December 5, 2006

Accounting and Philosophy

It gets interesting when you try to put principles of accounting and corporate governance on a human's life.

For every debit there is a credit, every asset has an amount of liability as its shadow. Profits are credit and losses are debit. The financial statements always balance.

All you have in your life comes from something you have given for it or from something you'll have to pay for one day, or was invested into you by the shareholder God. To get something you have to loose something. Debit equals credit, and that is like the Harmony of the Universe. At the end of the day, not your assets do matter, but the profit or loss you bring to the Shareholder.

If you see God as your ultimate shareholder, the stewardship concept and the priority of shareholder wealth maximisation suddenly gets a deep Christian meaning! :) You haven't actually done anything to be born into this life, to get the opportunities you got. It's just that the General Meeting of your plc takes place only twice: at your birth and after your death.

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