Why do we learn bookkeeping

Why training in accounting? 16 learners give their opinion

To better understand the concerns of our learners and future learners, we wanted to understand the motivations of learners who started their accounting education less than 5 months ago.

For this purpose, our training institute carried out a qualitative survey among 16 learners, namely 7 men (44% of the participants) and 9 women (56% of the participants). The age of the participants in this qualitative study ranged from 23 to 42 years. Further information on the profile of the study participants can be found at the end of the article.

These learners give their opinion on the reasons that motivated them to train in Swiss accounting by answering three open questions in writing. We would like to share your impressions in their current form and thank you very much for agreeing to take part in this survey.

Doing an apprenticeship, whether in accounting or another discipline, is a personal project that looks different for everyone and has many motivations. Now get to know the motivations of these learners. You will surely be able to compare them to your own motivations.

See the testimonials from our learners in the video!

1. Learner

a. What have you learned in accounting so far?

I had already done accounting in the Hautes Études Commerciales (HEC), but the type of training was different.

In the HEC we have learned the bookkeeping chapters very quickly and very condensed and in an inefficient way (that can hardly be efficient if you have to study in a lecture hall with 300 people).

With a more practice-oriented vocational training, I learn more about accounting. I spent a lot of time understanding the accounting, T-accounts, and journal in order to have a solid foundation for the rest of the chapters. We have also worked on trading companies with a two-tier balance sheet and on new accounts and calculations.

I've focused on companies that deal with rental properties and securities management. Finally, I looked at the transitory accounts and the different forms of depreciation. I was able to work through all of these topics effectively in 16 weeks.

b. Why is accounting useful for your professional life?

Today accounting is an integral part of corporate life and knowledge of the field is essential. If we're looking for a job, whatever the field, our accounting skills can help us stand out from other applicants. When looking for internships, for example, the companies that are partners on the list know that we have a business education and that is why recruiting is made easier.

The situation is similar with other companies. If we apply and declare that we have a degree in accounting (which apparently is quite well known), they think that they don't have to spend time training us and that we can be up and running more or less quickly. It is also a valuable help if we want to find a job quickly, because with a professional (and not university) education it will be easier for me to find a job in a good company.

c. What can you do with it in your personal life (on a practical level)?

On the personal level, the application possibilities in everyday life are a little less, but they are definitely there. We can imagine that we need foreign currency when traveling to another country. We also briefly discussed exchange rates in accounting, which gives us a better understanding.

If we want to do a voluntary activity or an internship for our first practical experience, we can act as the treasurer of an association with our knowledge. This is an often requested function, as many associations lack treasurers who take care of the bookkeeping.

The bookkeeping also gives us a better understanding of how to manage our personal expenses. It can give us some framework to better manage them. We can create an expense table and compare it to the income received, like a kind of income statement, which can help us better manage our money and put some of it aside for a future project.

2. Learner

a. What have you learned in accounting so far?

With my lecturers, I learned how to open accounts in the general ledger and how to do transactions in the journal. We also completed the balance sheets by allocating assets and liabilities.

We initially managed the accounting of service companies and then we dealt with the accounting of trading companies.

We have active and passive accounts, but also expense and income accounts. The latter are summarized in a multi-level income statement before they are added to the financial account in the form of enrichment or reduction.

We also calculated interest over different terms. We corrected the events in the journal, learned how to make internal company entries.

Finally, we learned to recognize the different types of depreciation and how to calculate and apply them to the affected accounts.

b. Why does accounting make sense for your career path?

Accounting can be found everywhere, in all companies. Accounting is the means of managing money, knowing where it was placed, who we owe it to. It is therefore essential to be able to manage this money yourself.

Basic knowledge of accounting is a great advantage in a professional environment. Many small businesses are looking for someone to do the bookkeeping. These are small, easy-to-find jobs that can always come in handy.

c. What can you do with it in your personal life (on a practical level)?

Bookkeeping can also be found in the personal environment, because as a private person we also have money to manage. Knowing how to manage it on your own means you don't need the services of an accountant, so you save money.

Bookkeeping skills also enable us to help people around us in this area.

There have been many attempts at fraud in the financial sector. Knowing what it's about and mastering the most important terms can avoid seeing money go away for no reason.

