While accounting terminology is generally the same regardless of your job in this field, accounting careers can vary widely depending on the audience you are communicating to and for what purpose. Chevron Right What kinds of careers can I pursue with a background in accounting?.It requires a blend of analytical skills as well as interpersonal “soft skills,” as accountants must be able to interpret financial information, prepare financial statements and reports that capture this information accurately, and then convey the most important findings clearly. Thus, accounting requires much more than being good with numbers or spreadsheets. Rigorous financial accounting is particularly important for high-level executives, who rely on this information to guide effective decision making.
This discipline is important for anyone trying to understand the performance of an organization, whether managers or employees within a business or external parties such as investors or the government. While this language includes familiar terms like revenues and costs, assets and liabilities, and profits and losses, accountants use them in specific ways to express key details about the financial health of a company.
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Properties, BlockChain, Mathematics, Natural Language Processing, Machine Learning, Measurement, Mergers & Acquisitions, Regulations and Compliance, Project Management, General Accounting, Banking, Flow Network, Contract Management, Tableau Software, Software Testing, Supply Chain Systems, Investment Management, Analysis, Taxes, Entrepreneurship, Inventory Management, Analytics, Strategy and OperationsĪccounting is the “language of business,” a system for collecting, classifying, measuring, and communicating financial information.
Skills you'll gain: Financial Analysis, Budget Management, Accounts Payable and Receivable, Financial Management, Stock, Financial Accounting, Bayesian Statistics, Audit, Data Management, R Programming, Regression, Computer Programming, Chaining, Project, Research and Design, Risk Management, Decision Making, Culture, Ethics, Algorithms, Generally Accepted Accounting Principles (GAAP), Operations Management, Marketing Management, Data Visualization, Statistical Programming, General Statistics, Innovation, Language, Corporate Accouting, Law, Brand Management, Game Theory, Creativity, Market Research, Probability & Statistics, Sustainability, Business Analysis, Communication, Business Psychology, Accounting, Human Resources, Global, Data Analysis, Entrepreneurial Finance, Econometrics, Management Accounting, Theoretical Computer Science, Digital Marketing, Risk, Performance Management, Python Programming, Finance, Leadership and Management, Business Process Management, Forecasting, Marketing, Network Analysis. University of Illinois Master of Business Administration (iMBA)
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