Accountants have been around for just about as long as humans have engaged in trade and commerce. This makes sense, because if we want to do business with each other in any kind of organized way we need a system to keep track of all of these exchanges. And that’s where accounting comes in. Double-entry bookkeeping emerged in Medieval Europe and has been used by business big and small ever since. Thankfully, today we have handy accounting software to help us manage our financial records and no longer have to rely on manually- completed ledgers and spreadsheets.
Cyprus has one of the youngest populations and workforce in the European Union (EU). The country has a strong and fast-growing education system. Since 2000 enrolment in Cypriot universities has grown faster than in any other EU country. Almost half (46%) of the workforce has a tertiary degree, one of the highest percentages in the EU. Many Cypriots further strengthen their education by studying abroad — more Cypriots earn degrees from foreign universities than citizens of any other EU country. Cyprus has a booming private education sector. A greater proportion of students go to privately funded and managed schools than any other country in the EU.