The current tag states:
for questions that relate to the laws, practices, and products of accounting. Please note that questions about accounting that are academic or have no bearing on personal finance are off-topic here.
- Wouldn't questions about laws and practices be academic in nature?
An example question would be, "I am a small business owner who is new to accounting and currently do not have the funds to afford an accountant. Using T charts should I keep track of miscellaneous expenses individually or lump them into a debit for a general 'Business Expense'?"
This is a question about laws and practices that relates to the site, as it is small-business. A previous question about the material came up here, and was confirmed as appropriate.
But, there seems to be a discrepancy here. The man is asking about debits and credits and rules at which to use them, but was marked as off-topic for:
Questions about accounting are off-topic unless they relate directly to personal finance or investing from an individual's perspective.
- So that leads me to ask, is there a stigma against accounting, as a whole, on this website?
The three areas that are "Off-Topic" but can pertain to possible accounting questions are:
- Questions about corporate or government finance
- Questions about accounting that are academic or have no bearing on personal finance
- Questions about small business that have no bearing on personal finance
Note: Are small business questions on topic? Where Chris W. Rea states
some questions related to being a contractor, self-employed, independent, freelancer, etc. (whatever you call it) ought to be on-topic, because they relate to a fundamental decision all individuals have to make: "How will I make a living?"
Accounting practices and laws, specifically in bookkeeping, are crucial for proper tax documentation and personal expense minimalization.