3. Learner

a. What have you learned in accounting so far?

In accounting, I've basically learned everything an accountant has to do: create balance sheets, journal entries, keep the general ledger ... I started the course with the fundamentals of accounting. I got to know the benefits of accounting in a company. I learned to distinguish the different components of the balance sheet: assets and liabilities.

There are several assets: working capital; Cash (cash on hand, post office, bank), receivables (trade receivables, loans to X ...), inventory and fixed assets; Buildings, furniture, equipment ...

But there are also different liabilities: short-term liabilities (supplier liabilities), long-term liabilities (loan from X, mortgage ...) and own funds; the capital.

I got to know the expense and income statement as well as the depreciation. I also learned how to open and manage the various active and passive accounts and how to manage them. Then we examined how to keep the journal, account to be debited, account to be beneficiary, account name, amount. Then how to close the accounts, correcting errors in the journal to finalize the balance sheet by December 31st.

b. Why is accounting useful for professional life?

Bookkeeping is useful in business life as it teaches you how to keep and control a company's accounting records. It is a management tool that makes it possible to keep track of everything that is happening in the company.

It lists all income or expenditure actions and enables them to be tracked later. It can therefore also be used as the financial history of the respective year. The accounting makes it possible to see the financial situation of the company at the end of the year.

This is very important because it is how it sees whether it has made a profit or a loss. Building on this, it defines a strategy for the following year, what it has to do to get back on track in the event of a loss or what investments it can afford in the event of a profit.

c. What could you do with it in your personal life (on a practical level)?

On a personal level, accounting enables us to manage our own situation, to become more responsible and independent; this can teach us to control our expenses and avoid mishaps (financial worries).

This can be very useful if you are with a club or want to find a job. A basic understanding of accounting can help us manage the club. Bookkeeping is an indispensable concept if you want to do something in life, such as: B. organize a trip or manage an event or project.

That's why I like to take this accounting course, I like to work in this area until the end of my training, also because of the benefits in my private life.

4. Learner

a. What have you learned in accounting so far?

About three months ago I started my accounting class with a friend. We were both interested in finding jobs in accounting and found it more motivating to start our apprenticeship together.

First we had an introduction to what accounting is, but in the introduction we also received information to help us understand why accounting is so important in a company.

First, we made a distinction between assets and liabilities.

There are different types of assets:

  • Current assets, which include cash, accounts receivable, and inventories.
  • Fixed assets that include buildings, vehicles, and anything that doesn't move a lot.

There are also different types of liabilities:

  • Debt capital, including:
  1. Short-term debts, including debts that are not very high.
  2. Long-term debt that is higher (such as a mortgage).
  • The liabilities also include own funds, which represent the own contribution of the owner of the company.

We also learned how to open and close accounts and use an income statement that includes expenses and income. The last chapter in my course was depreciation.

b. Why is accounting useful for professional life?

Bookkeeping is extremely useful in professional life as it allows companies to know both expenses and profits.

For example, if a company is looking to invest, it is important to know if the company can afford it without taking too many risks.

It is also required by law to record all transactions made during a full year in order to know the exact profit or loss of the company.

Bookkeeping also makes it possible to know if the company is keeping correct inventory. The company can also use the bookkeeping and inventory to find out whether it has been a victim of theft.

In short, the bookkeeping helps businesses and ensures that investments and expenses are always up to date. Above all, it enables companies to compare their development over the years and see whether the company is growing or stagnating.

c. What can you do with it in your personal life (on a practical level)?

On the personal level, accounting enables people to better manage their expenses and be more financially independent. This avoids over-indebtedness, e.g. For example, if people are familiar with financial concepts such as debt or leasing, disproportionately high interest rates (interest accrues) and the depreciation of assets (e.g. a car).

Assets and objects are addressed in the chapter Private account for a sole proprietorship (an individual entrepreneur who owns his company). For example, I learned that if you want to grow your wealth (for a company or an individual), it is important to invest in assets that add value, rather than assets that are depreciating, such as a car.

5. Learner

a. What have you learned in accounting so far?

