The study of Accounting covers a wide range of accounting practices and theories in a number of different contexts, providing a solid foundation for a successful professional career. Other topics covered include accounting for foreign currency transactions, translation and consolidation of foreign currency financial statements, and accounting standards pertaining to not-for-profit and public sector organizations. The Institute of Management Accountants offers the Certified Management Accountant (CMA) to applicants who complete a bachelor’s degree. On completing your degree, you will have an in-depth knowledge of accounting and its relationship to organisations and society.
Double-entry accounting is also called balancing the books, as all of the accounting entries are balanced against each other. The Accounting (ACC) program provides you with a thorough knowledge of accounting practices and related technology applications and the business fundamentals and soft skills needed to find employment immediately after graduation. Accounting faculty are award-winning teachers, work closely with students, and take a personal interest in their success. The Bachelor of Technology in Accounting program consists of eight Advanced Technical Specialty courses, 12 credits (4 courses) of Liberal Studies Education, and a Workplace education component. The Bachelor of Business (Accounting and Finance) is accredited by CPA Australia, and Chartered Accountants Australia and New Zealand (CAANZ) until 2017. These reports combine the last three years of available results for the 2013-2015 BCIT Outcomes Surveys of 2012-2014 graduates and for Degree 2010-2012 graduates.
In addition to the CPA certification, accountants may also want to get the Certified Management Accountant certification, which requires a bachelor’s degree, two years of work in management accounting and passing an exam. You’ll graduate with a professionally accredited major in accounting as well as knowledge and skills in corporate finance, international finance, risk management and investment and portfolio management. Assists the FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) and provides guidance on early identification of emerging issues affecting financial reporting and problems in implementing authoritative pronouncements. However, accounting is not all number-oriented, and a good grounding in spoken and written English communication is essential.
This course qualifies as a prerequisite for entrance into the Chartered Professional Accountant (CPA) Professional Education Program (PEP) when completed in conjunction with ACCG 6210 Management Accounting – Comprehensive. Because decisions made by various users are partly based on accounting information, accounting has to adapt to changing business and social needs.
Prerequisites: ACCG 6210 Managerial Accounting or FMGT 3210 Cost/Managerial Accounting 1 (with a final grade of 65% or greater) and FMGT 4210 Cost/Managerial Accounting 2 (with a final grade of 65% or greater). With experience, accounting graduates can become chief financial officers, partners in public accounting firms, and controllers in organizations of all sizes around the world. According to the website of the Bureau of Labor Statistics, the median annual salary of accountants was $61,690 in May 2010. Our Accounting BSc provides an excellent preparation for professional practice in accounting, enabling you to work in a wider range of business, public and third-sector organisations. Like any profession, your salary in accounting will depend on your skills and experience.