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Accounting » Overview

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Do not be fooled if you think that all accountants do is deal with numbers - it involves far more than number crunching - including a high level of people and systems management, understanding of legal compliance and solid leadership skills.
Accounting

Accounting is often referred to as the language of business and is central to almost all business and managerial activities from securing finance for a new business, helping the business prepare reasonable and true reports of profit and business activity and directing on how best to manage revenues and costs, to listing on the share market. Everyone without knowing it uses accounting in some form or another on a daily basis - accounting is part of quantifying, communicating, and understanding financial activity.

Whether you are preparing a domestic household budget, balancing your bank account, preparing your income tax return, or running a large corporation you are working with accounting theories and accounting information. Parties such as the government, cities, boards of trustees, individuals and businesses all use accounting as a basis for monitoring their resources and measuring their activities. Everyone needs some knowledge and basic understanding of accounting if they are to act logically and efficiently in meeting the demands of our society.

Medium_logo_trustpower_search Rory Sneddon
Commercial Analyst

I started at TrustPower on the Graduate Programme in December 2010. I first started off in the Energy Procurement team as a Wholesale Market... read more »

Medium_darren-chan-120 Darren Chan CA
Financial controller for CSL Limited in Hong Kong

Darren Chan Corporate Finance Manager at Jardine Matheson in Hong Kong What is your current role? I’m the Corporate Finance... read more »

Medium_beb74c70d67cfd680e9dc89e05b2847a Regan Butler
Associate at Grant Thornton New Zealand

Study What did you study? Bachelor of Commerce, major in accounting with a minor in economics. Why did you choose this... read more »