In the spirit of the election, last month we asked which candidate had the best understanding of accounting. The results:
- Barack Obama - 41%
- John McCain - 27%
- Ralph Nader - 13%
- Joe Biden - 10%
- Sarah Palin - 9%
Given the amount of attention the economy's going to get from the incoming administration, it may be a good sign that the election's winner earned such a score for his accounting acumen. We suppose some CPAs would argue that if people on Wall Street and in Washington had given more credence to basic accounting, maybe sub-prime mortgages wouldn't have become so very popular over the last few years.
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