About
BusinessBuzz is a business blog that features content written by faculty, staff and students from Grand Canyon University’s Colangelo College of Business. In addition to profiles about events, students and faculty on campus, you’ll also find great resources for online students or anyone interested in attending business school. Learn about the modern business landscape, and how business today continues to grow and evolve to meet the needs of organizations and consumers in the 21st century. Check in every week for the latest news from the business community and around GCU.
Let's get started on your degree

* Do you have a high school, college or university credits from outside the U.S.?
* Are you a U.S. Citizen?
* Are you a licensed, registered nurse in the U.S.?
(example: 777-777-7777)
Browse

* Required field

** Required field if international

Request More Information

Why Earn a Degree in Accounting?

0
Close up of female accountant or banker making calculations.

Have you considered earning a Bachelor of Science in Accounting? This degree program can prepare you for a successful career as an accountant. Continue reading to learn about just some of the many reasons to earn a degree in accounting:

Gain an In-Depth Understanding of Accounting

As an accounting major, you will learn the core foundations of accounting principles and procedures. The coursework in this program includes a focus on accounting theories necessary for preparing financial statements in the U.S. and for decision-making. You will explore auditing standards, the procedures involved in the auditing process and ethical issues faced by auditors.

In addition, you will also study the theories and practices of preparing income taxes for corporations, partnerships, estates, trusts and individuals. You will examine the principles of cost accounting, including job order systems, process costing, activity-based costing and budgeting.

Pursue an In-Demand Career

According to the Bureau of Labor Statistics, the employment of accountants and auditors is projected to grow 11 percent from 2014 to 2024, which is faster than the average for all occupations. As the economy grows, more accountants will be needed to prepare and examine financial records. Therefore, the future is bright for those who choose to earn an accounting degree!

Earn a Versatile Degree

An accounting degree is versatile, as it can be applied to many different settings. Every business has to track their finances, which gives accounting majors a wide variety of options when it comes to choosing where to work. Typical careers for accounting majors include public accountant, corporate accountant, financial analyst, tax preparer or auditor.

Gain Useful Skills

Without realizing it, we use accounting just about every day. For example, something as simple as buying your lunch from a restaurant involves accounting for both you and the restaurant. As a customer, you pay money in exchange for the product. For the restaurant, they provide lunch in order to receive money. The restaurant will then keep track of purchases using accounting. Overall, having a basic understanding of accounting can help you to manage your personal finances and make wise decisions when it comes to investing.

The Colangelo College of Business at Grand Canyon University offers leading-edge degrees that address the demands of contemporary business environments. To learn about GCU’s business degrees, visit our website or use the Request More Information button at the top of this page.

Written by Lauren Abraham, a senior earning a degree in communications at GCU.

References:

  • “Accountants and Auditors.” Occupational Outlook Handbook. Retrieved from: bls.gov/ooh/business-and-financial/accountants-and-auditors.htm