Читать книгу Financial Accounting For Dummies - Maire Loughran - Страница 78

Most of my financial accounting students are relative newbies to the wonderful world of accounting and business-related classes. Even at the MBA level, a preponderance of my students know nothing about accounting because they transferred into business after getting their undergraduate degrees in non-business-related disciplines.

If you’re an accounting novice, my best advice to you is to forget all your preconceived notions of accounting — especially as they tie into what you feel is logical. Many times, I’ve seen students banging their heads against the wall because the way GAAP or the AICPA works doesn’t make sense to them. Sometimes, financial accountants handle transactions in a certain way simply because that’s the way it’s done. After you go through the alphabet soup of regulatory agencies in this chapter, I hope you come to realize that for this class, at least, you need to have a good overview of the regulatory system and just go with the flow.