What will I ever need to know about reporting and analyzing long-lived assets

Week 4 – Discussion 1

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Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

 

Why do I Need   Accounting?

 

Consider the following scenario:   Your friend (who is also in school) just emailed you to express frustration   with his accounting class.  In the email, he said, “Why do I need to   take accounting? What will I ever need to know about reporting and analyzing   long-lived assets? I am a management major.”

Write   a 100- to 250-word response to your friend, including specific details about   the benefits of learning accounting.  Focus particularly on reporting   and analyzing long-lived assets from a manager’s perspective.  Discuss   the benefit and purpose of learning accounting as a business student.    Respond to at least two of your classmates’ posts.