Over the years, Accounting has generally been perceived as a prestigious profession. Albeit, one might argue it is a boring job since the traditional bookkeeping has always involved tedious and repetitive tasks done sitting on a chair in a relatively isolated environment with less human interaction. However the accountancy profession has evolved over the years and it has certainly become easy due to the advancement of IT. Further, today’s modern business world expects an accountant to actively participate in decision making processes - especially in areas such as financial consultation. This has resulted in the accountancy profession becoming more interesting and challenging.
As an accountant, you are free to select your area of specialization from several avenues. A public accountant may get involved in accounting, auditing and tax consulting. Recent developments have resulted in services broadening into budget analysis, financial and investment planning and even information technology consulting. Management accountants, on the other hand, mainly record and analyze financial information for their companies. Further, they are also responsible for budgeting, cost management, performance management as well as asset management. Internal Auditing gains popularity by the day, as more and more corporate scandals unveil. They need to verify the efficiency and effectiveness of the internal controls of an organization as well as its compliance to corporate policies, procedure, rules and regulations.
Accountancy profession requires an academic qualification such as a degree or a professional qualification like an entry level qualification in general. Further, if you are willing to work as a freelance accountancy consultant, an associate degree may provide you with a basic foundation. You may wish to start up your own business one day. However the knowledge on the fundamentals of accounting will always provide you an edge.
You will come across Associate of Arts, Associate of Science and Associate of Applied Science in Accountancy degrees over the internet. Ideally, the Associate of Arts and Associate of Science in Accountancy programs start with courses in business, communication and social sciences and later developing into principles of bookkeeping finance and tax. On the other hand the Associate of Applied Science programs focus more on application of knowledge in solving real world business problems.
So if you are a bizymom who is committed to your children at home, dropped out after high school but dreams earning your accountancy degree one day, an online associate degree in accountancy is ideal for you. The programs are ideally created to cater people who prefer to stay at home and learn. The students are allowed to study at their own pace and times with no lectures or pop quizzes and most importantly without having to commute to the classes. Generally an associate degree consists of 60 credits and is designed to be completed over two years. Although the physical interaction between lecturers and classmates is less, the extensive support provided by the instructors online often exceeds the requirement of a student. Further, research data reveals that the students are actually more proactive in online discussions than they are in classroom discussions. Therefore there is no concern over the quality of education and the experience you gain through online education.
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