Category: Accounting

How an Accounting Degree Opens Doors to Any Industry

Posted on by Education Wpstaff

You May Also Like

Home › Accounting

How an accounting degree opens doors to any industry

African American male in a dark blue suite and tie smiling and opening a glass door walking out and holding a laptop

Published: September 3, 2025

kendall upton

Written and reported by:

Kendall Upton

Staff Writer & Editor

When you picture a career in accounting, there are probably a few familiar images that come to mind—number-crunching in a cubicle, Excel spreadsheets on a desktop computer or a calculator where the numbers have worn off the buttons.

Without any more details, the concept of accounting can seem awfully vague. It might be more accurate to describe accounting as a blank canvas upon which you can cultivate a diverse range of careers.

An accounting education could lead to a career helping a tech giant’s revenue grow, making a nonprofit’s funds stretch further or maximizing government efficiency. All of these paths are within reach because they have one thing in common: every industry needs someone to interpret financial information.

In this article

Why accounting skills are in demand across industries

No business in any industry is spared by the need for someone who understands financial information.

“Accountants work in any industry—corporate, nonprofit, government and manufacturing, among others,” said Dr. Tanae Acolatse, Program Manager for the Bachelor of Science in Accounting program at Colorado State University (CSU) Global. “As long as you have money coming into your business, you will need an accountant to help you maximize your profits and returns.”

Indeed, accountants and other financial professionals are absolutely essential for:

  • Accurately tracking an organization’s income and expenditures 
  • Ensuring that money is spent effectively and efficiently 
  • Providing both granular and big-picture insights into the organization’s financial health 
  • Making sure financial statements comply with applicable laws and regulations 
  • Analyzing financial data so that they may suggest ways to reduce costs and increase profitability  
  • Communicating complex financial information to relevant leaders and stakeholders whose financial literacy may be limited

Accounting degree programs help students develop the baseline accounting skills needed to succeed in any industry.

“An accounting degree is definitely a versatile degree option. It has been said that accounting is the language of business. Thus, it doesn’t matter what business you are in—you are always going to need an accountant to manage and interpret your finances. Without understanding your business, you will struggle with managing what you earn, plus miss out on opportunities to expand your business and increase your profitability,” Acolatse said.

What you learn in an accounting program

An accounting degree can lay the foundation for a lifelong career as an accountant or other financial professional.

“In the Bachelor of Science (BS) program at CSU Global, we are preparing our students to work in any industry by introducing them to several accounting career paths along with the corresponding certifications based on the courses that they are required to take. The course mapping, along with related certifications in the field, is in our first accounting course, which is Principles of Accounting and Financial Reporting,” Acolatse said.

Most accounting program curriculums also include courses which introduce students to specializations within the accounting field. Exposure to different accounting niches can help steer students towards the industries they are most interested in working in.

“When they move into the upper-level courses, they are introduced to actual career paths and job opportunities while revisiting the industry-relevant certifications. Students analyze real-world problems using industry tools, simulations, artificial intelligence (AI) and other relevant tools and resources to prepare them for workplace success in that career path,” Acolatse said. “So, if a student is enrolled in an accounting information systems course, they will have hands-on assignments using Excel, SQL, Power BI, Tableau and other leading industry tools and resources. They will also earn certifications in these areas, which will showcase their skills in data analytics and business intelligence.”

Industries where accounting graduates can thrive

“A key benefit of having accounting knowledge is that it can be applied to any industry,” Acolatse said. “As with any career, you have to learn the systems and processes before you can become proficient. However, the key is that an accounting degree program should prepare a student for accounting first, along with any specialized career path. Once they have mastered their foundational accounting concepts, they will be prepared for success in any industry.”

Keeping this in mind, consider some of these thriving accounting industries you may consider working in:

  • Forensic accounting: Forensic accountants help investigate financial fraud. As financial fraud rises—especially due to ever-evolving hacking and scamming techniques—the need for forensic accountants should follow suit.  
  • Healthcare accounting: As our population grows and lives longer, demand for healthcare services should rise. Therefore, we need accounting professionals that specialize in the management of finances for healthcare organizations. These professionals have specialized knowledge of billing and insurance as well as how to control costs and improve efficiency while maintaining quality patient care.  
  • Nonprofit accounting: Nonprofit organizations large and small require financial professionals that know how to stretch their resources to advance their mission. Nonprofit accountants must know how to navigate the financial realities unique to nonprofits, including multiple funding sources and unusual taxation scenarios. 
  • Financial technology (Fintech): Specialists that understand how to bridge the gap between finance and technology are crucial as financial software continues to evolve, especially with advancements in AI.  
  • Tax accounting: Though regular accountants may have some tax-related responsibilities, some specialize in preparing tax returns and ensuring taxation compliance for individuals and businesses.

