Wow first blog and its 2017. Lets see how I go!!
Hi Everyone. My name is Katherine and I am currently living in the beautiful sea side town of Yeppoon. I have only recently moved up here from Melbourne, Victoria, where I was working as the Senior Intelligence Analyst and Compliance Inspector within a government department.
As I said in my first sentence, this is my first blog, and to tell you the truth I would not have a clue what I am doing. But reading a few of the other Blogs, I feel good knowing that I am not the only one.
I am a first time Uni student at the age of (lets just say), 35+ studying my Bachelor of Accounting at Rockhampton, and am wondering what type of adventure I am going to be taken on. Am I a bit apprehensive and a little bit scared???? Yes very much so. I have, over the years completed a number of courses and a number of Cert III and Cert IV’s but never thought I would be sitting here enrolled in a Bachelor of Accounting course. Sometimes I think “What the hell are you doing girl?” And my answer………. “Starting a new page in life finally doing something for me”.
Ass#1 – Draft Part 1
I wonder if I am the only one that read “Interact or Perish”, and thought, Oh My God! (Yes I used the OMG) What the? I have to create a what? And log into who? And by when? And this is all on line. What am I doing?????
I am the type of person who would prefer to interact with people face to face, not online. If you send me an email with a question, I will give you a call to talk to you and then send you an email to ensure that I haven’t missed anything. But a Blog! Ok now let me get my head around all this, and take a step back.
Ok, now that I have taken my step back and pulled myself back together, I start reading the Introduction and first chapter. Ok this is not as bad as I first thought. I am starting to think that maybe studying accounting was not a bad idea. Especially the comment on the first page where “almost everyone should (at least) pass.” Plus we get our own company!!!. I wonder what it will be? It will be nice to be on the reading side of Annual Reports for a change, rather than being the person that has to add stuff to the Annual Report. I just hope excel plays nice with me (Excel and I dont see eye to eye at times).
I learn through doing things “hands on” so at present I am going through the readings two or three times just to ensure that I am understanding what is being said. Maybe I should start calling it Katherine’s “Double reading (to) accounting”?
I also think that I am trying to over analyse everything also, which is making me think it is harder than it actually is. I think this could be just getting the mind into study mode.
One thing about learning is that we don’t have to do it alone, some people like that approach (the lone wolf) and excel in it, but for those of us who don’t, the way that this unit is set up will be of great assistance. And I will apologise up front Martin for asking the same questions over and over again (I will get it eventually – well I hope).
So to me what is accounting? We have learned through these first couple of chapters that “Accounting involves recording in a firm’s accounts some aspects of what is going on in a firm.” (Chapter 1. P15/15) I cant help thinking is there more? Or is it because I am starting to relax and thinking outside the square? Can we look at other things in life in a similar context as when we view a business and the use of Accounting? I guess we will find out as we continue on our journey.
Another thing, with all these key words that we will be using, Assets, Liabilities, Equity, Revenue, Expenses, we all use them in our everyday lives in some way or another, but are they going to become our lives? Example is those of us that budget (yes I have a budget for my everyday life), or those who have gone through a separation. We have our assets like our car, motorbike or home. Our liabilities like our mortgages or loans (the banks just love giving you more money), our expenses like petrol, bill and school fees. Maybe these key words are already our lives? How many other things in life can we use the fundamentals business and accounting in?
So many questions and idea’s and so many answers to explore. I think you would all agree, that the more that you sit and think about the things that we have read in the first two chapters, the more questions you will be asking yourself. And hopefully we will have them all answered by the time we finish our course.
Good luck everyone!
My journey though Bachelor of Accounting 