Why accounting is a valuable personal and professional development skill



a person sitting at a table using a laptop: Learning the basics of accounting will add value to your professional career as well as your personal life.


© Provided by Financial Post
Learning the basics of accounting will add value to your professional career as well as your personal life.

This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.

One of the most overlooked versatile skills in the business world is accounting. Accounting is oftentimes misunderstood from those looking in. The field of work can be classified as a financial record-keeping for a business.

Businesses rely on in-house or outsourced accountants to generate reports to focus on three areas: business accounting, cost accounting, and managerial accounting. These three types of accounting help a business to run efficiently and profitably.

According to the Government of Canada’s Job Bank , the labour market for accountants over the next ten years is expected to remain steady. For accountants who are certified as a Chartered Professional Accountant (CPA), the

Read More

Accounting is a valuable personal and professional development skill

Article content continued

The 2020 Accounting Mastery Bootcamp Bundle helps those looking to start a career in accounting or wanting to learn the basics to develop those skills. Packed with 339 lessons, users start off with an introduction on how to manage business accounts, payroll, and asset management. From there, the “Intermediate Accounting & Bookkeeping” course covers everything you need to know about cost accounting including managing inventory, making adjustments, highlighting taxes, and more.

Furthermore, the accounting bootcamp covers understanding finance as a non-finance professional. Not only will this add value to your professional career but also to your personal life. The “Finance for Non-Financial Professionals” course covers practicals on how to read budgets, forecasts, and financial statements. Similarly, the “Business Math 101” course highlights ways to grow a business by looking at the behavior of investments.

Whether you are looking to learn the principles of accounting to add to

Read More