Those students who are interested to study finance, business, and commerce with good analysis and numbers in business, accounting is the ideal field. In this specialization you’ll learn about analysis, measurement, communication and process of financial information into a variety of concerned parties including management, investors, regulators general public and creditors in order to facilitate adherence and improvements to build guidelines and rules.
Course structure & entry requirements
Accounting is the process of recording, classifying, summarizing, communicating and interpreting. accounting is a multidisciplinary subject drawing from fields such as statistics, information technology, economics, law, and business. Accounting students gain advanced practical and theoretical knowledge of finance and accounting such as CIMA sage.
At undergraduate level, accounting degrees are offered as Bachelors in Accounting, Bachelor of Accountancy (BAcy, BAcc or BAccty), Bachelor of Accountancy, Bachelor of Arts (BA) in Accounting, Bachelor of Accounting Science (BAccSci), Bachelor of Science (BSc) in Accounting, Baccalaureus Computations (BCompt), Bachelor of Commerce (BCom) in Accounting, Bachelor of Business Administration (BBA) in Accounting. Accounting degrees are recognized by national level accountant, relevant professional body, Association of Certified, Chartered Accountants, Chartered Institute of Management Accountants, American Institute of Certified Public Accountants and Institute of Financial Accountants. Some universities or institutions prefer students with the good knowledge and strong background in mathematics.
Specialization in Accounting
There are many specializations in accounting degrees depending on your interest. Degree in accounting majorly divided into many specializations available in each field.
Financial accounting: This specialization is the major branch of accounting, in order to periodically, analyze, collect, summarize financial information in statements and reports.
Management accounting: This specialization includes analysis, reporting, and measurement of internal accounting information within the organization.
Auditing: This specialization involves assessment and analysis of organization or company’s financial statements, documenting and creating a plan and financial activity file.
Taxation: In this specialization, you’ll learn about policies of taxation, laws, and history of basic concepts and taxation such as deductions, credits, gross income, adjusted gross income, exemptions, and exclusions.
Forensic accounting: This specialization is suitable for use in a court of law. In this specialization, students will learn about legal aspects of accounting and techniques.
Careers in Accounting Degrees are varied and wide, as with most arts and humanities subjects. Following are the career options available in Accounting Degrees:-
- Trainee accountants
- Accounts assistant
- Personal financial advisor
- Investment analyst
- Purchase manager
- Financial analyst
- Cost estimator
- Budget analyst
- Tax adviser
- Credit consultancy