10 answers
Tyrone
Student
Oklahoma City, Oklahoma
1
Question
Asked
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How can I be an accountant if I’m not good at math?
I struggle in algebra but I still want to consider being an accountant.
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10 answers
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
6338
Answers
Gold Coast, Queensland, Australia
Updated
James Constantine’s Answer
Hello Tyrone,
Is Math Skills Necessary to Become an Accountant?
Being an accountant requires a certain level of mathematical proficiency, but it is not the only factor that determines success in this field. While algebra and other advanced math skills are helpful, they are not the only skills required to be an accountant. Here are some reasons why:
Understanding Financial Concepts
Accountants need to understand financial concepts, such as debits and credits, financial statements, and budgeting. This requires a solid foundation in arithmetic and basic algebra, but not advanced mathematical skills.
Attention to Detail
Accountants must be detail-oriented and able to analyze data accurately. This involves checking calculations, identifying errors, and ensuring that financial records are accurate and up-to-date.
Soft Skills
Accountants need strong communication skills to explain complex financial information to non-financial stakeholders. They also need to be organized, analytical, and able to work under tight deadlines.
Use of Technology
Modern accounting involves the use of technology, such as accounting software, spreadsheets, and databases. These tools often perform complex calculations automatically, reducing the need for advanced math skills.
Continuing Education
Accountants can improve their math skills through continuing education and professional development opportunities. Many organizations offer training programs and seminars to help accountants improve their skills and stay up-to-date with industry trends.
Authoritative Reference Titles:
“The Accountant’s Guide to Mathematics” by Ron G. Manoogian
“Math Skills for Accountants” by Anthony J. Catanach Jr. and James A. Halligan
“Accounting Principles” by Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso
GOD BLESS!
James Constantine.
Is Math Skills Necessary to Become an Accountant?
Being an accountant requires a certain level of mathematical proficiency, but it is not the only factor that determines success in this field. While algebra and other advanced math skills are helpful, they are not the only skills required to be an accountant. Here are some reasons why:
Understanding Financial Concepts
Accountants need to understand financial concepts, such as debits and credits, financial statements, and budgeting. This requires a solid foundation in arithmetic and basic algebra, but not advanced mathematical skills.
Attention to Detail
Accountants must be detail-oriented and able to analyze data accurately. This involves checking calculations, identifying errors, and ensuring that financial records are accurate and up-to-date.
Soft Skills
Accountants need strong communication skills to explain complex financial information to non-financial stakeholders. They also need to be organized, analytical, and able to work under tight deadlines.
Use of Technology
Modern accounting involves the use of technology, such as accounting software, spreadsheets, and databases. These tools often perform complex calculations automatically, reducing the need for advanced math skills.
Continuing Education
Accountants can improve their math skills through continuing education and professional development opportunities. Many organizations offer training programs and seminars to help accountants improve their skills and stay up-to-date with industry trends.
Authoritative Reference Titles:
“The Accountant’s Guide to Mathematics” by Ron G. Manoogian
“Math Skills for Accountants” by Anthony J. Catanach Jr. and James A. Halligan
“Accounting Principles” by Jerry J. Weygandt, Paul D. Kimmel, and Donald E. Kieso
GOD BLESS!
James Constantine.
Kevin Greenlees, MAcc
Accountant, Financial Analyst, Automations Developer
19
Answers
Grand Rapids, Michigan
Updated
Kevin’s Answer
When people discover I'm an accountant, the usual response is, "you must really enjoy math."
And... sure, fine, I do, but it's not a necessity. Most of my coworkers are demonstrably bad at math, but they're excellent accountants.
See, a common misunderstanding about accounting is that it's predominantly about math. In reality, it's more about understanding the principles of how businesses record the economic activities that tell about their history, describe where they are in the present, and attempt to predict--a little--about where they're going. If you're comfortable with basic operations like addition, subtraction, multiplication, and division, you're already equipped for most accounting jobs. If you're interested in roles involving exponents, there are opportunities for that too, but there's no need for anything more complicated.