Accountants typically have two main employment options, regardless of industry: working in the finance department of a particular company or organization or working for an accounting firm that provides financial services to numerous clients. You may get to work in both types of settings at some point in your career which can provide valuable insights into which setting you prefer in the long run.

Parting words

An accounting degree provides a versatile foundation that can be applied across virtually every industry. From nonprofits to corporations, organizations rely on accountants to interpret financial data, ensure compliance and guide smarter decision-making. Through specialized coursework, certifications and hands-on experience with industry tools, accounting programs prepare students to adapt their skills to a wide range of career paths. Ultimately, this versatility makes accounting a degree that not only opens doors but also provides long-term career growth in any sector you choose to pursue.

Tanae Acolatse, PhD Lead Program Manager/Program Manager of BS in Accounting, Colorado State University Global

With professional insights from:

Tanae Acolatse, PhD

Lead Program Manager/Program Manager of BS in Accounting, Colorado State University Global

Beyond Number Crunching: The Diverse Skills You Gain with an Accounting Degree

Posted on by Education Wpstaff

You May Also Like

Home › Accounting

Beyond number crunching: The diverse skills you gain with an accounting degree

Published: September 3, 2025

anna giorgi

Written and reported by:

Anna Giorgi

Contributing Writer

Whether you’re working toward an associate degree, a bachelor’s degree or an advanced master’s degree or PhD in accounting, earning an accounting degree involves more than building a foundation of traditional “number crunching” skills. In addition to the education you need to track transactions within a business or organization, an accounting degree includes a broader set of hard and soft skills valued in this profession and many other roles.

Through a combination of academic coursework, hands-on practical experience and professional development, an accounting degree can help you earn the skills necessary for success in the increasingly complex and strategic roles in the field and related positions in a wide range of industries.

In this article

Attention to detail

Attention to detail is crucial for success in an accounting career, where even small mistakes in computations, data entry or financial reporting can have serious repercussions. To guarantee accuracy, students pursuing accounting degrees must learn to ensure their work follows “generally accepted accounting principles” (GAAP), a set of accounting rules, standards and procedures that U.S. companies must follow for financial reporting.

In addition to learning these foundational principles of accounting, students must also practice ways to look for adherence in financial documents such as income statements and tax filings. This level of attention to detail and accuracy is crucial for maintaining an organization’s financial stability.

Problem-solving

Strong problem-solving abilities are necessary for accountants to address challenges such as cash flow problems, mathematical errors or other inconsistencies in financial statements. Accountants need astute problem-solving skills to identify issues, weigh possibilities and suggest remedies. In addition to solving these types of issues, problem-solving skills can also help you formulate strategies for preventing them in the future.

Like many accountants, you may find that problem-solving is an enjoyable part the role. In a survey of accountants, 41% of respondents said solving problems gives them the most job satisfaction, while just 22% said they preferred working with numbers, reports the Association for Certified Accountants (ACCA).

Data analysis

Advancements in technology, especially in the realm of big data and its analysis, have driven major transformations in the accounting profession and other industries. As a result, accounting graduates must be prepared to use a wide range of technology to perform their roles. While earning an accounting degree, you’ll master the use of popular accounting software to uncover insights, increase efficiency and better manage risk.

In addition to learning software skills, understanding data analysis can prepare you to use these tools when searching for answers to questions related to descriptive analysis (What is happening?), diagnostic analysis (Why did it happen?) and predictive analysis (What is going to happen?) in real-world situations.

Data analytics can also be applied to the following areas of professional accounting:

  • Risk assessment
  • Fraud detection
  • Continuous monitoring
  • Automated reporting and documentation
  • Pattern identification
  • Improved sample methods
  • Routine task automation

Critical thinking

Critical thinking skills involve the process of analyzing and evaluating an issue to make an informed decision or sound conclusions. They’re essential for accountants who must evaluate complex financial data and make sound strategic judgements based on the available information, often from the perspective of an outsider. An accounting degree can help you gain the skills necessary to assess data holistically so you can recognize trends, address issues and direct organizational change in areas ranging from financial models to balance sheets.

Critical thinking can also help you develop strong ethical decision-making skills. As you learn ways to evaluate and compare different perspectives, you will also learn ways to assess the potential consequences of different actions. This can help you ensure you are acting in the best interests of your clients, the public and the organizations you serve.

Strategic planning

Strategic planning is crucial for accountants because it enables them to make a significant contribution to the success of a company as a whole. It helps them align financial strategies with the long-term goals of an organization or individual.

