how essential is maths in becoming an accountant?
Am I being unrealistic in wanting to become one if my maths isn’t at ‘grade A’ standard? I just need to know how much an accountancy career is based upon maths, because some tell me that its all about maths, where as others tell me that computers do most of the hard work. I would really appreicate some answers to my question. Thank you
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its computers and maths and english u need all of thm
Well computer does some of the hard work in Accounting but you will need to use your brain in maths aswell it will probably mean a C and above grade so just keep trying hope tht helps
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how essential is maths in becoming an accountant? Am I being unrealistic in wanting to become one if my maths isn’t at ‘grade A’ standard? I just need to know how much an accountancy career is based upon maths, because some tell me that its all about maths, whereas others tell me that computers do most of the hard work. I would really appreicate some answers to my question. Thank you
You have to understand the underlying components of how you come to the figures. So yes, you need math, you have to understand how it works, but once you become an accountant you won’t necessarily have to do all the equations longhand…you also have to learn about local and federal law, etc. etc. From what I’ve heard it’s not super-hard however you have to be willing to work hard and keep your grades up so you can get to a point where you’re using software to do the math for you.
I am a financial tech which is a mix of accounting, AP, and AR. A lot of the job is done with computers and the “ten-key” (calculator) but you have to know the math to know that the answers you come up with make sense. English is also very important as you will have to document a lot of your activities and often need to communicate with others about what you are doing. Even when you use computers there is math to be done, like if you want to make a spreadsheet in Excel you have to be able to put in various formulas to calculate your figures. Still, the most important thing is the ability to input data accurately, and to be able to check your work for mistakes and find them well.
wow, thanx guys - thats really helpful. More comments would be much appreicated too :D
yer i’m a assistant management accountant. training to become a accountant and i have only got a C in maths, ok could of ot better if i tried, but i suppose everyone can say that.
ajw30 wrote:
yer i’m a assistant management accountant. training to become a accountant and i have only got a C in maths, ok could of ot better if i tried, but i suppose everyone can say that.
is that at GCSE, or in another qualification?
Gcse, i’m currently studying, cima, which you can enter at foundation level. or for more a better introduction in accounts, aat is good. i have a-levels as well, but not in maths. business studies. hope this helps, but always try to get the best grade possible. i’m wasn’t the brightess kid at school. but common sense goes a long way.
wow thankyou! its nice to have a lot of encouragement - i keep on getting told by my dad that i cant do it, but i’ll guess i’ll just have to prove him wrong :D
well. i’m in the uk. well tell your dad to read this. his just looking out for your interest, an i don’t want to give you false hope, don’t get me wrong, its not easy at all, as is taking alot of time a effort, but if you want it bad enough, well you should get it.
how old are you. got any question please feel free to ask
I’ve just turned 17, which is kinda the reason why I’ve started seriously considering it cause next year is my final year at school and I need to consider what I’m gonna study at university. Ideally, I’d like to do a degree in something along the lines of accounting and economics and then just see where I go from there - I’ve done economics at AS and will definatley do it for A level. I’m also doing english literature and psychology. I dont know what I’ve got yet though cause my results dont come out until next thursday. Is it really important to get chartered if you want to become really sucessful? does it make a big difference - and how do you become a chartered accountant?
not really there is just a different, cima is management accounting, what i’m doing, See aat goes onto acca,so there all the same really cima and acca, or the same, but u have to look on to what good for you.
experience is key to accountancy, i got an interview tomorrow for an assistant finance accountant. which will help me with my studies. which is the most important thing.
if you can’t get a trainee accountant course, an you don’t decide to go univeristy. then i would recommend that you try an get a trainee job in purchase ledger, as this will give you more exposer in account, as the way it works. credit control is good, but purchase ledger would be better. trust me as i did both. lol
by the way i didn’t go uni either. so you can do it without a degree, but your degree enter you at intermediate level, where i’m starting foundation.
keep up the good work, sound like you got your head strewed on so don’t waste it
good luck in your interview! thank you for your help - I really appreciate it. Some wouldnt agree with the statement that I have my head screwed on correctly :D i guess i’ll just have to keep on going. I’ve heard its fairly competitive, but I guess most things worthwhile are. Thanx again :D
thanks good luck my friend
If I were you I would try to obtain a list of the criteria for the accounting degree from the university you want to go to so that you can look over the classes you will need to take. Look for the classes that you think will be hardest for you and then research those classes a little more. Determine whether you believe that you have the determination to work through the very difficult classes. If you are willing to take the classes, then you will be a good accountant.
I’ve already done that - and all the unoversities differ concerning mathematical level, but most of the classes go along the lines of statistics, law in accounting and stuff like business finance. Some universities are really flexible with their classes - at some its just a case of how much maths you want to do. But at others, the maths is really complicated. The reason I’m really worried is because people have told me that you NEED to be excellent at maths, whereas others have told me the complete opposite, so I’m just quite confused. My concern isnt necessarily getting into a university to do it, but being good at it once I get out.
If you pass the classes, you will do wonderfully on the job.
