Discover and read the best of Twitter Threads about #Accountants

Most recents (4)

1) I lived under the regime of the #SEC for 25 years as an investment banker. So what I am about to tell you is nothing new to me. Every member of the securities industry can corroborate and every securities lawyer with integrity can back these statements.
2) DISCLAIMER: Before you proceed, you must know that I am not a #securities lawyer, and this is not legal advice. In addition, these are only my own opinions.
3) The SEC designs rules that makes them "operatively contagious", like a virus. If Im sick and I touch you, you get sick. To understand what this means one first MUST understand the term #Gatekeeper as it is has been commonly used in the regulatory community.
Read 24 tweets
It's #RPA Sunday and I am going to Tweet along while I try to build a bot to solve a specific problem that I'm having with a client.

Thread 👇

#CPA #accounting #automation
Use case: I have a relatively new client with an OOC chart of accounts. The original P&L consisted of 218 accounts: 4 revenue, 129 COGS and 85 OPEX.
After some convincing, we were able to get COGS down to 6 accounts, but it took me about 3 hours to do YTD reclasses using the @QuickBooks "Reclassify" tool. That's what I am trying to avoid as we migrate the OPEX accounts to our template COA.
Read 24 tweets
What are new graduates doing to be attractive to banks entry-level analyst programs?
@ABABankers @TheBanker @CIOonline @RiskDotNet @FT
Interesting question.
Banking sector MTO - Management Trainee Officers Program vary from country to country.
In my country Bank Staff Colleges train young graduates to become bankers.
The hired graduates have to undergo an intensive training course by attending several In-house boot camps or lecture hall workshops before they are moved into the formal workplace.
Read 38 tweets
#TooGoodNotToShare
#EducationIsImportant #NationBuilding
#Education
A University professor once wrote an expressive and Avery apt message to his students at the doctorate, masters and bachelors levels and placed it at the entrance in the university he taught in..
The #Message reads as below..

“Collapsing any nation does not require use of atomic bombs or the use of long range missiles. It only requires lowering the quality of education and allowing cheating in the examinations by the students".
The #patient dies in the hands of such #doctors

And the buildings #collapse in the hands of such #engineers

And the money is #lost in the hands of such #accountants

And #humanity dies in the hands of such religious #productivity scholars ...
Read 5 tweets

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