October 24th, 2020

What about the value of company time?


By Lethbridge Herald on February 2, 2017.

I am currently taking a financial accounting course as one of the core courses required to earn my Bachelor of Management degree at the University of Lethbridge.
During our last accounting class, our professor lectured on the subject area of the fraud triangle: motive, opportunity and rationalization. This area of accounting led me to think about company time. I once worked in a law firm where I kept record of my hours worked which allowed some of my paid work hours to become billable time to client files. This meant that the work I produced had quantifiable value to both my employer and the firm’s clients.
When the work that one produces is indeed quantifiable and provides a measurable outcome to the stated goals of our employers, then more of our working hours may result in a desired outcome. Even if it is not intentional, there is a lot to be said for being mindful of time as a resource for which we should all be motivated to be accountable in every opportunity, and in all the ways it is rationalized.
Rose-Marie Nyberg
Lethbridge

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