Management Accounting, February 1990


 

This is one of the rare times an editor changed my caption (with my permission). It served his purpose, as the editor of an accounting magazine (GAAP stands for Generally Accepted Accounting Practices). But I really thought it ruined my gag. My original caption was "On this project, I want you to forget the federal, state and local guidelines -- just follow the Hochfelder guidelines!"

Yeah, that's much better.






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