We've updated the Topics page of our website to better organize and share our expert content. Read more about it here.
Does Accounting Ever Get Interesting?
This discussion has been closed.
Recent Activity
-
14 1
-
67 6
-
348 5
-
240 9
-
136 6
-
112 0
-
144 5
-
236 3
-
176 0
-
155 1
Replies to: Does Accounting Ever Get Interesting?
Are you refuting that accounting majors have one of the best knowledge sets to become proficient managers of companies? Who else would have better? Though my statement came off a bit too idealized, it still is true. And I made my statement in the general context of business and not attempting to make a blanket statement that applies to all corporations and companies.
"Yapping all day"
Dawgie:
# Total Posts: 1,424
# Posts Per Day: 0.81
Statistics say .81 posts per day. There goes yapping all day. I win! Go back to failing at life. Sucks when you don't excel at anything!
..and maybe the occasional backed-into-a-corner rant?
if your going to say my statements are ridiculous, I'd appreciate if if you actually quote what I said, in context, instead of quoting someone's incorrect summation of my point. Thanks.
>"a accountant"
>an accountant
Pitiful. Also my "dads" or "sisters" firm? Haven't you accomplished anything for yourself?
- Likewise.
Yup. I don't respect nepotism and enjoy innovating and problem solving. Witnessing their boring miserable lives was reason enough to not go the accounting path. Best of luck.
Those aren't accomplishments; rather, they are opinions and feelings. There's a significant difference.
Also, the point that tedtron was making was that you obviously have poor English skills. Your comments that follow appear to have no relevance.
What pettiness?
In accordance with your statement(s), you appear to be trying to imply that engineering is superior to a business degree. Exactly in what way(s) is it superior, if my inference is correct?
The way I measure the value of a degree is partially utilitarian and partially its intrinsic value over time. Allow me to illustrate what my intentions are concerning utility. Lets say the government and colleges claim that America needs more nurses for example. Lets say that they estimate their will be 100,000 job openings over the next 6 years with starting salaries of $45,000. Many will use that information and attend college with expectations that after 2 or 4 years of college that still holds. What if the government allows the importing of tens of thousands of nurses from the phillipines that are fine with being hired at $30,000 a year since their education costs are much lower. So if 100,000 students graduate with a nursing degree they now have to compete with the tens of thousands imported labor thus reducing the utility value of the degree forcing wages downward. This is simplified of course and only an example.
My intentions on intrinsic value is based upon the value of the degree now compared to the value say in 10 years. One of the problems with a general business degree is the value diminishes over time. Many colleges have resorted to teaching what is popular at that moment and tend to be very short sighted. There are numerous instances that business (and economics) majors were being taught theories and models in relation to the current political and economic climate of the day. When there is a change of the guard there typically is enough change that lowers the intrinsic value of the persons education over time. A business curriculum in the 80's is going to be much different then one in the 90's or 2000's etc. The business community and education realize that proping up and marketing the next big thing creates a bandwagon effect that floods the market with new recruits and oftentimes has the effect of diminished wages.
If you are speaking about ideological differences than I concur. I believe that this country is great because of down to earth creative people who used ingenuity to invent and innovate. Those that did contributed to humanity and the improvements of our everyday lives. I think they are the true unsung heros of US history that I feel is taken for granted today. The businessman had their role which was often a mixed bag and yet is hardly scrutinized these days.
Do I look down on accountants as being inferior...no. That doesn't mean I am under obligation to respect them either. To me they are only step down from a lawyer in being in a public parasite position and one step up in squareness from an architect. I have more respect for the struggling street artist who actually produced something over a Can't Produce Anything.
I don't think many people do accounting because they love booking entries. It is all about learning business from the ground up. The ground is the journal entries that create the financial statements. Understanding how these journal entries come to exist from certain business activities happens to be the field of accounting.
As if the world is functioning properly or has been!!!!!!! Where were all the accountants and the brainy business expertise then? So how much money does it take to bribe someone to move numbers around anyways these days?
Original Post:
"Going along with taxguy, studying accounting gives one a solid understanding of business and corporations. It is truly "the language of business." Thus, accountants can eventually take on most any upper-level corporate position given that the person excels and is passionate at what he or she does. "
Your response: "^keep dreaming"
My response: What are you trying to imply? That it is wrong about that accountants can take higher level positions at a corp? There is a lot of truth in what he is saying.
Your post:
Yup. I don't respect nepotism and enjoy innovating and problem solving. Witnessing their boring miserable lives was reason enough to not go the accounting path. Best of luck. "
My response: Once again, implying that accounting is inferior to engineering. Just because you studied engineering doesn't mean you are good. There are plenty of mediocre engineers that don't accomplish ****. It is highly likely that you are one of them. I know for sure my job and career success dominates your success in the engineering field, but that's a whole different story. It's not fair to compare me to you. Back to the topic, you are pretty ignorant if you think accounting doesn't involve any problem solving. Also you like innovation? What have you invented?
Your post:
"My apologies, I'm not into pettiness. Next to that, I've already completed my UG. Along the way, I met plenty of engineer wannabes who couldn't hack it so decided to go into business. Good luck with that. "
My response: Once again implying that business majors/accounting majors are inferior because it's inherently easier than the engineering major. Yes 3.5 GPA in engineering > 3.7 GPA in accounting. However, 3.7+ accounting is tougher than your 3.0 GPA in engineering buddy.
My response to your entire essay: You are very ignorant about the business major. Why do you even attempt to talk about what you don't know about? So you think basic accounting is going to change in 10 years? You think the calculation for covariance, duration, or NPV is going to change in 10 years? You think the four P's of marketing are going to change in 10 years?
Your post:
"I believe that this country is great because of down to earth creative people who used ingenuity to invent and innovate. Those that did contributed to humanity and the improvements of our everyday lives."
My response:
Yes I agree with this, but engineering isn't the only way to invent and innovate or even contribute to everyday lives. The question is, what the hell have you done? You just studied engineering and all of a sudden you are an innovator? You might want to re assess your usefulness to society and also how your accomplishments coincide with your values or beliefs before talking down on other fields.
Your post:
"I have more respect for the struggling street artist who actually produced something over a Can't Produce Anything. "
My response:
Are you mistaken here? Anyone in any field can produce something at any given time. Artist = Art, Finance = Models, Cook = Food, Accounting = Financial Statements/reports/analysis.
Either way, I own you and I don't even like accounting.