Accounting is concerned with the provision, interpretation, and application of financial and other economic information essential to the efficient conduct and evaluation of an organization’s activities. In this course, students will gain an understanding of the relationship between information technology, accounting information systems, business strategy and organizational improvement. Accounting requires exceptional math skills, a strong attention to detail, and computer literacy, including competency with accounting and database software such as Quick Books, Quicken, and Excel. For students with a bachelor degree in other disciplines please see post-baccalaureate options discussed below.
Students enrolling in 500 level Accounting papers should normally have a minimum of a B average in undergraduate Accounting papers, with no less than that in 300 and 400 level Accounting papers. Sage One —Sage One has two types of accounting plans: one for invoicing by itself, and another for full-service accounting. Beta Alpha Psi (the Accounting Honorary Society) is a dynamic club open to all accounting students. Prepares students for entry into the accounting field as bookkeepers, accounting clerks, or accounting assistants. BTech Accounting degree students interested in applying for an international degree program at a partner institute should email Svitlana Kominko , International Program Coordinator. Master’s and doctoral degrees as well as professional certifications can greatly affect an accountant’s future salary growth. The accounting field is projected to have a 16 percent growth between 2010 and 2020.
We take an analytical perspective of how accounting is practiced and how it should be practiced, so you develop a real understanding of the subject matter rather than just rote learning. The reports generated by various streams of accounting, such as cost accounting and management accounting, are invaluable in helping management make informed business decisions.
Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. Many company directors and managers began their careers as accounting graduates, and accountants continue to play a key role in organisational strategy and management. If you fail more than 30 points you will not be permitted to proceed with the degree. The Accounting Accreditation Process is similar to the Business Accreditation Process, except it focuses on a school’s accounting programs.
Prerequisites: ACCG 6110 Intermediate Financial Accounting or FMGT 3110 Intermediate Financial Accounting 1 (with a final grade of 65% or greater) and FMGT 4110 Intermediate Financial Accounting 2 (with a final grade of 65% or greater). Please note: If you have taken ACCT231 to replace HMRG241 as a core paper for the BMS, then you can’t count it towards your major; you must instead choose a different Accounting paper. Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. However, competition will be stronger for jobs with the most prestigious accounting and business firms. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.