What Do They Teach in Accounting?

The accounting profession is considered a noble one. Accountants render a valuable aid to the society. Accountants work in business corporations and tax companies. Because of their useful skills, accountants make a lot of money. An entry-level accountant can make as much as $40,000 a year, and that is just for starters. Experienced accountants can make as much as $80,000 a year.

Accountants are also known by another title: CPA (i.e. Certified Public Accountant). It is natural that those who are interested in this profession would want to know what is required to become an accountant.

In the accounting field, numerical figures play an important role. Thus it is imperative for one to have a command over his' or hers mathematical skills. The type of Math skills required to be an accountant involve those such as basic Math, Algebra, Trigonometry, and the like. Students will also learn about the different kinds of currencies that are used around the world; perhaps one day they may have to work in another country and they need to know something about that country's currency.

Another important component of accounting is business. After all, the accounting profession is a business. Therefore, accountants learn domestic business as well as international business, which involve both domestic and foreign trade.

Prospective accountants also learn skills such as money skills, money management and personal finance. They also get acquainted with business terminologies, such as "debit", "credit" and the like. They will learn such things as business ethics as well as business etiquette. They will learn about business management as well.

The accounting profession can indeed be a challenging one. On an average, people who take up accounting usually take from 2 to 4 years at the most to acquire the required skills, but some may learn in even less time. So it is dependent on the students and their willingness to learn.

When such skills have been learned, the prospective accountants can pursue an MBA degree, or a Masters in Business Management. Once they have attained this degree, they are well on their way for a rewarding career as a CPA.

They will be in demand by major corporations, because such companies value graduates who possess an MBA. Whenever a company needs someone to do their books for them, an accountant will be the first person they call.

Hope that that person is you.

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Date: 17th May 2011