Abdullahi Dikko Inde:
People usually make fun of accountants. The reason behind is that is there anything more boring than auditing the numbers and books. However, it is significant enough that across the country it is one of the first courses taught to the students. They are educated about the ins and outs of the bookkeeping, making as well as reading the financial statement.
What does accounting do? It provides a clear picture of the business to the investor on the day when the financial statements like a balance sheet, statements of cash flows, and income statements are made. Nothing more or less, there are exact figures. In other words, it would not be wrong to name accounting a technical analysis. It is destined to look backward and not forward. It may facilitate you in establishing certain successes in the future. For instance, the sales went up once or twice in a couple of quarters, so is this trajectory going to be sustainable or not.
Why accounting matters? It does matter a lot. It cannot be denied that every journey begins with a roadmap. When you plan the growth of your company, it is significant to set the goals. So what does your profit may look like down the road in one year? What about in five years? All this is shown with the help of financial statements.
These statements enable you to assess business development in a quick manner. Without these figures mentioned in the financial statements, it can be tempting to fall back on things like sales growth which does not actually provide you with a clear picture of the things.
Moreover, has your cost of goods sold on the higher end? Margins are thinner or not? Your growth goals are reasonable or not? It is impossible to conclude an objective answer without the financial statements.
Accounting facilitates in securing a loan: Updated financial statements are what demonstrate the fact where the company stands. In fact, these are essential when you want to secure a loan for your business. It is usually three years financial statements that facilitate in securing the loan.
Accounting facilitates in getting you paid: When a customer owes you money, it is shown in the Accounts Receivable on the balance sheet. This is done either by the accountants or the accounting software which is again run by an accountant.
By referring down to the balance sheet, you can easily track down how much money is to be paid to you. You see yourself in place processes; better follow up with the clients, payment deadlines are made to ensure that you get your hands on the money that you have earned over the years when you will be in need of it.
What does an accountant do? A skilled accountant will save you time by communicating the financial state of the company which would be jargon-free and at the same time anticipating the financial needs.
These are the professional that will educate with the insights and the knowledge that is not accessible to non-accounting people. Things such as tax deductions, tax rules you didn’t know earlier, and the best practices picked up while you are working for the other companies in the same industry.
This clearly depicts the significance of an accountant in a business and this is why we read so much about Abdullahi Dikko Inde. He has served his country as an accountant at the national level.
He was born back on May 11, 1960, in Musawa which is a Local Government Area of Katsina. He attended the University of Dimitrov Apostle Tshenov, Suishtov, Bulgaria and graduated as Bachelor’s degree in Economics. He has also earned a master’s degree in Finance with specialization in Finance from the same institute.
Moreover, he sat and passed the exam of Association of National Accountants of Nigeria and became a fully certified accountant as well as a member of the certified national accountant and national institute of management.
Abdullahi Dikko Inde has been listed in the customs in 1988. He is married and has four kids. His wife is a librarian named Sadiya. Their kid’s names are Hadiza, Ahmad, Aisha, and Abdullahi.
The administration of Nigeria has turned up to be an excellent model of one man directing the men as well as materials unleashing the growth and development at an international level. This has all been made possible under the leadership of Abdullahi Dikko Inde. People who have worked under this great man have experienced a lot of development and advancements since its inception in 1891.
The man is a true picture of the commitment and depicts how things are shaping up when you are on the right track. It is the hard work that earns respect, name, fame, and money for the people and nothing else. Nigeria is known for its corruption track around the world. However, in fact, Abdullahi Dikko Inde showed that it is the individual strength that would end up in success or failure in the end. It does not matter if you are working in a strong and developed environment or weak governance, your moral values, and determination matters a lot.
Looking at his unlimited efforts and services for the country on national as well as international level, Abdullahi Dikko Inde has earned several awards. All these are meant to show gratitude towards his dedication and hard work to make the country develop economically.
Fight against corruption: It is worth stating here that Abdullahi Dikko Inde fought corruption with valor and hence added to the economic boost. He initiated several anti-corruption programs, where he educated the common masses and to be particular his team members that why they have to work against corruption to be financially successful. These programs were specifically designed to prevent the smuggling activities at the borders and improve the integrity and quality of the services. Also, he encouraged his team members to enhance their educational skills to play their part in the economic development of the country for the upcoming generations.
No doubt, people like Abdullahi Dikko Inde are the ones to communicate in the world that a man can do anything and change the course of countries with hard work and dedication.