Bean counting has a stigma for being boring, but once you realize that it's a tool to help you accomplish your dreams, then how could you not be excited to learn more about it? Think of it as a skill with which you can do whatever you like. For me accounting is not boring because it's a means to accomplish my Free MBA Dream. Once you realize this, the rest is all tasty bean flavored cake.
So let's start with the purpose. Accounting helps you answer two important questions: (i) how is the business doing, and (ii) what resources do we have to get where we need to be? That simple, anything else is just extraneous.
As we continue through our survey course in accounting 101, we'll focus on the ideas. Once you know the concepts, it's just a matter of layering fancy terms on top of what you know.
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