| What is Accounting?
Accounting is a special language used by businesses to quantify their economic events.Accounting provides information about the financial performance and position of an organization. If you study accounting, you are learning this specialized language. By learning this language, you can communicate and understand the financial operations of the organisations.
Why Accounting is Important?
The history of accounting dates back to the ancient civilizations of the Sumerians in Mesopotamia, and the Egyptian Old Kingdoms. The father of Modern Accountancy, Luca Pacioli, included 27 page treatises on bookkeeping. His book was first printed and published in Italy in 1494. This shows the presence and historical significance of Accounting profession, and its role in the growth of many civilizations in the past.
Accounting is the backbone of any business. A business cannot survive and flourish without having proper accounting records because if you don’t know how much you owe and own, you will find yourself in serious financial constraints. Even in this turmoil period of recession, the skills of accountants are high in demand, with heavy emphasis on the cost cutting and creating economic efficiencies.
Accounting skills are needed in every business activity. All forms of profitable and non-profitable activities require accountants to document and verify the financial transactions. The demand of certified accountants is increasing with the growth of the public and private entities.
There are many opportunities for Accountants with a certified professional qualification. you can have the opportunity of working in any sector of your choice, be it public practice or public sector, financial services or corporate sector. As an accountant, you get an access to a broad range of complex and interesting roles.
How Preston University can help you?
Preston University is a dynamic organization which seeks high standards in teaching quality and academic administration. The students are provided with high quality instruction and guidance. The main features of accounting department in Preston University are:
- Highly qualified and professional team of instructors.
- 60 Hrs of tuition plus revision and mock exams.
- CBE revisions
- Well equipped library with internet access
- Approved CBE centre of ACCA and CAT
- Counselling and exhaustive exam guidance
- Mosque and separate prayer room for girls
- Separate Common room for boys & girls
- Gymnasium and Indoor games
- Extracurricular activities
- Transportation facility