Accounting more than bookkeeping: Academic

ACCOUNTING involves more than just bookkeeping, University of PNG acting vice-chancellor Vincent Malaibe has told students.
He told accounting students during the annual Junior Accountancy Day on Tuesday about basic accountability and its importance when dealing with accounting.
Malaibe told students that accountability had to be practiced often for it to be able to become a part of their character.
“We are what we repeatedly do,” he said.
“Do something right every day to develop that particular skill.”
Malaibe stressed on honesty, integrity, social responsibility and transparency to be able to overcome future challenges.
He said it was better to “earn your way up, developing your skills and abilities as you go”.
School of business executive-dean Prof Lekshimi Pillai advised students to get their basics right in school before going out into the workforce.
“Basics are not all about accounting but your values as a person,” he said.
“How are you going to handle the cult practices?
“How are you are going to stand against corruption?”
Pillai told students to prepare early in developing and practicing their values which would mould them into the kind of accountants they would become in the future.
The annual programme was organised by the Society of Junior Accountants (SJA).
It featured speakers from accounting and non- accounting backgrounds.