Whenever we had a long discussion/disagreement in my Financial Management class, the professor, Dr. Joel Houston, always said something along the lines of “There is no right answer for every situation, learn to love it – that’s job security.”
Much of what Financial Analysts do is made up. That’s not to say that they are selling a load of crap, but that they are working off a set of assumptions and best guesses, even one of which could send their projections way off the mark.
Regardless of what Washington does, finance and accounting jobs aren’t going anywhere . Whether the system is complicated or simple, the ambiguity inherrent in financial analysis means that businesses will always need someone to make a guess (and take a fall when they are wrong).
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