reword: Accounting is a critical skill for managing a business's taxes. Maintaining financial statements, including invoices, ledgers, and balance sheets, aids in tracking business expenses and deductions, including taxes (Kanojia et al., 2022). My financial statements would advise me on the taxes I should pay for operating my business domestically. Accounting would also allow me to allocate funds wisely, including those intended for paying taxes. For these reasons, mastering accounting is essential if I want to be the top executive in my company.