Over the years people have come to recognise the academic qualities of Accounting as well as seeing it as being a vocational subject too. It therefore rightly has a place in any school’s sixth form curriculum list.
The subject deals with, amongst other things: -
1) The theory and practice of recording financial transactions; 2) The methods used to extract information from that recorded and verifying the accuracy of the extracted information; 3) The interpretation, analysis and comparison of information contained in the produced financial statements; 4) The producing of simple budgets and operation of budgetary control methods; the implications to an organisation of variations from the original budgets; 5)The effect that computers and VAT has on organisational accounting procedures and the effect of social issues on an organisation's accounting decisions.
Are you logical? Can you follow set procedures? Do you like numbers but are not necessarily a maths 'whizz-kid'? Can you cope with simple arithmetic and do you have an eye for detail? If this sounds like you, then this may be the subject for you.
Accounting is a practical subject. It cannot be learnt by reading theory textbooks, practical exercises are required.
