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> If you have errors in your paper ledger, you're not much of an accountant. That’s because accounting practice has solidified certain inevitable innaccuracies
by kd5bjo 6y ago
> If you have errors in your paper ledger, you're not much of an accountant.
That’s because accounting practice has solidified certain inevitable innaccuracies as “the way things are done.” Any method that doesn’t produce the same accounting-correct but mathematically-imprecise results is “wrong,” and those innaccuracies are based on a fixed-point model.