1) Read these (2) brief articles below.
https://brieflyfinance.com/5-reasons-why-do-accoun…https://intheblack.cpaaustralia.com.au/technical-skills/why-accountants-should-learn-python
2) Write an original post about your thoughts on the matter. Is it a good idea what is suggested in these articles? Explain your rationale for your answer whether your think it’s a good idea or not.
Reply to (2) other posts:
post #1 After researching the benefits of Python, I believe accountants would benefit from learning Python and that it should be incorporated in the school curriculum. Accountants can automate data entry and analysis by utilizing Python. Some Python advantages include the ability to develop complicated financial models to aid with budgeting, forecasting, and decision-making. Learning Python appears to be a desirable skill for businesses since it helps enhance accuracy, process massive datasets, speed financial models, and display data in a more visual and understandable manner. Having read about the advantages of Python, I believe I would be putting myself at a disadvantage if I did not learn this coding system. Many accounting software systems enable Python plugins, allowing accountants to use these products and allow access to extensive libraries.
Post #2 Every day, we can see how careers evolve, including accounting and related areas. The role of accountants in the industry has been upgraded, and new requirement has been added to this role: learning Python. Python is a great base programming language to learn and has become a really important tool in the accounting world.
Learning Python offers several advantages for accountants and professionals in related business fields. It simplifies daily and repetitive tasks, is compatible with Excel, and improves overall work effectiveness. Learning Python has become essential for accountants and anyone in data analysis related jobs to secure a position in the job market.
During my time learning R, another programming language with a focus on visual representation(I totally understand there are several differences between them, but R is my only programming experience), I discovered how coding can simplify a lot of complex tasks. Functions like data frames and matrices make it easier to handle datasets with different data types rather than just one.
In conclusion, adding Python and other programming languages to our portfolio opens new opportunities and has been a game-changer in several data analysis related careers.