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Discuss the advantages of understanding accounting as it relates to your current or future position. Consider...

Discuss the advantages of understanding accounting as it relates to your current or future position. Consider careers in management, sales, business operations, finance, and business ownership.

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Understanding accounting in my current position as an application developer is important because it helps to evaluate my business financially and apply skills earned in the course to maximise output while minimising inputs. It also helps me to utilise the resources in best manner. Through it i am able to plan with certainity, make right decisions and even take control measures to keep moving. In future i plan to own several development companies and accounting knowledge that will help in managing and controlling resources as well as maintaining high quality book keeping culture in the company. I will also be able to undrestand legal matters related to accounting.

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