Online Certificate Programs in Tax Accounting

Mar 31, 2020

Overview of Online Tax Accounting Certificate Programs

Depending on their qualifications, students can pursue both undergraduate and graduate online tax accounting certificate programs to further their education. Undergraduate programs require students to have a high school diploma, while graduate programs require students to have an undergraduate degree, with some specifying that the degree must be in accounting or a related field. Generally, a student needs to complete nine to 21 credit hours to earn an online tax accounting certificate.

Certain colleges may have a GPA requirement in place as an admission criterion for students and it could vary. Some certificates may have prerequisite courses as well; however, some colleges allow students to complete these courses during the program. The certificate can be earned online by a student who has basic technology equipment like a computer with a microphone, speakers and a webcam.

Undergraduate Certificate in Tax Accounting

As a part of this certificate's training, a student learns basic accounting skills and principles to be ready for an entry-level job in tax accounting. The fundamentals of business accounting and federal taxation are taught in the certificate program. A high school diploma is a prerequisite for the program.

Information and Requirements

Undergraduate certificates in tax accounting can be earned online by learning the coursework. The certificate requires about 15 to 18 credit hours for completion. A student of this program requires to have a computer with high-speed internet connectivity to take classes online.

Course Topics

The undergraduate certificate teaches students coursework relevant to tax accounting.

Financial Accounting

Students are introduced to the basics of financial accounting relating to assets, inventory, liabilities, equity and more. With this course, they acquire the ability to process financial accounting information and understand the accounting system. A student pursuing this course should learn how to summarize, analyze and prepare reports of financial transactions.

Business Tax Accounting

Here students learn how they can use accounting information to make well-informed decisions in a business environment. They also get to know the financial benefits of certain practices in business. Specific topics might include corporate taxation, partnerships and trusts.

Individual Income Tax

As a part of this course, a student is introduced to the U.S. tax laws and the Internal Revenue Code. Topics specific to individuals (versus businesses) include income exclusions, capital gains, deductions and more.

Graduate Certificate in Tax Accounting

For an online graduate tax accounting certificate, students should hold a bachelor's degree, and the degree may need to be in accounting or a relevant field. Multiple universities offer this program online and those who seek to complete the program online need to have a computer with high-speed internet to take lectures.

Course Topics

The coursework for a graduate certificate in tax accounting builds on the tax accounting skills the students have gained during their undergraduate work.

Advanced Tax Accounting

This course lets a student learn the accounting of mergers, accounting of various currencies, governmental accounting, debt restructuring, and others. Students get familiar with the more advanced accounting systems of the financial market.

Advanced Federal Taxation

This course is typically specialized in nature, with some federal taxation courses focusing on individuals and others on federal taxation of businesses. Corporation-specific courses might consider how taxes affect business planning and decisions.

Principles of Auditing

Students are made familiar with the logical principles, assumptions, and requirements which help in the process of auditing. In this course, they also learn how to create standard auditor's reports for organizations and business entities.

Career Outlook After-Tax Accounting Certificate

Upon completion of an undergraduate certificate in tax accounting, a student could be employed as an accounting clerk or a tax preparer. Those who already hold a bachelor's degree in the field and are working as accountants or auditors might use the graduate certificate to specialize in taxation.

According to the U.S. Bureau of Labour Statistics, accounting clerks earned $40,240 per year in May 2018, while tax preparers earned a median salary of $39,390 per year. Accountants and auditors had a median salary of $70,500 in 2018. These salary figures could vary depending on the employer and skill level of the employee.

Tax accounting certificates open up opportunities in the field. Students who opt for an online certificate in tax accounting improve their tax accounting skills without needing to study on campus.

Next: View Schools
Created with Sketch. Link to this page

Popular Schools

The listings below may include sponsored content but are popular choices among our users.

Find your perfect school

What is your highest level of education?