Why is it important to study accounting today? Discuss at least three reasons why anyone, no matter their career path, can benefit from understanding basic accounting principles. Each reason should be explained in a clear paragraph, with examples or evidence to support your points.

For your original post, make sure to use at least two reliable sources. These could include our class textbook, accounting journals like The Accounting Review or Journal of Accountancy, trustworthy online sources like Investopedia, or respected business and accounting magazines such as Forbes or Accounting Today. Be sure to cite your sources at the end of the post.

After you've made your original post, respond to one of your classmates. Your reply should be one to two paragraphs long and should add to the discussion with new insights or perspectives. Simply agreeing with your classmate isn't enough.

College level writing is expected. Deductions will be taken for poor grammar and sentence structure or spelling errors.