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Australian School of Business > Schools > Accounting > About accounting

About accounting

 

Accounting opens countless doors in the business world, as employers value graduates of this challenging and ever-evolving field. From running a small business or heading up a major corporation, accounting makes almost anything possible.

 

How does accounting make an impact?

In a broad sense, accounting makes sense of numbers. It involves:

 

  • Managing economic resources and activities. This is done by measuring and interpreting financial data and communicating the findings to those who need to know.
  • Developing innovative information systems.
  • Keeping on top of an organisation’s finances to ensure it achieves its goals.

 

Accounting helps businesses better manage their people, products or services, brand and customers.

 

Just ask our researchers Dr Maria Balatbat, Associate Professor Mandy Cheng, Associate Professor Wendy Green and Dr Yee Phua. Their research has shown that accounting can also help businesses be more sustainable and tackle climate change.

 

What do accounting courses cover?

When you join Australasia’s leading accounting research school, you’ll discover how business owners, managers, shareholders, creditors and governments use financial information to function and flourish.

 

You’ll learn about:

 

Financial accounting

 

  • Prepare legally required financial statements
  • Analyse and interpret financial statements
  • Carry out complex financial transactions
  • Learn about different reporting entities, including multinational enterprises and international reporting diversity

 

Managerial accounting

 

  • Design and run accounting information systems
  • Create budgets
  • Discover benchmarking
  • Set strategies
  • Evaluate financial performance

 

Auditing and assurance

 

  • Evaluate internal control systems
  • Add credibility to reported information
  • Assess an organisation’s risk
  • Improve a company’s corporate governance process

 

You’ll also be exposed to e-business and use accounting to address the changes and challenges of a globalised, digitised world.

 

Why study accounting?

Accounting is the backbone of business and your ticket to a vibrant career. You could work as a financial analyst, taxation officer or specialist, forensic accountant, manager, banker or entrepreneur. Where will an accounting qualification take you?

Two female students listening in class

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