Since the beginning of my apprenticeship I have been doing bookkeeping 6 hours a week. During these courses I learned the fundamentals of bookkeeping like balance sheets and the different accounts used. Then I learned how to use them properly. I then used the pricing scheme to see the cost of production and profit for different products.

I also examined the rental buildings with the different expenses and income. I still learned to use the 3-step income statement with the various gains and losses. Finally, at the moment I am getting to know the different types of depreciation (direct, indirect, constant, degressive).

b. Why is accounting useful for professional life?

In my opinion, bookkeeping is useful for my future because it is the foundation of the economy and without bookkeeping we couldn't manage our money properly. In addition, I want to work in asset management and accounting is essential to get an accurate picture of the client's capital. My career path will be focused on finance and economics, so I think accounting is the most important topic for my career goals.

c. What can you do with it in your personal life (on a practical level)?

In my personal life, bookkeeping will be used to manage my own finances and those of my family if necessary. In addition, I think that properly maintained bookkeeping can save time and money and help you add to your budget if the worst comes to the worst. After all, accounting is above all a game in which all numbers have a personal meaning and are real, as opposed to mathematics, which is only theory or even abstract.

Contrary to what I envisioned before my bookkeeping class, it is not necessary to master the math to learn and practice bookkeeping. Simple calculations are sufficient and a refresher on basic artithmetic terms (percent, proportion) is an integral part of the course.

6. Learner

a. What have you learned in accounting so far?

In accounting, I first learned how to open T-accounts and how to classify asset and liability accounts in a balance sheet to determine equity.

Then I went on to the expense and income accounts and the income statement. I also learned how to make bookings in the journal and various specifics - annuity, withholding tax, etc. Later I studied the pricing scheme, the various goods accounts and the differences between discount, cancellation and cash discount.

We learned how to change from one currency to another, the calculation of days in accounting, formulas for calculating accrued interest, direct and indirect depreciation and their calculation methods and transitory assets and liabilities. Finally, I got an overview of stocks and bonds.

b. Why does accounting make sense for your career path?

Firstly, bookkeeping will be particularly useful when I enter the Haute Ecole de Gestion, because at the moment I only have small basics that are not sufficient for the professional world.

Then, no matter what industry we want to work in, we definitely have to deal with accounting, whether we are accountants, make bookings in internal software, are bosses or executives, or monitor the actions of colleagues or employees must etc.

Even if accounting is not necessarily the focus of the profession, it is always better to know as much as possible about it in order to have a fairly accurate view of what is going on around you and the consequences of certain actions. You need to be able to read a budget, be aware of your resources, loan terms, interest rates, accounts receivable, and so on.

So I find accounting to be a very useful industry, even if I don't necessarily want to become an accounting assistant or bookkeeper. Rather, my goal is to work in corporate management, which also includes financial management.

c. What can you do with it in your personal life (on a practical level)?

My impression so far is that bookkeeping is not of undue use to me in everyday life.The management of income, assets and expenses is quite easy with just a little accounting knowledge.

Later on, however, bookkeeping can be useful in terms of budget, e.g. For example, to make your own expenses as efficient as possible, to plan more or less long-term what you want to buy and what not and what resources you use - for example a mortgage to buy a property.

The courses I have attended can also be used to better understand certain documents and terminology used by the bank, tax office, etc.

7. Learner

a. What have you learned in accounting so far?

So far I've learned how to keep a balance sheet and income statement, journal the various transactions we should be making, and use the ledger (the "T" accounts).

I also saw the pricing scheme, I learned how to calculate the cost of buying and selling goods, how to calculate net sales and gross profit.

I recently looked at the transitory assets and liabilities. I also learned to journal them, and Teacher made their use clear and understandable to me.

Finally, I'm currently looking at the different ways to write off an asset: I've seen that there are two ways to journal this and two ways to calculate it. As for the type of journalization, I've seen that write-offs can be made directly or indirectly. As for the calculation method, I got to know the constant and the degressive method.

b. Why does accounting make sense for your career path?

First, accounting would allow me to work as an accountant in almost any company. This can be seen as the key to entering large corporations to work in the company's finance department.

