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Financial accounting_Week 6 Discussion

Financial accounting_Week 6 Discussion

Q 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.

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The field in which I desire to establish my career is of a financial advisor. Financial guidance or advice is provided by a financial advisor for compensation to customers. Several different services like estate planning, preparation of income tax, and management of investment are provided by financial advisors. The license of Series 65 ought to be carried for business to be conducted with the public. Licenses are available in a wide variety for the services that the financial advisor provides.