Originally Posted by stoweboarder09
This is very true. In my experience with both Financial and Managerial Accounting, those who stay on top of the early work and have a fundamental understanding of the basic concepts will do much better than those who try to play catch up later in the semester.
yeah, right now im taking "financial reporting 1" they call it, its just financial accounting 101 but with more detail, and more regulatory jargon, its mind numbingly boring and 90% stuff already known, but people are still asking questions like "so unearned revenue isnt revenue?" and it boggles my mind why these people are accounting majors, in a senior level class, and struggle so much with the basics