Regardless of the specialization and position one holds in a company, I believe that bookkeeping, if done correctly, should be able to give us a wide variety of information about the overall health of the company, and given that If information is available to everyone, it is better to be able to do something with it.

Metrics such as net income or various cost accounting metrics should enable us to identify trends (up / down) and identify the direction in which the company is moving. These metrics and other accounting tools also act as a warning of problems, and it will then be important to understand those problems in order to address them as effectively as possible.

c. What can you do with it in your personal life (on a practical level)?

One of the first uses I see in my private life is keeping my own small bookkeeping. If you want to keep a precise overview of your own finances, it can be useful to log income and expenses so that you know what budget you still have. In addition, if you also keep the various payment receipts and receipts, you will be able to keep solid accounting that tracks our cash flows during the year.

This can be interesting, especially if you have to file your own tax return. Once I have gradually recorded all of my and my family's incomes over the course of the year, it will be much easier to fill out the tax form myself to avoid having to go to an accountant, tax advisor or any other person who provides this kind of service, and so we can save some.

8. Learner

a. What have you learned in accounting so far?

So far I have studied accounting in general. I have been trained in their basic rules. So I was able to discover the different tools like the journal, the ledger, the balance sheet, the income statement and their different levels etc. Thanks to all that I learned:

  • Open, supplement and close accounts in the general ledger
  • Prepare an income statement and differentiate between the various levels
  • To draw up and close an opening or closing balance sheet, distinguishing between assets and liabilities
  • Record various operations in the journal
  • Correct incorrect journal entries (cancellations)
  • To distinguish between the bookings of a trading company and a building management company
  • To calculate interest
  • Make the booking for transitory assets and liabilities
  • Recognize a (direct or indirect) depreciation and apply it according to its form (constant or degressive)

And above all the golden rule in accounting: Debit = credit.

b. Why does accounting make sense for your career path?

Accounting can be useful in my professional career as it is an indispensable discipline for any company. Good bookkeeping enables a company to keep track of its financial condition and to act according to its cash inflows and outflows.

It is also very important from a tax point of view for tax returns. In my professional life, this can make sense from a practical and theoretical point of view.

First, in theory, accounting knowledge can make the financial situation of the company I work for accessible to me. In addition, in practice, knowledge in such an area can only be of benefit in professional life. Having the appropriate skills can enable us to work with an accounting department in any company. Some delegate that to trustees.

c. What can you do with it in your personal life (on a practical level)?

Bookkeeping can be used in everyday life to e.g. B. Negotiating a price with a store or shop or when traveling, if I take the exchange rate for foreign currencies as an example.

9. Learner

a. What have you learned in accounting so far?

I learned the basics of accounting. I had never done anything in this area before so it was all new to me.

I first understood how a balance sheet works, what it's used for, and how to run it. Then I learned to keep the journal and write down all transactions in the general ledger. Then the time came to get to know the different levels of the income statement. It was not an easy task to understand the entire logic of the process, especially the first stage with the multitude of merchandise accounts.

Then I made a detour to the pricing scheme. Although it is very logical, it was not easy to memorize.

Next, I came to counting the days before taking a look at interest rates for a while. Although they present several difficulties, they will be useful to me in my future life. Our creditors can be prepared for something!

Finally, I got to know the interim financial statements for correcting the asset and liability accounts and the various depreciations. And all of this efficiently in just 16 weeks.

b. Why does accounting make sense for your career path?

It will be of particular use to me during my studies that I would later like to complete at the Haute École de Gestion.

Then accounting falls into the area of ​​professional training that I will begin. Therefore, when looking for a job, it is an advantage to have skills in this area.

This training is recognized in the professional world. This saves my future employer valuable time in training his employees. Since the basis has already been created, all I need to do is learn the intricacies of how the company works.

In addition, it is important in a company to know how the flow of money or goods etc. works. Otherwise, a small mishap can easily happen.

c. What can you do with it in your personal life (on a practical level)?

Personally, I have already been able to apply various accounting skills. In fact, as part of a student union in the position of Chancellor, I was able to get the accounts in order and get a new representation. So I already have a little experience.

Then accounting is useful, especially if we want to do voluntary work. In this way, our knowledge is put to good use in the context of a charity.

