Accounting and Taxation

Rachunkowość i podatki

Bachelor's

Language: Polish Studies in Polish

Subject area: economy and administration

Kind of studies: full-time studies, part-time studies

Description:
pl

University website: www.en.ujd.edu.pl

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.

Wikipedia

Taxation

Taxes are the chief business of a conqueror of the world.

George Bernard Shaw, Caesar, in Caesar and Cleopatra, act 2 (1901).

Wikiquote

Accounting

It’s simply to say that managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.

Warren Buffett 1982 Chairman's Letter

Wikiquote

Taxation

An unlimited power to tax involves, necessarily, a power to destroy.

Daniel Webster, McCulloch v. Maryland 17 U.S. 327 (1819). Usually reported as "The power to tax is the power to destroy". Webster, in arguing the case, said: "An unlimited power to tax involves, necessarily, a power to destroy", 17 U.S. 327 (1819). Chief Justice John Marshall reflected this in his decision, saying: "That the power of taxing it [the bank] by the States may be exercised so as to destroy it, is too obvious to be denied" (p. 427), and "That the power to tax involves the power to destroy … [is] not to be denied" (p. 431).

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