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  • Essay / My passion for studying accounting and finance

    It was when my father taught me the game “Cashflow 101” by Robert Kiyosaki, author of Rich Dad, Poor Dad, that I developed a keen interest in the world of finance. Through the game, I was able to better understand asset and liability management, as well as financial independence. I realized that with a thorough understanding of accounting principles and the financial world, I am capable of pursuing a career in the financial sector. Therefore, this sparked my interest in wanting to study accounting further. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay As someone who enjoys taking responsibility and being a leader, I see myself as a potential business owner in the future. Personally, I believe that accounting is the language of business because it conveys key information to decision-makers. I believe that studying accounting will teach me how to obtain valuable data and equip me with the technical skills to interpret and use this information in decision making. As I aim to become my own boss in the future, I feel that pursuing this degree will give me a better understanding of the business world and get me closer to launching my own business. My sister was one of my main influencers in my studies. course. As she currently specializes in corporate tax at a Big Four firm, her professional experiences inspired me to pursue an accounting degree. It made me understand that the wealth of a nation lies in its ability to collect taxes in various forms and allowed me to establish better links between a company's decision and public revenue. So, his experience piqued my curiosity to learn about accounting at a higher level and hopefully be able to experience it for myself. My A-level subjects helped me better understand my desired course. Economics formed the basis for my learning of key financial concepts. For example, while learning to interpret a country's balance of payments, I realized that it is similar to a company's balance sheet, except that the latter is at the micro level. This helps facilitate my in-depth understanding of real-world accounting cases. As I have a strong inclination towards numbers, mathematics has reinforced my passion for problem solving. It also improved my efficiency in using various arithmetic variables, which applies to the analytical nature of this course. Being an avid reader of The Economist and newspapers, I kept up to date with financial news. I think such readings helped me better understand what is happening in the financial world, which is otherwise not explored in depth in school. For example, the infamous Enron scandal and the more recent Toshiba Corporation fraud are notable examples of companies "faking the books"; they falsified financial reports and overstated profits for years. To me, fraud is akin to theft and an injustice to the trust and faith people place in you. Once that trust is broken, shareholders, investors, employees, and customers lose faith not only in management, but also in the entire system the business relies on. The mismanagement of such gigantic corporations will have a significant impact on the economy and risks devastating the lives of many people. Therefore, I strongly believe in a fair and honest system where corporate governance should be in place to protect the interests of the.