Saturday, October 23, 2010

360 Degrees of Possibilities in Accounting

Accounting is one degree with many possibilities – this is how the American Institute of Certified Public Accounts summarizes a career choice in accounting. Indeed the 360 degree view of accounting offers students career opportunities in the wide fields of finance and accounting. The fundamentals of accounting in many economic endeavors are undeniable. The fact that one can now earn accounting degrees online makes this career choice accessible to nearly everyone who has the drive and the passion to learn accounting technology. There are a number of reasons why you will want to take an online degree in accounting rather than the traditional classroom course. One of the obvious ones is the fact that accounting degrees online are up to 10 times cheaper that attending a college or university. Taking into consideration the tuition, books, accommodation and transportation, you can clearly see that the power of the internet in all these areas is the logical solution.

That however doesn’t that the course online will exempt you from taking your course seriously. The same entry requirements are expected of anyone enrolling for an online course. When it comes to prerequisites however, you have some advantages that traditional courses do not have. These include accounting experience, transferable credits and a host of other considerations that may exempt you from certain units. Seriousness nevertheless, is still expected of anyone taking his or her education online. For beginners, the course begins with accounting basics that address fundamental concepts of accounting and lays a foundation for what is to come. In the first units, the course will build on accounting principles and emphasis will be placed on the uses and purposes of accounting and financial statements and an overview of accounting information systems and automation is introduced.

Information systems today have become integrated into nearly all aspects of business and accounting degrees online require that students learn the fundamentals of information systems and technology as well as the relationship that exists between information systems and business operations. Business law, regulation and tax preparation are also other units that are covered. Students get to learn about the different types of taxes that exist in finance and the tax laws surrounding them. Bankruptcy, employment and contract law are all covered as well. Most online accounting degrees require that the students access a learning network that allows them to interact with other students and instructors either via email or via a discussion board. Accounting degrees online or offline will offer you an opportunity to work in the government, become a partner in an accounting firm or an entrepreneur, a 360 degrees view wide open.

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