Why do we need accounting?

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  • Опубліковано 5 жов 2024
  • Why do we need accounting? Some might think, that accounting is only a boring and unnecessary redundancy and that it exists only due to regulations and legal requirements. But the opposite is true. Accounting exists because it plays an extremely important role in running a business.
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КОМЕНТАРІ • 37

  • @anirudhpraveen7410
    @anirudhpraveen7410 3 роки тому +18

    Finally uploaded... But the video was worth the wait. Want more of accounting videos in detail for sure

  • @dnath1234
    @dnath1234 2 роки тому +6

    Thankyou
    this video showed me the importance of accounting and I always thought accounting as a boring subject and was always lacking attention towards this subject but now I'm gonna change this.

  • @thanurajasekar4282
    @thanurajasekar4282 3 роки тому +2

    I have no idea why this channel has still not reached 1M subscribers😑

  • @lunamorris2091
    @lunamorris2091 Рік тому +4

    Tons of valuable information, thank you so much. It helped me a lot.

  • @briankelly1240
    @briankelly1240 3 роки тому +3

    Trying to start a business, thank you for this!

  • @nicolasking1996
    @nicolasking1996 3 роки тому +4

    Yes! More videos about acccounting would be great

  • @Imfrommars444
    @Imfrommars444 3 роки тому +13

    I want to do accountanting but I'm also interested in doing finance and business. Those are related fields but I haven't made up my mind on what degree I want to go for.

    • @Youbeentagged
      @Youbeentagged 3 роки тому +6

      Generally speaking, Accountants use their degrees more than the people doing business.
      And you can learn most of business through a masterclass.
      So, if you're planning on getting a degree, accounting will be more useful.

    • @enochduah3066
      @enochduah3066 2 роки тому +2

      I am an accountanting major but I want to become an actor.

    • @funactive1880
      @funactive1880 2 роки тому +1

      Go for CFA + CPA

  • @tomorrowsveggies296
    @tomorrowsveggies296 3 роки тому +4

    Just found this channel. I love it!

  • @marvinstenersen8083
    @marvinstenersen8083 3 роки тому +4

    More of this please! 👌

  • @DreamFirms
    @DreamFirms 3 роки тому +3

    Great animation and very informative video!

  • @was3123
    @was3123 3 роки тому +2

    Make videos about audit too

  • @apricotcomputers3943
    @apricotcomputers3943 3 роки тому +1

    Yep!

  • @vividvision99
    @vividvision99 Рік тому +2

    Everyone wanna start business but no one doesn’t know importance of accounting or willing to learn that.

  • @lucky-mud
    @lucky-mud 3 роки тому +6

    Should I take an accounting class in college even though I don’t plan to major in anything related? i.e., would it be useful for personal finance/small business management?

    • @motovation101mediation8
      @motovation101mediation8 3 роки тому +1

      Yes you should

    • @freesk8
      @freesk8 3 роки тому +1

      Yes. Take intro accounting. Looks great on a transcript. Also, intro Micro-economics. Sadly, Macro-economics is much less useful, and much more prone to left-wing political bias. There are also intro Marketing courses that might be helpful if you will be an entrepreneur. Web development might be useful, too.

    • @lucky-mud
      @lucky-mud 3 роки тому

      @@freesk8 unfortunately my university doesn’t have any marketing classes, but thanks for the advice!

    • @freesk8
      @freesk8 3 роки тому +2

      @@lucky-mud If you just care about the skills, and not the credentials, there are great books you can read about small business marketing that are even focused on your target industry! If that is all you need, then reading one good book might actually be better than a college course! :)

  • @BÜNNY·CR7_1204e
    @BÜNNY·CR7_1204e Рік тому +1

    Is anyone tell me main purpose of accounting is to check financial position and to expand business and for investors too. And if you know more purposes of accounting please let me know by replying my comment 🙏🏻

  • @josenabung8157
    @josenabung8157 3 роки тому

    Good way to explain its important. More video pls

  • @105rogue
    @105rogue 3 роки тому +1

    keep up the good work great channel!!!

  • @AmitKumar-uc8bz
    @AmitKumar-uc8bz 3 роки тому +2

    More accounting video

  • @fortniteentusiast
    @fortniteentusiast 10 місяців тому

    yeah buddy your on the edge playlist

  • @ezedaniel1100
    @ezedaniel1100 3 роки тому

    Pls more videos on accounting

  • @ShivamSharma-fy2ot
    @ShivamSharma-fy2ot 3 роки тому

    Well explained.

  • @davidsdinero
    @davidsdinero 3 роки тому +2

    There will always be a need for accountants in the world but the entrepreneur has the potential to make more money. I rather risk it and take a chance of failing

  • @marunio435
    @marunio435 2 роки тому

    For every businessman accounters are needed for one more thing. They are buying their time.

  • @motovation101mediation8
    @motovation101mediation8 3 роки тому

    Account is important

  • @dawdasonko2101
    @dawdasonko2101 Рік тому

    When did accounting exist

  • @radha94
    @radha94 3 роки тому

    Could you please make a video about
    Why is American colleges so expensive, and
    How to reduce the cost of colleges
    In your next video

  • @GhwalvaAli
    @GhwalvaAli 8 місяців тому

  • @SpaceN.i
    @SpaceN.i Місяць тому

    ❄️❄️❄️❄️

  • @seopoet
    @seopoet 3 роки тому +5

    If you need an accountant for this kind of calculations, you'd be better off not starting any business at all :)

    • @wildbeast221_9
      @wildbeast221_9 Рік тому +1

      Yes thank you guy that comments
      On UA-cam videos