Bachelor of Accounting (Charted Accountancy) (New) at Polytechnic of Namibia

What is Charted Accountancy?

Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854.

Overview

A minimum of 30 points in 5 subjects including at least a C symbol in Mathematics and D symbol in English at NSSC Ordinary Level.

Frequently Asked Questions

What is meant by chartered accountant?

A chartered accountant is an accountant with the specific professionally accreditation of ‘chartered status’. They have studied accounting to a high level and have gained professional experience in the industry.

Is chartered accountancy a degree?

A: Yes, Chartered Accountancy is a recognised professional degree for pursuing a career as a chartered accountant. The University Grants Commission on March 15, 2021 announced that CA qualification will be treated equivalent to PG Degree based on requests submitted from the ICAI.

What is the difference between an accountant and a chartered accountant?

Whilst there are no direct differences between the duties of those labelling themselves as accountants and those who have qualified as chartered accountants, the latter are usually more experienced, more professional and have a greater knowledge and variety in their field of expertise.

Is accounting easy?

Accounting can be a very challenging major and takes four years of serious commitment to complete. With difficult classes, intense curriculums, and very little free time, many international students find that accounting may not be right for them and decide to leave the field.

Which is better accounting or finance?

An accounting degree allows for many more options. Finance majors have courses more focused on financial services and consultancy. Finance is a great choice for those students who want to manage current and future financials of a company or organization.

Is accounting good career?

Accountants play an incredibly important role in every organization, making this a great career for anyone who wants to work in an important position. Salaries for trained accountants are quite high, which means this is an excellent industry for anybody looking to maximize earning potential.

Is accounting a lot of math?

Accounting isn’t hard-core math. It’s basic addition, subtraction, multiplication, and division. Possibly some light, entry-level algebra, but that’s it. You don’t have to understand calculus.

Is accounting boring to study?

People believe that accounting is a pretty boring profession, according to a recent study from the University of Essex. The study did not make absolute claims over what is and is not boring but instead delved into what people perceive as boring.

Does accounting pay well?

The median annual wage for an accountant is well above the national median average for occupations. The top-paying industries for accountants include finance and insurance, management of companies and enterprises, tax preparation, and the government.

Is studying finance hard?

Finance is a moderately hard major. Finance is easier than STEM subjects but more difficult than liberal arts majors. Most students find a finance degree difficult because of the moderately complex mathematics involved, the interdisciplinary approach, and the unfamiliar concepts and vocabulary included in the major.

What is better economics or finance?

Economics studies the prosperity of a society’s goods production on a macro level. Finance studies the organizational methods used on a micro level to increase revenue. Students who prefer empirical research and statistical analysis are likely better suited for economics.

What is a finance degree called?

A finance degree can go by names like Bachelor of Arts in Finance, Bachelor of Science in Finance and Bachelor of Business Administration in Finance. These programs may have slightly different emphases from one another, but all three can help prepare you for generally similar career tracks.

Which is harder finance or economics?

Economics is harder than Finance because Economics uses more advanced math (algebra, calculus, differential equations) to explain more complicated scenarios and processes, making it harder to understand. Keeping in mind the level of difficulty does depend on your interest and skills.

What do accountants do?

Ensuring the accuracy of financial documents, as well as their compliance with relevant laws and regulations. Preparing and maintaining important financial reports. Preparing tax returns and ensuring that taxes are paid properly and on time.

Is accounting stressful job?

Accountants are responsible for accurate processing and reporting of a company’s financial information, and mistakes can incur penalties, or worse. The job often entails long, stressful hours, and sitting at a desk all day isn’t particularly good for your health.