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Back a step
| Scabernac
Posts: 2,545 Status: Lord Karma: +377 [+1] [-1]   |
Subject: I try lol | |||||
| It is because I am a business major, and I used to tutor first year accounting and second year managerial accounting (for those who don't know other then soulstealer, this is more manufacturing and budget based). I did take financing as well, but didn't realize you meant in financing terms instead of just accounting terms in general, my bad lol. Oh, and my dad used to be a CGA before he got bored of suit-and-tie work. We still do not define capital the same way however (rather then 'capital structure' we call the debt-equity ratio and such 'financing structure')... Going to go with the usual slight differences in GAAP between countries though While I do not plan to go into accounting myself (my work is more HR and policy based), I have always felt that anyone in any kind of a decision making role within an organization should at least have a basic understanding of accounting. That way you have a better chance of finding out if someone is screwing you, and you know, you can tell if you can afford the stuff you want to do... Likely comes from my ethics focus (my second major is philosophy with an emphasis in ethics) where many people look only at what the ethical answer is rather then the most ethical we can afford answer... or take the 'Nike Sweat-shop Stance' where they could afford to do more, but deny that they can anyway. Either way the easiest way to get a business to do something is to talk in the language of business, dollars and cents (or whatever currency is applicable). |
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