Grant Tait
@granttait.bsky.social
I post short observations about accounting phrases and acronyms
finance professionals use without noticing.
If these feel familiar, that’s what Fun with Accountants explores.
Book details in my profile.
finance professionals use without noticing.
If these feel familiar, that’s what Fun with Accountants explores.
Book details in my profile.
Accountants make me laugh because some annual reports describe the weather.
January 26, 2026 at 9:01 AM
Accountants make me laugh because some annual reports describe the weather.
Accountants make me laugh because some acronyms don’t follow the letters they display.
January 23, 2026 at 9:01 AM
Accountants make me laugh because some acronyms don’t follow the letters they display.
Accountants make me laugh because “presents fairly” and “true and fair” mean the same thing.
January 21, 2026 at 9:01 AM
Accountants make me laugh because “presents fairly” and “true and fair” mean the same thing.
Accountants make me laugh because accounting is defined as an art, a science, a process and a practice — sometimes all at once.
January 19, 2026 at 9:02 AM
Accountants make me laugh because accounting is defined as an art, a science, a process and a practice — sometimes all at once.
Accountants make me laugh because footprints find their way into annual reports without leaving any visible marks.
January 16, 2026 at 9:02 AM
Accountants make me laugh because footprints find their way into annual reports without leaving any visible marks.
Accountants make me laugh because planning is discussed in agricultural terms, despite involving no soil or weather.
January 14, 2026 at 9:01 AM
Accountants make me laugh because planning is discussed in agricultural terms, despite involving no soil or weather.
Accountants make me laugh because clarity is often achieved by adding three more paragraphs.
January 12, 2026 at 9:01 AM
Accountants make me laugh because clarity is often achieved by adding three more paragraphs.
Accountants make me laugh because removing one word from a sentence can require a committee.
January 9, 2026 at 9:01 AM
Accountants make me laugh because removing one word from a sentence can require a committee.
Accountants make me laugh because annual reports describe landscapes nobody can point to on a map.
January 7, 2026 at 9:02 AM
Accountants make me laugh because annual reports describe landscapes nobody can point to on a map.
Accountants make me laugh because the same acronym can mean different things depending on who is in the room.
January 5, 2026 at 9:00 AM
Accountants make me laugh because the same acronym can mean different things depending on who is in the room.
Planning makes me laugh. Accountants like farming imagery, breaking their planning down into silos between departments. From the mundane, they are trying poetic planning.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
July 28, 2025 at 8:01 AM
Planning makes me laugh. Accountants like farming imagery, breaking their planning down into silos between departments. From the mundane, they are trying poetic planning.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
Planning makes me laugh. Some accountants use trains in their imagery, encouraging companies to upgrade to complex capable analytics platforms.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
July 21, 2025 at 8:02 AM
Planning makes me laugh. Some accountants use trains in their imagery, encouraging companies to upgrade to complex capable analytics platforms.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
Garden imagery has come into accounting with the landscape. Nowadays, everything has to be a landscape. There is the planning landscape, the business landscape, even the technology landscape.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
July 14, 2025 at 8:02 AM
Garden imagery has come into accounting with the landscape. Nowadays, everything has to be a landscape. There is the planning landscape, the business landscape, even the technology landscape.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
Planning makes me laugh. Today planning has become dynamic, proactive and automatic, buzz words which are impossible to understand perhaps even for some accountants.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
July 7, 2025 at 8:02 AM
Planning makes me laugh. Today planning has become dynamic, proactive and automatic, buzz words which are impossible to understand perhaps even for some accountants.
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
Planning makes me laugh. Even the familiar FP&A has evolved to xP&A. ( it represents ‘extended’ so accountants have taken up using the second letter of a word for their acronym: xL&N)
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
June 30, 2025 at 8:02 AM
Planning makes me laugh. Even the familiar FP&A has evolved to xP&A. ( it represents ‘extended’ so accountants have taken up using the second letter of a word for their acronym: xL&N)
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/11/w...
#cfo #accounting #cpa
Accountants use ‘unwind’ as accounting jargon. More or less anything can be unwound. I found this rather extraordinary ‘probability of Technical/Regulatory Success unwind’ in an annual report.
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
June 30, 2025 at 8:02 AM
Accountants use ‘unwind’ as accounting jargon. More or less anything can be unwound. I found this rather extraordinary ‘probability of Technical/Regulatory Success unwind’ in an annual report.
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
Accountants use ‘unwind’ as accounting jargon. You should not confuse this unwinding, with the one after a hard day at work drinking a scotch sprawled out on the sofa...
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
June 23, 2025 at 8:02 AM
Accountants use ‘unwind’ as accounting jargon. You should not confuse this unwinding, with the one after a hard day at work drinking a scotch sprawled out on the sofa...
