Accounting deals with the recording, reporting and analysis of the financial transactions of a business. Accountants prepare and analyze financial statements, which serve as a useful evaluation of the company’s success or failure. Accountants are the middle-men between business activities and decision-makers. They record data from transactions, and translate it into meaningful information that can be useful to users.
Many people think that accounting is a complex business math class. In fact, accounting is not so much about the adding and subtracting of numbers, but about knowing what those numbers mean and being able to apply and communicate these numbers in a way that is beneficial to business organizations
In NUS Business School, students who are in the accountancy course have a fixed set of modules that they have to take. Unlike those in the business course, they cannot choose their modules for their specialisation.
Below are the core accounting modules that accounting students must take.
ACC1002 FINANCIAL ACCOUNTING
ACC1006 ACCOUNTING INFORMATION SYSTEMS
ACC2002 MANAGERIAL ACCOUNTING
ACC3601 CORPORATE ACCOUNTING AND REPORTING
ACC3602 MANAGERIAL PLANNING AND CONTROL
ACC3603 ASSURANCE AND ATTESTATION
ACC3604 CORPORATE AND SECURITIES LAW
ACC3606 ADVANCED CORPORATE ACCOUNTING AND REPORTING
ACC3611 CORPORATE GOVERNANCE AND ETHICS
ACC3612 RISK MANAGEMENT AND INTERNAL CONTROL
ACC3613 ADVANCED ASSURANCE AND ATTESTATION
ACC3615 ACCOUNTING THEORY
ACC4611 ADVANCED TAXATION
ACC4612A SEMINARS IN ACCOUNTING: INTERNAL AUDIT
ACC4612D ADVANCED ACCOUNTING THEORY
ACC4612C FORENSIC ACCOUNTING
ACC4612E RISK MANAGEMENT TECHNOLOGY
Below are some of the possible career prospects as a Accountancy student