Re: Accounting Tweak Could Save Fed From Losses

On Sat, 22 Jan 2011, Lance McLain wrote:
> Nice..so a simple accounting trick turns billions of dollars in losses 
> to a liability to the Treasury (i.e. taxpayer).
> Stroke of the pen, law of the land, kinda cool!

This doesn't really tie into the article in any way, but FWIW, the other 
night I finally got around to preparing our church's "financial report", 
or "financial statement", or both -- whatever they're called.

And then, last night, I prepared the tax receipts for everyone who gave 
our church tithes over the past year.

There are times I think I should have been an accountant.

I mean, my eyes glaze over whenever economists and whatnot start throwing 
around all their financial-sector jargon.  But I like numbers.  Love 'em, 
in fact.  And being in charge of the church's finances is like the 
wickedest game of Sudoku.  If that makes any sense.

I especially get a kick out of the fact that my cell phone -- an Android, 
which I've had for only five months now -- has an app provided by our 
church's bank, and that I can access my church's bank-account information 
at any time with a few taps on my touchscreen.  (Yes, I *am* the kind of 
guy who needs to know that the cheques he wrote have been cashed.)

Um, sorry, Lance, that's two of your threads I've tangentialized, now.

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