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Week 2 - Feeling the rhythm, not the blues


Rhythm seems to be highly important within the horse racing world, and much is the same for the accounting world. Without it, patterns wouldn't form, and consistencies would be non-existent.
Rhythm seems to be highly important within the horse racing world, and much is the same for the accounting world. Without it, patterns wouldn't form, and consistencies would be non-existent.

Hey all,


Definitely starting to get back into a rhythm with study life again. For a few days there I had a case of the blues and 4 months off didn't quite feel like enough.


Chapter 2 and 3, what were your most important learnings form these chapters?


I felt like my overall outlook on financial statement analysis is starting to form as we unpack the unit. I have provided a snip it of my draft below for anyone to would like to check it out.



Some KCQs I developed were as follows:


  • How do we recognize deficiencies or faults when we analysis financial statements, and are these deficiencies a little tricker to find or are the obvious in nature?

  • Are companies’ aware deficiencies being potentially apparent or do they choose to ignore these faults?

  • Do companies consider strategy as a key business development process? If not, how do these companies plan to build, diversify and expand?

  • If we lived in a world where competition was not relevant between companies, would strategies be limited in ideas and value minimalized for customers?


Feel free to read my draft for step 2 and provide me with any feedback or comments you have :)


Hope you all have a fabulous weekend!


Bri - The Rookie Accountant



 
 
 

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