Sure you have. Thanks for your insightful input even after completing your accounting 1 2 3 4 5..n modules
I will elaborate on some of the learning outcomes of accountancy (what you would do at work)
1. Corporate Reporting
- Record and process transactions and events
- Prepare external financial reports (Statement of Financial Statements, Profit and Loss, Cash Statement, Consolidated Group Statements)
- analsye and interpret financial statements
2. Taxation
- Tax computation and assessments for both corporate and individual entity in Singapore context
- Tax compliance and verification
- Tax planning and advice
3. Audit and Assurance
- Prepare for and plan for the audit process
- Collect and evaluate evidence for audit
- Review and Report on the findings of audit
Most of the calculations are simple arithmatic (plus minus multiply and divide) but the concepts can be rather complex.
The very basics of accountancy is recording transactions (credit and debit) which can be very confusing for new students.
You can easily find the financial statements of any public listed company using google. Take a read (some can go to hundres of pages). Basically that is what you will be dealing with. Need to know how to understand all the mechanics and technicalities.
If you want a taste of accountancy, go find a Financial Accounting (Basic) book from the library hehe
