Please ensure Javascript is enabled for purposes of website accessibility
January 30, 2023

Accountants Can Kick a Politician’s Butt?

Figuratively, of course.
Denver Post:

Perlmutter, a Democrat from Golden, had introduced an amendment that would allow regulators, if they ever faced another economic crisis like the one last fall, to tinker with standard accounting rules that many believe exacerbated the crash.
But accountants, despite their milquetoast image, are not to be messed with lightly. An army of pinstriped lobbyists had been working committee Democrats for two days, and by just after 2 p.m. Wednesday, they forced Perlmutter to accept a compromise that gutted the amendment.
“Basically, the accountants were kicking my butt,” Perlmutter conceded.

Of course. Should of known it was lobbyists and not an army of abacus-wielding Bob Herz fanboys.

Figuratively, of course.
Denver Post:

Perlmutter, a Democrat from Golden, had introduced an amendment that would allow regulators, if they ever faced another economic crisis like the one last fall, to tinker with standard accounting rules that many believe exacerbated the crash.
But accountants, despite their milquetoast image, are not to be messed with lightly. An army of pinstriped lobbyists had been working committee Democrats for two days, and by just after 2 p.m. Wednesday, they forced Perlmutter to accept a compromise that gutted the amendment.
“Basically, the accountants were kicking my butt,” Perlmutter conceded.

Of course. Should of known it was lobbyists and not an army of abacus-wielding Bob Herz fanboys.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

#TBT: Retired Accountant Whose Last Name Is Bunny Wins Easter Contest

This gem comes from the Warrington Guardian in England back in April 2014: Bookmakers feared the work of a prankster when the winner of a £124,987 first prize in a nationwide contest culminating ahead of Easter was Mr. Bunny. But the winner of the Easter cash is in fact retired accountant David Bunny who now plans to spend […]

The Accounting Profession’s Lack of Diversity Is a Rodney Dangerfield Problem

If you’re like me, your eyes glaze over when firms start talking about “diversity initiatives.” Most of the time, they’re bullshit buzzword-filled discussions involving a white board and a “shout out your answers!” brainstorming session led by a white guy in a skinny tie who wouldn’t know diversity if it punched him in the windpipe. […]