online accounting degree

Online Accounting Degree Prepares You For The Working World

Online Accounting Degree Prepares You For The Working World

Earn your online degree in as little as 15 months!
Do you enjoy working with large data sets? Does the thought of complex spreadsheet construction and analysis excite you? If so, then a career in accounting might be just what you are looking for. Businesses of all sizes and from all industries require someone with a certain knack for and skill set in accounting to help them run their business efficiently and profitably. Debits and credits, balance sheets and trial balances, payroll processing, financial reporting and budgeting are all a part of the accounting world. And an online accounting degree can help you get started in this field sooner than you might think!
Can an online accounting degree really prepare me for real world accounting jobs?

One of the wonderful things about accounting is that Accountants and Bookkeepers must follow the GAAP Rules. The GAAP Rules, otherwise known as “Generally Accepted Accounting Principles”, refer to the standard framework or guidelines for financial accounting used in any given jurisdiction; generally known as the accounting standards. These include the standards, conventions, and rules that accountants follow in recording and summarizing financial documents. The GAAP are developed and published by the FASB (Financial Accounting Standards Board).

So you see, the accounting world has set rules that apply to everyone. Although you may find work in industries where specific software is used, the basic accounting rules remain the same. You may have to learn the software or how they prefer the format of the reports, but the information and the output does not change. Financial statements and reports employ basic elements that crossover industry and software gaps. For example, a balance sheet always shows assets and liabilities to reveal equity and P&L (profit and loss) statements show income minus expenses to show net profit.
An online accounting degree could increase your earning potential!

According to the Bureau of Labor Statistics, the median annual wage of accountants and auditors was $61,690 in May 2010. The lowest 10 percent earned less than $38,940 and the top 10 percent earned more than $106,880.


Bureau of Labor Statistics Chart


Earn your degree in as little as 15 months!

If you already have your associate’s degree, the 100% Online Bachelor of Science Degree in Business with an Accounting Concentration might be ideal for you! For more information on our bachelor degree completion program offerings, or to speak with an admissions representative and apply for career training, contact us today by visiting our Centura College Website. You can also learn more about Centura College at our Consumer Information Disclosure page, Your right to know.

SOURCES:

Bureau of Labor Statistics, U.S. Department of Labor – from http://www.bls.gov/ooh/Business-and-Financial/Accountants-and-auditors.htm#tab-5 (visited 10/3/2013)