Where did that time go?
31 years ago this boy was a raw, innocent 18 year old working as a junior accountant in a mid sized accountancy practice on the South Mall in Cork. At this stage I was two months into my apprentice and I was learning the basics.
Ironically, I had done Economics and Business Organisation in secondary school so Accounting was brand new to me!
For every debit there had to be a corresponding credit was the golden rule – if you got that, your accounts would always balance. If they didn’t balance something was wrong and you had to search for your mistake.
It’s probably easier for everyone now with the computers and the accountancy packages – we had to do it all manually with ledgers in my day. Imagine trying to dig through that lot to find where you went wrong..
I was in practice for 6 years and then went onto industry and eventually swapped the accountancy role for a general management one and that was the official end of my debits and credits (except for my own projects at least).
That debits and credits discipline always stood to me and I do think accountancy and the privilege of working with so many businesses at at a young age was the best business degree anyone I could ever hope for.
You listen and learn from clients, you understand the drivers of their businesses and you use your expertise to help them. In many ways I do exactly the same now except the expertise is quite different and I don’t have to worry about those debits and credits.
The strange thing is that life is full of debits and credits and it too must balance and if it doesn’t something is wrong.
I’ve been working hard all morning …. head out for a nice coffee
My crew work their socks off …. take them for lunch on Friday
I’ve been stuck in that proposal for hours …. time for a stroll and fresh air
We’ve been working hard all year …. where will we go for our Christmas party?
Work, work, work …. spend time with friends, meet the kids, visit the folks
Busy doing stuff for everyone else …. get tickets for that gig
I’ve been working my socks off all year …. maybe a new car at the start of the year?
Whatever you do today make sure you balance your books!