Corporate accounting is the management and recording of financial information for a business. To study these processes in an accounting Bachelor of Business Administration program, students must typically possess a high school diploma or GED for admission. Schools may require students to compete general coursework in mathematics, English and science before they begin accounting coursework.
These programs typically take four years to complete. Graduates can continue their education with a master's degree and may also consider getting certified in accounting.
Bachelor of Business Administration in Accounting
A BBA in Accounting program can prepare graduates to create reports that detail a company's assets, liabilities and financial outlook for company executives and stockholders. Students can learn about budgeting, financial analysis and internal auditing. Tax preparation for businesses, payroll preparation and cost accounting may be part of the coursework. BBA students also become familiar with the computer software used by accountants. Course offerings may include:
- Business law
- Business taxation
- Accounting information technology
- Financial reporting
- Statistics for business
- Cost accounting
Popular Career Options
Upon graduating from a BBA in Accounting program, individuals can become accountants in various professional settings. Corporate accountants are primarily responsible for auditing, expense management and budget analysis for corporations. Additional fields that BBA holders can find employment in may include:
- Personal finance
- Non-profit accounting
- Public accounting
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS) (www.bls.gov), job openings for accountants and auditors in general should increase by 11% from 2014-2024. Although specific salary data for corporate accountants isn't available, the median salary for accountants and auditors as of May 2015 was $67,190, per the BLS.
Continuing Education and Professional Certification
A graduate with a bachelor's degree in accounting can go on to pursue a Master of Business Administration (MBA) with a concentration in accounting or a Master of Accounting degree. Many professional associations provide continuing education courses so accountants can update their skills.
Corporate accountants may earn the Certified Management Accountant (CMA) designation from the Institute of Management Accountants by passing a 2-part examination and possessing at least two years of professional experience. Corporate accountants who may need to interact with the Securities and Exchange Commission could earn the Certified Public Accountant (CPA) designation, offered through their State Board of Accountancy. In almost all states, CPAs must have completed at least 150 credit hours of coursework to sit for the certification examination.
A BBA program in accounting offers classes that focus on corporate accounting; however, the curriculum is general in nature and is sufficient for any type of accounting career.