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Online Accounting Schools

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Accounting is the action or process of keeping records of financial
transactions, especially where it concerns companies; an online accounting
degree has become a popular way to gain the credentials to enter a career as an
accountant. While there are many functions of an accounting department within a
company, the general duties are to ensure the proper management of funds.

People who enjoy math and have excellent analytical skills will enjoy a career
in accounting. Contrary to popular belief, accountants are actually very social,
customer service-oriented individuals as a result of their work environment.
They work normal business hours but perform a wide variety of different tasks
throughout the year. From figuring out personal and business taxes to balancing
complex spreadsheets, accountants need to be focused, self-motivated, pay close
attention to detail and be willing to work diligently. Those who love numbers
and providing solutions to many different financial problems will do well in an
accounting career.

Accountants typically need a bachelor’s degree in order to practice
professionally. However, this isn’t always the case. According to the U.S.
Bureau of Labor and Statistics, some companies hire accountants without a four
year degree. These include bookkeepers, accounting clerks and junior
professionals who lack the same privileges as full-time accountants. It’s
possible to get an accounting certification from a technical school or community
college, but by and large most accountants hold at least a bachelor’s degree in
accounting. In fact, many accountants choose to get a master’s degree in
accounting or business administration because they’ll be more competitive in the
job market.

Like any job, accounting offers advantages and contains disadvantages. On the
positive side, accountants usually work a 40-hour per week schedule during
daytime hours, which means they can spend time with friends and family on
weekends and holidays. They earn a decent salary and can expect good job growth,
as discussed in detail below. The downsides for accounting include a hectic
spring schedule, as tax season presents many different challenges. While
accountants love math and numbers, their day-to-day work is very taxing and can
lead to mental stress. They also hold a great deal of responsibility because
they handle people’s money and investments, which means they may face irritable
clients and a stressful working environment on occasion.


SEARCHING FOR THE TOP ONLINE ACCOUNTING DEGREE PROGRAMS

If you’re interested in becoming an accountant, then there are many excellent
programs both in person and online. Before you begin the search for the right
school, make a list of questions to ask their advisers. You should note:

 * The school’s ranking in a list of top accounting schools
 * Whether the school is accredited and what they do to maintain their
   accreditation
 * The average tuition and success rate of graduates
 * What post-graduation opportunities the school provides

Asking yourself and the school important questions early can help you make a
more informed decision. Because accounting is a constantly growing industry,
there are thousands of schools offering good programs. The key is finding one
that works with your schedule, budget and future goals.

Resource: Top 10 Best Online Master’s in Accounting Degree Programs

Navigating through the many different schools and programs for accounting can be
a challenge. If you value a distance learning program, then consider the
following universities:

Walden University: Founded in 1970, Walden University has been offering quality
instruction to its many students. In 1995, the school began offering online
programs and is nationally renowned for their emphasis on a research-based
approach to education. With 10 degrees at the certificate, bachelor, graduate
and doctoral levels, Walden offers many different options for those considering
an online accounting degree.

Southern New Hampshire University: In 1932, Southern New Hampshire University,
then under a different name, established itself as primarily an accounting and
secretarial school. While it has since become a renowned business school
offering a variety of majors and focuses, SNHU remains at its heart an excellent
school for accounting. They offer two bachelor’s degree programs and one
master’s program online in accounting.

National University: As the second largest school of higher learning in
California and one of the top schools in the country, National has earned its
place in a list of top accounting schools. Since 1971, the school has been
offering excellent instruction while keeping its mission of diversity. They
currently offer an associate’s, bachelor’s and master’s degree in accounting
through their online program.

If you’re wondering about the tuition for these and other online programs,
unfortunately there is no real average cost of tuition. Different factors affect
the total cost such as level of degree, courses you may have already taken and
whether you receive any military or other benefits. As an example, Southern New
Hampshire University charges $960 per course for undergraduate online programs;
with active duty military status, you will pay $675 per undergraduate online
course. Graduate courses cost $1,881 for non-military students. While there are
no number-specific averages available due to the varying nature of online
programs, you can expect to pay substantially more for an online graduate degree
than for an undergraduate one. Speaking with a school’s financial department
will help you get a clearer picture of the total cost.


CAREERS AND SALARIES FOR ACCOUNTING PROFESSIONALS

According to the U.S. Bureau of Labor and Statistics, those with accounting
degrees can expect 16% job growth over the next decade, which is about average
for other occupations. From 2010 to 2020, the Bureau projects that there will be
a change of 190,700 jobs, and in 2010 there were a reported 1,216,900 jobs in
accounting in the United States. Due to economic uncertainty, accounting remains
one of the steadiest industries. As financial balance is restored, accountants
will be looked to for guidance. It’s a promising career for those inclined
towards this field.

Accountants may need to spend several years completing an online degree, but the
average compensation makes up for the sacrifice, particularly for those with
more experience. Salary.com lists the following averages for different
accounting positions:

 * Accountant I (entry-level): $46,177
 * Actuary I (entry-level): $62,555
 * Accountant III (senior): $67,914
 * Accounting Manager: $86,040

According to the Bureau, the average salary of an accountant in 2010 was $61,690
per year. In addition to good job growth, accountants can expect a decent
salary, particularly for those who specialize in a field like auditing or earn a
certification to become a Certified Public Accountant (CPA). As with any job,
experience and certifications result in higher pay. An online accounting degree
is a particularly flexible way to get started towards your career as an
accountant.

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RANKING THE BEST ONLINE ACCOUNTING PROGRAMS

 * The Top 15 Best Affordable Online Master’s in Accounting Degree Programs
 * Top 10 Online Master’s in Accounting Degree Programs

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FAQ

 * Frequently Asked Questions About Accounting Degrees and Careers

PROFILES

 * Profiles

DEGREES BY STATE

 * Degrees by State

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 * About Online Accounting Schools
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