A Bachelor in Accounting degree is beneficial for those who work as accountants, auditors, bookkeepers, and tax preparers. Core courses usually cover aspects of auditing, business, finance, and management. Graduates often work for accounting firms or prepare taxes. Bachelors in Accounting programs typically require three to four years to complete.
University Degree Offerings
University of Alabama at Birmingham Bachelor of Science in Accounting
The University of Alabama at Birmingham Bachelor of Science in Accounting program emphasizes the fact that Today’s businesses are facing increasingly complex financial requirements and need professionals who are skilled in accounting-specific areas to lead them through these challenges. Our graduates are prepared to be future business leaders and follow a prestigious career path that allows for industry and career mobility, as well as excellent earning potential.
University of Alabama at Birmingham Bachelor of Science in Accounting
Accounting degrees are available at certificate, associate, bachelor, masters, and doctorate levels; they are often concentrations offered as part of business degrees, rather than stand-alone degrees. They typically carry the “science” designation, as in Master of Science in Accounting, but some colleges offer degrees such as Bachelor of Arts in Business Administration with a concentration in Accounting.
Certificates may be available at non-degree status, as well as undergraduate or graduate levels. They typically focus on one specialized area, such as CPA preparation, business administration, or financial analysis.
At the associate level, students may learn about various types of accounting, such as financial, cost, and managerial accounting, along with an overview of business management.
Bachelor degree programs for accounting students usually explore areas such as business management and business law, financial and managerial accounting, and fraud detection and examination.
Accounting is often a concentration in Master of Business Administration (MBA) degree programs. Students usually study courses such as managerial accounting, strategic management, tax factors in business, quantitative analysis, and financial reporting.
Doctorate degrees in accounting are also typically concentrations or specialties combined with Doctor of Business Administration (DBA) or Ph.D. degrees in Management. Studies are more comprehensive in areas of domestic and international accounting and auditing, forensic accounting, and accounting software and information systems.
Why an Accounting Degree Online
- Individuals who earn bachelors in accounting degrees typically have higher earning power than those with little or no college education, along with better job stability and lower unemployment.
- Due to ever changing tax and finance laws, ongoing education is important for professionals in this field to add to their existing knowledge and acquire new information.
- Graduates may choose from a variety of fields in accounting and finance, including bookkeeping, auditing, tax preparation and examination, and payroll preparation.
- Salaries for graduates with accounting degrees vary widely, depending on the exact career path chosen. For example, payroll and financial clerks may earn around $26,000 a year, while accountants and auditors may earn over $50,000 and tax examiners may bring in $92,000 annually.
Accounting Degree Courses & Areas of Study
The primary courses in a Bachelor in Accounting degree program usually include:
- Basic accounting principles and practices.
- Types of accounting, such as cost, financial, and managerial accounting.
- Taxes and auditing.
- Corporate finance.
- Business law.
- Business systems design and analysis.
Depending on the career focus, students may choose from among many specializations, such as the following:
- Estate and financial planning.
- Financial accounting or managerial accounting.
- Corporate and federal taxation.
- Financial forensics accounting and fraud examination.
Accopunding Degree Career Opportunities
Graduates with Bachelors in Accounting degrees may enjoy a variety of careers. This brief list gives an overview of a few potential careers, only as a guide, and is not comprehensive:
- Accountants and auditors. Annual salaries may range from about $62,000 to $107,000, with a job outlook of 16 percent growth from 2012 to 2020.
- Bookkeepers, and accounting and auditing clerks. Annual salaries may range from about $34,000 to $51,000, with a job outlook of 14 percent growth from 2012 to 2020.
- Payroll and financial clerks and administrators. People in these careers may earn annual salaries ranging from about $26,000 to $50,000, respectively. The job outlook for growth is about 11 percent from 2012 to 2020.
- Tax examiners and collectors. Individuals in this category may earn annual wages varying from about $39,000 to $92,000. The job outlook for growth is only about 7 percent from 2012 to 2020, but new tax enforcement laws may increase this rate.
Accounting Degrees Online
It is difficult to balance school and life obligations, but online education provides the necessary flexibility and convenience busy adult learners need. An online Bachelor in Accounting degree program enables students and professionals to study when it fits into their schedules, while maintaining work and family obligations.
Accounting Degree Education & Admissions Requirements
Students interested in enrolling for Bachelors in Accounting degrees typically must have high school diplomas, GEDs, or associate degrees, and show documentation for one of those. They also must usually submit official transcripts, statements of purpose for enrolling in the accounting program, letters of recommendation, resumes, and they must complete college-level entrance exams.
Accounting Degree Accreditation
Proper accreditation, which is usually regional accreditation, the nation’s highest form of accreditation, is essential for any Bachelor in Accounting degree program. This ensures students will not waste time, effort, and funds. Another important accrediting board for schools and programs offering accounting and finance degrees is the Association to Advance Collegiate Schools of Business (AACSB), which ensures that business degree programs maintain a high quality instruction that fully prepares business graduates for the workplace.
Top Ranked Accounting Degrees
Earning a Bachelor in Accounting degree from a top-ranked institution means its prestige and name recognition influences the acceptance of the degree, allowing it to carry even more weight and giving the graduate a competitive edge. Prominent institutions with accounting degree programs also compete for high ranks by such organizations as Forbes, U.S. News & World Report, and the Princeton Review.
Accounting Professional Organizations
Accounting and finance students and graduates can profit from joining and networking with excellent professional organizations, such as the following:
- American Accounting Association (AAA) AAA promotes and supports best practices in accounting, as well as education and research.
- American Institute of Certified Public Accountants (AICPA): The AICPA sets ethical standards for CPAs and auditing standards for audits, and welcomes accounting students and CPA candidates to join so they can remain current with topics and laws affecting the profession of accounting.
- Financial Standards Accounting Board (FSAB): The FSAB establishes and upholds standards for ethical financial accounting and reporting.
- National Society of Accountants (NSA): The NSA promotes excellence in the profession of accounting and taxation, in ethics and education.
- Professional Accounting Society of America (PASA): The PASA caters to entry-level and mid-level accountants as a source for networking and professional development.