Why is Accounting Difficult

"Why is Accounting Difficult?" has been asked by a student from Johannesburg, Gauteng, South Africa.

Accounting is just like Swimming, learn it as fun 

It is good question and I want to answer of this question. Did you swim in river or not? If you do not know the basics and practical of swimming science, you really feel that to swim in river is most difficult in the world. But when we see animals who have no knowledge like human being, they can easily swim in river without any difficulty. With this simple example, I want to tell you that only human being is the creature in this world who needs to learn every new thing. So, after learning accounting your all difficulty will become nil.

Following may be main reason of students who think that accounting is most difficult subject of the world.

1st Confusion

I do the question of Accounting, but my answer comes wrong.

It may be maths mistake, learn mathematics first. It may be due to not knowing basics of accounting. Pay attention on basics of accounting

2nd Confusion

My Balance sheet does not  match when I try to make it.

Balance sheet is out come of lots of things of accounting. For this, you should know adjustments in final account. If you will do mistake in it your balance sheet will never match. Try to understand that adjustments are those transactions which have not been entered at the end of financial year. So, we have to record properly like any other transaction. I think this part of accounting, you should be take as challenge.

3rd Confusion

I think, Accounting is under only for intelligence guys.

Yes, Your thinking is absolutely right. But, my thinking is that every human being has been made by God and God never make dull human being. So, we all are the son and daughter of God who is big accountant who records our each and every act. Even, when nobody see us and we do any bad work, God records also our that work at that time and declares result after our death. So, how can God do mistake? Leave your narrow thinking. Be positive.

4th Confusion

So hard??? The teacher doesn't explain well and let me tell u this nothing like u can go home and study yourself.

Dear, this is not so hard in your side but it is the mistake of your teacher who is unable to teach you well. But you need not be Be despondent. As teacher, I advice you, never feel accounting as difficult subject but give time to understand asset, capital, equity, liability, current asset, current liabilities, debtor, creditor, expenses and incomes. Try to search with these word's definition. Accounting is just effective use of these basic items for the purpose of tracking business's current financial position and performance.

5th Confusion

How to analyze the Cost accounting and Management Accounting

You need not feel difficulty if you have covered financial accounting. For analysing cost accounting and management accounting, all accounting information are received from FA. But you should learn the tools and techniques to analyze. It may be ratio analysis, fund flow analysis, cash flow analysis, debtor management, break even point analysis and many other tool.

In end, I will say only,

 "A good start is half done." - Start to move hand and legs, you will learn swimming.

"Only for Once and for Ever." - Start taste of accounting once, you will make habit of this.

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