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Accounting and Finance: Importance of the Studies in Today’s Society Essay

The world of accounting and finance is very interesting from different perspectives: first, accounting and finance help to develop new services and improve people’s living conditions; second, these two concepts are the major needs for decision makers; and finally, these current studies may be stimulating and rewarding at the same time, because accounting and finance are the key elements in many organizations.

Accounting and finance play a significant role in today’s society, as they deal with economics and information science and provide rather strong background for professional careers in the sphere of business.

The importance of these current studies is obvious, because accounting and finance are much more than just simple gathering and analyzing information and control of markets; these studies are the centers of many organizational systems, the support for many decision making practices, and their understanding is considered to be an important step in carrying out all possible management tasks.

First, in order to comprehend why these current studies are important for today’s society, it is necessary to clear up the essence of each of these terms. Accounting is regarded as “a part of the business’s total information system, whose role is to provide information to ‘clients’” (Atrill and McLaney, 9).

Finance, in its turn, helps people make proper decisions and provides them with a chance to achieve success in numerous business activities. Lots of people, both who are involved and even who have little in common with business, admit that accounting is some kind of business language, awareness of which provides communication between organizations.

Finance focuses on possible risks and returns: individuals realize the essence of money and capital, are aware of different forms of finance, and are able to evaluate and overcome the risks, which are inherent finance. It is considered to be a good start for those, who want to become important figures in the sphere of business.

The major point of finance and accounting is that people face these two concepts very often nowadays. People read newspapers and watch numerous TV-programs about the chances in economy, money problems, and business competitions. The vast majority of people do not actually understand that finance and accounting are not similar, and have absolutely different purposes. This is why comprehension of information from media may be wrong because of poor knowledge about finance and accounting. This is the reason number one, why the current studies are important in today’s society.

Get your 100% original paper on any topic done in as little as 3 hours Learn More Another significant issue concerning the importance of the studies is the constant changes, which happens on the field of finance and accounting. Financial markets offer more and more opportunities and services for their customers; this is why to get the necessary profits and benefits, people should know enough about capital markets, their peculiarities, and money making. They should also be ready to make decisions and deposit and invest properly, analyzing possible consequences of their activities. So, it turns out to be preferable to study accounting and finance. The last point that has to be mention is people’s passion to money.

It goes without saying that people like money and cannot imagine their lives without spending and earning money. However, to be able to spend money properly, people have to learn to make it. With the help of finance and accounting studies, it is possible to lend money in business successfully; these studies offer numerous credit facilities; and finally, managers get possibilities to enter contracts and buy services.

The importance of finance and accounting in today’s society is also closely connected to cooperation of these spheres with other spheres of life. Even such institution as family may be improved by proper understanding of finance and accounting. Husbands earn money, wives offer the ways to save or spend it, and children always ask it to satisfy personal desires.

If families do not aware of the general issues of such studies like accounting and finance, the financial situation of such families will hardly become successful. Business, personal relations, and even education in modern society is closely connected to money, this is why awareness of how money is made is crucial.

Education, in general, plays a very important life in any sphere of life. When a person is educated, it becomes a bit easier to use offered possibilities, to improve personal positions, to get good jobs, and earn enough money to enjoy this life. The studies connected to finance and accounting are significant indeed for today’s society, as people always want to know more how to develop their business, how get more benefits, how to make decisions with less harm to own incomes.

This is why the importance of these studies becomes obvious, the only thing that has to be evaluated right now is how to pick out the best ways to study finance and accounting at a proper level, to gather necessary financial and accounting information, and to be ready to evaluate critically the roles of finance and accounting and find out their strengths and weaknesses.

Works Cited Atrill, Peter and McLaney, E. J. Accounting and Finance for Non-Specialists. England: Pearson Education, 2006.

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What Makes a Real Hero: Ideas by Bolt, Douglas, and Albom Essay

Nursing Assignment Help The theme of heroism is one of the most frequent issues, discussed in numerous literary works. Each author tries to present his/her own vision of hero, endow this hero with the best qualities, and make him/her useful to other people. A Man for All Seasons by Robert Bolt, Narrative of the Life of Frederick Douglas, an American Slave, and Tuesdays with Morrie by Mitch Albom are the three works from different times, which help me create my own understanding of the word “hero” and realize that this hero can be found inside of any human being and may be significant to many other people around.

Nowadays, people hear such word as “hero” very often. “You are my hero!” – a girl says to her boyfriend, who’s just saved her from a huge dog. “He is a real hero” – a wife thinks about his husband, who’s just repaired the roof. “This boy will be a real hero” – a grandmother demonstrates her admiration of the boy, who’s just helped her cross the road. To my mind, people just do not pay much attention to a real meaning of this word, fling and use it in accordance with their emotions and feelings.

This is why, in order to remember and understand a true meaning of heroism, it is better to address to literature and find out how professional writers describe real heroes. On the one hand, it is impossible to believe that works by Robert Bolt, Frederick Douglas, and Mitch Albom have something in common. One of them lived in the middle of the 19th century, another is from the 1900s, and the last one is still alive and work in Detroit.

However, on the other hand, all these stories are based on real events, the authors introduce real heroes, who take really important and courageous steps in their lives, and these stories are not about some unbelievable human qualities or world disasters – each of these stories presents ordinary people within ordinary conditions, and explains how their attitudes to life and the desire to be better made them real heroes for many people around.

The main hero from Narrative of the Life of Frederick Douglas , an American Slave got a wonderful chance to comprehend “the pathway from slavery to freedom” at the time, he did not really expected it (Douglas, 39). A real hero should understand the sense of freedom, and it is possible only in case of being enslaved and then getting the cherished freedom.

And in order to achieve this freedom, it is crucially important to control own desires and evaluate the situations from different perspectives, like another hero of selfhood from A Man for All Seasons, Sir Thomas More. The main purpose of More was “do prepare myself for, higher things” (Bolt, 22).

To my mind, these heroes are connected by one purpose – to be ready to do great things and help the others. As for helping other people, this very quality is also inherent Morrie Schwartz from Mitch Albom’s Tuesdays with Morrie. The teacher demonstrates his unbelievable courage in spite of the fact that he is already aware of his death, and this painful and frustrating process reminds the hero about soon end. He cares about his students, tries to teach them the best qualities, in order to provide them with a chance to improve their own lives and their attitude to this world.

Get your 100% original paper on any topic done in as little as 3 hours Learn More “Once you learn how to die, you learn how to live” (Albom, 104). In this case, the meaning of the word dying may be interpreted in different ways and compared to the ideas of other heroes under consideration: if you were not enslaved, you could not appreciate freedom; if you could not comprehend own desires, you could not explain them to the others; if you did not die, you could not enjoy this life and live.

In general, these three characters have one feature in common – they want to be ready to take great steps in order to help other people to achieve success, and, at the same time, not to forget about personal self-improvement even being bound by unfair realities of this world.

Works Cited Albom, Mitch. Tuesdays with Morrie: An Old Man, a Young Man, and Life’s Greatest Lesson. Broadway, 2002.

Bolt, Robert. A Man for All Seasons: A Play of Sir Thomas More. Oxford: Heinemann Educational Publishers, 1996.

Douglas, Frederick. Narrative of the Life of Frederick Douglas, an American Slave. United Kingdom: Oxford University Press.

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