Thank you for the opportunity to help you with your question!
Understanding accounting in my current position as an application developer in important because it helps evaluate my business financially and apply skills earned in the course to maximize output while minimizing inputs. Through it I am able to plan with certainty, make right decisions and even take control measures to keep moving.
In future I plan to own several development companies and accounting knowledge will help in managing and controlling resources as well as maintaing high quality book keeping culture. I will also be able to understand legal matters related to accounting.
Please let me know if you need any clarification. I'm always happy to answer your questions.