As everyday applications we can name the exchange rates, the calculation of our interest and possible depreciation of our assets, not to mention self-management. Because our work is first reflected in ourselves.

With our expanded knowledge of accounting, we can manage our money and assets like a business does. The balance sheets and income statements will allow us to take a quick look at the development of our finances. No more headaches!

10. Learner

a. What have you learned in accounting so far?

I learned to draw up a balance sheet with goods, services, rental buildings, holdings in companies. I also learned about the pricing scheme, how to set the price of a commodity in a store taking into account several factors.

I also looked at the accounts for transitory assets and liabilities, as well as the direct and indirect depreciation.

b. Why does accounting make sense for your career path?

Accounting will be useful to me because I want to go to the Haute École de Gestion. It will also be useful for working in a company to understand its funding.

On a personal level, I always find it interesting to have a basic knowledge of accounting, not only for general education, but also because for one reason or another you may want to look for information about some company and then get an idea of his financial situation.

c. What can you do with it in your personal life (on a practical level)?

At the moment, bookkeeping, as I learned it in class, is not very useful for me in my private life because it makes it easier for me to manage my expenses and income. Nevertheless, the courses on Microsoft Excel or the accounting software were very useful to me as I had never seen this software before and did my personal accounting in a notebook. Now I find an extremely comfortable calculation software in Excel and do my bookkeeping with it.

I may start using accounting software as soon as I get to the hands-on workshop. I've heard that Crésus software is widely used in companies. Perhaps it will also be of use to me in my "private bookkeeping".

Before starting this course, I had absolutely no fundamentals in accounting. Then I really liked this subject because I liked the way it worked. Everything has to be in balance. I don't think it's a complicated subject, you just have to understand the basics of how it works and be methodical and then it works. For this it is good to have a teacher who explains well, who doesn’t go too fast and who has patience, because once you understand it everything is quite logical, but not necessarily the first time.

The only thing I don't like that much, but what also makes this subject special, is that a simple carelessness changes the result completely. It is therefore necessary to work particularly focused, attentive, meticulous and simply methodical.

11. Learner

a. What have you learned in accounting so far?

So far I have mainly got to know the basics of accounting. I've learned to post transactions to different accounts and then put them on the balance sheet at the end of the year. I have studied the active and passive accounts, but also the expense and income accounts. I started the training with balance sheets and the 1-stage income statement and then came to the 3-stage income statement. I also looked at depreciation and the calculation of days in accounting.

b. Why does accounting make sense for your career path?

I want to pursue a career in business. For this I think the accounting is simply essential. In fact, accounting is the foundation for a business to function. In addition, if one day I wanted to start my own business, I would know how to draw up balance sheets and keep track of all processes.

c. What can you do with it in your personal life (on a practical level)?

I think bookkeeping is primarily important for my personal education. From now on I can imagine something when someone deals with accounting terms. It is useful to be aware of how a company works and to know "the codes" in order to be able to record what is happening in it. On a more personal level, accounting has enabled me to organize myself well in my work because it is a very precise subject.

12. Learner

a. What have you learned in accounting so far?

Before starting my apprenticeship, I had absolutely no accounting principles. So I learned a lot. I learned how to open accounts, how to keep a balance sheet, what data is put into which accounts, etc.

I've worked on interest, withholding taxes, mortgages, and transitory postings. I also learned to close and reopen accounts and journal entries, and looked at income statements up to 4 levels.

I also learned how to count the days that there are 360 ​​days in a year and 30 days in a month. I've seen how to find a purchase date from an interest rate, a series of depreciation, and the purchase value.

Sometimes you make mistakes writing in the journal; so I've learned how to correct these errors, either by canceling them and then recording the correct booking, or by correcting them when there is only one mistake.

b. Why does accounting make sense for your career path?

Bookkeeping will be useful to me because I plan to continue my training up to a federal diploma in finance and accounting. First, I was able to acquire the basics that will be necessary for the rest of my academic and professional career. Work is about moving from one department to another, so it would make sense to have basic accounting skills in order to be productive at my workplace.

The fact that one can keep the books will by no means have been in vain later. If you z. For example, if you start your own business and know how to manage the bookkeeping, you have to hire one less person, which leads to lower costs.

