Thursday 27 November 2008

Advanced Financial Accounting

Today I sat for the 1 exam every accounting student in SMU dreads, Advanced Financial Accounting. It has been proven year after year to be the toughest, most challenging and demanding course in the accounting faculty. Being an accountancy student I too had to come face to face with AFA one day. After postponing it for as long as I could I finally subjected myself to the experience of AFA.

Unfortunately for me as I studied more and more accountancy subjects I realized that accounting is not my cup of tea. By year 3 I was 200% sure I didn't want to do anything with the field of accountancy, be it as a degree or as a career. However I stuck to my degree, Bachelors of Accountancy, and forced myself through the accountancy courses. Though I stuck on and went through the courses, I lost all motivation to study. Just getting myself to pay attention during the seminars was a fight of mind over body. Not surprisingly the grades I have been getting for accounting subjects are nothing great. I made peace with this and my motivation fell even more.

With such a mental state regarding accounting and its subjects I can safely say I was not at all looking forward to doing AFA. Alas I had to face my fear and take the class this semester. How I sat through the seminars and the 2 class tests and the final exam I cannot explain. I am just praying I clear the module so I can graduate with my Bachelors of Accountancy degree. The job market is bad as it is, without a degree I can just forget it.

Coming back to AFA, I have to admit it is not all that bad. I enjoyed the finance part of it. I just hated the accounting part. Writing journal entries, making consolidated statements, etc.. just not my cup of tea. I had my final exam today. It was the longest and haziest 3 hours of my life. I have no idea what I did or what I didn't or how I did or how I didn't. I just know I am done with the exam. Now I just pray what I did was enough for me to pass the module and add AFA into my chest of past experiences.

No comments: