Posts Tagged ‘accounting’
Charles Swindoll: Receipts Paid Full
on Tuesday, August 29, 2023Meaning of not just anyone would use a greek accounting term across their receipts, “Tetelestai” or Paid-in-full Money Quote: saying Charles R. Swindoll. said:
“It was an accounting term. Archaeologists have found papyrus tax receipts with “Tetelestai” written across them, meaning “paid in full” — Charles R. Swindoll
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Charles R. Swindoll is referring to an archaeological discovery of ancient papyrus tax receipts from the time of Jesus. The Greek word “Tetelestai” was written on these receipts, which translates to “paid in full” or “it is finished”. Swindoll notes that this was an accounting term used on receipts to indicate that a tax debt had been settled completely.
His point seems to be that this is the earliest known usage of the word that Jesus spoke from the cross, highlighting the significance of its meaning even in non-religious contexts of that era. The quote provides historical context for the biblical reference to “paid in full” through these unearthed papyrus tax receipts.
Andy Green: Wells Fargo Fraud & KPMG
on Saturday, August 19, 2017Andy Green Money Quote saying few have asked why outside auditors (KPMG) didn’t call attention to Wells Fargo fraudulent sales practices. Andy Green said:
![There’s been far too little attention since the [Wells Fargo] crisis on how the external auditors [KPMG] should be looking out for the public. They are not just bookkeepers, but the investors’, and the capital markets’ last defense against accounting manipulation and fraud Quote](https://itsamoneything.com/money/wp-content/uploads/Andy-Green-KPMG-Wells-Fargo-Fraud.jpg)
“There’s been far too little attention since the [Wells Fargo] crisis on how the external auditors [KPMG] should be looking out for the public. They are not just bookkeepers, but the investors’, and the capital markets’ last defense against accounting manipulation and fraud” — Andy Green
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William Black: Weapon of Choice in Finance
on Tuesday, February 10, 2015
William Black Money Quotation saying in financial wars, numbers obscure complex accounting schemes, hiding wrongdoing by bankers. William Black said:
“The weapon of choice in finance is accounting” — William Black
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