05 misconceptions about the Accounting - Auditing profession

Accounting - Auditing is an important industry in the economy and has an indispensable position in businesses, considered as the "lifeblood" of the business. That is why Accounting - Auditing is always in the Top of the "sought-after" majors. However, there are still many misconceptions that greatly affect the Accounting - Auditing industry. The following article will "decode" the misconceptions and help readers have a more correct view of the Accounting - Auditing profession.

MISCONCEPTIONS ABOUT ACCOUNTING AND AUDITING PROFESSIONS

1. Accounting and auditing is a boring job with no creativity.

Accounting and auditing involve a lot of documents, books, certificates, etc., so objectively speaking, this job is quite dry with a work process that can repeat the same operations over and over again. However, that is just the general nature of the job.

In reality, in the conditions of a market economy and international economic integration, accountants must be creative in their work while still ensuring the scientific and legal aspects of their work. Accountants and auditors must also interact with many different subjects such as: Business owners, banks, tax authorities, insurance agencies, customers, employees, etc. Therefore, it requires flexibility in communication skills, teamwork, situation handling, etc.

In addition, Accountants and Auditors must ensure: Sharp thinking, good calculation ability; diligence, hard work; carefulness, meticulousness, and the ability to work independently.

Accounting is one of the necessary professions of the times, never worry about unemployment.

2. Accounting and auditing is a not-so-pleasant subject.

Accounting and auditing are professions that mainly work with numbers. However, numbers in accounting are only used for calculations such as “addition”, “subtraction”, “multiplication”, “division”; there is absolutely no “integration”, “differentiation”… so the implementation is extremely simple.

In addition, during the learning process at the lecture hall, students also learn additional subjects such as information technology and new technology applications; which can be applied to work and make calculations easier.

Surely when pursuing a career in Accounting - Auditing, you will realize that the interesting thing about this profession is that numbers "talk" and speak the language of business. Something that not all professions can see.

3. Good accountants must know how to do “magic” with numbers to help businesses evade taxes.

A good accountant must first of all be someone who knows how to protect the business from financial risks. Money of “unknown origin” will be the seed of unpredictable “disasters”, which can lead to the collapse of the business or the possibility of the business owner getting into legal trouble later.

Evading insurance for employees is an act of sowing bad seeds for business owners and accountants themselves. Therefore, a good accountant cannot be the one who blindly acts recklessly, regardless of the law, causing the business to suffer legal, financial and karmic risks.

4. Accounting and Auditing is a combination of two conflicting fields.

Accounting is the process of observing, collecting, reflecting, inventorying, and managing the capital, assets, and finances of a business. Auditing is the job of checking the honesty, objectivity, and accuracy of financial information. This means that the function of auditing is to analyze and check the accounting activities of the business.

In fact, these two fields are not at all opposed to each other. The relationship between accounting and auditing is a close and legal one. Accountants must demonstrate their professionalism before any audit or tax inspection. Accountants must be the ones who have a firm grasp of the regulations of such inspections and examinations as well as the knowledge of auditing to be able to recognize any violations (if any) of the business.

Dai Nam University focuses on the quality of training in Accounting.

A professional accountant must be able to answer all questions from an auditor or tax inspector. At the same time, an auditor cannot perform the task of examining a client's books and documents without having a concept of the principles of balance sheet presentation.

Therefore, Accounting - Auditing can be called a field and is often considered a subject in the curriculum at universities of finance - accounting or economics.

The luggage of a future accounting expert who is well-trained in university is formed from 80% of accounting knowledge sources and 20% of auditing, analysis and inspection knowledge. This is a special feature in the design of accounting and auditing training programs at universities.

5. Businesses only hire people with many years of experience.

The experience in the learning and working process of accountants and auditors is an important criterion for employers to choose human resources. New graduates, when seeing the recruitment requirements of many businesses as "prioritizing candidates with experience", become discouraged and do not dare to send their resumes.

In fact, things are not as serious as many people think. Currently, most Accounting students practice on specialized software from the second year; experience reality, internship at enterprises from the third year of university. During the study process, students also have the opportunity to participate in professional clubs, professional competitions; share learning experiences and implement their own accounting software on Excel or some other platform to solve accounting exercises.

Having a solid grasp of expertise and professional skills helps students create an impressive resume. This is also the highlight that helps employers identify the “difference” between other candidates.

Reality has proven that many new graduates have been selected and worked at large enterprises or prestigious foreign-invested companies.

WHAT DO STUDENTS GET WHEN STUDYING ACCOUNTING AT DAI NAM UNIVERSITY?

The Accounting training program of Dai Nam University has built and effectively implemented the "core course"; training with the motto "Application of information technology in accounting training towards entrepreneurship and innovation".

Right from the first year, students practice accounting - auditing, Excel accounting, practical accounting on popular software suitable for today's businesses right at the School's Accounting - Auditing and Banking Finance Practice Center.

Students practice their skills right at the School's Finance - Banking - Accounting - Auditing Practice Center.

Modern, dynamic, friendly, and experiential learning environment aimed at comprehensive human development. Every year, students participate in many movement activities and social responsibilities such as: Love cakes, traditional camps, charity, volunteer activities, sports...

Nearly 30 student clubs are active, diverse in genre and form, helping students freely express their abilities and interests, accumulate knowledge and experience, and expand their network of friends.

DNU Accounting students study in a modern, dynamic environment.

Students confidently assert their expertise and skills at the Accounting competition organized by the Faculty of Accounting.

Students can study with complete peace of mind because the faculty of Accounting are all excellent teachers, PhDs, Masters, practical and dedicated lecturers who have standardized pedagogical skills; have received in-depth training, have experience working at universities, colleges, academies, and have worked and consulted for large domestic and foreign enterprises and corporations.

In particular, Accounting students of Dai Nam University are connected by the Faculty and the Center for “Startup and Student Employment” to practice, intern and recruit at leading enterprises in Vietnam. Ensuring 100% of Accounting students have jobs immediately after graduation.

Currently, students of the Faculty of Accounting can do internships at the school's partner enterprises such as: Vietnam National Coal and Mineral Industries Group, Vietnam Cement Group, Vietnam Shipbuilding Industry Corporation, Dai Duong Group, Misa Joint Stock Company, Trung Chinh Joint Stock Company, Bien Bac Joint Stock Company, Thong Nhat Electrical Engineering Joint Stock Company, AUDITCARE & PARTNERS VIETNAM Accounting and Auditing Consulting Company Limited, BDO Auditing Company Limited - BDO Vietnam; ASCO Auditing and Valuation Company Limited; Enterprise Management Software Joint Stock Company (FAST).

BDO Vietnam Auditing Company Limited is committed to creating conditions for Dai Nam University Accounting students to come for internship and recruitment.

Dai Nam University signed a cooperation agreement with Enterprise Management Software Joint Stock Company.

Practical session of Accounting students at MISA JSC.

Pursuing the accounting major at the Faculty of Accounting, Dai Nam University helps students have many opportunities to improve their professional knowledge, access new knowledge and advanced technology, creating the best foundation to participate in the labor market.

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