Things Every Accounting Major Will Understand | The Odyssey Online
Start writing a post
Student Life

Things Every Accounting Major Will Understand

It's "accrual" world out there.

232
Things Every Accounting Major Will Understand
Pixabay

As a third year accounting student, I think I have a pretty good understanding of accounting (I could also be very wrong because my senior accounting friend had to help me with this list). But this one is for the accounting majors out there. I personally think that some of these are pretty funny, but someone once told me that accountants (and future accountants) don't have a sense of humor, so we'll see.

1. Debits on the left, credits on the right.

2. Doing the same type of problem 5 different times, each with a different method.

3. "What even is this number?"

4. Assets = Liabilities + Equity

5. One does not simply skip accounting class.

6. Hearing the younger accounting majors complaining about the single-step income statement.

7. Why am I missing $10,000??

8. Even worse: why am I missing $100?

9. WHY WON'T THIS BALANCE?

Everything must balance. Always.

10. One does not simply not do the homework.

11. "You're not fully dressed without your EPS."

This one is specific to my accounting professor, but I will never forget my EPS.

12. You forget that the Statement of Changes in Stockholder's Equity is a financial statement.

13. Accounting is fam.

You will never see another major again. You better get to know the people in your accounting classes, especially during the second year, because you guys are probably going to have every accounting class together.

14. The business building is home.

15. When you tell people your major is accounting:

16. Accounting is the center of the universe.

Keep calm because it's "accrual" world out there.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Student Life

A Few Thoughts Every College Freshman Has

The transition into adulthood is never easy

15363
Mays Island
Courtney Jones

Today I started my third week of college at Minnesota State Moorhead. I have survived welcome week, finding my classes on the first day, and being an awkward loner in the dining hall. Even though I have yet to be here for a month, I have already experienced many thoughts and problems that only a new college student can relate to.

Keep Reading...Show less
Students walking on a sunny college campus with trees and buildings.

"Make sure to get involved when you're in college!"

We've all heard some variation of this phrase, whether it came from parents, other family members, friends, RAs, or college-related articles. And, like many clichés, it's true for the most part. Getting involved during your college years can help you make friends, build your resume, and feel connected to your campus. However, these commitments can get stressful if you're dealing with personal issues, need to work, or aren't sure how to balance classes and everything else going on during the semester.

Keep Reading...Show less
Relationships

9 Reasons Why Friends Are Essential In College

College without friends is like peanut butter without jelly.

6632
Bridgaline Liberati and friends
Bridgaline Liberati

In college, one of the essential things to have is friends. Yes, textbooks, a laptop, and other school supplies are important but friends are essential. Friends are that support system everybody needs. The more friends you have the better the support system you have. But you also have someone to share experiences with. And don’t settle for just one or two friends because 8 out of 10 times they are busy and you are studying all alone. Or they have other friend groups that do not include you. Don’t settle for just one or two friends; make as many friends as you can. After the first couple of weeks of college, most friend groups are set and you may be without friends.

Keep Reading...Show less
Lifestyle

The Power of Dressing Up

Why it pays to leave the hoodie at home.

4898
sneakers and heels
Sister | Brother Style - Word Press

For a moment your world is spinning. The phone alarm has just scared you awake and you’re flooded by daunting thoughts of the day ahead. You have three assignments due and little time to work on them because of your job. You’re running late because you’ve hit snooze one to many times after yesterday’s long hours. You dizzily reach for a hoodie, craving its comfort, and rush for a speedy exit, praying you will have time to pick up coffee. Does this sound familiar?

Keep Reading...Show less
Entertainment

11 Signs You Live At The Library As Told by 'Parks And Recreation'

A few signs that you may live in the library whether you'd like to admit it or not.

4308
brown wooden book shelves with books

Finals week is upon us. It is a magical time of year during which college students everywhere flock to the library in attempt to learn a semester's worth of knowledge in only a week. For some students, it's their first time in the library all semester, maybe ever. Others have slaved away many nights under the fluorescent lights, and are slightly annoyed to find their study space being invaded by amateurs. While these newbies wander aimlessly around the first floor, hopelessly trying to find a table, the OGs of the library are already on the third floor long tables deep into their studies. Here is a few signs that you may live in the library, whether you'd like to admit it or not.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments