An accountant’s job entails working to ensure that business firms and individuals are keeping good records and paying taxes properly and on time. The SEC has established it own set of accounting standards and with the economy the way it is today they really have their hands full with this. Our Master of Accountancy (MAcc) program is consistently ranked among the best programs in the nation and will equip you with the hard accounting skills needed to succeed as a CPA or in a senior financial position. If you fail more than 30 points you will not be permitted to proceed with the degree. Please note: If you are taking Accounting as a second major for the Bachelor of Electronic Commerce, then MSYS319 may be replaced with another paper ticked as available for the subject. Students obtaining a degree in business administration are able to choose from 10 concentrations to prepare for a career in the field of their choice.
Edmonds Community College is well known throughout the region for its strong accounting programs. The case studies are used to reinforce accounting concepts in a computerized environment. At Waikato, you’ll get hands-on experience with specialised accounting software such as MYOB and Xero. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting. If taken concurrently, the Principles Governing the Awarding of Multiple Credentials will be in effect.
As you progress through your studies, the courses you will take will reflect the degree you are registered on, ie whether you are taking the Single or Combined Honours programme. As an accounting professional, you will face multifaceted workplace settings and diverse functional responsibilities. Accounting may be taken as a major for the BMS(Hons) and as a subject for the BBA(Hons)(Fin), MMS and MPAcct.
You can’t expect to be able to walk into a shop, pick an accounting program off the shelf and expect it to work effectively. One final criticism is that when compared to the U.S. Generally Accepted Accounting Principles, the IFRS is weak and would be taken advantage of by people looking to abuse the system. Independent, private, non-governmental authority for the establishment of ACCOUNTING principles in the United States. Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. DEBIT: A debit is used in Double-Entry accounting to increase an asset account. An accounting officer who is removed from office must consider the reasons for his removal.
Some employers may prefer applicants with an advanced degree, either a master’s in accounting or a master’s in business administration with a specialization in accounting. A few states allow a number of years of public accounting experience to substitute for a college degree.