Associate Degree in Accounting
Earn an Associate Degree in Accounting. Build a solid base, explore online programs, and employment opportunities in the growing accounting field.
Introduction
The BLS estimates that there will be around 130,800 positions available per year for accountants and auditors. For a solid and rewarding career, an accounting associate degree is ideal.
An accounting associate degree examines fundamental principles and procedures over two years. It prepares students for entry-level employment and further academic advancement.
An associate degree may also serve as a preparatory step for a profession as a certified public accountant (CPA). Even though an Associate degree offers significant long-term benefits, this path involves further study as CPA certification requires at least a bachelor’s degree in accounting.In November 2024, the CPA Journal conducted a study that highlighted a notable shortage of skilled professionals in the accounting job market.
What is an Associate Degree in Accounting?
An Associate Degree in Accounting is a two-year undergraduate degree that provides students with technical skills and theoretical skills in accounting and finance. It is designed for people aiming to work into the workforce or establish a solid foundation for further studies in business or accounting.
Students gain knowledge in financial reporting, bookkeeping, payroll, taxes, and accounting software competencies vital for entry-level positions in finance and business operations.
With an associate degree in accounting, students will gain:
- Basic understanding of management and financial accounting
- Hands-on training with accounting software such as Excel and QuickBooks.
- Payroll, budgeting, and tax preparation abilities
- Understanding of financial statements and records
- Pathway to a bachelor’s degree in accounting or business
Best Colleges for an Associate Degree in Accounting
To establish a solid foundation in accounting and finance, consider prestigious colleges that provide an Associate Degree in Accounting. These programs can help you start your career with right academic support.
| Rank | College/University Name | Location State | Type |
|---|---|---|---|
| 1 | Southern New Hampshire University | New Hampshire | Online |
| 2 | Purdue University Global | Suite | Online |
| 3 | University of Cincinnati | Ohio | Online |
| 4 | Ashworth College | Georgia | Online |
| 5 | Davenport University | Michigan | Online&OnCampus |
| 6 | Franklin University | Ohio | Online |
| 7 | Harper College | Illinois | Online&OnCampus |
| 8 | Cincinnati State Technical and Community College | Ohio | OnCampus |
| 9 | Fox Valley Technical College | Ohio | Online&OnCampus |
| 10 | Georgia Piedmont Technical College | Georgia | OnCampus |
| 11 | Miami Dade College | Florida | OnCampus |
| 12 | Foothill College | California | Online |
| 13 | Mesa Community College | Arizona | OnCampus |
| 14 | Central Penn College | Pennsylvania | Online&OnCampus |
| 15 | North Seattle College | Washington | OnCampus |
What Are the Admission Requirements for an Associate Degree in Accounting?
These are the basic entry requirements for an Associate Degree in Accounting program. Although requirements may vary for each institution, this offers those interested a general concept.
Meeting these qualifications will strengthen your eligibility for admission into an Associate Degree in Accounting program.
Skills You Gain With an Associate Degree in Accounting
For entry-level accounting jobs and further study, an associate degree in accounting offers a strong basis. The essential information and abilities gained upon finishing such a program are listed in this section. In addition to being useful for immediate employment, these abilities provide a foundation for professional progression in the accounting industry.
1- Core Accounting Principles:
- Understanding bookkeeping and maintaining financial records
- Managing payroll and basic budgeting
- Preparing tax returns and financial reports
- Handling accounts payable and receivable
- Applying accounting principles in business
2- Technical Skills
- Proficiency in software like QuickBooks and Excel
- Performing journal entries and ledger maintenance
- Managing databases and digital records
3- Analytical and Problem-Solving kills:
- Identifying inconsistencies in financial data
- Analyzing trends and financial performance
- Resolving accounting errors
- Making informed financial decisions
- Supporting business planning with data insights
How Long Does It Take to Get an Associate Degree in Accounting?
The time needed to get an accounting associate degree is two years for full-time students. Courses in business algebra, payroll, tax, and financial accounting are all part of the majority of programs, which require 60 to 65 credit hours. Depending on availability and course load, students who are enrolled part-time or who have to balance employment and school may need three to four years to get their degree.
However, there are more variables that can affect how long it really takes to get your degree:
What Can You Do With an Associate Degree in Accounting Online?
With an associate’s degree in accounting, one may access an array of entry-level financial jobs. According to the U.S. Bureau of Labor Statistics, there is a strong need for professionals with basic accounting skills, as seen by the more than 1.6 million bookkeeping and accounting jobs available.
| Job Title | Job Description | Salary |
|---|---|---|
| Accounting Clerk | Supports accountants by managing financial documents. | $53,859 |
| Payroll Assistant | Processes employee pay and maintains payroll records. | $52,423 |
| Tax Preparer | Prepares individual and business tax returns. | $45,434 |
| Financial Assistant | Supports budgeting and financial planning activities. | $65,331 |
Is an Associate Degree in Accounting Worth It?
Yes, an Associate Degree in Accounting is worth it for many individuals seeking a quick and affordable path into the accounting field.
Yes, it is well worth the effort. Consider an associate‘s degree in accounting to be your quick entry into the financial industry. You acquire the hands-on skills that employers are actively seeking in only two years, such as handling budgets, processing payroll, and using accounting software. It’s focused, affordable, and leads to lucrative, in-demand jobs like bookkeeping, tax preparation, and payroll clerk.
Accountants and auditors are predicted to grow at a quicker rate than the average, by 6%, between 2023 and 2033.
Over the next decade, 130,800 accountant and auditor positions are expected annually. Many of those positions are projected to arise from replacing workers who retire or switch careers.
FAQ’s
▶ With an associate degree in accounting, what kinds of careers are available?
An accounting associate‘s degree qualifies you for a number of job options, including:
- Bookkeeper
- Accounting Assistant
- Payroll Clerk
- Auditing Clerk
- Billing Clerk
- Tax Preparer
▶ Will this degree help me become a Certified Public Accountant (CPA)?
An associate degree in accounting does not meet the full requirements to become a Certified Public Accountant, since the majority of colleges require a bachelor’s degree and 150 credit hours. Still, it provides a basis and a step toward obtaining a bachelor’s degree and helps to get a CPA.
▶ How much can I earn with this degree?
With an associate degree in accounting, earnings typically from $61,268 to $64,565, depending on the position, location, and experience.
▶ Can I transfer credits to a bachelor’s program?
At many universities and colleges, students are able to transfer credits from their associate’s degree to their bachelor’s degree. A four-year degree can be achieved in less time and money. These program requirements will differ, be careful to check with the university to find out whether credits are transferable.
