A panel discussion titled "The Role of Accounting in Enabling Managers to Make Rational Decisions" was held. It was presented by Assistant Lecturers Raghad Abdul Khaliq and Mewan Shukur from the Department of Business Administration, and targeted college students to develop their understanding of the importance of accounting in the business environment.
The panel discussion addressed the importance of accounting as an essential tool in business administration, as it contributes to converting financial data and figures into clear information that enables managers to make rational decisions. It also reviewed the relationship between accounting and various management functions, such as planning, organizing, and controlling.
The session focused on how to utilize accounting reports and data to improve institutional performance by analyzing financial results and employing them to support business strategies, thereby contributing to achieving desired goals and enhancing decision-making efficiency.
At the conclusion of the session, the importance of developing students' accounting skills was emphasized, given their pivotal role in the success and sustainability of institutions, as well as enhancing their ability to understand practical reality and transform numbers into effective decisions.
The panel discussion witnessed positive interaction from the students, thanks to its scientific and practical approach that contributes to supporting their academic and professional journeys.
