Making things “transparent” has become popular in recent years. Transparent accounting, transparent processes, transparent government… it’s one of those words that sneaks up on you and then all of a sudden – it’s everywhere – modifying all sorts of other words.
Of course, it makes sense that there would be some sort of backlash somewhere. And the idea of translucent instead of transparent accounting made me laugh. Sure, you can see it, but you have to squint and it’s a little out of focus.
If I’m the guy on the right in this cartoon, I think I’d be looking for another job soon.
More in: Small Business Accounting
Sounds good enough to me!
I think that is a wonderful idea, however that is scary for a lot of business that cannot account for many many dollars lost. Also, the government as well.