[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 678 KB, 666x941, __metal_max_drawn_by_hetza_hellshock__ccd353b3b87da6f3075455bda608004f.jpg [View same] [iqdb] [saucenao] [google]
11029633 No.11029633 [Reply] [Original]

Looks like I'm going to be getting a degree in accounting, but is an accounting degree useful for future entrepreneurial ambitions?

>> No.11029654

>>11029633
lol no don't you know about computers. Computers are going to take our jobs.

>> No.11029672

Yeah it's useful especially if you combine it with a minor in CS or something IT related. It's pretty much learning the language of business and depending on what you want to do that can be useful or not but at some point as an Entrepreneur you'll need to understand accounting.

>> No.11029762

>>11029633
basic accounting is one of a few dozen different fields you'll need to know as an entrepreneur. so the specific degree doesn't matter that much. but I hear being a licensed accountant is a reliable fall back if the business doesn't fall through.

>> No.11029763

>>11029633

Accounting is the language of business, it's boring as fuck, but knowledge of Accounting & Operational Finance is an incredibly important skill for an entrepreneur.

>> No.11029779

>>11029672

*Also as a CPA starting your own firm is always an option

>> No.11029797

>>11029633
No, accounting is for worker drones. You won't be able to do anything other than mind-numbing number crunching under mr. shekelberg.

>> No.11029799

>>11029779
That too but that's a way longer road filled with years wanting to kill yourself in public practice. Really just join a smaller regional firm and work your way up to partner in 15-20 years and you'll be making shitloads of money and running the show

>> No.11029818

>>11029633
It's useful if you want to be a pencil pushing faggot that gets paid shit

>> No.11029855

>>11029818
https://www.investopedia.com/articles/investing/051415/how-much-do-cpas-make.asp
>hose who obtained a CPA license had a median salary of $73,800 and top salaries were around $124,000.
I mean okay sure I guess that's getting "paid shit"

>> No.11030886
File: 37 KB, 400x350, 1524441619560.png [View same] [iqdb] [saucenao] [google]
11030886

Guys I have a degree in Accounting & Finance. Currently doing an intern at a finance department of a company and its boring as fuck, at least for a male. I am actually interested in how blockchain revolutionize accounting (ie. Triple entry accounting) and hope to be pioneering that shit. Should I continue my Masters in IT or should I wagekek in a ERP software firm( but I don't have any background in IT/ Coding). Help me out /Biz/

>> No.11030909

>>11030886
Learn tax law and do capital gains accounting for cryptocurrency owners

>> No.11030953

>>11030909
But Anon, Crypto is not huge in my country( Malaysia) and it's in a somewhat grey area and the government is not taxing capital gain at the moment.

>> No.11031092

>>11029797
Value investing anchored on solid Accounting principles is not a meme.

>> No.11031668

>>11029855
>top performers make $124K
Same can be said about plumbers/electricians. Doesn't mean they get paid a lot on average.

>> No.11032385

Pro tip: Do some time in medium-large public firm, then go straight for a private position. Then you just gotta climb the ladder.