August 20, 2016

Watch and LEARN!

The above is a video interviewing Steve Ballmer. Ballmer has more shares of Microsoft than Bill Gates. The shares are easily worth billions of dollars. That isn't to say Ballmer is a genius; that's clear. But I REALLY like what he has to say.

Alright...

So I spoke with a CPA Facilitator and they said because I did my work early. I should aim to finish off my work by today, it should be fine. But since no revisions are allowed I have to start from scratch. No problem. So if I want to get ahead, I need to start well before 9:55. The time now is already 5:55. Leaving me 4 hours of study time. Let's rock the day :)

I ate a ton of fruit. As well as some All-bran + walnuts + almonds + raisins. Then I had some more grains + berries in the form of granola bars. I hope my stomach is somewhat happy lol It was feeling rather upset earlier. I'm going to wash my hands and rest a teeny bit. 

JUMPING ON THE OPPORTUNITY SIDE OF THE SCALE

Now, I'm not a professional that does audits yet. But the way I see it is this: 

There is a giant scale (almost the size of a diving board): The left side of the scale is red and represents risk, the right side of the scale is blue and represents opportunity. 

This diving board like scale is where an accounting firm (that does audits) has to position itself. 

It will either incur the risk of having a lawsuit filed against it. 

Or it will have the opportunity to make lots of money. 

Where the accounting firm positions itself depends on probably many factors, but the main factor in my opinion would be COMPETENCY. 

Getting competent at auditing will put you on the opportunity side of auditing. 

You are always on one side of the scale. 

But if you don't use your time to learn about all the ins and outs of providing reasonable assurance, then you will end up falling towards the risk of lawsuit side. 

So it's really important to LEARN!

You all know how easily a scale tilts right? I think it's the same way. This was a good analogy to motivate me to study hard. I hope it helps you too :) 

Peace out! Gonna go study auditing a lot.