Five Tips for Successfully Studying Accounting

It's tax season, and that means that it's more evident than ever how important accountants are to running a business successfully. If you've chosen an accounting major as your path to a career in business, don't let horror stories of long nights spent studying deter you from getting a great education with plenty of job opportunities. Instead, follow our tips for successfully studying accounting:

1. Stay organized
Although it may have been true in high school, you won't be able to successfully complete your college education without staying organized. Always take notes, and don't be afraid to ask your professor for clarification if you have any questions about a lesson or concept. Remember: You are preparing for your career, and it's up to you to take the initiative to review course material so you fully understand it.

2. It's OK to skim the text
Accounting textbooks can be approached differently than material for other courses. You don't need to read your textbook from beginning to end. Feel free to jump around, skim the text and cross-reference with charts or notes at the end of a chapter. Accounting deals with technical vocabulary, so don't worry if you need to reread a paragraph several times before you understand what it is trying to say.

3. Learn the vocabulary
Accounting is much more than math. Pay attention to the terms in boldface type in your textbook, and memorize them. Nothing makes it more clear to a professor that you didn't learn the material than using incorrect terminology. Mastering the technical vocabulary will also help you to better understand new concepts as they come up in class.

4. Practice, practice, practice!
If you have chosen accounting as your major, then you need to master the material in order to be successful. Don't let the completion of a chapter mark the last time that you practice a certain type of problem - it's bound to come up in the future, so continue to brush up on your skills as you pursue your career.

5. Get additional experience
Although having a great education is an essential component of learning the skills necessary to be a successful accountant, you should also gain as much practical experience as possible through opportunities such as internships.

This article is sponsored by Western Governors University, a nonprofit, accredited, online university. WGU offers online bachelor degree programs in business and online MBA programs. To find out more, please visit our website at www.wgu.edu.

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