Talking about accounting:
We had one local treasurer (only one thankfully!) in the Swiss pirate
party who didn't understood why one should use accrual accounting
instead of cash accounting.
If you ever have to argue with such guys I suggest to ask them to
watch these 6 educational videos instead of wasting time (26 minutes
total, open license [CC-BY-NC-SA] )
1) http://www.khanacademy.org/video/cash-a ... st=Finance
2) http://www.khanacademy.org/video/accrua ... st=Finance
3) http://www.khanacademy.org/video/compar ... st=Finance
4) http://www.khanacademy.org/video/balanc ... st=Finance
5) http://www.khanacademy.org/video/basic- ... st=Finance
6) http://www.khanacademy.org/video/doing- ... st=Finance
I assume you all already know why one should accrual accounting over
cash accounting and I don't wanna imply that you do not
but if I''d be mistaken with this assumption, here's your chance to
learn about it
regards
-pat
Zdraví