As you learn to analyze financial data and identify trends, your studies will also include ways to use your observations to drive financial success, build upon strengths and improve weaknesses. Understanding the applications of strategic planning and ways to reduce potential risks and drive growth can make you an invaluable asset to your organization or client.

Communication

Developing written and oral communication skills is an important aspect of earning an accounting degree. Accountants must be able to provide clients with a comprehensive grasp of their business or personal finances. They must be able to help clients comprehend their personal circumstances by explaining complex topics based on the financial needs of their audience.

In addition to helping accountants build stronger client relationships, communication skills can enhance aspects of teamwork and collaboration necessary in professional accounting. Using clear communication within teams reduces errors and supports a collaborative environment. It also facilitates accurate information sharing and reduces the possibility of errors from misunderstandings.

The first step in gaining the confidence to communicate effectively is to ensure you know your topic. This involves mastering the knowledge and application of basic accounting principles. When possible, pursue communication courses to hone skills such as providing context, using narratives and including visualization to help you communicate your expertise clearly to internal and external audiences.

Time management and organization

Efficient time management and organization are essential for accountants since these skills have a direct impact on productivity, accuracy and efficiency. Since accountants can work in every aspect of a company, there is a continuing need for their knowledge, thoughts and opinions. Dealing with multiple projects, timelines, business needs and reporting deadlines is the norm in many accounting roles.

As you prepare for a profession in which accuracy and efficiency are essential, you will have a chance to develop proficiency in these areas. Learning to prioritize needs, delegate when appropriate and remain organized can help you meet your academic and professional obligations. This skill set can also help you maintain efficiency and productivity during demanding periods, such as tax season, when professional pressure can intensify.

Honing skills as an accounting student

Based on input from educators and accounting professionals, the Association of International Certified Professional Accountants (AICPA) compiled “The AICPA Foundational Competencies Framework for Aspiring CPAs,” to help faculty, students and employers define a set of skills-based competencies that will have long-term value for accounting students no matter their chosen career path.

Based on three pillars that include technical competencies, organizational competencies and leadership competencies, these skills include a combination of accounting knowledge, cross-disciplinary abilities and behaviors necessary to succeed in the industry. As you pursue your degree, you can prepare for professional accounting by pursuing coursework and experiences that can help you learn and develop these skills.

At any educational level, an accounting degree includes the following opportunities to develop a broad professional skillset along with a foundational knowledge of accounting principles:

  • Practice exercises to apply foundational knowledge using problem-solving skills
  • Simulated scenarios and case studies to practice critical thinking and strategic planning on potential real-world problems
  • Realistic projects to practice data analysis, visualization and report presentation on a company’s financial performance
  • Specialized data analytics courses in areas including data modeling, data mining, data visualization and statistical analysis to master this skillset
  • Integration of popular accounting software applicable to the types of problems and projects in your curriculum
  • Group projects to provides opportunities for collaboration, task division and time management involving complex financial concepts
  • Internships, externships and networking events to help you polish interpersonal communication skills in professional settings

Why broader business skills matter

The broader set of business skills you earn with an accounting degree can help you succeed in the accounting profession and beyond. While there’s no way to predict the opportunities and challenges that you will encounter throughout your career, you will likely change positions more than once due to factors such as career advancement, new interests, better work/life balance and higher earning potential.

In a 2024 report on the future of accounting, the University Professional and Continuing Education Association (UPCEA) reported that success in the accounting profession will depend on an individual’s ability to adapt to the way technology is changing traditional accounting roles. According to the UPCEA, the following is expected to occur:

  • Employers will more often look for applicants with a wider range of skills, including technological knowledge and accounting operations expertise, with less emphasis on traditional accounting skills such as accounts payable.
  • Businesses will give priority to these higher value tasks as the finance sector shifts toward more strategic positions like financial analysis and planning.
  • The widespread use of machine learning, automation and artificial intelligence (AI) will reshape routine tasks like data entry and bookkeeping.

In a review of skills in accounting postings, the UPCEA also noted a shift toward greater integration of technology and strategic decision-making skills and a larger focus on operational efficiency, key skills you can learn and hone as part of an accounting degree.