Another thing: you don't need to be good at math because you'll almost certainly rely heavily on tools like Excel or other software platforms that handle the calculations for you. While mental math can help to determine whether software is treating data correctly, I could absolutely spend months at work without needing to manually solve a single math problem, thanks to Excel.
Don't let misconceptions about the profession deter you. Accounting is more accessible than you might think, and you may find it a rewarding career path.
Learn Excel - it's critical to most entry-level accounting roles and is the basic platform that almost every other accounting software product is going to translate back to.
And... sure, fine, I do, but it's not a necessity. Most of my coworkers are demonstrably bad at math, but they're excellent accountants.
See, a common misunderstanding about accounting is that it's predominantly about math. In reality, it's more about understanding the principles of how businesses record the economic activities that tell about their history, describe where they are in the present, and attempt to predict--a little--about where they're going. If you're comfortable with basic operations like addition, subtraction, multiplication, and division, you're already equipped for most accounting jobs. If you're interested in roles involving exponents, there are opportunities for that too, but there's no need for anything more complicated.
Another thing: you don't need to be good at math because you'll almost certainly rely heavily on tools like Excel or other software platforms that handle the calculations for you. While mental math can help to determine whether software is treating data correctly, I could absolutely spend months at work without needing to manually solve a single math problem, thanks to Excel.
Don't let misconceptions about the profession deter you. Accounting is more accessible than you might think, and you may find it a rewarding career path.
Kevin recommends the following next steps:
Kristen Wilson
Client Experience Coordinator
6
Answers
Austin, Texas
Updated
Kristen’s Answer
Hi Tyrone! What an excellent question you've asked and I thank you for being so honest. I struggled with mathematics all through school and even into college. I had to take the remedial course before I could even take the college math courses. I remember sitting across the desk from my sweet academic advisor and crying when she told me that my math scores meant I'd have to take those courses first. She politely reminded me that if I were the only one who struggled, they wouldn't have made entire classes for people who aren't strong in math. That made me feel better and I hope it gives you that same feeling. I've been working at this accounting firm for almost two years now and both of my master's degrees are in English literature. :) Please keep in your mind and heart that nothing is impossible. As with any profession, there are many things that go into making it a career. Communication is a huge part of any job and judging by this question you've been humble enough to ask, I'd say you probably are golden when it comes to the skill of communicating. In fact, I'm willing to bet that you have MANY strengths and (just like me) maybe one of those isn't math just yet but be patient with yourself. Don't give up on yourself or your goal...whatever it may be. Give yourself time and keep asking amazing questions my friend!
John Lunceford
Customer Enablement Executive
2
Answers
Austin, Texas
Updated
John’s Answer
You don't need to be a math whiz to be an accountant. Your not going to use Algebra or Calculus to do the job. Attention to detail and being meticulous are more important. Software these days takes care of a lot of the mistakes done years ago on paper. When I started my degree, we learned how to do the general ledgers using paper, then learned how to program and use software to automate processes.
Learning things manually helped to understand the concepts and how computers could automate the processes. I worked for years as a comptroller and now work with accounting information systems.
Hope that helps.
Learning things manually helped to understand the concepts and how computers could automate the processes. I worked for years as a comptroller and now work with accounting information systems.
Hope that helps.
Claudio S Barbosa
MBA, CPA
12
Answers
New York, New York
Updated
Claudio S’s Answer
I will answer this based on my experience. I am a CPA and have an MBA in Finance. I failed Algebra and barely passed Calculus and Statistics.
What is important to have is the ability to "read and write". By reading, I mean being able to understand what you are reading and analyze the facts. By writing, I mean being able to write your thoughts in a condensed and easily understandable manner. I call it "idiot proof" writing - someone can read what you write and be able to easily follow.
As a CPA, you will find that you do a lot of reading and writing. You write narratives about financial statements, you make a story of what is going on in a company, etc.
What is important to have is the ability to "read and write". By reading, I mean being able to understand what you are reading and analyze the facts. By writing, I mean being able to write your thoughts in a condensed and easily understandable manner. I call it "idiot proof" writing - someone can read what you write and be able to easily follow.
As a CPA, you will find that you do a lot of reading and writing. You write narratives about financial statements, you make a story of what is going on in a company, etc.
