Accounting is not for everyone. Why do you think there are so many lame jokes about how boring accountants are? It’s because the true excitement in our industry lies deep inside a vast network of numbers and arithmetic, which is only really apparent to the people who venture into that mesmerising abyss.
There’s this meme going around that states that if 2020 were a sound it would be the laugh of Janice from Friends. You’ve probably also seen the one that says if 2020 were a math problem it would be something along the lines of ‘if you’re going down a river at 2 km/h and your canoe loses a wheel, how much pancake mix would you need to re-shingle your roof’?
Owning your own business is a lot like having a hot CrossFit bod – it’s totally awesome, but it also takes a lot of hard work and if you let the reins slide even a little bit you stand to lose all the proverbial gluteus maximus gains you’ve acquired. Okay, so the metaphor doesn’t totally work, but you get what we mean.
It’s safe to say none of us expected 2020 to rip the rug from under us quite as dramatically as it’s done so far. The impact of the COVID-19 pandemic and the resultant lockdown protocols put in place by world governments has had an immense impact on the global economy.
This year has not been kind to South African SMEs. Small to medium enterprises took a big knock due to the economic impact of the lockdown measures that were put in place to curb the spread of the COVID-19 pandemic.
If you happen to think that accounting is an absolute snooze fest, you are certainly not alone – there are plenty of accounting memes out there that infer as much. However, at Experity, we happen to disagree.