How Do You Ensure You Make No Mistakes in Work?
While it is impossible to never make a mistake, you should convince the interviewers that you do your best to minimize the number of mistakes.
There are several ways of doing that:
- Double-checking every transaction and triple-checking the most important records.
- Using both “pen and paper” and accounting software, comparing the results of your calculations.
- Consulting someone experienced anytime you are not sure.
- Checking IAS and IFSR when other solutions fail.
- Letting your sub-ordinate, or colleague, to do the same things you do (speaking about the most important tasks), and comparing their results with yours.
Everyone makes mistakes. However, I try my best to avoid them, especially when I prepare balance sheet or profit and loss account. I focus only on the job, and I double check everything with my calculator, in order to be sure I did not make a stupid mistake. At the end of the day, total assets and liabilities must be equal, what is a great and simple final check for every accountant.
I do not make many mistakes. If I am not 100% sure about a record, I always consult one of my colleagues or friends (experienced accountants). I have good knowledge of IAS and I work with them often to ensure the accuracy of my records.
I don’t pretend to be impeccable. I make mistakes. However, I do not do them in financial reporting, becasue I understand the consequences a simple mistake would have. Therefore I double check everything and submit the report to the managers only when I am 100 percent sure about them.