Browsing the archives for the accounting tag.

Building your financial acumen

Business Acumen, Geek 5, Outside Articles

In the last post, we talked about the importance of financial acumen to geeks progressing in their careers.  So now you’re thinking, I know I need it, but how do I get it?  And – how painful is it going to be?

OK, OK, learning about financial stuff might not be as exciting as some endeavors, but it is still important.

I found a great website that can help with some accounting and finance skills – and most of the site is free!  See – it is a great financial decision already!

The site is called accounting coach.com. The site is run by Harold Averkamp and he is dedicated to improving knowledge and skills related to accounting.  Containing a wealth of information, the site presents accounting concepts in easy to understand terminology and in bite-sized chunks.

The Accounting Topics section contains tutorials on concepts like Accounting Basics and Depreciation and Activity-Based Costing and Improving Profits.  If those topics don’t mean anything to you, then you desperately need these tutorials!

My favorite part of the site is the Test Yourself section.  It offers quizzes and crossword puzzles and word searches with financial themes. I failed the Basic Accounting quiz, so I obviously need to spend more time with the tutorials!

This is a great place to get started.  Once you master some basic concepts, you can seek out a mentor at your company who can help you apply the new concepts to your specific company.

Good luck on your path to financial enlightenment!

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