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If you’re torn between https://www.bookstime.com/ing in general business and majoring in accounting, then you should learn as much as you can about the pros and cons of each decision. While there is a good deal of overlap between these two degree paths in both curricula and career opportunities, there are many benefits of pursuing an accounting degree over a business degree. This piece of ad content was created by Rasmussen University to support its educational programs. Rasmussen University may not prepare students for all positions featured within this content. Rasmussen University does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced. Rasmussen University is accredited by the Higher Learning Commission, an institutional accreditation agency recognized by the U.S.

In addition, it covers developing project schedules using the Critical Path Method. Other topics include calculating and evaluating formulas, measures of uncertainty, crash costs, and visual representation of decision-making models using electronic spreadsheets and graphs. This course ties together all the skills and knowledge covered in the business courses and allows the student to prove their mastery of the competencies by applying them in a simulated business environment.

Why is accounting a good career?

A traditional four-year program, students complete 120 credits, including a 39-credit Business Core, and a 24-credit upper-division Accounting Core. The answer to, “what is accounting?” is fairly broad; prospective accounting professionals can pursue several different educational paths at different academic levels. Most accountants earn at least a bachelor’s degree, which can lead to a certified public accountant credential, but there are other options as well. One way to have a taste of business administration and accounting is to enroll in a Bachelor of Science in Business Administration with a concentration in accounting. Old Dominion University offers this 120-credit degree that requires a minimum of 24 hours of accounting covering financial accounting, taxation, managerial accounting, and auditing.

This course reviews the legal and regulatory framework surrounding employment, including recruitment, termination, and discrimination law. The course topics include employment-at-will, EEO, ADA, OSHA, and other laws affecting the workplace. This course covers how to analyze current trends and issues in employment law and apply this knowledge to manage risk effectively in the employment relationship. This course will help students gain an understanding of the different assurance services, the AICPA Code of Professional Conduct, and the conceptual framework for members in public practice. The course will teach students how to assess for audit risk, develop an audit strategy, and gain an understanding of the audit client.

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In nearly all cases, however, students must show an academic background that demonstrates readiness for master’s-level coursework. The information below gives prospective students a clear idea of what each program level offers, who it best suits, and what kind of careers it can open up. Earning a CPA credential can expand your career potential and set you apart from other accounting professionals. Capella students have a great way to complete gen ed requirements with access to ACE-recommended courses from our affiliate, Sophia Learning. The total cost of your degree will depend on your learning format, academic performance and other factors.

Emotional and Cultural Intelligence focuses on key personal awareness skills that businesses request when hiring personnel. Students will increase their skills in written, verbal, and nonverbal communication skills. The course then looks at three areas of personal awareness including emotional intelligence , cultural awareness, and ethical self-awareness – building on previously acquired competencies and adding new ones. This course helps start students on a road of self-discovery, cultivating awareness to improve both as a business professional and personally.

Two Full Programs and a Concentration to Choose From

Students are thoroughly prepared for business, including real world experiences, an interactive class environment, one-on-one comprehensive professional instruction and supple guidance. Accounting is recognized as one of the world’s leading professions and will offer you many opportunities for a rewarding career. The W. A. Franke College of Business programs can prepare you for your first position in the field of accounting, enhance your employment opportunities, and more.

• Actively participate in student organizations to develop leadership skills.
• Meanwhile, business administration places an emphasis on business management and operations.
• This course introduces cost terminology and flows, standard cost systems, relevant costing, budgeting, inventory control, capital asset selection, responsibility accounting, and performance measurement.
• Majors in mathematics, science, engineering, and liberal arts scored higher.
• Schools issue certificates for completion of short academic programs, while professional organizations or state agencies provide certifications for meeting various requirements.
• Other topics include uses of application software and the Internet for effective problem solving, exploration of relevant technologies for collaboration, and how information is used and shared to accomplish business goals.
• Through virtual job fairs and networking with the alumni community, we’ve made it easy to tap into the experience and connections of your peers and colleagues at the University.

This program focuses on 10 core competencies to prepare you for success wherever you go. Many, but not all, people in the accounting field become Certified Public Accountants . Whether or not you earn the CPA designation, as a public accountant you can perform a wide range of tasks including auditing and tax preparation for companies, government entities or individuals. As a student of the BS in Accounting program, you’ll also have the opportunity to pursue an internship, or an experiential learning course. These options will help you meet programmatic and industry requirements, and gain hands-on experience employers value.

What Jobs Can I Get With an Accounting Degree?

business accounting and audit tax returns for companies, government entities or individuals. You may work for a large accounting firm, or even work your way up to opening your own agency. Some public accountants have specialties including in fields such as criminal justice .