Their differences are as follows:
1, comparison of learning resources
The establishment of ASEAN international accounting major is to connect Nanning with ASEAN. Simply put, accounting majors should learn one more foreign language. Sophomore students will be divided into classes. One class studies Thai, the other class studies Vietnamese, and there are opportunities for internships abroad.
General accounting major is just some simple accounting knowledge and theory, lacking practical operation and experience.
2, the difficulty of the exam is different.
The examination of ASEAN international accounting is more difficult.
The general accounting examination is moderately difficult.
3. Institutions and procedures for formulating accounting standards are different.
ASEAN International Accounting Standards are formulated by the International Accounting Standards Board, and then implemented through the influence of free market and national compulsion.
General accounting standards are enforced by law.
4. The specific forms of financial statements are different.
ASEAN international accounting only needs to meet accounting principles and other requirements, and does not emphasize the order of reporting items.
The items in general accounting financial statements are arranged in the prescribed order.
5. Different application requirements.
ASEAN International Accounting requires good English.
General accountants only need to master general accounting English.