Wednesday, April 26, 2006

First Account

The very first Accounting class, and I see myself getting enlightened bit by bit with every word Prof Mubeen speaks about companies, financial statements, shareholders, creditors, bankruptcy. Words trickle down into the mind and spark a thousand others that were heard earlier but stowed away for the lack of overall understanding.

Experience gave me a lot of ideas and lots of jargon terms like paid up capital, limited liability, etc. The class attempts to bring them together and build them into a lucid whole.

GTB, Enron, Ron/ofI... insights, explanations and concepts rushing through to me. Imbibe, imbibe, imbibe!

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