Bookkeeping trains the logical understanding and trains the brain, a bit like math. It will be particularly useful in banking.

c. What can you do with it in your personal life (on a practical level)?

In daily life it is not very common to have to use the bookkeeping, especially at our age, but that could change one day. It could be helpful to better manage one's budget, to manage one's own accounts. It's easier to check the bank statements, to understand them. For later, when one wants to buy a house or something else, the concept of a mortgage will be clearer.

Since we are in control of our expenses, it's easier to save something, to know how much money to spend on what.

13. Learner

a. What have you learned in accounting so far?

My accounting course was primarily devoted to the basic principles of accounting in a company. First off, I started with an introduction to the various goods a company owns and the debts it may have. These are the “assets” (“assets”) and the “liabilities” (“liabilities”).

After the introduction, I was able to start calculating a balance sheet. The golden rule I was taught is that the sum of the assets must be equal to the sum of the liabilities.

After a lot of practice, I was finally ready to move on to more specific and complex accounting topics than there: keeping the journal, expense and income accounts, closing accounts, billing to determine success, pricing scheme, transferring business profits or losses to the private account and transfer of any increase or decrease in value to the capital account.

I also learned to keep transitory bookings in the journal and finished the course with the subject of depreciation, which included the various options for recording depreciation on fixed assets.

b. Why does accounting make sense for your career path?

Bookkeeping is vital to a business. Proper management of the various assets and debts will ensure that it does not go bankrupt. A company cannot exist without accounting.

This area is useful for my professional career as it is almost certain that I will work for a company. Although I don't want to work directly in finance, I consider it essential to know how a company works and what it makes for a living: accounting, but of course not only.

Because in my opinion, finance is just as important in my professional career as other business areas such as communication, marketing, logistics, human resources, law, etc. These are all complementary areas thanks to which a company can survive in the long term.

c. What can you do with it in your personal life (on a practical level)?

Aside from the vocabulary, thanks to which I can now understand topics that were previously unknown to me, the concepts learned in the accounting courses are of no use to me in my private life.

In fact, the topics examined in class were only about businesses, making them difficult to apply to my daily life. However, it remains a plus for my general education and my education in financial matters and nothing is more valuable in private life than the enrichment of my own knowledge.

14. Learner

a. What have you learned in accounting so far?

In accounting, I learned the basics of this discipline. That is, the technique of arranging in accounts for individual entrepreneurs and companies. But that's not all, I also learned about the calculation of accounting days, interest and other special calculation techniques used in accounting.

b. Why does accounting make sense for your career path?

Knowing that I work in an area that is very focused on companies, their management and operations, it is necessary for me to do bookkeeping. This course is an essential part of running a business.

c. What can you do with it in your personal life (on a practical level)?

At the moment I haven't done a lot of bookkeeping in my private life, but it can certainly be used for taxes or when setting up a budget for vacations, large expenses to be financed or for investments, or for example to plan my retirement. The chapter on wages and salaries and social security contributions will enable me to understand the Swiss welfare system and manage my pension capital well in terms of pillar 1, pillar 2 and pillar 3, which you hear a lot about in the news.

15. Learner

a. What have you learned in accounting so far?

After graduating from high school, I had no knowledge of accounting. The aim of this training was to catch up a little behind the students at the commercial school in order to be able to start preparing for the examination for the specialist certificate in the field of finance and accounting.

I started the program with accounting for a service company, then with that of a trading company. I worked on assets and liabilities, increases and decreases in value, underfunding, and expense and income accounts. I then turned to the chapter on assets and liabilities in transit if a payment is only for a few months or several years, and finally to indirect depreciation.

I also worked on the bookings of the general ledger: the account to be debited, the account to be credited, as well as the names and the amount to be posted.

b. Why does accounting make sense for your career path?

It will initially be useful for the success of my future studies within the framework of the federal diploma in finance and accounting. Indeed, without any basis, it is difficult to catch up on the backlog that has built up in high school because the diploma study program is proceeding very quickly and consistently.

After that, during a professional activity, this subject is still very useful. Every company has to keep records. Without necessarily becoming a chartered accountant, it enables people who know the subject to make themselves useful in many roles.

