Sunday, 25 April 2010

Reporting and Performance

A few nights ago, my sister asked me what type of job I'd look for (for the record, I'm a Financial Accounting graduate). I told her non-accounting related, well, at least not keeping accounting records.

My stand is this:
Financial Accounting (in a commercial business sense) requires one to keep accounting records of a business, and this involves past records/historical data. If you are dealing with historical stuff, how can your performance be rated? Is there even a KPI for how well one keeps past records? Of course there's the occasional advice that you can provide from the extensive list of accounting standards, but these also mostly relates to how you handle the past records, which nobody would really look at apart from the blasted, nosy auditors, and perhaps your 'successor'. So, since your performance can't be rated, how can you get a pay rise, a promotion, a pat on the back from the boss, some form of recognition? Heck, nobody's gonna say "Well done, you did a good job in handling all the past records (which nobody really care about anymore, since we're looking at what will happen in the future)".
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