Is the glass half full?
We are probably all aware and have been known to ponder the enigma of: “Which came first, the chicken or the egg?” As good accountants, we have also probably pondered whether the glass was half full or half empty. If only “they” had a good accounting procedure, I am sure we would know. We would also know which portion had been charged to expense and which was still “hung up” on the balance sheet. (I always visualize a meat locker labeled “Balance Sheet” with sides of beef hanging inside when I hear the phrase “hung up on the balance sheet”.) Actually, tonight’s editorial is about the need for all of us to recognize, in ourselves and in those around us, [ Read more… ]