i suck at math should i major in business

The Decembalance of equipment (at cost) restated to reflect Decempurchasing power was 25 million schillings. A full year's depreciation was taken in the year of purchase. Equipment costing 4 million schillings was acquired on January 1, 2001.

The equipment was being depreciated over a five year period on a straight line basis. 'The Grax Company's historical cost balance sheet showed equipment (at cost) of 20 million schillings on Decemand 24 million schillings on December 31, 2001. you must be able to see the math that is there in order to understand the concepts and solve the rather complex problems. Upper division accounting courses (usually numbered 300/3000 or above) are math intensive by foundation. The numbers become you're language in accounting-if you're not comfortable with something as simple as a derivative, you're probably not going to be able to interpret the large amounts of data contained in a financial statement. A lot of the research that accounting professors do tend to involve substantial amounts of economic and financial theory.īack to the original post, even though the introductory level stuff only requires basic math skills, you really do need to be very comfortable with numbers to study accounting. Those who pursue accounting working with standard setters or in a teaching capacity tend to deal with extremely advanced math. While the answer to a question may be simply to divide A by B, you may spend hours figuring out that A/B is the proper treatment. It involves a lot of analysis and understanding of an obnoxious amount of rules set by various standard setters. In many respects, Accounting has much more in common with Law than it does with Finance. The complexity in accounting comes from dealing with large amounts of numbers, understanding and interpreting them and knowing what to do with them. As you move onto higher level accounting courses, the math gets a bit more complicated, but most of it is still somewhat basic. The math involved in accounting as the introductory level is very basic however, you have to be comfortable with working with numbers.

I suck at math should i major in business