Bachelor's degree

country
city
subject area 
language 
kind of studies  
qualification - United Kingdom
university type - United Kingdom  
university status  
Bangor, United Kingdom

Accounting and Banking

Bachelor's
Language: EnglishStudies in English
Subject area: economy and administration
Qualification: BA, BSc
Kind of studies: full-time studies
University website: www.bangor.ac.uk
Bachelor of Science (BSc)
Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Banking
Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU.
Federal Reserve Bank of New York; Friedman, David H. (1977). I Bet You Thought.... p. 19. OCLC 5356154. 
Accounting
The accounts of money, supplies and provisions should then be considered. The overseer should report what wine and oil has been sold, what price he got, what is on hand, and what remains for sale. Security should be taken for such accounts as ought to be secured. All other unsettled matters should be agreed upon. If any thing is needed for the coming year, it should be bought; every thing which is not needed should be sold. Whatever there is for lease should be leased.
Cato the Elder. De Agri Cultura, about 160 BC. Of the duties of the owner.
Banking
I am just a banker "doing God’s work".
Lloyd Blankfein, CEO, Goldman Sachs, 2009 statement. Source: Wall Street Journal, May 2010.

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