In this week's discussion, you will make connections between your chosen field and what you have learned about financial accounting up to this point. This discussion is important practice for the second part of your final project, in which you will analyze the practical applications of financial accounting in terms of how relevant it is to your own professional aspirations.
In your initial post, describe your current or aspiring professional identity, including your career and the field in which you work or hope to work. What sort of transactions would you encounter in that field? What are the impacts of those transactions on the business? List and describe several examples.
Then, review your peers' initial posts to find out who is working or plans to work in the fields or professions most closely related to your own. In your responses to those peers, compare and contrast your responses. Specifically, comment on how important financial accounting is within that field or profession. Before taking this course, would you have held the same view? Why or why not?
To complete this assignment, review the Discussion Rubric document.