Is an accounting course hard?
Im in 6th form and am interested in taking a course in accounting, i have taken double business studies at AS and A2 Level and also Gcse. but my maths is not very good. will this make it loads harder? or is it all basic maths?
Other - Business & Finance - 3 Answers
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Answer 1 :
The maths is pretty basic, provided you can perform the four basics of addition, subtraction, division and multiplication. Ideally, you also need statistics, a very good appreciation of relational databases (that is what all computer accounting programs are) and the abilty to use packages like MS Office (particularly spreadsheets). The BASIC idea of accounting is to record historical fact, but then it branches into forecasting (an arcane rite NOT involving crystal balls!) by using extrapolation from historical data tempered by a good knowledge of the changing market(s) in which you are operating. Tedious? Decidedly, yes! Rewarding? Often, if you manage to prevent your employer(s) losing money and investing in the right new products. Worth taking as a career? Absolutely yes - but be warned, many tasks (eg auditing) as as boring as any that could have possibly been conceived by the mind of man. Hope this helps, By the way, My own qualifications are MCIPS, CDipAF, HNC(Business Studies). I've added these just to show that I am writing from knowledge of the subject!
Answer 2 :
You have to know accounting. It's the language of practical business life. It was a very useful thing to deliver to civilization. I've heard it came to civilization through Venice which of course was once the great commercial power in the Mediterranean. However, double entry bookkeeping was a hell of an invention. Akira Mori
Answer 3 :
If you plan a career in business, you NEED to understand accounting, regardless of which field in business you plan to specialize. Take the accounting course regardless of how hard you may fear it will be. You only need basic math skills to excel at introductory accounting. Specifically, you must be able to work with fractions and percentages. You don't need to understand calculus, or trigonometry, or exponents, or logarithms. (You may need those math topics in more advanced business courses.) I strongly suggest you browse the Web for notes on accounting. That will give you a good idea of what you will see in your first accounting course or two. Take a look at the site I used to answer your question. Good Luck!
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