Does Accounting Ever Get Interesting?

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<p>I have to agree with Dawgie.</p>

<p>Whatdidyou statements about accounting and finance is ridiculous.</p>

<p>Angryengineer,</p>

<p>Are you refuting that accounting majors have one of the best knowledge sets to become proficient managers of companies? Who else would have better? Though my statement came off a bit too idealized, it still is true. And I made my statement in the general context of business and not attempting to make a blanket statement that applies to all corporations and companies.</p>

<p>Don’t worry about angryengineer. He is clearly a ■■■■■ and he fails at life. Just read his post history. Me >> angryengineer.</p>

<p>How cute, little dawgie still yapping all day on CC about how everyone fails at life. Still using works computer to convince how superior you are to freshman?</p>

<p>Don’t need to convince. It is way too evident that me > you. </p>

<p>“Yapping all day”
Dawgie:</p>

<h1>Total Posts: 1,424</h1>

<h1>Posts Per Day: 0.81</h1>

<p>Statistics say .81 posts per day. There goes yapping all day. I win! Go back to failing at life. Sucks when you don’t excel at anything!</p>

<p>I suppose when one sucks at logic there isn’t much left besides delusions of grandeur, puffery, and in your case becoming a accountant. Too bad you will never work at or be a partner at my dads or sisters firm in Mass since you don’t possess the people skills for success.</p>

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<p>…and maybe the occasional backed-into-a-corner rant?</p>

<p>Comedy… People skills coming from an engineer? Ho ho ho, try leading a team in audit or deal with all the client interaction I experience on a daily basis my geeky engineer. Win.</p>

<p>iTransfer,</p>

<p>if your going to say my statements are ridiculous, I’d appreciate if if you actually quote what I said, in context, instead of quoting someone’s incorrect summation of my point. Thanks.</p>

<p>Dramedy at its finest.</p>

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<p>Pitiful. Also my “dads” or “sisters” firm? Haven’t you accomplished anything for yourself?</p>

<p>LOL. I love this forum.</p>

<p>“LOL. I love this forum.”</p>

<ul>
<li>Likewise.</li>
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<p>" Haven’t you accomplished anything for yourself? "</p>

<p>Yup. I don’t respect nepotism and enjoy innovating and problem solving. Witnessing their boring miserable lives was reason enough to not go the accounting path. Best of luck.</p>

<p>@angryengineer</p>

<p>Those aren’t accomplishments; rather, they are opinions and feelings. There’s a significant difference.</p>

<p>Also, the point that tedtron was making was that you obviously have poor English skills. Your comments that follow appear to have no relevance.</p>

<p>My apologies, I’m not into pettiness. Next to that, I’ve already completed my UG. Along the way, I met plenty of engineer wannabes who couldn’t hack it so decided to go into business. Good luck with that.</p>

<p>@angryengineer</p>

<p>What pettiness?</p>

<p>In accordance with your statement(s), you appear to be trying to imply that engineering is superior to a business degree. Exactly in what way(s) is it superior, if my inference is correct?</p>

<p>I don’t measure degrees as being superior or inferior to each other. For example, I don’t put engineers on a pedastal and look down upon those that decide to become an artist or Anthropologist or decides to study philosophy or the humanities. I do have a problem with X studies degrees but digress on that subject. </p>

<p>The way I measure the value of a degree is partially utilitarian and partially its intrinsic value over time. Allow me to illustrate what my intentions are concerning utility. Lets say the government and colleges claim that America needs more nurses for example. Lets say that they estimate their will be 100,000 job openings over the next 6 years with starting salaries of $45,000. Many will use that information and attend college with expectations that after 2 or 4 years of college that still holds. What if the government allows the importing of tens of thousands of nurses from the phillipines that are fine with being hired at $30,000 a year since their education costs are much lower. So if 100,000 students graduate with a nursing degree they now have to compete with the tens of thousands imported labor thus reducing the utility value of the degree forcing wages downward. This is simplified of course and only an example.</p>

<p>My intentions on intrinsic value is based upon the value of the degree now compared to the value say in 10 years. One of the problems with a general business degree is the value diminishes over time. Many colleges have resorted to teaching what is popular at that moment and tend to be very short sighted. There are numerous instances that business (and economics) majors were being taught theories and models in relation to the current political and economic climate of the day. When there is a change of the guard there typically is enough change that lowers the intrinsic value of the persons education over time. A business curriculum in the 80’s is going to be much different then one in the 90’s or 2000’s etc. The business community and education realize that proping up and marketing the next big thing creates a bandwagon effect that floods the market with new recruits and oftentimes has the effect of diminished wages. </p>

<p>If you are speaking about ideological differences than I concur. I believe that this country is great because of down to earth creative people who used ingenuity to invent and innovate. Those that did contributed to humanity and the improvements of our everyday lives. I think they are the true unsung heros of US history that I feel is taken for granted today. The businessman had their role which was often a mixed bag and yet is hardly scrutinized these days.</p>

<p>Do I look down on accountants as being inferior…no. That doesn’t mean I am under obligation to respect them either. To me they are only step down from a lawyer in being in a public parasite position and one step up in squareness from an architect. I have more respect for the struggling street artist who actually produced something over a Can’t Produce Anything.</p>

<p>I hope you realize that without accountants, the entire world has difficulty functioning. </p>

<p>I don’t think many people do accounting because they love booking entries. It is all about learning business from the ground up. The ground is the journal entries that create the financial statements. Understanding how these journal entries come to exist from certain business activities happens to be the field of accounting.</p>

<p>I understand when running a business an accountant and lawyer is often a necessary evil. They can be your closest ally or potential enemy depending on their ethics or lack thereof. The notion that they are needed is based upon tradition and the status quo. The same argument is often spouted by politicians and those in insurance who deserve less respect than accountants and lawyers.</p>

<p>As if the world is functioning properly or has been!!! Where were all the accountants and the brainy business expertise then? So how much money does it take to bribe someone to move numbers around anyways these days?</p>