Tuesday 5 February 2008

Rules of Accounting

Just because I can

It occurred to me the other day that, since I've spent more than a decade in the workforce, I should have some words of wisdom.

So, here are 2BarRiff's 5 Rules of Accounting:

1. It's all about the cash.
Everything else is smoke and mirrors.

2. Don't let anyone know how you do things.
If they knew how easy it was then they'd be doing it.

3. The only thing harder than trying to manage a result that looks bad is trying to manage a result that looks too good.
A Bad result means you get to interrogate everyone because they missed something.
A Good result means you have to interrogate yourself because you missed something.

4. It's not about the numbers, it's what the numbers mean.
Accountants deal in information, not numbers. But remember Rule 1.

5. Making the hard decisions can be easy.
Remember, as an accountant no-one expects you to have either a conscience, a personality or friends. This can be a plus. The minus is that it only works down. The guy above you is a bigger prick than you are.

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