We started our 2nd quarter this week - our classes are Financial Accounting and Statistics. Doesn't sound exciting, does it? - especially for summer school. However, I hear among my classmates an excitement about getting into some of the financial meat of our coursework. These classes, we believe, will start to unlock some of the skills that will help us move to the next level in our organization or make that transition to another company or industry.
My two accounting classes in undergrad were taken nearly 30 years ago and I know that I didn't retain much from those classes. However, I'm finding that I must have accumulated more accounting knowledge during my career than I'd expected as the concepts that I've read about in the first few chapters of the book seem very familiar. The prof's approach to this class seems to be that he doesn't want to make us into accountants; he just wants to make sure that we have a facility with balance sheets and income statements so that we can understand and use this data in making decisions as managers. So, it looks like the pace of this class will be manageable.
Stats may be another story. We were required to read the first 250 pages of the textbook before the first class and the professor will assume that we know this as he starts the class on page 251. If I remember very little of accounting from my undergrad years, I remember absolutely nothing from my stats class and I'm fairly certain that I haven't used much of it since. First stats class is tonight ...
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