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
Accountants have started to introduce ‘unwind’ as accounting jargon. It is exclusively ‘wind’ with the ‘un’ attached. I guess wind in the positive would cause some confusion with a breeze.
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
June 16, 2025 at 8:02 AM
Accountants have started to introduce ‘unwind’ as accounting jargon. It is exclusively ‘wind’ with the ‘un’ attached. I guess wind in the positive would cause some confusion with a breeze.
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/12/04/w...
#cfo #accounting #cpa
And would you believe it? Now there is an EBIDAX. It should really be EBITDAE where the E is for exploration, but clearly an X is trendy compared to a boring old E.
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
June 10, 2025 at 8:02 AM
And would you believe it? Now there is an EBIDAX. It should really be EBITDAE where the E is for exploration, but clearly an X is trendy compared to a boring old E.
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
EBITDAal makes me laugh. The latest invention, from accountants presumably fond of Indian food is EBITDAaL.
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
June 3, 2025 at 8:03 AM
EBITDAal makes me laugh. The latest invention, from accountants presumably fond of Indian food is EBITDAaL.
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
EBITDAR makes me laugh. An accountant somewhere came up with an R to give us EBITDAR. The R can represent either rent or restructuring but accountants cannot agree which is the correct one.
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
May 27, 2025 at 8:02 AM
EBITDAR makes me laugh. An accountant somewhere came up with an R to give us EBITDAR. The R can represent either rent or restructuring but accountants cannot agree which is the correct one.
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog: www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
Ever since EBIT was invented accountants have been adding letters to it in a supposed effort to refine it. A was the first letter with EBITA, followed by DA. EBITDA has surpassed them both. It is famous!
The full article is on my blog:
www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog:
www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
May 20, 2025 at 8:02 AM
Ever since EBIT was invented accountants have been adding letters to it in a supposed effort to refine it. A was the first letter with EBITA, followed by DA. EBITDA has surpassed them both. It is famous!
The full article is on my blog:
www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
The full article is on my blog:
www.granttait.com/2024/11/27/w...
#cfo #accounting #cpa
My favorite quote on deadlines comes from Douglas Adams, the English author who said
I love deadlines. I like the whooshing noise they make as they go by.
Accountants never hear this lovely whooshing noise.
The full article is on my blog:
www.granttait.com/2025/02/24/w...
#cfo #accounting #cpa
I love deadlines. I like the whooshing noise they make as they go by.
Accountants never hear this lovely whooshing noise.
The full article is on my blog:
www.granttait.com/2025/02/24/w...
#cfo #accounting #cpa
May 13, 2025 at 8:02 AM
My favorite quote on deadlines comes from Douglas Adams, the English author who said
I love deadlines. I like the whooshing noise they make as they go by.
Accountants never hear this lovely whooshing noise.
The full article is on my blog:
www.granttait.com/2025/02/24/w...
#cfo #accounting #cpa
I love deadlines. I like the whooshing noise they make as they go by.
Accountants never hear this lovely whooshing noise.
The full article is on my blog:
www.granttait.com/2025/02/24/w...
#cfo #accounting #cpa
CFO does not stand for Chief Financial Officer but Chief Fiddling Officer. The title has nothing to do with musical accountants. It relates more to cooking, as in cooking the books!
The full article is on my blog:
www.granttait.com/2024/08/25/w...
#cfo #accounting #cpa
The full article is on my blog:
www.granttait.com/2024/08/25/w...
#cfo #accounting #cpa
May 6, 2025 at 8:02 AM
CFO does not stand for Chief Financial Officer but Chief Fiddling Officer. The title has nothing to do with musical accountants. It relates more to cooking, as in cooking the books!
The full article is on my blog:
www.granttait.com/2024/08/25/w...
#cfo #accounting #cpa
The full article is on my blog:
www.granttait.com/2024/08/25/w...
#cfo #accounting #cpa
UK audit opinions proclaim that financial statements give a ‘true and fair’ view, whereas in the USA they ‘presents fairly’. What is the difference between these two opinions? Is the answer nothing at all?
The full article is on my blog:
www.granttait.com/2024/05/06/f...
#cfo #accounting #cpa
The full article is on my blog:
www.granttait.com/2024/05/06/f...
#cfo #accounting #cpa
April 29, 2025 at 8:01 AM
UK audit opinions proclaim that financial statements give a ‘true and fair’ view, whereas in the USA they ‘presents fairly’. What is the difference between these two opinions? Is the answer nothing at all?
The full article is on my blog:
www.granttait.com/2024/05/06/f...
#cfo #accounting #cpa
The full article is on my blog:
www.granttait.com/2024/05/06/f...
#cfo #accounting #cpa