Accounting is a discipline that plays a pivotal role in most organizations in Kuwait, and worldwide.  

Over the years, the accounting field has progressed beyond simply recording and analyzing financial transactions, to additionally encompassing high-grade techniques for managing the financial health of organizations.  The AIU Accounting concentration, within the BS Business program, prepares graduates for standard accounting and more advanced financial decision-making roles in companies. 

Students on the program learn basic principles of accounting, as well as how to use accounting information for internal reporting and decision-making.  They are taught the concepts that underpin profit planning, budgetary control and costing.  They learn the fundamentals of double-entry book-keeping as well as the accounting process, from journals and ledgers, to the preparation of financial statements to assist the management process.  As a key aspect of the program, students are schooled in the use of cyclical financial statements to effectively communicate critically important information about performance and financial position to stakeholders.  The program provides an overview of the auditing process as well as methods for financial accounting for a range of organizational types.  It also deals with risk management mechanisms in an accounting context.  Students learn how to prepare cash flow statements, interpret balance sheet items and accounting ratios, value assets, implement automated inventory valuation methods and record transactions related to property, plant and equipment.