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re: Is Accounting the most useful all around class anyone can take in college?
Posted on 4/15/20 at 3:54 pm to GreatLakesTiger24
Posted on 4/15/20 at 3:54 pm to GreatLakesTiger24
quote:
Public speaking, English and several other liberal arts classes are far more useful than accounting. I’m starting to think most people answering with accounting never took an accounting class in college
I graduated from A&M with an accounting degree. In my estimation it can really help if you understand some level of accounting and P&L statements but honestly you do not need a formal education in accounting to understand this.
Yes I agree with you, writing skills, speaking skills, etc... are far more important than accounting prowess much less a degree in it. Unless of course you are trying to be an accountant or have a career in auditing or forensic auditing.
1
Posted on 4/15/20 at 4:00 pm to OleWarSkuleAlum
My Accounting degree and still being employed says yes.
Posted on 4/15/20 at 4:01 pm to Tridentds
quote:100%
statements but honestly you do not need a formal education in accounting to understand this.
99% of people do not need a class to learn how to manage their money. There’s not much to it for the vast majority of people.
Posted on 4/15/20 at 4:09 pm to OleWarSkuleAlum
I'm a CPA, so I think it's fair to say I took plenty of accounting classes in College.
While extremely helpful in the financial world, I'd say it isn't overly helpful to the everyday person. Public speaking, capable writing, and critical reasoning/logical thinking would be the most important IMO.
FWIW, many trade school skills are also much more practical for the average person than understanding GAAP or cost accounting.
While extremely helpful in the financial world, I'd say it isn't overly helpful to the everyday person. Public speaking, capable writing, and critical reasoning/logical thinking would be the most important IMO.
FWIW, many trade school skills are also much more practical for the average person than understanding GAAP or cost accounting.
Posted on 4/15/20 at 4:16 pm to OleWarSkuleAlum
quote:
That’s Econ not accounting. Economics is useless outside of academia. They brain wash students with Keynesian theory and don’t bother exposing the flaws or other theories such as Austrian or MMT.
I think you just took bad Econ classes.
Posted on 4/15/20 at 4:19 pm to GreatLakesTiger24
quote:
Public speaking, English and several other liberal arts classes are far more useful than accounting.
This. Communicating effectively is an invaluable skill in all facets of life.
The best education is a well-rounded one.
Posted on 4/15/20 at 4:30 pm to OleWarSkuleAlum
I majored in accounting and majority of what we learned doesn’t help the average person with personal accounting, financial responsibility, or taxes. It’s basically just classifying assets, liabilities and organizing information for companies and reading income statements.
Posted on 4/15/20 at 4:32 pm to Tshiz
quote:
Not at all
English, philosophy, history, logic, etc are all far more useful in everyday life
Said no one ever
mmmm, logic isn't bad.
Posted on 4/15/20 at 5:13 pm to Thib-a-doe Tiger
quote:
If I didn't know about the Treaty of Potsdam, yes I am pretty sure I would be in exactly the same position I am now
You can't think of a single time a knowledge of history allowed you to recognize fact patterns or make analogies and apply them to your everyday life? It's an important part of critical thinking.
Posted on 4/15/20 at 6:49 pm to GRTiger
quote:
ISDS 3115 or whatever it was that taught project management was incredibly useful and can be used in any real life situation.
True. That OM class still comes in handy at my analyst Job at a Chem plant.
Posted on 4/15/20 at 7:41 pm to GreatLakesTiger24
quote:
I’m starting to think most people answering with accounting never took an accounting class in college
BS in accounting checking in
Posted on 4/15/20 at 8:10 pm to OleWarSkuleAlum
Accounting? NO
Economics -yes. And poli sci.
Economics -yes. And poli sci.
Posted on 4/15/20 at 8:11 pm to OleWarSkuleAlum
The credit I got for playing a sport was better. It learnt me to keep my body healthy this getting me more sexy time with the hottest of women folk. Ultimately life is about reproduction not some dumb organized maths for people to keep up with stuff. My sexiness can't be falsified. I'm too dumb to make it happen any other way than sheer buff muscle.
This post was edited on 4/15/20 at 8:12 pm
Posted on 4/15/20 at 8:13 pm to Pettifogger
Anyone that owns a business should learn some basic accounting principles. The business owner should have the ability to understand a financial statement, many don’t.
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