why do we need to study accounting


College students nationwide have returned to the classrooms this fall, many unsure of what they are eventually going to major in. If you find yourself in similar place, maybe it is time you consider a degree in accounting, whether you attend classes on campus or want to earn your accounting degree online. In today\’s business climate, accounting is about more than just crunching the numbers. As business has evolved, so have the roles of accountants in the business world. Because of this, there are a number of reasons why studying accounting has become a very rewarding career decision. 1. Accounting has become a rapidly growing career field. With the increase in regulation as it pertains to business, there has also been an increase in the staff each company needs to make sure they are obeying those regulations. P
2. There are many different fields open to accountants. Cost accounting, forensic accounting, internal auditing, management accounting and independent accounting are just a few of the rapidly specializing fields that accountants can now experience with a degree in accounting. 3. Many colleges and universities offer online accounting programs which allow you to go to school while still working or spending time with your family. Unlike even ten years ago, online accounting degree programs are now offered at a number of great schools. 4. Accounting degrees can offer great opportunities for advancement. Krispy Kreme, Applebee\’s and Philip Morris are just a few of the companies where chief financial officers (CFOs) were promoted to chief executive officers (CEOs) over the last couple years. 5.


Accounting gives you the necessary education to move in to other areas. When working with accounting, you get to experience a wide array of different parts of a business, making it easy to transition in to another department if you wish. Beyond these five reasons, having studied accounting can be helpful in many other arenas. Those that have understand money and understand taxes. They understand how to work within the laws and regulations in their industry to maximize profits and minimize losses. They can help a company make good financial decisions. Those are skills anyone in the business of doing business can respect. If you are considering a career change, or have been told you need to earn a degree to be considered for promotions at work, an accounting degree will help move your life forward. can give those with full-time jobs and families an opportunity as well. Finally, being an accountant can give you the freedom to live your life how you want. There is not one sector of the economy that can get by without an accountant. Whether its government, private industry or even being self-employed, accountants will always be able to find a good, well-paying job. is a professional marketing content writer who blogs on a variety of topics. Follow her @MissWritey. For those considering a degree in Accounting Finance but need further convincing, the Complete University Guide lends its expertise. Here are 8 compelling reasons to study Accounting Finance: 1. Excellent graduate prospectsP Just check out our Accounting Finance, look down the Graduate Prospects column and you\’ll spot that students of accounting stand a decent chance of being professionally employed within 6 months of leaving uni.


P 2. Graduate schemes As our Ptable proves, many of the UK\’s graduates are employed by financial services firms, withP, and, numbering just a few. Naturally these sort of firms are on the lookout for outstanding Accounting Finance students to fill the places on their graduate schemes. Study accounting and there\’s a good chance you\’ll find yourself working for an established company with a structured training programme and clear career progression. 3. PThe world needs its accountants As long as money makes it go round, the world will need its accountants. Sure, accountants and finance professionals have to move with the times and stay up-to-date, but the profession is unlikely to expire anytime soon. P 4. You could work in any industry Accountants record, classify, summarise, interpret and communicate the financial information about a business. You can apply this to any company, in any field, industry, sector you name it. Better still, you could be working across a number of industries. P. Internationally diverse cohort Subjects which fall under the broad spectrum of Business and Administrative Studies, including Accounting Finance, benefit from the most culturally diverse student cohort of all. Over 55,000 of the UK\’s students in this area come from overseas. A diverse cohort will not only expose you to people of different cultures but can provide you with an international network of contacts who could prove influential later in life.


More info on 6. Joint honours Accounting Finance complements other subject areas very well, particularly those which fall under the large umbrella of business. A number of universities offer courses to reflect this fact. Study for a joint honours degree to become a broad business person, an accountant with a second language (particularly useful in a global marketplace), or simply combine with another passion of yours. Here\’s a list of at Queen\’s University Belfast, it\’ll give you an idea of what\’s available. 7. Real-life application Accounting Finance degrees often take a highly practical approach, meaning universities ensure their students learn by doing. Students benefit from simulated and real-life opportunities to manage business accounts. Many Accounting Finance courses have an optional placement year, and with a year in industry under your belt you\’ll surely leave prepared for the rigours of professional life. Here\’s a list of. Click on courses for more details including contact details and entry requirements. 8. Year abroad opportunities Business is a global enterprise these days, and it would be silly for Accounting Finance education providers to not reflect this fact. Hence why so many do. A year abroad will provide students with a deep understanding of the global economy, experience of other cultures, and language skills. Here\’s a list of. Click on courses for more details including contact details and entry requirements. Next page:

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