#Accounting

Tag

• John Collison on the jobs-to-be-done of accounting
  Accounting has many jobs: taxes (gov’t), operations (management), creditworthiness (creditors), cashflows (shareholders)
• John Collison on the challenges of accounting for R&D and intangible capital in software businesses
  “How much are we paying to run the business (OpEx) vs How much are we investing in a long-lived advantage (CapEx)?”