Accounting is your gateway to a world of exciting opportunities. It is the language of business that is essential to investment and managerial decisions. Mastering this language, learning the framework and exploring emerging technologies to tackle big data will provide the edge you need to succeed in today’s complex global business environment.
An Accounting major will give you a solid understanding of the main accounting fields:
- Financial accounting: Providing financial information to external stakeholders including investors, creditors, and regulators;
- Managerial accounting: Providing information to managers to make effective operating decisions;
- Auditing: Attesting to the fairness of information prepared by the company;
- Taxation: Understanding tax rules and applying them to tax compliance, tax planning and global structuring.
Accounting is also available as a concentration for students who wish to have a basic understanding of accounting but do not intend to become a professional accountant. Good knowledge of accounting is especially important for careers in finance and helps students in other majors build financial literacy. This can help you to better interpret financial information and understand the business environment.