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What is Accounting? Archive

So you cleared Principles of Accounting and you are now ready to take on the double headed monster known as Intermediate Accounting. Intermediate Accounting is the only two-semester course sequence that you have to go through in order to obtain your bachelor of science in accounting. Because of the depth and breadth of the topics […]

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This week, I am going to cover the area of management accounting (often referred as managerial accounting or cost accounting): a division of accounting that is given little to no consideration by most students majoring in accounting. Little attention is given to management accounting because most students equate their post bachelor accounting career to working […]

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Principles of Accounting ( referred as “P. Acct” from here then on) is the introductory accounting course at the undergraduate level in most US colleges and universities. Most students who have taken this course would agree that its difficulty level is about average. In fact, getting a B in “P. Acct” doesn’t require much effort […]

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