An explanation appeared today in conversation, the subject being “why on earth did he not tell me the effect of our policy to buy, rather than lease”. The truth of which is that accountants are very fine historians, transferring the effects of actions made during the trading year into columns of numbers. This is not a criticism of accounting, rather a general overview of the perceived role of the accountant, to change this we need to introduce a revised role; that of expectation and perception (not soothsayer nor chancer) but a clear view of a policy and its effect on future finances. An accountant can predict that, someone who had been guillotined, would afterwards have a serious hearing impediment! What is required in today’s marketplace is the optimism and vision to enable businesses to grasp opportunity the very moment it arises. I should like to hear what you think on this topic, feel free to post. We may witness the birth of a new breed of accountants.
Accountants as Historians?
10th June 2010
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