Having a set of broader business skills can also help you transition to other industries if you decide to use your accounting degree to transition to a related career. Possible applications of an accounting degree outside traditional accounting roles include:

  • Financial analyst or advisor
  • Investment banker
  • Stockbroker
  • Entrepreneur
  • Forensic accountant/fraud investigator
  • Budget analyst
  • Nonprofit development manager
  • Financial IT technician
  • Data analyst
  • Finance/accounting professor
  • Financial journalist or reporter

The 150-Hour Rule: Understanding CPA Requirements and How to Meet Them

Posted on by Education Wpstaff

You May Also Like

Home › Accounting

The 150-hour rule: Understanding CPA requirements and how to meet them

Published: September 3, 2025

kendall upton

Written and reported by:

Kendall Upton

Staff Writer & Editor

If you’ve done any research into what it takes to become a Certified Public Accountant (CPA), then you’re probably familiar with the 150-hour rule. This rule states that you need at least 150 college credit hours to become a CPA. It helps ensure that you have the requisite education necessary to successfully perform the duties expected of a CPA, but meeting this requirement can be a challenge for some.

Let’s dive into what it means, how to meet this requirement and whether this rule may be changing in the future.

In this article

What is a CPA?

A Certified Public Accountant or CPA is a prestigious professional license in the accounting field. You must earn this license through your state’s licensing board, typically a state board of accountancy. All CPAs are accountants, but not all accountants are CPAs.

CPAs may have more responsibilities and expanded job opportunities compared to non-CPA accountants because of the education and experience needed to earn their license. For instance, CPAs can prepare certain financial audits and represent clients in IRS proceedings.

CPA benefits

Although it may not be necessary for every accountant’s career, some of the benefits of pursuing CPA licensure include:

  • Salary bump: According to the Association of International Certified Professional Accountants (AICPA), CPAs earn an average of 10-15% more than regular accountants.
  • Greater job opportunities: CPAs will likely have an easier time ascending the corporate ladder and achieving leadership and executive positions.
  • Start your own business: The CPA credential can make it easier to start your own accounting business and establish a reputation that clients trust.
  • Stay on top of relevant laws and accounting regulations: The exam process that all CPAs must undertake can keep you up to date on numerous laws, regulations and best practices applicable to the field of accounting.

Do I need to become a CPA?

As advantageous as the CPA title may be, it’s not absolutely necessary for every accounting professional.

“According to the Institute of Management Accountants (IMA), 75% of professionals working in accounting careers work in management accounting. With that being said, only a small percentage of accountants have the CPA designation,” said Dr. Tanae Acolatse, Program Manager for the Bachelor of Science in Accounting program at Colorado State University (CSU) Global. “If you are interested in working in a public accounting firm, then the CPA is highly recommended. However, as an accountant, you have other options for certifications that are just as reputable and recognized as the CPA.”

These include, but are not limited to:

“Choosing a certification other than the CPA really depends on what type of work you are interested in. The important thing to note is that any of these certifications are great to have because they will increase your earning potential and career opportunities,” Acolatse said. “My advice to anyone interested in a long-term accounting career is to get a certification.”

What are the requirements to become a CPA?

Individual states administer CPA licenses, meaning the requirements and process for becoming a CPA can vary slightly depending on where you live. For the most part, the requirements are fairly uniform:

  • Education: All states require you to complete at least 120 credit hours (the equivalent of a bachelor’s degree) to sit for the CPA exam. Your undergraduate degree must have an accounting or finance focus to qualify—majoring in a completely unrelated field won’t cut it. In addition, most states require 150 hours to actually achieve licensure as a CPA, with a few recent exceptions.
  • Experience: You must complete some real-life professional experience, paid or unpaid. Most states require approximately one year of full-time experience, or about 2,000 hours.
  • Examination: All states require applicants to pass the CPA exam from the National Association of State Boards of Accountancy (NASBA).

How to fulfill the 150-hour requirement

You’ve probably noticed that most bachelor’s degrees only consist of about 120 credit hours—so how can you close that 30-hour gap? 

Double major as an undergraduate

Just because you usually only need 120 credits to complete a bachelor’s degree doesn’t mean you have to stop there. Students that choose to double major often end up taking more than the minimum number of classes anyway, and this can be a great opportunity to develop more skills during your time as an undergrad. Some popular second major options for accounting and finance majors include business administration, economics, computer information systems, psychology, communications and more.

Just remember to keep in close contact with your academic adviser so they can help you come up with a plan to hit 150 credit hours before graduation.

Earn a graduate degree

Many hopeful CPAs choose to earn a master’s degree to finish up their credit requirements. Most master’s degrees consist of about 30-60 credits, putting you well above the 150-hour threshold. A Master of Science (MS) in accounting, Master of Accounting (MAcc), Master of Professional Accounting (MPA) or an MS in taxation would all be applicable choices.

A Master of Business Administration (MBA) with an accounting or finance concentration is another great option. MBA degrees are a bit more interdisciplinary and cover a broader range of business administration topics on top of your finance coursework.

