Accounting

>>1550183
Evaluate a business's performance.
Tax.
Audit.

>>1551563

>Evaluate a business's performance.

my sides if you actually believe this

>>1551585
B-but ddm?

File: S5O1HSf.png (39KB, 914x1091px)

39KB, 914x1091px

Are you better suited to perform a corporate valuation if you have good accounting skills?

What about bankruptcy prediction?

>>1551563
>Tax
I have always seen the accountant's main job as making sure that as little tax gets paid as possible without breaking the law. I dropped out of my accounting program because I thought it was a boring job that I didn't want to do for the rest of my life, but when I was in school the thing that kept me going was knowing that I could work hard to keep the government's filthy hands off the hard earned money of my clients.

>>1551585
We covered a bunch of ratios and shit.

>>1552929
kek if you have ever worked in corp fin you will know that is all bullshit. discount everything by 20%.

>>1552293
You were doing the Lord's work.

>>1550183
I do auditing personally. You learn a shitload of general business stuff digging through all these companys' shit. I could probably run a simple business easily.

Another thing is reading financial statements fluently, which would be good I guess for investing, which I don't do too much research into. But I can tell you a lot of things about a conpany with their conparative BS and IS in front of me.

You could also do freelance work maybe. I have a ton of clients that I do an hours work for and we bill like $500. Kek

>>1551585

Why is that so?

>>1550183
you make sure that the receivables you have are well documented and in a proper manner so the company's lawyer can sue the living fuck out of another person / company once they default on payments

>>1550183

When you get an accounting and CPA you will begin to notice how regular people don't have a clue how anything financial works. Most people don't understand how interest rates work. Most of management couldn't calculate a discounted cash flow to save their life. As an accountant you will be there to make sure people don't do stupid shit that fucks everyone.

>>1553143
How fast could I learn accounting on my own?

>>1553143
>Another thing is reading financial statements fluently, which would be good I guess for investing, which I don't do too much research into. But I can tell you a lot of things about a conpany with their conparative BS and IS in front of me.

Could you give some examples of what conclusions you could draw, other than obvious stuff like last year's profit?

>>1552267
Bankruptcy management is always a good option
Even in golden years companies go bankrupt [spoiler] and it's even better on a crisis scenario [/spoiler]

>>1553369
There are 120h courses here and there. Most of them will get you on track/test your tolerance towards accounting.
In Euro countries you can do them for free if you are unemployed.

>>1554242
>Could you give some examples of what conclusions you could draw
Debt stituation - i.e. long term/short tem strenght, leveraged debt -, you can use the info to calculate ratios, cash flows, percentage of real state capital. If the company has announced expansion/diversification you can somewhat analyse the outcomes/benefits of such decisions based on the current state of the bussiness.
Basically you can read the situation of a company by yourself and, if smart enough, how it has been drafted and what they are trying to show.

Basically these >>1553280 and >>1553319
Make sure everything is how it's supposed to so the company doesn't go down on some petty shit.

Young /accountant/ here

How can I make money out of this degree? Any good free time sidelines I could get?

can they check your criminal record if you are an accountant

>>1554242
https://en.wikipedia.org/wiki/Financial_ratio#Ratios

>>1556031
If you work for the government.