Question

Explain how accounting and financial analysis course will aid in an accounting/ finance career.

Answer 1

Accounting and Financial analysis course will helps in the development of analytical and fact finding approach. Courses of finance and accounting will also helps in development of forecasting skill for the projection of future outcomes.Understanding of Various concepts of corporate finance like capital budgeting, working capital, valuation of financial securities,capital structure will help to develop the planning skills like preparation of budget, forecasting of price of financial securities like intrinsic value of shares and bonds for finding out investment decisions. Controlling skills can be attained by various controlling techniques like variance analysis and budgets. Study of accounting will also helps in finding the validity of financial statement like whether the financial statements are prepared, following the accounting standards and practices.

Accounting and financial analysis would helps in development of leadership, analytical, planning, controlling and forecasting skills