The first year of tertiary studies and their exposure to what is the first year accounting curriculum can be the deciding factor that influences whether students take on more accounting courses and subsequently pursue accounting as a career. Even if this were not the case, it is important that a student deciding to follow a career in the management, business or commerce area should get a sound foundation on the significance of understanding accounting information and the ubiquitous role that it plays; that is, its importance not just from a purely business perspective but also its role in wider society. The importance of being able to understand financial information to be a more effective manager and decision maker cannot be underestimated as it permeates all facets of business.
This article is from the Accounting Instructors’ Report, an electronic journal that provides teaching tips and insights to those who teach accounting and other business courses.
Contributors: Mary Low, The University of Waikato
Graham Francis, The University of Waikato