History of Vanda Institute

Vanda Institute of Accounting (VIA) is one of the fast growing tertiary education providers in Cambodia, although not the oldest. It first established in 1997 with students enrolled as little as 100 students, VIA now has more than 2000 students enrolled by the year 2005. Recently, VIA has expanded its role to provide more sophisticated courses and master degree.

• In 1997, Vanda Centre provides short-course training and computerized accounting software's such as accounting application, Peachtree, QuickBooks, MS Word, and MS Excel.
• In June 2001, Vanda Faculty of Accounting (VFA) was found as a tertiary education provider and Vanda Centre was under its controlled. VFA has provided associate degree and bachelor degree of accounting.
• In 2002, Vanda Faculty of Accounting (VFA) was changed to Vanda Institute of Accounting (VIA).
• In 2005, VIA offered Master degree of accounting and auditing.

Vanda Institute of Accounting	Number of students
Master	97
Bachelor degree	1,646
Association degree	436

Vanda Centre
Short-courses	570
Total student	2,749

Why study Accounting?

You may think accounting is just number, money, or perhaps recording. It's more than that. Accounting has been the most flexible tool for business success. Accounting is connected with our everyday lives. For example, an individual must supply personal accounting information in order to buy a car. Accounting information may include your money, your status, or your economic condition. With all these information, you will, then, decide what type of car you want- cheap or expensive; family or sport; Japanese or European. You also use accounting information to make decision to buy foods, computers, or machineries. These are your everyday decision that ties up with accounting. Accounting is, therefore, a decision-making tool.

Accounting is, furthermore, used as the basis of controlling your resources. It helps you to determine what resources are important to business success and what aren't. Accounting is used to measure your success. It provides data that explain what you have achieved so far and help you predict the future of what to do and where to go. For example, the government, the cities, the school or university, business, organization must use accounting as a basis of controlling their resources and measuring their accomplishments. Industrial Revolution firms require accountants to provide the accounting information to prevent from the bankruptcy. Accounting is very essential to the success of businesses, organizations, and government. Now, you may think you know accounting, but do you really?

Why study @ Vanda Institute?

Aiming at strengthening the quality, Vanda Institute specializes in Accounting and offer only Accounting degree. We offer Foundation Year (1 year or 1 st year of Bachelor Degree), Associate degree in Accounting (2 years), Bachelor Degree in Accounting (4 years) and Master of Auditing (2years)

Our program prepares our students for entry-level employment in almost any industry including international companies. Students will have the opportunity to obtain an in-depth understanding of accounting, marketing, management, finance and law. Click here to go to course details .

As a student at Vanda Institute, you get the benefits as follows:

• The leading institute for the accounting degree in Cambodia .
• High school graduate in 2005-2006 gets huge discount
• Gain work-experiences at the accounting and auditing company (VA&A), a joint partner with Vanda Institute.
• Offer scholarships to the outstanding students.
• Earn all certificates at once- certificate for your degree + certificate of accounting software such as QuickBooks, Peachtree, MYOB, + certificate of MS-Word and MS-Excel.
• Graduated students will be listed in the website for employers to look at. So, you do not have to look for the job, the job will look for you.
• Located in the heart of the city, close to your house.

What accounting does to you and your business?

Accounting is known as the Language of Business, requires to collect and record (bookkeeping), to summarize, to analyze, to interpret and to communicate financial information to various stakeholders. In summary:

1. Accounting is more than just the Bookkeeping (Recording transaction).
2. Accounting is the flexible tool for the support of investment analysis, management decision-making and operation of business.
3. Accounting is used to control your resource and measure your accomplishments
4. Avoiding business bankruptcy requires the knowledge of accounting
5. Accounting is used to overcome today's challenges and to predict the future to avoid tomorrow's failure.
6. You will go places as a Fearless Leader if you have the knowledge of accounting.
7. If you have ambition to reach high level management, you are required to have accounting and financial skills.
8. By the year 2009, Certified Public Accountant with Cambodian Nationality is privileged to sign on financial statements. No more foreigners . Qualified Accountants are in short supply in Cambodia . This means that if you finish your degree in accounting, you will have very high chance to be employed with high paid.

Did you know a surprising number of high-level managers at giant companies started their careers with accounting degree?

Accounting is more than just the Bookkeeping

The difference between accounting and bookkeeping may only be largely understood by person who has the knowledge of accounting and understand the important of accounting. Bookkeeping reasonably means to collect and to record the business transactions. It is perhaps the easiest and first stage of accounting. To the larger extend, accounting is more than what non-accounting person known as the recording. Accounting is known as the "Language of Business" . Accounting includes not only the collecting and recording (bookkeeping), but also designing efficient accounting systems, summarizing, analyzing, forecasting, interpreting, and communicating the accounting information to various stakeholders. Accounting information is an important and flexible tool for the support of investment analysis, management decision-making, and operation of business. Accounting is used in many areas of business and government including service, technology, manufacturing, taxation, marketing, construction, banking, healthcare, education, consulting, real estate, law, and insurance etc... Any person who enters into career in accounting should gain skill in communication, analyzing and interpretation.

Length of Study

Fields	Professions	Lengths
Accounting	Accountant	2 or 4 years = Associate or Bachelor Degree in Accounting at Vanda Institute + experience
Bookkeeping (Recording)	Bookkeeper	6 months = General Accounting at Vanda Institute, experience not required