Department of Accounting
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Chair Dr. Jan Smolarski, Ph.D. Ph: +966 11 215 7722 E: jsmolarski@alfaisal.edu |
The Department Offers:
Web Address: https://cob.alfaisal.edu/en/accountingGeneral Department Information
Accounting is one of the most rewarding careers in business and the one that offers the most opportunities with the lowest risk. The American Institute of Certified Public Accountants (AICPA) describes accounting as “The One Degree with 360 Degrees of Possibilities.” Your accounting degree prepares you to become a successful certified public accountant (CPA), chief financial officer (CFO) or chief executive officer (CEO). It is also a great background if you are preparing to work in a family business.
It is interesting to note that more senior business leaders come from accounting backgrounds than any other business functions. Why? There are four main reasons that make accountants indispensable in the business world. First, accountants are known for their trustworthiness and high degrees of integrity. Second, accountants have the financial acumen necessary to diagnose the financial health of their companies and determine activities that maximize the outcome of their decisions. This is why they are known in the business circle as the business doctors. Third, the path from the CFO (the top accounting job) to the CEO position is increasingly seen as a natural transition. In recent years, the CFO position has become a training ground and steppingstone for the top job. Finally, they know companies’ financial drivers; they know what creates values and what does not
