ACC 201 Week 8 Assignment | southern-new-hampshire-university
- southern-new-hampshire-university / ACC 201
- 03 Mar 2022
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ACC 201 Week 8 Assignment | southern-new-hampshire-university
While understanding the
basics of financial accounting is certainly important for accountants, it is
also an important skill to have in all types of professional fields. In this
discussion, you will make connections between your chosen field and what you have
learned about financial accounting in this course.
Address the following in
your initial post:
·
Describe
your current or aspiring professional identity, including your career and the
field in which you work or hope to work.
·
Think
about the types of financial transactions your chosen field is likely to
generate and how they will need to be reported and accounted for by the
business. Describe at least three examples of such transactions and how they
affect the financial statements and the business in general.
·
Reflect
on and comment about the importance of financial accounting in your field.
In response to at least
two of your peers, discuss any similarities with the field you have chosen or
the transactions that need accounting. Explain whether you agree with their
assessment of the importance of accounting in their field and why.
To complete this assignment, review the
s