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What is accounting and how can we manage money ?

I have a degree in accounting

business accounting bussiness
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Samantha’s Answer

Accounting opens the door to many exciting careers. With a solid understanding of accounting, you can explore paths in consulting, auditing, tax, finance, and even start your own business. It provides a strong foundation for numerous opportunities.
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Gus’s Answer

Accounting is the function of recording and reporting financial information for individuals and organizations, helping key stakeholders make informed decisions. Some careers in accounting:
Auditing: Review / audit prepared financial information to ensure that financials are accurate, complete, and reflect the appropriate accounting standards.
Tax: Assist in the preparation of tax filings and returns for individuals and corporations.
Management accountant: Analyze and prepare financial data to assist business leaders in planning and decision-making.
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Rafael’s Answer

Hi Genesis,

With your degree in accounting, you already have a solid foundation in some accounting principles. Additionally, having friends or former classmates who work in accounting can give you firsthand insight into how these concepts apply in real-world scenarios. As you might know, accounting involves recording, analyzing, and interpreting financial transactions, providing crucial insights for decision-making. It mainly includes tasks like bookkeeping, preparing financial statements, auditing, and tax filing. A goal is to have effective money management involving budgeting, tracking expenses, saving, investing, and tax planning, helping achieve financial stability. Hope this helps!
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