Given that these are graduate programs, a bachelor's or master's degree is required for enrollment. In general, students in these programs should learn how to manage the finances of corporations and government agencies. They should also receive general accounting training, learning how to balance expenditure ledgers, conduct internal audits, and write financial analysis reports. Following completion of these programs, graduates can earn voluntary certification or seek licensure to become certified as an accountant.
Executive Graduate Certificate in Accounting Summary of Controllership
Many of these certificate programs have a few required courses that provide general training in a broad range of accounting subjects, including business operations, finances, and legal concerns. Elective coursework allows students to focus on areas such as controllership coursework. Common courses in these programs may include:
- Managerial accounting
- Cost information
- Multinational financial analysis
- Controllership and cost management
- Accounting security and control
- Financial information systems and databases
Possible Career Options
Earning graduate certificates in accounting with a focus in controllership may provide individuals with marketable skills, but certain careers may require applicants to hold additional undergraduate and graduate degrees. Upon meeting academic and other requirements, potential job titles related to this certificate program may include:
- City controller
- Financial officer
- Management accountant
Employment Outlook and Salary Info
As estimated by the U.S. Bureau of Labor Statistics (BLS), the employment of financial managers is predicted to increase by 7% between 2014 and 2024, which is about average compared to all occupations. Accountants and auditors should expect a 11% increase during the same time period, which is actually faster than average. In May of 2015, the BLS estimated that accountants and auditors earned a median income of $67,190 annually, and financial managers received median salaries of $117,990.
The majority of students who enroll in these certificate programs most likely already possess bachelor's degrees, which, according to the BLS, allows them to meet the minimum education requirements for many careers related to accounting, auditing, and financial managing. Trends listed in the BLS, however, show that more employers within these industries prefer applicants who hold graduate degrees related to business management, economics, or accounting.
Since many individuals with accounting degrees or certificates often become public accountants, they are required to become licensed as certified public accountants (CPAs) within their state of employment. Licensing procedures for most states mandate that applicants meet education and experience requirements prior to taking the CPA exam. Upon passing the exam, professionals must maintain their certification by participating in continued education coursework periodically.
Voluntary certification programs are also available for professionals in this industry. For example, the Institute of Internal Auditors (IIA) offers the Certification in Control Self-Assessment (CCSA) program. Topics covered in the CCSA exam may include business objectives and organizational performance, control self-assessment program integration and risk identification. Professionals must renew CCSA certification every two years by completing at least 40 hours of approved continuing professional education credits.
Graduate level study within the accounting controllership field is available in the form of an executive graduate certificate. Prospective students in accounting summary of controllership should expect to learn multinational financial analysis and accounting security and control.