Why Consider a Degree in Accounting?
With tax season approaching, accountants are becoming busier than ever preparing for the hundreds of clients they will receive. The future of accounting looks promising; the Bureau of Labor Statistics (BLS) expects long-term job growth for accounting and business careers. The job demand is expected to increase in response to the global financial crisis and ensuing government regulations.
In today’s business environment, there is much more to accounting that simply crunching numbers. As businesses evolve, the role of accountants has also evolved. As the economy grows and new businesses form, accountants and auditors will be hired to perform the back-office functions: collections, disbursements, inventory, payroll, procurement, tax preparation and more. Most new jobs will require a bachelor degree for accounting-related fields. Below are a few reasons why a degree in accounting is a rewarding career path.
- Accounting continues to grow as an industry. As regulations increase, businesses need to increase staff to ensure regulations are being obeyed.
- A career in accounting pays well. According to the Bureau of Labor Statistics (BLS), the median pay for people with four-year accounting degrees is around $62,000 a year but varies by industry and location. Whether its government, private industry, self-employment, accountants are consistently in demand and will always be able to find a well-paying job.
- There are a variety of fields hiring accountants. Forensic accounting, internal auditing, cost accounting, independent accounting, and management accounting are only a few of unique fields that are looking for accountants whose duties vary from taxes to corporate forecasting and reporting. Accounting also offers the necessary business education to move in to other fields and areas of Those with a degree in accounting may find a career with accounting firms, the banking industry, financial services, the insurance industry, with the government, or private businesses.
- Many universities offer flexible online accounting programs. These programs are ideal for busy parents or working professionals looking to extend their education or jump into a new field.
National American University (NAU) offers various accounting degree programs designed to educate students of the guidelines and regulations of accounting, along with the four most vital areas of accounting: cost, finance, taxation, and auditing. At NAU, students have the opportunity to receive an Associate of Applied Science in Accounting or a Bachelor of Science in Accounting. If you’re considering accounting as a possible career path, learn more about National American University and its Austin TX accounting classes and online accounting program here.