answersLogoWhite

0


Best Answer

I've been an accountant for 10 years now in a Big 4 firm (auditing investment banks) and I hardly ever use anything beyond basic maths. You need to understand how a formula works and follow a few intermediate formulae (Black Scholes was part of my finals) but that's about it. I do encounter some very advanced mathematical models, however I tend to get quant specialists (aka our rocket scientists) to look at this. If you're intending to move into valuation issues, then maths would be a huge plus. But if you're looking to be an auditor, consultant or CFO etc, your ability to understand a business and your softer skills (communication, planning, project management etc) are far more important. In short: if maths ain't your thing, don't stress about it - accountancy is a wide-ranging occupation with plenty of career paths. There's no such thing as a dead end, you are the only one that can determine your career. Hope this helps.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does math apply to becoming an accountant?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does math apply in becoming a doctor?

Math applies for becoming everything. That is why I want to try my best in math because without math I would be failing my life, so try your best and make that your favorite subject.


what kind of math is used in accountant majors?

Math 1333 or higher is used in a accountant major.


What do you have to achieve of becoming a accountant?

I dont think you should be an accountant


Is it true that if you are not good at writing you will never be an accountant?

no being an accountant means a lot of math i don't think there's a lot of writing if your terrible at math its OK just keep practicing and never give up and then you can be an accountant


Are there some skills needed to be an accountant?

you have to be good at math


What subject do you require for an accountant?

Math good with numbers


Where did get the village accountant application in kolar?

yes im in apply village accountant in kolar district


Does a CPA need math?

Yes definitely. Being a CPA or a certified Public Accountant entails Math since it deals with numbers and computations aside from the theory of finances. Basic Math is the foundation of starting to become an accountant.


Is math compulsory for the ca exam?

If by ca, Chartered Accountant is meant, then yes math is compulsory.


Can your accountant apply part of your refund to pay his fee?

Yes, but that is entirely up to your accountant or tax preparer.


What are the requirements for becoming a certified accountant?

Becoming a certified accountant can be a rewarding job. You may complete the requirements to do so online or through different schools in your area that can also be found easily.


Why would someone want to become an accountant?

Well, I'm not so sure, but my mom is an accountant because she likes math