Sunday, April 22, 2018

This is The Original Sin in Accounting That Tries to Distort How You Think About Cash

This is a great discussion (in under three minutes!) by the great Bill Bergman, Director of Research at
Truth in Accounting, on the shady move by some accounting theorists to muddy the difference between physical cash you have in your hand and cash held in a bank.

-Robert Wenzel  

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