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How Saving Mr. Banks Relates to Reconciliations

October 8, 2014

WhySo the movie came out almost a year ago, but I am a big fan of watching movies way after its run at the theatres. Watching movies on the couch is so much better – the blanket, the pause button and the bathroom are all within easy reach.

Saving Mr. Banks is about how P.L. Travers created Mary Poppins and the Banks family. It illustrated the author’s childhood events that may have influenced Mary Poppins’ story and character design.  I’ve seen Marry Poppins probably a dozen times.  But after watching Saving Mr. Banks and then watching Marry Poppins again, which of course I did right away, it was like watching a whole new movie.  Because only then was I able to notice the subtle details and understand why certain things were the way they were.

It’s the same with work.  When we understand WHY we do certain seemingly routine things, we can’t help but make our work more impactful.

For example:  Why do we have to produce balance sheet reconciliations every month?

If I don’t understand the significance behind this, I may be tempted to do a wishy washy job.  At the end of the day, it’s just a pile of signed paperwork anyway, so why does it matter how much effort I put into it?  Why bother chasing down open items? Why bother getting that supporting detail?

But for someone who understands how the reconciliation activity is intimately tied to prevention and detection of financial reporting error and fraud, he will be less tempted to rush through his work, because he knows what this means to the financial health of the organization.  He’ll also be better equipped to identify exceptions and issues that will be material to management, because he has the big picture in mind.

Not to switch gears on you, but let me tell you something about my bedroom.

I make my bed every morning.  My husband is not in the habit of making the bed, and I never ask him to do it.  But if he gets up later than I do, he will always make our bed.  It’s not something he does naturally, but he knows I love it so he doesn’t mind.

This is a man who knows the WHY behind bed-making.

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2 Comments leave one →
  1. jletwat123 permalink
    October 9, 2014 1:33 pm

    Nancy – very nice. Just saw Mr. Banks a few days ago with the mrs.

    Are you back to writing these? You could have a nice following.

    Jay

    ________________________________

  2. jletwat123 permalink
    January 5, 2015 8:55 am

    Hi Nancy, Happy new year!  Hope all is going well. We again are having are moving discussion.  One thing for you – other than housing costs, what is the cost of living difference you feel between LA and Chicago?  Just trying to get a feel for things. Let me know what is up with you and the family. Regards,jay

    From: Back Office Mechanics To: jletwat@yahoo.com Sent: Wednesday, October 8, 2014 5:35 PM Subject: [New post] How Saving Mr. Banks Relates to Reconciliations #yiv6534967022 a:hover {color:red;}#yiv6534967022 a {text-decoration:none;color:#0088cc;}#yiv6534967022 a.yiv6534967022primaryactionlink:link, #yiv6534967022 a.yiv6534967022primaryactionlink:visited {background-color:#2585B2;color:#fff;}#yiv6534967022 a.yiv6534967022primaryactionlink:hover, #yiv6534967022 a.yiv6534967022primaryactionlink:active {background-color:#11729E;color:#fff;}#yiv6534967022 WordPress.com | Nancy Wu posted: “So the movie came out almost a year ago, but I am a big fan of watching movies way after its run at the theatres. Watching movies on the couch is so much better – the blanket, the pause button and the bathroom are all within easy reach.Saving Mr. Bank” | |

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