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Comment by skeletonjelly | Hacker News Reader

Ah. Personal finance. I thought this was finance the industry.

Business finance, actually. Not many individuals generate P&Ls, balance sheets or cashflow reports (though in principle nothings stops this from happening).

The article is about corporate finance, I don't know about you but I'm not disciplined enough to maintain income statements, balance sheets and cash flow statements for my personal life.

overkill, too.

Right. After all how relevant are questions like "how much did I spend to earn my wages" in personal finance? I am guessing one could get some benefit from asking these questions, but not at all sure that most people would care enough outside of a business setting.

That's funny, I misread it as "Finance for <i>Greeks</i> -- which might also be a useful, if short[1], article.

[1] In entirety: "See Iceland".

Greeks are foundational to the mathematical theory of finance.

http://en.wikipedia.org/wiki/Greeks_%28finance%29

Currently though the Greeks have crazy* auditing rules regarding VAT, and while this doesn't necessarily hit the finance reports, it is extremely important to be aware of if setting up a finance solution for a business in Greece.....

* As in all invoices are printed on government-issued, numbered sheets of paper and you must track the paper invoice to the sheet you purchased from the tax office, and the same goes with packing slips which are called "transit vouchers"

So I don't think it would be a short article at all.....

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