What exactly is a balance sheet?….

  Well, it is an accounting convention, first recorded by the Franciscan friar Dominic Luca Pacioli in his 1494 blockbuster, Summa de arithmetica, geometria, proportioni et proportionalità. Pacioli didn’t invent the set of accounting techniques he described, which were in use in mainly Venetian banking circles, but he was the …

A Eulogy…….

The internet is truly a wonderful thing. I came across a most peculiar book – The Early Civilization of China  by an Arthur Coterill. In it he tells a rather odd story.  “A most distinguished scholar died and found himself standing before the King of the Underworld. When the monarch accidentally …

Express and Expresso….

  If you have ever expressed yourself on an express train, you may have wondered about the origin of the expression and why it should expressly mean that. You may then have settled down with an espresso and an Iarnrod Eireann soggy sandwich and forgotten all about it. Once upon …

To be at loggerheads……

  People at “loggerheads” are considered to be confronting each other. In the 15th and 16th centuries a ‘logger’ was the name given to a heavy wooden block fastened to the legs of grazing horses, enabling them to move slowly around a field but not to jump fences or stray too …