Does accounting or finance make more money?
i go to a 4 year college with a decent business program in NY.. i'm going to declare after this upcoming semester, i enjoy both accounting and finance. i dont plan on doing a double major. which career makes more money and is easier to find a job in? Which one is overall better?
How can I learn accounting for the advanced level?
Advance level accounting can be learn in the universities. Bsc, MSC and PhD levels of training involve learning advanced accounting. You can also learn advanced accounting from Chartered Institute of Accounting. For example, in Nigeria, there is an Institute of Chartered Accountant (ICAN) and the Association of Chartered and Certified Accountant (ACCA). Each countries has a chartered Institute for Accounting studies. ACCA is an international institute.For advanced accounting studies you will learn more on what I referred to as the “Accounting Bible”. That is International Financial Reporting Standards. (IFRS). These standards guide all accountants in the preparation and reporting of financial statements of an organization.
Is accounting hard in College?
Accounting is another language.Is language related to geometry or algebra? Highly unlikely. With accounting, you learn several disciplines altogether, so it's not as easy as reading a book and calling yourself an accountant.Accounting is based on law - contracts and local laws (governing accounting principles), and there are rules to be followed. If you can learn these rules, you are good.If you are good at memorizing exceptions and taking complex terms and simplifying them for non-accounting-speaking persons, you can advance quite far in your career. There is no division or addition or any other math needed in accounting - we have MS Excel, we have powerful ERPs such as Oracle PeopleSoft, SAP (company), that do those calculations for you at the press of a button. Then what are accountants for?Accountants set it all up - well, IT people code it and set it up - and accountants check that it is all running as it should.So, here, you also need to be an IT person in order to work with the systems because they won't audit themselves. Accountants are called upon when things such as Xero or QuickBooks no longer suffice: those systems process and store transactions and display them when needed, but if you need to know how to set up a legal entity so that you don't run into too many tax issues or how to structure your company/subsidiary in another location or how to recognize an international transaction according to the contract - these systems are useless. If you find that one day your actual bank account is $100 but your system says that the balance is $5,000 - you turn to an accountant and you do a reconciliation, you don't ask the system what happened. So, is accounting hard?It depends.If you want to learn it - it's not hard, it's actually quite exciting.If you are not sure about it - I hope you do some soul searching before enrolling into the course.(For better understanding what accounting is about, you can follow Mark Rigotti and Wray Rives and Garrick Saito - accounting is a state of mind, it's not just a debit and credit, otherwise all accountants would have already been replaced by the machines a long time ago).
Is it normal to feel overwhelmed with college classes (going into accounting)?
I'm a sophomore in college and majoring in Business Administration in Accounting. So far my classes have been easy and I haven't had any problems (business classes and general education classes). But I'm now beginning to take actual accounting classes. Most of them aren't a problem except Financial Accounting. Right now we are learning journalizing and how to take account transactions and put them into journals, ledgers, etc. I am aspiring to become a CPA but this seems a little overwhelming. It isn't necessarily hard, it's just that the class is putting a lot of stuff on me at once. It's an online class so it isn't the instructor, just the material. Is this normal to feel a little overwhelmed with classes when you first start out or should I maybe think that I'm not cut out for accounting? I just feel like this should "come naturally" to me, otherwise there is no way I can become a successful and good CPA.
Do college professors make copies of the scantron tests?
hi guys, lets just say i ****** up bad. so now i wanna know if the college professors make copies of the scantron tests that students take. if not, then is there any other way that the professors could find out what my original scantron looked like (cuz i changed my answers..dont ask me why and all that ****. i just wanna get this straight). if they do have a way to trace u back to ur original scantron, do any of u know what it is? guys, seriously, i messed up bad and am freakin out right now. please reply back. any amount of help is appreciated. thanks in advance:)
Where can I take an accounting course?
Without knowing where you live or exactly what you want to know, here are a few ideas:- Most junior colleges offer some kind of "community" or continuing education courses in basic bookkeeping and use of popular small business accounting packages like QuickBooks. (Shockingly, many accounting graduates, even those with Masters degrees, never learned accounting software in college, myself included. I learned from older accountants, continuing education courses and from taking classes similar to the ones described above.)- YouTube: YouTube is not just for sharing videos of cute cats and embarrassing things your friends do when intoxicated. There are loads of videos explaining everything from basic business concepts to how to replace the heating element in your dryer.- Books: Don't underestimate the value of printed matter. You don't need a 900pg textbook from an advanced accounting course to get a handle on your personal or small business matters. Do an Amazon search for "small business accounting" and you will find lots of choices and reviews to help you determine which books fit your needs.- Friends, Family, Colleagues & Connections: Who do you know that knows what you want to know? If you just want a few pointers, someone might trade them for your help picking their fantasy football team or hanging their big TV. If you need more extensive information, offer to pay for some tutoring over a period of weeks.- Professionals: If this is a topic that intimidates you, consider hiring a professional bookkeeper or CPA firm to assist. The good ones will educate you as you go along, explaining the 'why' behind those puzzling closing entries and things like that.