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Accounting is the general name given to the recording process of financial transactions along with recording, ordering, taking, summarizing and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to fulfilling these tasks. Accounting is a 4-year undergraduate department taught at universities within the scope of the School of Applied Sciences.
Prospective students aiming to include this department in their university preference lists by aiming to receive education on accounting;
Foreign Trade Transactions,
Financial Statements and Analysis,
It means that they will be responsible for many courses, especially during their 8-semester education period. Students who successfully complete all these courses are entitled to obtain a "Bachelor of Accounting Diploma".
Accounting graduates focus on providing the management of a company with the knowledge necessary to keep the business financially healthy. While some information comes from recorded transactions, many of the analyzes and reports contain estimated and projected amounts based on various assumptions. Generally, this information is not distributed to people outside the company's management. A few examples of this information are budgets, standards for controlling operations, and estimating sales prices when quoting new business.
Graduates who have successfully completed their accounting education will have a number of job opportunities when they enter the business life.
Finance Departments of Companies,
Financial Advisory Offices,
Private and State Banks,
It has business opportunities such as Economic Investment Companies.
Considering the technologies affecting the accounting profession in the 21st century, the skills and equipment of professional accountants who want to be successful in the digital age are quite extensive.
Forward-looking accountants must have both theoretical and practical data and analytical understanding. This includes how to compile and analyze historical or current data, as well as performing forecasting analyzes and determinations of future financial data.
In the future, accountants will need to develop financial solutions using their business acumen and contribute to their business at a strategic level. In order to adapt to the future, competency in data, project and risk management, as well as data analysis, technology and process design, will be among the required qualifications.
Digital intelligence includes awareness and application of existing and emerging digital technologies, capabilities, practices, strategies and culture. We cannot expect accountants to use the same software for the next ten years. They must be ready to understand and use new developments.
Creative thinking ensures that you won't lag behind in the exciting new era of digital discovery. Creativity in the accounting industry includes exploring potential outcomes, making new connections and generating new ideas.
Information is useless if it is not shared effectively. Analytical skills become dysfunctional if you are not able to deftly communicate the given information. Accountants must therefore develop their written and oral communication skills in order to present their analysis in easy-to-understand documents. Technology can do many things, but it cannot replace human interaction in business transactions.
Many accounting operations will be handled by digital systems, so accountants will have more time to make strategic decisions. Today, their participation in strategic decision-making processes in organizations is increasing.
It will become more and more important to foresee the future, guide the strategic planning process, guide decisions, manage risk and monitor performance.
From automation to blockchain to big data to cloud, accountants who are keen on new technologies and need to advise clients and businesses on how to make the most of the latest technological advances need to be aware and disciplined. For this reason, accounting would be a suitable profession for a person who has these characteristics.
Being a strong communicator
Being flexible and strategic thinker
Ability to create strong business connections
Being someone who is not afraid of change