Accounting Certificate Programs: how to
give your career a huge edge
Who needs to take accounting certificate
programs and why should you
do it? There are three main reasons that students earn college
certificates:
- It's time to change your career
- You need to do something extra to stand out and get a promotion
at work
- They can be part of the requirements needed to fulfil
professional licensing within a particular industry
Now, let's put these into the context of
our accountancy world.
We've
identified seven benefits/reasons for undertaking accounting
certificate
programs:
- Are you wanting to get into the accounting profession? This
is a
great starting point.
- If you're already an accounting professional, then it's about
updating your skill set. For example, this could really suit a
bookkeeper or an accounting clerk who wants to demonstrate real
commitment to improving their financial skill-set
-
- You're in an analyst role that demands, amongst other
areas, you
understand how financial statements work and how they can impact
business decisions
- You run you're own business but you feel a bit uncomfortable
with
the numbers and financial statements
- You're undertaking a master's course but want to add
accountancy
as a specialization
- Accounting certificates can help with fulfilling the
educational
requirements of the CPA
- Employers have a high regard for anyone who successfully
undertakes an accounting certificate program. However, reputation is
everything when it comes to choosing the right college.
Generally speaking you don't need any particular education requirements
to undertake the course but a bachelor's degree is usually recommended.
That's because it's all about deep diving into a particular industry
and in many cases it's working professionals who are completing these
courses.
But why would you take a certificate in accounting as opposed to a full
undergraduate (bachelor) or graduate (masters) degrees? Here are three
more
reasons for you to consider:
- They can be fully online, campus based or both. Working
professionals need flexibility and this gives it to them as they may
only have eveings or weekends to complete the coursework
- The time to complete is shorter (less than one year)
- The cost is significantly less
- The simple fact that you don't want to become a fully
certified accountant. Your job may not reuqire it. You may not have the
time or the inclination.
By taking an accounting certificate at a recognised institution your
reputation will be enhanced enhanced not only because of the
college but more importantly the demonstrating of your own commitment
to accounting.
CPA & CMA Certifications
However, if you're intending to become a CPA (certified Public
Accountant) or a CMA (Certified Management Accountant) then taking an
accounting certificate program on it's own will not be the right path
for you. Very importantly, it will count towards to the educational
requirements of these important certifications. But you really need to
look at the bachelor and master degrees first.
What Do Accounting Certificate Programs teach you?
We're probably agreed that they seem like a very good idea but what do
you actually learn?
Different colleges provide different material but in general you
complete compulsory courses in the principles of financial accounting
and managerial accounting. And then you'll specialize in:
- Financial Controller subjects such as financial reporting,
forensic accounting, accounting for governmental & non-profit
organizations, internal & external auditing, cost accounting, tax
planning & business law. So, if you're working as an accountant in
a company you'd want to go down this path.
OR:
- Financial/Business Analysts subjects such as corporate finance,
valuations, financial statement analysis, cash flow management &
financial planning. This is where you're not working as an accountant
but you're role demands you thoroughly understand how to review
financial statements and use accounting data to, for example, value a
business.
In terms of semester credits most accounting certificate programs give
you between 16 and 54 depending on your specialization. That makes it
very important to review exactly which course will be suitable for you
and what is affordable.
And we're guessing you want to know which colleges around the country
offer these accounting certificate programs? We'll be building on this
list but here some of the top providers of these accounting
professional certificates are:
College
|
Semester
Units
|
Cost
|
GPA
/ Grades
|
UC Berkeley Extension
|
18/19
|
$5,425
|
Minimum 2.5 GPA, Distinction for
3.5 or higher
|
UCR Extension (University of
California Riverside)
|
36
|
$5,500 to $5,900
|
Grade C or better for all units
|
UC Davis Extension
(University of California)
|
23/24
|
$4,470 to $4,920
|
|
VCU (Virginia Commonwealth
University)
|
54
|
$19,548
|
Ideal for bachelor degree holders
|
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