Tax Staffer at Work…

…Accounting rapper at home!

Bobby Frye, tax staffer at Warren, Averett, Kimbrough & Marino CPAs, in Birmingham, Ala., says he finds it “utterly disgusting that no good songs have ever been written about accountants.”

So, with a nod to Snoop Dogg for the “moderately” offensive tune “Gin and Juice,” Frye offers up “this precious gem of melodical and lyrical wonderment.”

Here, from Frye’s YouTube page, are the lyrics “if you consider yourself enough of a Viking warrior to read them:”

With so much drama in the M-A-C
Its kinda hard bein’ a MAc student at AUB
But I, I somehow, someway, calculate un-
favorable variances every single day and,
Can I do an income tax return now, for Momma G’s?
And figure out minimum pension liability?
Don’t you know its two in the mornin’ and the party’s still jumpin’
Cause the audit’s not done.
I’ve got some tradin’ securities gettin’ it on,
And they ain’t leaving till they’re recognized in income.
So, what you wanna do?
I’ve got the Internal Revenue Code now and my homeboys do too.
Decrease payables when you pay your bill, but
But don’t amortize goodwill.
And we’re gonna depreciate fixed assets,
Straight-line, double-decline, or sum-of-the-years digits.

And I’ll be waitin’ till April 15th joint costin’, workin’ on my calculator
Laid back, with my debits on my credits and my credits on my debits.

I’ve got me some cash flow charts.
Shipping or receiving where should I start?
Now, bonds are issued greater than face all the time.
You’ve gotta amortize your premium before I can amortize mine.
Think its time we listen to Dr. Andy
He’s got that final Capstone project that be captivating me.
Increase retained earnings by net income,
But don’t add Treasury stock because that’s just dumb.
I started MACin’ on this actuary,
You know she’s memorized every FASB.
Equity investments is how you should account for these,
But its a justified departure if you consolidate with me
At ease, as I mob with the SEC, feel the breeze.

Chorus

Later on that day
My homey the AICPA, came through with a brand new way,
To depreciate hay, Read some Revenue Rulings that made me choke
If I was a marketing major, man I’d be broke
I had to back up of it, put my calculator down.
Capitalized leases? C’mon get outta town.
The FASB’s not stoppin’, interest rates are droppin’,
My abacus came from the city of Compton
Income and balance sheets everyone knows,
But what about operating, investing and financing cash flows
Don’t get upset girl, that’s just how it goes
I love financial statements that’s why I’m out the do’

[A shout out to Larry Pirkle at the firm for sending this in!]

Posted at May 16, 2008
Filed Under BSG [CPA TRENDLINES], Video |

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