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An accounting degree will also give you
天波轮 发表于 2012/8/9 16:58:00 |
Choosing a career in finance puts you on track for a variety of management positions. There are several ways an accounting degree can help to advance your financial career.
Accounting is the basis to all financial decisions. Debits and credits are at the heart of every financial transaction. The more you understand about them and the accounts that make up financial statements like the P&L, Balance Sheet, and Statement of Cash Flows, the better you'll be able to use the information contained in them for decision-making.
An accounting degree not only gives you a thorough background in these fundamentals, it also ensures you know how to balance out and reconcile accounts. This experience makes it easier for you to spot a discrepancy in the reports you receive. It also gives you a head start on knowing where to start when the numbers you're working with don't seem quite right.
In the course of earning your accounting degree, you will develop a "feel" for the numbers. You'll have a solid intuitive grasp of how a change in one area will impact the numbers in another. You'll also appreciate the importance of cash flow management and understand the benefits that can be gained by aligning your cash on hand with cash needed for short term projects.
An accounting degree will also give you the terminology you need to communicate effectively with the accounts who will be preparing the financial statements you use to make decisions. Rather than talk around an issue or take time trying to express what you need, you can tell them what you're looking for and what is missing in terms that mean the same thing to all of you.
An accounting degree, whether earned at a traditional college or pursued at one of the accounting degrees online, will advance your financial career in the ways stated. It will also give you confidence to know that you are familiar with the ins and outs of the transactions making up your financial reports. |
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