On the job, basic arithmetic is used to calculate and adjust entries on financial statements and to calculate interest. Simple linear equations are used to estimate inventory. View more information on math skills in the Accounting and Bookkeeping program . Good time management skills are crucial to this program, as accounting courses require three to four hours of homework for each hour spent in class. Strong reasoning skills are also important.
Students use observational and comparison skills to red-flag errors in financial statements.
They must then use cause-effect reasoning to find the source of the problem and correct the statement. Inferential thinking is used to consider the implications of irregularities in statements. View more information on learning skills in the Accounting and Bookkeeping program . In the work place, bookkeepers will use spreadsheet programs extensively, including the graphics component to present financial data pictorially. View more information on computer skills in the Accounting and Bookkeeping program .