“To meet the educational requirements for the CPA licensure, I usually encourage my students to enroll in a master’s in accounting program, which is 30 credit hours,” Acolatse said. “This approach provides them with a master’s degree, which is another way to increase job opportunities, in case a student decides to change their mind about pursuing the CPA. Otherwise, a student will have 30 additional credit hours without the benefit of having an advanced degree.”

Take non-degree classes

If you’ve already completed a bachelor’s degree but you aren’t keen on going to graduate school, you have options. You could, for instance, just take some relevant college courses as a non-degree seeking student. You’ll still get the credit, it just won’t count towards any new degree.

Complete an accounting certificate program

You could also complete a certificate program to wrap up your education requirements. Colleges and universities often design certificate programs for working professionals who already have an undergraduate degree. A certificate in accounting is a great start, and some schools even have programs meant specifically to prepare students for the CPA exam.

Is the 150-hour rule changing?

Although states have maintained the 150-hour rule for decades, some are rethinking their CPA education requirements. Critics argue that the cost of additional education needed to meet this requirement can create a financial burden that puts CPA licensure out of reach for some.

Ohio, Utah and Virginia passed bills in 2025 that adds an alternative pathway for the CPA applicants. Those who complete 120 credit hours plus two years of professional experience and pass the CPA exam can qualify for licensure. Several other states have introduced or discussed similar legislation.

The 150-hour rule remains firmly in place in most states, but further changes could be on the horizon.

“There has been a major change in the CPA requirements,” Acolatse said. “While accountants still have to meet the 150-hour requirement for licensure, now, over 20 states have changed these stipulations so that with a bachelor’s degree in accounting, you are eligible to sit for the exam. Also, once you have a license, you can practice in any state.”

Applying for CPA licensure: What comes next

Once you’ve completed the three E’s of CPA licensure—education, experience and exam—plus any state-specific requirements, you’re ready to apply for your CPA license. Contact your state board of accountancy for full details. You can expect to fill out an application that includes your academic transcripts, CPA exam test scores and a document that attests to your professional experience. Once approved, you’ll be a full-fledged CPA.

If you’re ready to take the next step towards your CPA career but are still looking for ways to fulfill the 150-hour requirement, click our Find Schools button to browse accounting programs today.

Tanae Acolatse, PhD Lead Program Manager/Program Manager of BS in Accounting, Colorado State University Global

With professional insights from:

Tanae Acolatse, PhD

Lead Program Manager/Program Manager of BS in Accounting, Colorado State University Global

The Future of Accounting: Why It’s a Stable & Growing Career Path

Posted on by Education Wpstaff

You May Also Like

Home › Accounting

The future of accounting: Why it’s a stable and growing career path

a group of accountants work together in an office meeting room

Published: August 22, 2025

kendall upton

Written and reported by:

Kendall Upton

Staff Writer & Editor

If you’re looking for a stable career path in an ever-changing employment market, accounting could be a great option. You’ve probably heard the axiom, “Accounting is the language of business,” and it still holds true—financial professionals are necessary wherever there is business and commerce.  

However, that doesn’t mean the accounting profession isn’t evolving. Anyone hoping to enter the field must prepare to growth with it.

In this article

Accounting job growth overview

The U.S. Bureau of Labor Statistics (BLS) estimates that the employment of accountants and auditors will increase by 4.6% through 2034, which is faster than the average across all occupations. This translates to over 130,000 new jobs each year, many of which will replace those who switch careers or retire.  

Employment opportunities for financial managers are expected to grow even faster—a whopping 14.8% through the next decade. The higher-level skills that managers possess—financial analysis, risk management and more—are expected to become even more valuable as the economy grows.  

The job outlook for bookkeeping, accounting and auditing clerks isn’t quite so bright. This group of entry-level professionals is expected to decline by -5.8% through the next decade, largely because software advancements are automating many of the back-office tasks this group typically performs.

Emerging accounting jobs

A 2024 briefing from the UPCEA (formerly known as the University Professional and Continuing Education Association) about the future of the accounting profession noted several roles in particular that they foresee growing in demand include:

  • Forensic accountants: Forensic accountants help investigate financial fraud. “With growing concerns around fraud and financial misconduct, demand for forensic accountants will rise. They’ll focus on investigating fraud, disputes and providing litigation support in increasingly complex financial environments,” the UPCEA report stated.
  • Data analytics and financial insights managers: “These professionals will play a crucial role in analyzing financial data, offering strategic insights to help businesses optimize their operations and forecast future trends.” 
  • Financial technology (Fintech) specialists: Artificial intelligence (AI) is rapidly transforming numerous industries, and finance is no exception. “Fintech is reshaping the financial landscape, and experts in this area will help businesses bridge the gap between finance and technology.”

How and why the field is growing

Several cooccurring factors are contributing to the accounting field’s anticipated job growth in the near and long term.

Replacing people that leave the workforce

Every field and industry must contend with the fact that many people will either change careers or retire from the workforce altogether around a certain age. Though the finance industry is not expected to lose more career changers and retirees than any other field, these losses still contribute to many of the job openings anticipated over the next decade.

Changing Certified Public Accountant (CPA) requirements

Many accountants choose to pursue a CPA license, a voluntary credential that accountants can obtain through a combination of education, experience and passing a national exam. Though individual states set their own requirements for CPA licensure, most states follow the same standards. However, some states have already set some changes in motion.  

“Most states required one to have 150 credit hours (bachelor’s degree + 30 credit hours) before qualifying to sit for the exam, and licenses were limited to the state in which you passed the exam. Now, over 20 states have changed these stipulations so that with a bachelor’s degree in accounting, you are eligible to sit for the exam,” said Dr. Tanae Acolatse, Program Manager for the Bachelor of Science in Accounting program at Colorado State University (CSU) Global. “However, 150 credit hours are still required to obtain the CPA license. Also, once you have a license, you can practice in any state.” 

As these requirements evolve, this may make CPA jobs more accessible to a greater number of people and encourage further growth.

Expansion of AI and machine learning

Although advancements in AI and machine learning technology may not bode well for entry-level accounting roles, these technologies should increase the demand for accountants and other financial professionals that know how to use them.  

“There is a growing interest and use of AI in accounting that is automating repetitive tasks but requiring accounting professionals to know how to use AI to make better business decisions,” Acolatse said. “Audit and tax lead the areas where AI is being used more often.”

Desire for broader skills

Employers are already seeking out applicants with a wider range of skills to fill their accounting and finance roles. Accountants can’t simply rely on number sense to succeed anymore—they need communication skills to convey complex financial information to other departments and leaders, big-picture analytical skills so they can make informed suggestions to improve a company’s financial health and so much more.  

“Employers will increasingly seek candidates with a broader skill set, encompassing both accounting operations and technological proficiency. This will cause a narrower focus on specific accounting skills, like accounts payable, to diminish in priority,” the UPCEA said.  

“Accountants are no longer number crunchers,” Acolatse said. “They are becoming more well-rounded in data analytics and other digital technologies that were once reserved for technology majors.” 

“While core competencies like financial regulations and financial strategy continue to dominate, the growing demand for skills such as artificial intelligence and financial software signals a transformation in how accounting professionals will operate in the future. AI is poised to revolutionize tasks like data analysis and financial forecasting, making it essential for accountants to harness these tools effectively,” the UPCEA report continued. “Similarly, the increased focus on operational efficiency and escalation procedures suggests that accounting roles will require a stronger emphasis on process optimization and risk management.”

How to nurture a stable accounting career

Although job growth projections for accounting remain steadily bright, securing employment is never a guarantee. Anyone that wants to be successful must grow with the field. That means a commitment to a lifetime of learning so you can adapt to new best practices, technologies, laws and regulations as they arise. 

Master the basics through quality education

First and foremost, a stable accounting career needs solid ground—that’s where higher education comes in.  

“Accounting students must first master the fundamentals in accounting through principles in financial and managerial accounting,” Acolatse said. “For example, in the Bachelor of Science in Accounting program at CSU Global, our students are taught the fundamentals of accounting — financial accounting first, followed by managerial accounting. After mastering their foundational accounting skills, students explore specialized career paths within our program, starting with tax, followed by government, nonprofit accounting, accounting information systems, audit, cost, forensic accounting and advanced accounting.” 

In the capstone course in Acolatse’s program, she said that students blend what they learned in their foundational accounting courses and specialized career paths to analyze and solve real-world problems using data analytics, automation and business intelligence. “When our students leave our program, they are prepared for successful careers in accounting and related fields.” 

Most people seeking to enter or grow within the accounting profession need at least a bachelor’s degree in accounting or a closely related field. From there, a master’s degree may be appropriate for people looking to complete their CPA education requirements and/or move into managerial or senior level positions.

Pursue certifications

Certifications are voluntary credentials that validate expertise in particular areas of accounting. Most are earned by meeting certain qualifications and then passing an exam.  

“Certifications are no longer optional—they demonstrate that you have the skills and knowledge to be successful in the field,” Acolatse said.  

Some respected certifications within the field include:  

Embrace technology (and Excel)

“Throughout the journey in earning a degree, accounting students must embrace technology, gaining skills in advanced Excel, which is a mandatory requirement.  You cannot be an accountant without Excel,” Acolatse said. “Next, you must embrace technology and hands-on experience in data analytics, data visualization and business intelligence tools like Power BI, Tableau and AI.” 

