Words that Count is dedicated to enhancing the professional communication, within and between accounting firms, through efficient drafting of any and all necessary documents.

Friday, April 23, 2010

Want a promotion? Here's the tools. By Cody C


http://www.edopter.com/images_user/ideas/200802/Kz9xOQ

A balance sheet is how firm's keep track of their current financial standing. Now all of you, as accountants, read financial statements every day. However, the monotony of such tasks take a grind on the brain and renders you inefficient. We at Words That Count feel the best way to maintain quality and precision in the workplace is to consistently go back to basics. So today let's review some things you already know.
A balance sheet is used to literally "balance" a company's finances. On one side of the balance sheet equation is a firm's assets. The other side contains a summation of the firm's liabilities and shareholders' equity. Now before you stop reading out of boredom, I want you to to think harder. How does such a standardized process affect me and my job?
What sets one employee apart from another is in the details and there is much more to the balance sheet than it seems. The balance sheet offers insight into the future and direction of your firm. The balance sheet also provides information about past decisions and current financial standing. The ability to make inferences from this data and offer your boss pre-made solutions to identified problems will show your dedication to the firm and to success.
Again, when reporting to your boss remember the basics. Always be formal when sending correspondence within the workplace. Also, stay concise. Most upper-management positions do not leave much free time so get to the point. State exactly what it is you want or are proposing and follow that with a honey statement to end things smoothly. Also, any research requires sources to be cited.
Always remember, Words That Count is dedicated to perfecting the quality of writing within your workplace. Furthermore, Words That Count seeks to empower you in order to succeed and, let's be honest, make more money!

7 comments:

  1. I liked your explanation of the balance sheet. It's true it is such an important statement in evaluating a company. I also like how you really tied in Words That Count into your post.

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  2. And the picture is hilarious!

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  3. I love how you tied the basics of the balance sheet into the importance of writing in the workplace. The picture is fun, and the whole thing is very well-written. Thanks for a great ending blog!

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  4. I love that show, great touch, well done.

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  5. Love your choice of graphic as I am a big The Office fan...

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