The Way We Learn...
I did a business finance module during my degree, but I never grasped what the Balance Sheet did. In my corporate career, I worked with excellent finance directors, and I still didn’t get what the Balance Sheet was. Since running my own business, various accountants have tried to explain it to me, and even though I ‘got it’ at the time, it didn’t stick. Then, this morning, I read a two page summary of what a Balance Sheet is, how it ‘balances, and why it’s important, and now I really do get it - and, more importantly, I was able to read and understand my own.
Just because we don’t get something the first time(s), it doesn’t mean we never will - maybe it was the teacher, maybe it was the pupil, or maybe it was just the way we were trying to learn…