Senin, 05 Mei 2014

Why English is important for Accounting Major

English is a language that can connect two or more people of different ethnicities. Why can it happen? because English is an International language that has been recognized in all over the world. The world is made up of a lot of countries. These countries also use the different languages. Therefore, English can be used to communicate people that have different language.
Since elementary school, even kindergarten someone has been introduced with the English language, as it has been predicted that there will be a global competition in the future. English is very important in all areas/departments, including to Accounting.
Why English language is important for accounting major? The financial statements of a company are not only used by the company's internal but also by external parties such as the government, investors, creditors, and so on. Governments use the financial statements of a company to determine the amount of tax borne that will be paid by the company. Investors and creditors use the financial statements of a company to determine the decision to invest in a company. Investors and creditors not only come from within the country, but also from abroad. By making use of the English language financial statements, the financial statements may be read by foreign parties.
There are some accounts in the financial statements that use the English. If the accounting students do not understand it, how can they process the transactions into the financial statements?

English is essential for all science majors, not just accounting major, but for all majors. With English, accountant can read reports of domestic companies or foreign companies in order not to make wrong decisions.

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