Ever wondered what happens when Chuck Norris trades his roundhouse kicks for a calculator? Here’s what occurs when the martial arts legend steps into the world of accounting.
Contents
Balance Sheet Mastery
- Chuck Norris’s balance sheets always balance. Even before he enters the transactions.
- When Chuck Norris does accounting, assets voluntarily equal liabilities plus equity.
- Chuck Norris never needs to reconcile bank statements. The bank reconciles its statements to match Chuck Norris’s books.
- Chuck Norris’s trial balances are never out of balance. They wouldn’t dare.
- When Chuck Norris posts an entry, it posts itself to both sides of the ledger out of fear.
Audit Excellence
- Chuck Norris doesn’t need audit evidence. The evidence volunteers itself.
- When Chuck Norris performs an audit, materiality thresholds don’t matter. Everything is material to Chuck Norris.
- Chuck Norris never needs to verify subsequent events. Future events adjust themselves to match his predictions.
- Chuck Norris’s audit opinions are always unqualified. Because no company dares to have irregularities in his presence.
- When Chuck Norris requests confirmation letters, they arrive before he asks.
Tax Season Supremacy
- Chuck Norris doesn’t prepare tax returns. The IRS sends him a completed return for approval.
- When Chuck Norris calculates depreciation, assets appreciate instead.
- Chuck Norris never needs extensions. Tax deadlines extend themselves when they see him coming.
- Chuck Norris’s tax planning strategies are so effective, they’re legal in jurisdictions that don’t exist yet.
- The alternative minimum tax doesn’t apply to Chuck Norris. Chuck Norris applies to the alternative minimum tax.
Software Mastery
- When Chuck Norris uses QuickBooks, it becomes QuickestBooks.
- Chuck Norris doesn’t need Excel shortcuts. Excel shortcuts need Chuck Norris.
- Chuck Norris’s spreadsheets never have circular references. The references form perfect squares out of respect.
- When Chuck Norris uses accounting software, it debugs itself.
- Chuck Norris doesn’t need cloud backup. The cloud backs itself up to Chuck Norris.
GAAP and IFRS Wisdom
- Chuck Norris doesn’t follow GAAP or IFRS. GAAP and IFRS follow Chuck Norris.
- When Chuck Norris makes an accounting policy, it becomes a generally accepted principle.
- Chuck Norris can make principles-based and rules-based standards agree.
- Chuck Norris’s footnotes are actually headnotes, because nothing goes below Chuck Norris.
- When Chuck Norris issues financial statements, they’re automatically SEC compliant.
Month-End Closing
- Chuck Norris can close the books while they’re still being written.
- When Chuck Norris performs month-end closing, the month waits to end.
- Chuck Norris never has unrecorded liabilities. Liabilities record themselves out of fear.
- Chuck Norris’s adjusting entries adjust themselves.
- When Chuck Norris reconciles accounts, differences reconcile themselves.
Professional Development
- Chuck Norris’s CPE credits multiply themselves.
- Chuck Norris passed the CPA exam by just walking into the examination center.
- When Chuck Norris attends accounting conferences, the speakers learn from him.
- Chuck Norris’s timesheets always add up to exactly eight hours. Time itself adjusts to match.
- Chuck Norris doesn’t need professional skepticism. Fraud confesses itself in his presence.
Client Relations
- Chuck Norris never needs to send payment reminders. Clients pay before the invoice is generated.
- When Chuck Norris requests missing documents, they materialize instantly.
- Chuck Norris’s clients never miss deadlines. Deadlines miss Chuck Norris.
- Chuck Norris doesn’t need engagement letters. Clients engage themselves.
- When Chuck Norris does client meetings, the minutes take themselves.