ACCT 6350 Acct Strategies for Achieving Profit Goals
Question:
Please describe the single most important learning you took from each class you've had so far:
- ABC accounting
- Hot to use the cash statement to evaluate the performance and health of a company
- Interesting info. on history of Enron and how the ethics of accounting really effect an organization and even an entire economy
- Analysis of cash flow statements in determining the strength of a company
- Different forms of cost accounting.
Evaluation of financial reports.
Importance of accounting to managers
- This class involved a lot of case analysis, which helped me to be more adaptive to different situations (as far as solving problems at work)
- The importance of setting a price on product focused on actual costs of the different products not on fueling
- Using lean techniques in accounting
- Looking beyond or behind just numbers
- The existence of a movement towards lean accounting - I thought I was the only one!
- The importance of "running the numbers" when making any decision. That is the most effective way to determine to drop or add a product or store or the profitability of a company
- I learned how important it is for an organization to manage their cash properly
- International law - accounting rules
- International law
- The importance of accounting in business
- FASB guidelines and differences in worldwide accounting
- Solve complex problems - learn more accounting concepts.
Tools and techniques of business - used at my job
- Sarbanes Oxley - implications and real world application
- Learned about ideas on how to transfer "lean thin king" to accounting functions