While there are only four required financial statements, the notes to the financial statements may fill five times as many pages. Also accounting tests consist of word problems that must be well understood before attempting a solution. The highest level of math required in accounting is high school algebra. A simple four-function calculator is all that is necessary for accounting courses. However computers are used extensively throughout the accounting program.
Accounting is one of the traditional professions.
Many careers claim to be professions, but there are several characteristics of true professions. States test the competency of professionals before issuing a certificate, to protect the public. Professionals are independent in that they may operate their own businesses. Independence eliminates many conflicts of interest because the client does not employ professionals. Rather professionals contract with clients to provide services for a fee.