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What is Accounting? Archive

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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