The Accounting life
When I was younger, I had always envisioned myself as an accountant of a big firm like the big four (Deloitte, PwC, EY, KPMG). But it got to a point in my life, where everything came to a halt and I began questioning myself.
I saw people dropping out and going into another course of study. Some said, the field is boring, stressful and needy, while for others it was very easy "some said isn't it just debit and credit". Honestly, yeah it's debiting and crediting but it's not as easy as it sounds.
You have to get the details from the source documents, post it to the necessary books of accounts such as the cashbook and Ledger account and then extract a trial balance and after that extract the necessary financial statements. All these you have to do by the guidelines given by the necessary standards such as International Financial Reporting standard (IFRS) and International Accounting Standard (IAS), IPSAS (International Public Sector Accounting Standard) and International Standard on Auditing (ISA) and a host of others.
Even in a lecture room, you'd hear a lecturer saying, this is used in practice and the other is not. And oh! Don't let me start with the illustrations given as examples that will make you start wondering where you'll finally end up 😂 or ever want to be an accountant.
So let me end here by saying, Accounting is not an easy job but it's something invaluable to a society, when you understand the necessary entries and where to post them and follow the guidelines, oh! yeah, you'll forever love the course and appreciate its usefulness.
P. S: The picture I used is to show that no Accountant is boring even after a stressful workload day ☺ .