What You Should Know About Accounting

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    Career tips


    Accounting is such an old trade. The earliest accounting records were found among the ruins of ancient Babylon, Assyria and Sumeria, which are more than 7,000 years old. The people of that time relied on primitive accounting methods to record the growth of crops and herds. In today’s fast-paced environment, accountants are also expected to do forecasting, financial planning and evaluation.

    Accountants are needed in virtually every business cum non profit establishment anywhere around the world. Thus, this opens a world of opportunities for young people who want to study and practice accountancy as a career.

    Areas of Specialization

    1. Auditing
    2. Banking and finance
    3. Financial management
    4. Taxation
    5. Information management system
    6. Marketing
    7. Insurance

    Skills needed to thrive are:
    1. The ability to read wide
    2. Trustworthiness
    3. Good communication skills
    4. Flair for calculation
    5. Time management
    6. Ability to adapt in any environment

    Entry qualification:
    B. Sc in accounting or HND in accounting, ICAN, ACA.

    Where accountants work include but not restricted to:
    1. Auditing firms
    2. Finance house
    3. Taxation office
    4. Public corporation
    5. Ministry and Agencies of government
    6. Bank
    7. Multinational companies

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