You’re going to be an accountant, not a physicist. Besides, once you’re doing it every day, it will only get easier.
Yeah i guess, its just that some people have told me that its essential to have a “natural appitude” for it, which I personally think is a load of poo…but i was just worried that i may be wrong. I guess the obejective of studying things is to become better at them, and to not necessarily be very good at it before you start…i more than understand that it will be difficult, but I’m more than prepared for it. Everytime someone has told me I can’t do it, its acually made me want to do it more, which is kinda weird for me :D o well
If you want to be come a foresic account, you also have to use logic. That is how they caught Al Capone, accounting logic.
i would prefer to do something like corporate accounting, to be honest. But I guess forensic isnt out of the question right now. thanx for the help
Also how do you think the government caught ERON!?
…why does it matter?
I do not understand what it is that you are asking? I do not understand, “Why does it matter?”
….why would i need to know why the government caught eron? i guessing you mean that they cought them with foresnsic accounting techniques or something to do wth it…
Foresic Accounting, remember me talking about Al Capone? He was caught through foresic accounting. The government saw things were not quite right, Eron was cooking the books and destoring documents that had to be reconstructed through foresics accounting. A lot of little investors were hurt because of what Eron did.
yeah. I guess the forensic guys are the really clever ones then! it must be a really interesting job though. They must get paid a bomb…
Usually they work by day as regular accountants, at night they become SUPER ACCOUNTANT, tada! There are cases were you could work with the GAO (Government Account Offices), usually with the Congress, Senate, FBI, NSA, CIA, doing analytical analysis for those departments. Pays excellent wages, one of the things too is that you would get one of the best medicals out there, travel on someone else’s dime, thirty years and out. Still be young enough to start your own accounting firm. The best thing would be, you do not have to live off from what you make, so you can be decent as far as charging for the service to get and attract business to your accounting firm.
I struggle in maths and barely managed to pull off a B in the class but i failed the final. Stuff like this gets me down about pursuing a career. Almost all high paying careers nbeed maths. I need some advice and motivation.
I have a confession to make, by nature I am an IT type person. Yes, I needed math, those are the classes I did first to get them behind me. What I found I needed was the following:
Logic
Boolean logic (the use of OR, AND, NOT to make decisions)
Syntax (structure of language, whether it be spoken, written or coding for computers)
algorithms
An eye for detail(same as what is needed for accounting)
As far as entering mathematical formulae or figuring mathematical formula out usually not up to the programmer anyway. They just have to know how to break it down to be computer usable.
I have an Uncle, never spent a day in University, in fact was a high school dropout. He went to the United States Air Force, tested out for Electronics, RADAR to be a matter of fact. Worked 12 years for the Air Force, he decided to take a civil service exam for a government position as a government RADAR tech. He had this plan, if he took it and did not pass the exam he would just simply stay in the Air Force, if he passed and he got the job he would simply roll over to the government position. As it would have it he passed, he was offered and he took the position as RADAR Tech. He ended up going to Germany, fortunately his wife was born in Austria and came here to Oklahoma. It was no problem speaking Austrian she also spoke excellent Austrian. Needless to say after 30 years he retired to a good retirement pay, medical and most of all retired a Lieutenant Colonel, which is one step below a General from the reserves. Unfortunately he did have a high degree of MATH skills because he needed it for the type of work he did. By the way he retired as Europe’s Head man for the US of A governments TOP RADAR TECH.
Hi i was wondering i want to become a Accountant in the future i have already sat my GCSE’S nd obtained a C… i was wonderin wat other qualifications i’d need to become a Accountant… would i need to take maths as a Level? what subjects would i need to take for my a Levels… Urgent repliess pleaseeeee
Math for an accountant is limited to being able to add, multiply, subtract and divide. If you an do these reasonably well in your head, and dont worry..u will always get help from excel, calculators, watever, then you are fine. Accounnting is basically a dumb mans job! More than maehtmatics i think wjat you require is putting up with endless politics, ******** and tons and tons of patience.
Does anyone know though if you will get hired as an accountant if you do not pass the CPA exam?
And anyone in Michigan? I’m looking for a good accounting school in SE Michigan, all the university websites seem to me like doo doo.
Math and accountants.
Think math.
Numbers.
digits.
computer screens.
accountants.
very easy.
how can i be successful in studying accounting
India is experiencing a huge economical shift. Globalization, privatization & economic reforms have changed the needs of skill set by manpower. Telecommunication, Banking, Insurance & Finance have brought in a new dimension to the skills needed in the executives & managerial people. The style & approach towards work has changed drastically. People with good knowledge & aptitude, having practical experience and good flair of business communication & ethics are the most desirous in the industry. Accountants are no longer needed, Accounts professional in the buzz word. Accounts professionals having computerized account know how, Banking, Auditing, Cost management, taxations, Company Laws, Investment, Payroll management are the executives in demand and being paid heavily.
If you don’t like maths or aren’t particualrly good at it i wouldn’t reccoment a career using figures. chartered accountants here in the uk (i.e the professional, high earners) will tend to have a degree in a numerate subject or accountancy itself
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