Individuals who are especially adept with numbers might consider careers as accountants who prepare and examine financial records. It is an accountant’s responsibility to ensure that a company’s financial records are accurate, that taxes are filed and paid properly, and that costs, revenues, and profits are in order. Students typically pursue careers in bookkeeping or accounting. Responsibilities vary, however, based on the individual’s educational experience and other qualifications.
Online Associate Degree Programs for Accounting
Associate degrees in accounting prepare graduates for careers as bookkeepers and accounting clerks. They may also assume junior accounting positions, with opportunities to advance based on their skill set. Individuals with an associate degree in accounting learn how to perform essential accounting tasks, such as tracing financial transactions and monitoring payroll and billing.
Online Bachelor’s Degree Programs for Accounting
A bachelor’s degree in accounting is most often the minimum educational requirement to pursue a career as an accountant. Students working toward a bachelor’s degree in accountinglearn how to gather, record, analyze, and interpret financial transactions. They also learn how to evaluate an individual or company’s financial performance and risk, and often pursue specific areas within accounting, such as public accounting and managerial accounting. Sample classes include accounting information systems, business law, cost accounting, taxation, and financial statement analysis. Bachelor’s degree level accounting course work involves technical and detail-oriented curriculum.
Online Master’s Degree Programs for Accounting
While a bachelor’s degree in accounting is typically the minimum for accounting positions, some employers prefer to hire applicants who have a master’s degree, either in accounting or business administration with a concentration in accounting. Master’s degree programs in accounting usually have two tracks: financial accounting and managerial accounting. The financial track prepares students to become external advisors to other companies, and they often work at accounting firms and evaluate and report on other firms’ data. Managerial accountants evaluate their own company’s data.
Master’s degree candidates in accounting become experts in gathering and interpreting financial data. Students learn how companies present data to shareholders and potential investors, and how taxes and regulations affect a company’s financial performance. The master’s degree may be beneficial not only for those who plan to pursue careers in accounting, but for business owners, as well. Graduates are eligible to become consultants, managers, financial advisors, and – naturally – accountants.
Online Doctoral Degree Programs for Accounting
A doctoral degree in accounting is only necessary for those who want to teach at the university level, and even university lecturers may only be required to hold a master’s degree, in some cases. Individuals who earn a Ph.D. in accounting will conduct research and focus on theoretical questions on issues related to financial reporting, managerial accounting, economic theory, and taxation. They may study the economic effects of the regulation of accounting information, the structure of incentive and monitoring systems, and capital markets, for example.
Online Degree Programs in Accounting in the Work Place
Upon graduation, individuals may pursue positions as public accountants, management accountants, government accountants, internal auditors, and more. Accountants also have opportunities to potentially advance to senior positions, becoming supervisors, managers, or partners. Many accountants seek certification, possibly improving their job prospects. A variety of professional societies, such as The Institute of Management Accountants, The Institute of Internal Auditors, and the American Institute of CPAs, offer certification.