Accounting and Taxation

Rachunkowość i podatki

Bachelor's

Table of contents

Accounting and Taxation at AWSB »
Definitions and quotes »

⇑Accounting and Taxation at AWSB

Field of studies: Finance and Accounting

Language: Polish Studies in Polish

Subject area: economy and administration

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

University website:
wsb.edu.pl/en
wsb.edu.pl/en/admissions/study-in-english

⇑Definitions and quotes

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

The Inland Revenue is not slow, and quite rightly, to take every advantage which is open to it under the Taxing Statutes for the purposes of depleting the taxpayer’s pocket. And the taxpayer is in like manner entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue.

James Avon Clyde, Lord Clyde (1863-1944), Ayrshire Pullman Motor Services and Ritchie v. Inland Revenue (1929) 14 Tax Case 754.

Wikiquote

Accounting

… without idealism, politics becomes a form of accounting, a management of purely material interests.

Ian Buruma What’s Left After 1989?

Wikiquote

Accounting

The problem is not that this optimistic view is wrong. By economic accounting, the optimistic view is mostly right.

Didier Sornette Why Stock Markets Crash - Critical Events in Complex Systems (2003) Ch. 10, 2050: The End Of The Growth Era?, p. 390.

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