A bachelor degree in accounting is at least one of those degrees that have a clear and precise purpose. Almost all students who get a bachelor degree in accounting go on to become accountants. This is why this particular degree is actually one of the more popular ones. Ironically, however, it is not one of the easier ones. So just what is involved in getting a bachelor degree in accounting?
The old saying that you had better be good with numbers to be an accountant can't be any more true. You had better be a whiz with numbers if you want to be a good accountant. If you want to be a great accountant, you had better be able to think outside the box as well. More on that later.
A bachelor degree in accounting is really to prepare somebody to become a CPA, or Certified Public Accountant. This is very similar to somebody who wants to go into law and having to pass the bar. If you want to be a CPA, you also have to take an exam and it's not easy. You pretty much have to know your tax laws inside and out, aside from knowing every aspect of accounting from debits and credits to debt to equity ratio.
Your first year as an accounting major begins with two semesters of basic accounting. This is where you do learn your basic debits and credits, how to do a ledger, journal, etc. The basics of accounting are, for the most part, pretty easy. But if you can't get through your first two semesters you're not going to have a chance at what comes next. From year two through your last year in college, you will learn the most advanced accounting principals. Probably the most important skill you will need to be able to get through these years, in addition to being good with numbers, is logic. The reason is that in accounting, everything has to balance. One side must equal the other. This basically comes down to logically working through every entry.
In addition to these advanced accounting courses, as if they're not hard enough, you're also going to have to take other math related courses such as statistics, probability and in some schools, even calculus, at least for one semester.
In addition to math related courses, you're also going to have to take financial courses. This makes sense since accounting is not just about numbers but also about running a business. So courses like economics, finance and business management are not uncommon for an accounting major to take.
Earlier we talked about thinking outside the box. The reason this is important is that a lot of accounting is figuring out creative ways to report income and expenses so that they make a company's tax liability as little as possible, within the law.
Many people think accountants have boring jobs, but the truth is, accountants have to be some of the most creative minds in our world in order to deal with all the changing tax laws and keep a company from losing its shirt. Yes, getting bachelor degree in accounting is not as easy as some people might think.
Michael Russell Your Independent Bachelor Degree guide.
Article Source: http://EzineArticles.com/?expert=Michael_Russell
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Wednesday, March 26, 2008
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