Aspiring accountants need a bachelor’s degree in accounting or business to begin work in the field. It typically takes about four years and 120 credits to complete a bachelor’s degree. Those with an associate’s degree could enter the field as bookkeepers or accounting clerks. However, a bachelor’s degree in accounting or a related field is considered the minimum educational requirement for those planning to become a CPA. Some states require advanced coursework even beyond the standard bachelor’s degree in topics such as financial reporting, tax, auditing, and other non-accounting business areas. Many accountants work in tax preparation, bookkeeping, and payroll services. Others work in finance, insurance, and government. Accountants can work for large companies, in small companies, or as self-employed professionals. Here let’s discuss and deeply explain that what degree you need to be an accountant.
Types of Accounting Degrees
Accounting degrees are available at the associate, bachelor’s, master’s, and doctoral levels through traditional on-campus learning or online options. Each degree level can lead to specific opportunities for graduates, ranging from administrative roles and entry-level assistants to academic chairs. Students must identify their goals and understand how completing each stage will help them achieve those goals.
An associate degree in accounting prepares graduates for a variety of positions within the industry and can be completed in 1 or 2 years, depending on the student’s choice of full-time or part-time education. Although it takes half the time required to earn a bachelor’s degree, an associate’s degree in accounting covers a broad spectrum of topics related to the field, including basic accounting principles, tax basics, payroll accounting, and personal finance. Other accounting-related topics such as microeconomics/macroeconomics, business law, and accounting technology are also included. As the world of accounting evolves to incorporate more technology and data analysis, this knowledge will be invaluable to employers; students with accounting software proficiency will be highly desirable.
What degree does an accountant need?
Depending on where you live, an accountant will likely need at least an associate’s degree or a bachelor’s degree in a related field to become certified. Different states have different amounts of post secondary credit requirements. Accountants are financial professionals who manage budgeting and tracking expenses, and while their degrees are not required to be in accounting, many states require that they have at least an accounting major. Here are some courses you can take while completing an accounting or finance program:
- Quantitative reasoning for business.
- Basic concepts of business computing.
- Principles of Macroeconomics
- statistics for companies
- Accounting Basics
- free financial accounting presentation,
- The fundamentals of business analysis.
- Free presentation of accounting law,
- Management accounting
- The basics of business communication.
- Operations management and information systems
- Introduction to taxation methods
- Fundamentals of financial management.
- Income measurement and asset valuation
- Introduction to auditing
- Principles of marketing strategies.
- Ethics and accounting laws
- Management analysis and control accounting.
Typically offered as a Bachelor of Science, a four-year accounting degree is a highly specialized program that prepares graduates to work in a variety of capacities within the accounting industry. This level of education may be appropriate for students who do not wish to become a certified public accountant (CPA), as certification requires additional coursework at the graduate level. Graduates of an accounting degree program will have a deep and holistic understanding of the business cycle and the accounting principles that govern responsible practices. Special skills include the preparation of financial statements and tax documents, internal auditing, financial advice, and broader skills in organizational management and evaluating the overall effectiveness of the company.
Steps to become an accountant
Enroll in a degree program
No matter what you plan to do in your career, you’ll need to earn your Bachelor of Science in accounting first. The first step in learning to become an accountant. In your accounting degree program, you will take math classes and learn about tax law. You can expect business related matters such as:
- financial record
- personal and business tax
- international finances
Finally, you’ll want to improve your communication skills, as these will be essential to building strong working relationships with the people and management teams who will rely on your expertise. Students who do well in accounting programs tend to excel in math and be organized, analytical, and structured. A bachelor’s degree is the first step in preparing you to take the CPA exam or find an entry-level job as an accountant.
Get an internship
Many students find that working in a paid or unpaid internship can provide valuable experience that can pay higher wages and increased job opportunities after graduation. Sometimes an internship can lead to a job offer, so it’s important to be professional, build your network, and put your best foot forward every day.
Complete your degree
Completing your degree program, along with any required additional coursework, is the next step on your path to a career in accounting. Keep in mind that many colleges require a specific grade point average if you are going to graduate.
Get a job
With your degree in hand, you’ll be ready to search for and land an entry-level job in the accounting field. You could even earn the extra credits needed to take the CPA exam while working your first job.
Before you go, I hope that the above article related to what degree do you need to be an accountant will be informational and beneficial for you.