Accountancy-misunderstood

Accounting is often perceived to be a boring and routine subject and profession concerned with mainly record keeping and simple balancing of ledgers, etc. To an extent, it is, but it has its exciting moments. For example, it's quite satisfying to observe the balance sheet you form after hours of recording, classifying, and assigning different items to their respective places. It's a picture of the firm/company and its constituents and what it owns as well as owes. It's a summary of the financial position of the enterprise. Furthermore, it is on the basis of financial statements(prepared at the end of the year) like the statement of profit or loss that enterprises can analyse changes and draw comparisons. A balance sheet by itself is quite useless and requires results of different years to become meaningful. Tools like ratio analysis and cash flow statements establish reasons for changes and scope for improving any shortcomings.
If you think about it, despite the CEOs coming up with big financial plans and financial ministers of countries formulating policies, it is the accountants, the ones who maintain the books with all the transactions who know the exact entries of the business/economy and know the reasons for any extraordinary events. For example, in the recent demonetisation policy adopted by the Indian government, it was declared that anyone depositing money above a certain amount had to furnish proof of its source. Indians, with their 'jugaad', found a way around it as a lot of the chartered accountants saved their clients by drawing up fake balance sheets with legitimate looking entries. Having studied tax laws, they know how to evade them as well.
This is my brief view on accountancy and the usefulness and satisfaction it gives to users of accounting information. Calculating and arriving at a net profit is quite exciting for anyone!