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The Importance of Mathematics in the Recording and Interpretation of Accounting

Author

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  • Y. A. Babalola
  • F. R. Abiola

Abstract

Everyone has heard that Mathematics and accounting go hand in hand, though not as intertwined as people may believe or sometimes that you should have a lot of math to take accounting. Unfortunately, for many people, just the mention of the word "math" can elicit childhood memories of struggling with long division and fractions or putting off that geometry homework, and later avoiding math in general as much as possible. This study examine how the result of a few bad experiences in elementary or secondary school affect accounting students, the unfortunate result of this is that some students are all too ready to be discouraged before even beginning an accounting class and learning what accounting is all about, and why it is so important in business.

Suggested Citation

  • Y. A. Babalola & F. R. Abiola, 2013. "The Importance of Mathematics in the Recording and Interpretation of Accounting," International Journal of Financial Economics, Research Academy of Social Sciences, vol. 1(4), pages 103-107.
    • Handle: RePEc:rss:jnljfe:v1i4p1
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