What is Accounting?

Accounting is the process of keeping track of financial accounts, ensuring the flow of money and handling all money matters.

Are you a stickler for the rules? Someone who always finished and handed in his homework on time. Are you an honest person who believes that ‘honesty is the best policy’? Are you good with numbers and calculations when everyone wanted to borrow your maths homework in school, but you being the honest person that you were, said no? Do you want to be considered successful and professional by friends and family? Well, if this does sound like you, then read on as we meticulously in...

Are you a stickler for the rules? Someone who always finished and handed in his homework on time. Are you an honest person who believes that ‘honesty is the best policy’? Are you good with numbers and calculations when everyone wanted to borrow your maths homework in school, but you being the honest person that you were, said no? Do you want to be considered successful and professional by friends and family? Well, if this does sound like you, then read on as we meticulously introduce you into the rich world of accounting.

Accounting can be said as the backbone of any business because that’s what sustains it. Keeping track and inspecting financial accounts for companies, government groups and individual clients are some of the responsibilities of an accountant. Some are self-employed while others work for large firms with offices across the nation. Basically, you handle money, and lots of it.

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What are the subjects covered under Accounting?

Principles of Accounting

Mathematics

Trading

Basis of Economy

Accounting

Business Law

Taxation Law

Company Accounting

Organisations and Management

Accounting Systems

Management Accounting

Professional Practice in Accounting

Ethics, Sustainability and Culture

Business Statistics

Strategic and Sustainable Accounting

Auditing and Assurance Services

Accounting Theory

Financial Management

What you need to get on a Accounting course?

Degree in Accounting

The basic requirements that you’ll need to meet to pursue an Accounting Degree are

A-Level : Minimum of CDD

STPM : Minimum 2C+s

Australian Matriculation : Minimum of ATAR 65

Foundation in Business or Foundation in Arts : Minimum CGPA of 2.50

Asasi or Matrikulasi : Minimum CGPA of 2.50

How does your education pathway look like?

What skills do you need for a Accounting course?

Eye for detail

If you’re a detail-oriented person, you pay attention to the little things. That means you may like sharp creases in your jeans and crisp shirts, but it goes beyond attire or an obsession with making lists. It means you’re conscientious and focused on accuracy and precision. You pride yourself on being a perfectionist. You’re also patient and persistent in pursuing answers to challenging questions.

Inquisitive

Your primary responsibility as an accountant is to safeguard your organization’s assets. That means you can’t take anything at face value. Your job is to question everything and then be willing to dig in and investigate – to do the research necessary to find the answers and resolve discrepancies. For the curious-minded, this can be satisfying work, particularly when your ability to overcome a challenge results in success for your company or clients.

Good communicator

Bet you thought accounting was just about math. While it is a numbers-based profession, real-world business problems do not present themselves as mathematical equations, even if math is required to solve them. You need to be good with words – a careful and critical reader, and a good oral and written communicator, able to present and explain financial data, new regulations, financial results and business projections.

Follows rules

Do you believe in following rules even if you don’t agree with them? Accountants must follow lots of rules, principles, tax codes, and regulations governing what data to report and how to report it. While it is okay to be creative in terms of how you set up spreadsheets or develop presentations, “creative accounting” – or making up your own rules – is not.