#BGIM is back after that long absence with an article on Accounting and the need to be accountable.
Every successful business in this world has proven to be a business with strong accounting principles. The Manager accounts for what is given him and how he uses it. The workers also account for how they use resources handed over to them.
In such highly accountable institutions where even a needle is accounted for, many people see such an organization as STRICT, MISERLY & too ECONOMICAL. But I say to you this day, that it is these same institutions that are thriving and have thrived over the last decades.
We have to account for whatever is kept in our care that’s why in the Parable of the Talents in Matthew 25:14-30, the master asked his servants to SETTLE ACCOUNTS with him after his trip.
If you see shopkeepers, taking stock everyday at the close of day before going home, it is not for the pleasure of it but for the financial principle behind it. If you don’t do same in your shop, I hope from today you begin to learn from them.
Aside wastage, strong accounting principles help to bring out the best in workers because they know they would have to give account in whatever they do. And when your workers start giving off their best, you are sure to move to new levels of growth and success as you would see the blessings of God manifested in your Increased Profit Margins & Revenues.
So if you don’t have good accounting principles in your place of work, abode and even worship, I recommend you read FINANCIAL MANAGEMENT BOOKS this week to secure all the blessings God brings your way as an obedient Christian or person.
#BGIM Bless God It’s Monday
ACCOUNTING IS NECESSARY
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