Question

Can someone give me a quick rundown of what an accounting major will learn?

Answer 1

uhhhhhhhh, accounting?

Answer 2

My prejudiced-impression of it is someone that writes down all the payments and investments of a company (Financial records), and that's it.

Answer 3

https://www.internationalstudent.com/study-accounting/what-to-expect-when-studying-accounting/

Answer 4

Oh wow, they have to learn laws

Answer 5

"BOSS, WE CAN'T DO THIS OR ELSE WE'LL VIOLATE ARTICLE 5 SECTION 2.3 IV (a)"

Answer 6

Accounting I beleive covers a wide variety if things anything from acxount finances to stocks

Answer 7

Provides financial information to management by researching and analyzing accounting data; preparing reports.
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents.
Maintains accounting controls by preparing and recommending policies and procedures.
Guides accounting clerical staff by coordinating activities and answering questions.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing database backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains customer confidence and protects operations by keeping financial information confidential.

Answer 8

Okay so after reading that, it looks like it boils down to just 4 things:
1. Prepare presentations for financial stuff
2. Document all financial stuff in excel
3. Recommend which financial thing to do
4. Know finance laws and tax laws

Answer 9

That sound painfully boring to me e.e
Could be your thing though
Im not really contributing to your question
Ok bye

Answer 10

My friend is planning on taking it, so I'm trying to get a gist of what they'll go through. I'm staying in Data Science.

Answer 11

I know @Hero has some experience with accounting.

Answer 12

Smart idea @mhchen

Answer 13

What's accounting like to you Hero?

Answer 14

Something not to major in unless your plan is to become a CPA

Answer 15

Okay well was it difficult?

Answer 16

I tend to stay away from things that require you to know the law in order to be able to do business with others. It's one thing if I make a mistake and it's my fault and only I alone suffer from it. It's another thing if you screw up someone else's statements and then their business suffers as a result. You're perfectly capable of learning it. It'll probably take the same amount of time to be fluent with CPA as you would with just sticking to Data Science. Stick to Data Science is my recommendation unless you have close ties with CPA such as family or close friends who you can trust to ask for advice or support regarding it.