Part of the beauty of an accounting degree is that you get exposure to the most current digital accounting tools and applications. But even after your formal education is over, you must be prepared to keep learning as technology evolves.  

“For accounting professionals, it is important to remain current in the ever-evolving technology in the industry. You must be a lifelong learner, continually gaining knowledge and experience with Excel, Power BI, Tableau, data analytics and generative AI, while also obtaining relevant certifications to stay current,” Acolatse said.  

tanae acolatse

With professional insights from:
Tanae Acolatse, PhD
Lead Program Manager/Program Manager of BS in Accounting, Colorado State University Global

Choosing the Right Accounting Program: 6 Key Factors to Consider

Posted on by Education Wpstaff

You May Also Like

Home › Accounting

Choosing the right accounting program:
6 key factors to consider

college student raises their hand in an accounting class

Published: August 22, 2025

anna giorgi

Written and reported by:

Anna Giorgi

Contributing Writer

Choosing the right accounting program can be a daunting process. It involves weighing a combination of personal, practical and professional considerations against hundreds of choices. However, reducing your list of options doesn’t have to be as stressful as it might seem. If you start the process by evaluating accounting programs based on six key factors, you will quickly find options that match your preferences and other deal-breaking considerations. Using this simple checklist can help you identify the right accounting program so you can earn the educational foundation necessary to succeed in this profession.

In this article

Factor #1: Accreditation

To ensure you receive a quality education, limit your search for accounting programs to colleges and universities with institutional accreditation. An accredited institution has satisfied strict requirements for academic excellence by demonstrating the quality of its degree-granting programs and maintaining these high standards. Attending an accredited institution can impact the quality of the degree you receive as well as your potential employment opportunities, earning potential and future career advancement. 

A school’s accreditation covers both in-person and online degrees. You can check for institutional accreditation on a school’s website or by searching the following databases:

You must earn credits from an accredited institution if you plan to transfer your credits or degree to another accredited institution in the future. This is a crucial factor to consider if you intend to apply your credits toward a higher-level degree later. Additionally, attending an accredited institution is a requirement for federal financial aid and a credential that employers value.

In addition to institutional accreditation, some schools also pursue program accreditation for their accounting programs. This is a specialized, voluntary evaluation process that schools undertake to prove their accounting programs fulfill certain quality requirements established by impartial, nonprofit accrediting organizations.

The main organizations involved in accounting program accreditation include:

  • Association to Advance Collegiate Schools of Business (AACSB): AACSB is widely regarded as the most prestigious accreditation body for business and accounting programs globally. In 2024, 73% of Fortune 100 CEOs and 75% of top-paid S&P 500 CEOs had a degree from an AACSB-accredited school, reports the AACSB. Search a list of AACSB-accredited accounting programs on the organization’s website.
  • Accreditation Council for Business Schools and Programs (ACBSP): ACBSP accreditation focuses on broader business program accreditation. To find ACBSP-accredited programs, search the online ACBSP member directory.

Factor #2: Curriculum

When evaluating an accounting program, consider your educational and professional goals to determine whether the courses and curriculum offered are right for you. At the undergraduate degree level, you can find accounting programs leading to the following degrees:

Associate degrees

Earning an associate degree in accounting can help you work in an entry-level accounting position while you pursue a bachelor’s in accounting part time. Your options include:

  • Associate of Arts (AA): An AA may include more liberal arts courses in the humanities, such as social sciences and English.
  • Associate of Science (AS): An AS may include more classes in business and natural sciences.
  • Associate of Applied Science (AAS): An AAS is often designed to prepare students to enter the workforce rather than serve as preparation for a bachelor’s degree. 

Bachelor’s degrees

A bachelor’s degree in accounting is the most common degree level achieved by students who want to pursue accounting practice. Your options for a bachelor’s degree include:

  • Bachelor of Science (BS): A BS typically offers a more technical and focused accounting curriculum, which may help students who wish to pursue certification as a Certified Public Accountant (CPA) after graduation.
  • Bachelor of Arts (BA): A BA includes a core accounting education with a broader breadth of knowledge, potentially in areas such as communication, the humanities or law.
  • Bachelor of Accountancy (BAcc): A BAcc provides a strong foundation in accounting rules and principles while emphasizing the analytical and critical thinking skills specific to accounting. 
  • Bachelor of Business Administration in Accounting (BBA): A BBA provides practical and theoretical knowledge in accounting along with a broad education in business principles.

