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29 October 2008

Stray thoughts on administration

Some striking thoughts from the recently concluded animation programme for Administrators and Rectors on Accounting and related matters:

Accounting is not for everyone... therefore the need to qualify people in that line.
After the government of India, religious societies are the ones that waste resources most.
Our bills and vouchers speak more about our spirituality than the number of hours we spend in the Chapel.
The way we make use of our property reflects our vow of poverty.
A list of things we have not used in the past one year shows all that we can live without!
What was the objective achieved by the money we spent?
The bottom line of all our financial problems: lack of budgeting and planning.

The whole notion of depreciation was the one that really caught my attention. Sounded very logical and true... but practically wondered how to do it!

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