Tax Guru-Ker$tetter Letter
Saturday, July 13, 2002
Is Accounting An Art Or A Science?
People often ask me how I could survive in the supposedly boring cut & dried accounting profession for so long. I have to explain that accounting and tax work have always had a lot of room for creative efforts. Some of the less legal creative efforts have made the national news recently.
It's well known that a dozen different tax preparers can take the exact same set of facts and come up with well over a dozen completely different looking tax returns. That is why I have always considered the tax returns I prepare to be works of art, requiring a lot of time and consideration.
It also means that this spoof from SatireWire, claiming that the U.S. Supreme Court ruled that corporate earnings statements should be protected as works of art, since they "create something from nothing," isn't as far fetched as it may seem at first blush.