Business Administration is the course of study in which one can do bachelors or masters specialization in any area. Accounting is one of the specializations one can choose to start their career with. Accounting in the field of business administration helps in developing financial management skills to work effectively within private businesses, nonprofit organizations and public agencies. It’s about managing human and fiscal resources within the structure, culture and according to the mission of the organization.
The subjects’ students study in accounting are accounting theory, cost accounting, advance accounting, managerial accounting, accounting information system, executive management, decision making, organization development, budgeting and advanced costing techniques.
Degree in accounting requires both technical accounting knowledge and the analytical and managerial capabilities to apply that knowledge to complex business issues. Accounting is divided into two areas; one is the financial and other is the managerial accounting. Financial accounting involves the preparation and use of accounting information for external reporting. While Managerial accounting deals with the preparation and use of accounting information to evaluate managerial performance and develop the plans and controls accordingly.
Studying accounting opens up the career fields in the banking sector, financial institutions, financial and legal advisory, independent accountant, and professional investors etc.
The subjects’ students study in accounting are accounting theory, cost accounting, advance accounting, managerial accounting, accounting information system, executive management, decision making, organization development, budgeting and advanced costing techniques.
Degree in accounting requires both technical accounting knowledge and the analytical and managerial capabilities to apply that knowledge to complex business issues. Accounting is divided into two areas; one is the financial and other is the managerial accounting. Financial accounting involves the preparation and use of accounting information for external reporting. While Managerial accounting deals with the preparation and use of accounting information to evaluate managerial performance and develop the plans and controls accordingly.
Studying accounting opens up the career fields in the banking sector, financial institutions, financial and legal advisory, independent accountant, and professional investors etc.
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