I wanted to be able to work in accounting as quickly as possible, not only to gain practical experience, but also to complete the years of professional experience in a company that are necessary for admission to the federal diploma examination.

c. What can you do with it in your personal life (on a practical level)?

We can keep our own bookkeeping, calculating what is coming in and what is going out to determine what expenses should be cut or, conversely, what we could afford. It makes it possible to observe the development of expenditure every year, calculate budgets, etc.

16. Learner

a. What have you learned in accounting so far?

In this accounting course I learned a lot of interesting and complex things.

At the beginning of my apprenticeship program, it really wasn't much rocket science: you enter bookings in the journal and the closing balance. It was then that I realized the logical structure of this area. What I found interesting was the precision that accounting provides.

It makes it possible to locate every recorded movement based on the designations in the journal. I guess it has to be a lot quicker to learn directly on the computer than to do exercise bookings on paper.

After my third month of training, things got a little more complicated. I started doing the 3-step balances. The advantage of bookkeeping is that while it certainly requires a logical mind, once you understand the movements and general structure, you can easily imagine the different steps involved. At the end, you simply add a number of additional accounts that belong to the same account group to the 3-level balance sheet.

Then I learned how to integrate and manage sales, purchasing, and inventory. It was then that I learned how to set a sales price, a purchase price and how to post an inventory change.

After all, the hardest part is the depreciation I have just started with. The main difficulty with direct and indirect depreciation is the concept of time that is added to the numbers.

b. Why is accounting useful for your professional life?

In my opinion, accounting is very important in companies in order to have a precise overview of incoming and outgoing payments. Without them, it would be difficult to manage inventories, depreciation, investments, and most importantly, get an overview of the health of a company.

In professional life, although I have never seen this field before, it is obvious that we want a sales record and a summary of what we are buying and selling so that we can invest smartly and use the remaining money on new investments that are for the growth of the company are necessary.

Bookkeeping is useful for seeing which direction our company is headed and allows us to have a long-term vision in the buy / sell process.

I guess the program I've done so far is only a small part of what accounting offers us in practice. That's why I'm already thinking about going further in this area, perhaps by completing other training modules after my first diploma.

I see accounting primarily as a control instrument that makes it possible to visualize all expenses, which is important so that you don't get into over-indebtedness, for example.

c. What can you do with it in your personal life (on a practical level)?

As already mentioned, we keep records daily, such as For example, when we do a small balance of expenses, about various purchases, the debts our friends have with us, our future purchases, our telephone bill. When I get a salary, I try to invest myself in things that are useful in my life, basically as if I were my own company.

The concepts of measure, savings, and reserves are important to managing your money well. Of course, we have the right to allow ourselves a few weirdos with spending from time to time, but it has to be kept within the bounds of possibility.

I think accounting also allows young people who are starting to earn a salary to pay more attention to their expenses. We now know that over-indebtedness is very common among young people and that it makes sense to set goals or limits in order to manage your money well.

Additional information on the profile of the participants in our study

Some of the participants have never studied accounting before their current training. Others have already completed introductory courses at upper secondary school in Germany and abroad. Some of our apprentices have already trained in accounting in France, Italy, Germany or Moldova, but this is an exception.

Most of the adults we train have never done formal bookkeeping or attended bookkeeping courses. But as you can see in our first chapter, everyone does an accounting. To create a budget, count your savings, plan a major expense, use accounting terms and concepts.

Learning to keep accounting will therefore seem logical and familiar to you because, perhaps without realizing it, you keep accounts every day.

All participants have work experience and a secondary school diploma. Some have some initial accounting experience and would like to have their skills recognized through certification or advance in their careers.

Some of the participants in this study work in parallel on their accountant training, others do not.

Their professional and academic backgrounds are diverse, as are the goals they pursue with the training they have chosen. Nevertheless, at the end of their training, most of them want to become accountant assistants or accountants. With their diploma, they can apply for this type of job and quickly find a job in accounting.

For reasons of confidentiality, our study does not reveal the names of the people who have agreed to answer our questions, but we did indicate the gender of the participant by using the term “learner” or “learner”. "Learner" refers to a man or a woman.

See the testimonials from our learners in the video!