Advanced degrees

Advanced degrees in accounting are common among accountants in leadership and specialized roles. They are also expected for those who wish to pursue C-suite roles such as CFOs and CEOs. These degrees include a master’s in accounting and a PhD in accounting.

When evaluating a school’s curriculum, consider:

  • Areas of accounting specialization: Determine whether the curriculum offers opportunities to pursue coursework in your areas interest, such as forensic accounting, sustainability accounting, international taxation or accounting information systems.
  • Certified Public Accountant (CPA) exam requirements: If you plan to take the CPA exam, determine whether an accounting program meets the exam’s education requirements. Since these requirements vary by state, it’s important to identify and consider these criteria. You can also review the program’s CPA exam pass rate to determine student success.
  • Certificate options: If you have a degree in another field, consider whether earning an accounting certificate can provide the education you need to achieve your professional goals.

Factor #3: Cost

A significant part of finding the right accounting program involves finding a program that you can afford. Consider the following information on college costs reported by the National Center for Education Statistics (NCES).

For the 2022-23 school year, average tuition and fees (without room and board) at a four-year institution were:

  • $9,800 for public institutions
  • $18,200 for private for-profit institutions
  • $40,700 for private nonprofit institutions

For the 2022-23 school year, average tuition and fees (without room and board) at a two-year institution were:

  • $4,000 for public institutions
  • $16,300 for private for-profit institutions
  • $19,500 for private nonprofit institutions

Many students complete their education using a combination of the following strategies to help meet the costs of attending an accounting program:

Maximize opportunities for scholarships and grants

  • Consult with college financial advisers to determine whether you qualify for school-sponsored scholarships or awards
  • Apply for scholarships from professional accounting organizations and local community groups
  • Negotiate your financial aid package after acceptance
  • Fill out the Free Application for Federal Student Aid (FAFSA) to determine your eligibility for government-sponsored aid

Consider ways to reduce your education costs

  • Look for accounting programs that offer credit for work experience to reduce the number of courses you need to earn a degree
  • Commute to local colleges or choose online classes to avoid on-campus housing costs
  • Choose public in-state vs. private or out-of-state institutions
  • Consider completing general coursework at a community college to earn general credits and prerequisites 

Factor #4: Faculty expertise

The expertise of the faculty in an accounting program can have a significant impact on a program’s overall value. This feature can directly impact the quality of education and career preparation you receive. 

Faculty with relevant accounting experience and professional certifications, such as a CPA, can bridge the gap between classroom theory and real-world practice. They can enrich the learning environment in many ways by providing the following benefits:

  • Real-world insight into current trends, challenges and best practices based on their professional experience
  • Stronger CPA exam preparation with relevant concepts, rules and exam-taking strategies 
  • Networking and career opportunities with professional connections for students seeking internships and employment prospects
  • Current and relevant curriculum based on their involvement in research and professional development
  • Professional mentorship and academic support to foster career exploration and career readiness in areas that employers desire

Factor #5: Career services

In addition to a quality education, the right accounting program should provide the type of resources you need to find and achieve employment after graduation. A quality career services program typically offers the following types of support:

  • Resume and cover letter guidance tailored to the types of roles you desire
  • Facilitation of connections with potential employers
  • Opportunities to interact with hiring managers through school-sponsored career fairs
  • Strategies for securing interviews and securing a position
  • Coaching and practice in interview techniques

Accounting programs supported by comprehensive career services can provide proof of their success. Discuss the track record of the school’s career services department with your adviser or an admissions specialist. If possible, speak with a representative of the career services department to inquire about their success rate in helping accounting students find employment after graduation. Seek honest input on a school’s career services by talking to recent accounting program graduates about their experiences.

Factor #6: Alumni network

An active alumni network can complement an accounting program’s career services by providing mentorship opportunities and an accessible route for graduates to find positions. 

Schools that cultivate a high level of alumni participation can leverage this network to provide students with industry-specific advice, professional connections and real-world insights. 

Programs with strong alumni networks lead to enhanced professional networking and opportunities for throughout your career. Tapping into a well-connected alumni network can be worthwhile as you try to break into the accounting profession or search for new opportunities as a seasoned professional. Studies indicate that about 70% of all open job roles are not published on public job sites and up to 80% of positions are filled through networking relationships.

By interacting with alumni through events, online resources and informational interviews, you can develop career routes and acquire insights from seasoned professionals who understand your student experience. Having these options available can help you connect and find support, which are necessary for success beyond college. Considering key factors and conducting thorough research can help you find the accounting program that best aligns with your priorities and circumstances. Ultimately, taking time to find the right accounting program will help you feel confident in your choice and enthusiastic about taking this new step in your professional journey.