Online Accounting Studies Possible Via the Internet

The global economic recession may have had an unfavorable effect on many fields of work all over the world; however, the need for competent accounting and financial services professionals is now greater than ever. An online bachelors/associate degree in accounting provides prospective and existing accountancy professionals a boost in their careers from the comfort of their own homes.Online accounting programs have many benefits for prospective professionals, who can work around their schedules and gain valuable knowledge in order to improve their competency in accounting and open the doors to better opportunities. Generally accounting has varied applications for individual corporate business models; there are however some general areas in accounting that are widely recognized as being inherently and individually separated.Types of AccountingGeneral FinancialThis is the recording, retrieval and summary of corporate/individual financial data. This involves auditing, generating a periodic profit and loss summary, balance sheets and cash flow statements and includes the aspects relating to legal and business requirements.

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Management Accounting and Open BookThis form of accounting is the representation of data and financial summaries for corporate financial decision makers. Open book accounting is an accounting principle to ensure accounting transparency in democratic organizations as well as others.TaxThis is corporate of individual accounting that is meant to ensure compliance with tax laws and regional tax regulations.Financial AuditsFinancial audits can be both internal and external. Internal accounting is similar to management accounting, as it also provides audit summaries to internal corporate decision makers. These audits are carried out by employees of the corporation itself. The external audit is the audit of a corporate entity by external – independent auditor(s); auditors examine financial records and summaries in order to verify their adherence to generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS).Accredited Online Accounting CertificationsTraditional campus based and online accounting colleges and schools have recently been offering more customized study programs for students who wish to learn using blended courses and study-from-home programs. Here is a list of some of the major accountancy related programs available in online study formats from major colleges and universities. These courses are accredited and are being offered in a variety of blended/ online formats. Many of these courses mentioned vary in levels of practical versus theoretical knowledge, with emphasis on further opportunities in either the field itself as a professional, as an entrepreneur or in academia.Online Graduate Programs in AccountingMaster of ScienceMaster of AccountancyMBAMBA in Professional AcctMBA/Acct and FinanceMaster of Science- Public Acct/ TaxationOnline Undergraduate Program in AccountingBachelor of Science in Business Administration

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Bachelor of ScienceBachelor of ArtsBachelors of Arts in Organizational Management / Managerial- AcctBachelors of Science in Accounting in Public-General/ Tax/ Auditing-Forensic AcctBachelors of Science in Multidisciplinary StudiesOnline Associate programs in AccountingAssociate of ScienceAssociate of ArtsAssociate of Applied Science in Accounting – Financial Acct/ Financial Investigation/ BankingAssociate of Science in BusinessResource Area:DISCLAIMER: Above is a GENERAL OVERVIEW and may or may not reflect specific practices, courses and/or services associated with ANY ONE particular school(s) that is or is not advertised on SchoolsGalore.com.Copyright 2007 – All rights reserved by Media Positive Communications, Inc.Notice: Publishers are free to use this article on an ezine or website, provided the article is reprinted in its entirety, including copyright and disclaimer, and ALL links remain intact and active.