Holy Moly… I’m sorry if you are reading this prior to finishing your restating task but this entire task had me frustrated and close to tears on several occasions! There were no “oh I get it moments” and there were no excited or exhilarated moments. It was all frustration! I did describe my processing of this task in a previous blog https://sarahzillmann.wordpress.com/2017/04/17/false-hope-restating-nightmare/ however as the instructions specifically says “post on your blog your comments and responses to restating your firm’s financial statements” I thought I better provide a BRIEF (haha have you read my previous work LOL) summary of what I can only describe as a nightmare.
This is the first time I think I have said throughout this entire unit that I don’t think I learnt anything from this process. I do not feel enlightened or excited, I don’t think I will ever use this process in my working career ever (I know you should never say never) and in all honesty I felt like a lone ranger through this process. While I used the Facebook page several times (probably to the point of being annoying) for feedback and information which was fantastic, all I really needed was to sit down and have a chat with a lecturer about my struggles. I felt envious of those who could attend the lectures in person because I felt they would get more clarity by asking face to face questions and be working through it with the lecturer. Don’t get me wrong Martin and Maria’s recordings where fantastic but for me personally it just pissed me off even more because I could never get a straight answer from any of the tutors or lecturers through email and FB.
It took me ages to get started because I did not understand ANYTHING in the financial statements. It may as well have been written in another language and I had to read what felt like the entire annual report (over 160 pages) to even get a start and while I know the lecturers were working their magic in making me explore and work hard by doing this my god it pissed me off. I was told regularly and on more than one occasion that this was a simple task and basically just copying and pasting. I couldn’t help but have a massive vent (crying session) to my husband about the fact that I have absolutely no knowledge of this accounting world so being told it was a simple basic task really upset me and then made me angry. What did I learn about my about my firm through this process? I have NO idea! The thought of providing feedback to others on a subject that I don’t understand makes me sick to my stomach. The last thing I want to do is confuse others with my confusion. One thing I do see as silver lining is the friendships/support group that I have found myself by using the online communications element of this unit. For those reading this, you know who you are and I will never stop thanking you for the support and assistance you provided me throughout this ordeal.
I blame this step for my struggles with Step 2, I was so overwhelmed I could not focus on it and lost my confidence in writing. This entire step made me lose sleep, overdose on chocolate and get so frustrated that I wanted to hand in a blank spreadsheet. While I know and understand that I took the challenge on myself in regards to studying via distance I can’t help but express that I did not feel very supported by the lecturers/tutors during this particular step which I feel is a massive downfall for a distant student. Maybe I wasn’t asking direct questions? Maybe I didn’t try hard enough? Maybe I’m just not cut out for this accounting thing, I don’t know, all I really know is that I am extremely relieved to know that this step is almost done and out of my life.