Affordable Accounting Degree & Schools Online
September 1st, 2008
An accounting degree offers you a solid foundation from which to enter a number of interesting and varied accounting-related roles. An accounting education prepares you to be trained in the fundamentals of accounting principles and theory, cost accounting, budget control, financial accounting, managerial accounting, tax accounting, auditing, legal aspects of accounting, reporting procedures, planning and consulting, statement analysis, accounting research methods, business information systems, as well as professional standards and ethics.
During your accounting degree education, you will be able to improve and develop your computer skills, trained to work with spreadsheets, financial analysis packages and database entry. An accounting degree requires a methodical approach, attention to details, numbers and business skills.
An online accounting degree program will prepare you to play a crucial role in today’s competitive business and corporate environments. Depending on what type of accounting you decide to specialize in, your training will be widely sought after and will provide you with a solid foundation for countless opportunities. Your training can offer a range of services to companies as well as provide you the ability to go into business for yourself.
Career Opportunities with an Accounting Degree
Career prospects for people with an accounting degree are promising, according to the 2007 Bureau of Labor. The surge in demand for certified accountants is due to accounting firms and the accounting practices of public corporations being under intense scrutiny for financial practices in addition to changes in tax law.
A career in accounting will provide you with many opportunities in business and corporations of all sectors. You have opportunities for government accounting firms, working for the IRS, or even freelance accounting services. A post-accounting degree can lead to a career in government accounting and auditing, tax accounting, financial accounting, management accounting, even forensics accounting.
Average Salary for an Accounting Degree
Accounting has the most job opportunity as well as more job security. With an accounting degree, you can enter into almost any field and the chances of obtaining a job almost guaranteed as the demand for bright, ethical, knowledgeable accountants is greater than ever. A 2007 report by the U.S. Department of Labour’s Bureau of Labour Statistics, people with an accounting degree earn an average of $56, 680 a year.
Pros and Cons of Earning an Online Accounting Degree
Numerous schools are offering accounting degree programs online that are guaranteed to prepare people to enter a career in accounting and perform related tasks.
- Saves you time and money
- You can work and care for family while improving your prospects for a career in accounting
- Accounting degree online classes can be completed at your own pace
- You may choose to study your accounting anytime you want
- Online accounting degree programs are easy to enroll in
- Acquiring your accounting degree online is the perfect solution if you are unable to get time off from work to attend college
- Online accounting programs can be stimulating and enjoyable as long as you have a set time-table from the start, complete assignments, take exams at specified times, etc
Most cons are deficits on the part of the student rather than the online program.
- Lack of commitment to complete assignments, projects and exams at specified times
- Some online accounting programs fail to focus on critical areas of accounting
- Lack of organization
- No face-to-face interaction with fellow peers and teachers
- Lack of normal social relations
- Sometimes work and other personal commitment can prevent you from working fully
- Instructors are only available at certain specified times
- Lack of self-discipline and motivation to work and study on your own
Leading Schools for an Online Accounting Degree
Most of these online degree programs in accounting will prepare you to develop important technical, professional, as well as inter-personal skills needed to succeed in the ever-growing field of accounting.