Business Essay: Accounting Students

Business Essay: Accounting Students

The purpose of the present essay is to briefly discuss some of the challenges faced by commerce students today, in particular those majoring in accounting. From a mathematical ability point of view, accounting is somewhat easier than finance. For example, financiers must learn more complicated mathematical formulas than accountants, in general. However, becoming a professional accountant remains far from being a piece of cake… and takes a lot of time in our humble opinion.

In Quebec, Canada, there used to be three designations in the accounting profession: CA, CMA and CGA. Nonetheless, the professional orders are working on simplifying the equation (no pun intended!) to converge on a single certification: CPA. Indeed, across Canada, each province has its own regulatory bodies overseeing and overlooking the profession. Students are often advised to verify with these organizations whether the programs they are enrolling in, and specifically the courses they take, correspond to the prerequisites to obtain the desired certifications.

Business Essay : Accounting Students

So you want to be an accountant? What does it take? At least in Quebec, the mostly French speaking part of Canada, becoming an accountant usually requires a combination of completed undergraduate studies and professional experience. A bachelor of business administration (BBA) with an accounting major, plus work experience at a recognized CA firm should fulfil the requirements of the professional order, but one is advised to find out for oneself on the respective regulating bodies’ Websites.

Indeed, students pursuing commerce, business and management studies are faced with many challenges, in addition to the opportunities and doors a business degree naturally entails. While a university degree clearly confers advantages, academic success does not necessarily guarantee acclaim in the job market, especially if the degree is from an institution with dubious credentials or low rankings. Thus, the aim of this paper was to briefly go over some of the main questions addressed by students studying business and commerce today, from an academic perspective.