Neil I Kwatinetz, CRCM, CFA
Consulting
6
Answers
Baltimore, Maryland
Updated
Neil I’s Answer
While I'm not a certified public accountant, I did take a good number of accounting classes in school and did pretty well. The math part isn't too tricky, it's mostly just adding, subtracting, and multiplying, and a lot of it is done automatically. The real challenge in accounting is getting a handle on all the rules. It's a bit like being a lawyer in that sense. It's not just about your math abilities, but more about your comprehension of the rules and knowing the best ways to apply them.
Sarena Velena-White
Auditor
6
Answers
Hillsboro, Oregon
Updated
Sarena’s Answer
Hi Tyrone,
Absolutely, you don't need to be a math wizard to excel in accounting! In my experience, I rarely use advanced math like algebra or calculus in my daily work. A lot of the number crunching is handled by handy software tools like Excel or Alteryx.
Most of my time is actually spent on interpreting data and ensuring the information is accurate. Being good at writing and storytelling is a real asset in accounting. Why? Because we often need to explain financial data to our clients and the public in a way they can easily understand.
So don't worry if math isn't your strongest suit. I truly hope you'll keep following your interest in accounting!
Absolutely, you don't need to be a math wizard to excel in accounting! In my experience, I rarely use advanced math like algebra or calculus in my daily work. A lot of the number crunching is handled by handy software tools like Excel or Alteryx.
Most of my time is actually spent on interpreting data and ensuring the information is accurate. Being good at writing and storytelling is a real asset in accounting. Why? Because we often need to explain financial data to our clients and the public in a way they can easily understand.
So don't worry if math isn't your strongest suit. I truly hope you'll keep following your interest in accounting!
Jose Campos
Tax advisor
1
Answer
Mexico City, Mexico
Updated
Jose’s Answer
Hello Tyrone,
In today's modern accounting world, you're not expected to crunch numbers manually; that's where our sophisticated software and systems step in. The crux of the job lies in comprehending what those figures signify, which includes understanding the accounting rules and the ins and outs of the company, as well as the systems in play.
Don't worry, this understanding will gradually build up. Entry-level roles typically involve simpler tasks with less responsibility. As long as you bring an eagerness to learn and a keen eye for detail, you'll soon be handling more intricate aspects as you progress in your career. Remember, curiosity and the courage to ask questions are vital; being a math whiz, not so much. So, keep that spirit of learning alive and you'll do great!
In today's modern accounting world, you're not expected to crunch numbers manually; that's where our sophisticated software and systems step in. The crux of the job lies in comprehending what those figures signify, which includes understanding the accounting rules and the ins and outs of the company, as well as the systems in play.
Don't worry, this understanding will gradually build up. Entry-level roles typically involve simpler tasks with less responsibility. As long as you bring an eagerness to learn and a keen eye for detail, you'll soon be handling more intricate aspects as you progress in your career. Remember, curiosity and the courage to ask questions are vital; being a math whiz, not so much. So, keep that spirit of learning alive and you'll do great!
Megan Nerad, CPA
Consulting Manager at PwC
43
Answers
St. Louis, MO
Updated
Megan’s Answer
Hello! Because of advancements in technology, a lot of times computers and systems will do the math for you, you just need to validate data inputs and outputs and have good client services skills in most accounting-related jobs. This is especially relevant if you go into public accounting where you interact with people face to face, via phone, and via email in order to get the documents you need to perform your work. Don't be discouraged, keep working on improving your skills and being a well-rounded individual. Best of luck!
Kara DelaRosa
State Tax
3
Answers
Costa Mesa, California
Updated
Kara’s Answer
Accounting isn't just about crunching numbers, even though math plays a significant role. The vast majority of accounting roles have a consulting element to them. This means that as an accountant, you don't just work with numbers or financial data; you also interpret and apply this information to provide your clients with viable options. I personally spend about 80% of my time in this consulting realm and find it extremely engaging. If you're struggling with the math part, don't hesitate to seek tutoring help. But remember, if becoming an accountant is your dream, don't let anything hold you back. You have what it takes! Keep going!