Through studying record-keeping techniques, financial reporting, financial analysis and proper data presentation procedures, individuals in Associate of Business in Accounting programs can gain a solid foundation in the fields of accounting, auditing or bookkeeping. Applicants must have a high school diploma or its equivalent.
Associate of Business: Accounting
An accounting degree program teaches accounting methods and management skills. Students can learn to solve problems and apply accounting principles to business settings. Courses might include:
- Cost accounting
- Accounting information systems
- Financial management
- Business math
Popular Career Options
Generally, an Associate of Business in Accounting allows students to qualify for entry-level accounting, bookkeeping or auditing positions. According to the U.S. Bureau of Labor Statistics (BLS), employers increasingly want employees in entry-level positions to have at least an associate degree (www.bls.gov). Individuals may receive some on-the-job training, even if they hold an associate degree. Some possible career titles include:
- Accounting clerk
- Auditing clerk
- Tax preparer
Employment Outlook and Salary Information
In May 2018, the U.S. Bureau of Labor Statistics (BLS) reported median annual salaries of $40,240 for bookkeeping, accounting and auditing clerks and $70,500 for accountants and auditors. From 2018-2028, the clerks can expect an 4% decline in employment, while accountants and auditors can look forward to an 6% increase, the BLS predicted.
Continuing Education Information
An Associate of Business in Accounting can be a stepping-stone toward earning a bachelor's or master's degree in accounting. Individuals may wish to pursue a bachelor's or master's degree in order to become accountants or auditors. According to the BLS, most employers prefer accountants and auditors to have at least a bachelor's degree. Additionally, in most states, according to the BLS, a student must meet credit hour requirements that go beyond an associate degree to become a Certified Public Accountant (CPA).
By earning an Associate of Business in Accounting, students can gain the basic business and accounting skills they need to pursue entry-level jobs. Graduates also have the opportunity to improve their employment prospects by pursuing further training in the field.