If you\u2019re seeking an accounting degree, you might wonder if there is really a substantial difference between an associate\u2019s degree and a bachelor\u2019s degree. Graduating faster and with less expense is certainly an appealing option, but will an associate\u2019s degree cover the same subject matter and offer you the same job opportunities as a longer and more expensive bachelor\u2019s degree? Unfortunately, students who opt for a two-year degree in accounting will find their knowledge and career opportunities more limited than those who attend a four-year school.<\/p>\n
The biggest differences between the curricula of associate\u2019s and bachelor\u2019s degree programs<\/a> in accounting are the length of the program and the depth of the course content. Associate\u2019s degrees typically require 60 semester hours of study, or about two years of full-time study. Bachelor\u2019s degree programs are twice as long, requiring 120 semester hours or four years, so they include more studies in accounting and business subjects.<\/p>\n RELATED: How Long Does It Take to Get a Business Degree?<\/a><\/strong><\/p>\n How does an associate\u2019s degree program cover enough accounting subject matter in just half the time of a bachelor\u2019s degree program? Some of the classes taken in an associate\u2019s degree program are similar to those in a bachelor\u2019s program, such as principles of accounting, managerial accounting, taxation, accounting information systems and intermediate accounting. You may even complete an accounting capstone course at the end of your two years of study. However, the number of accounting and business courses you will take is less than it would be in a bachelor\u2019s degree program, and the purpose of the program might even be different.<\/p>\n RELATED: 25 Fastest Online Associates Degree Programs<\/a><\/strong><\/p>\n Often, associate\u2019s degrees in accounting<\/a> \u2013 especially those with the title Associate of Applied Science in Accounting \u2013 are career-focused. They emphasize the technical skills and practical applications needed to perform basic financial reporting tasks. Associate\u2019s degree programs are unlikely to spend as much time on the theories and concepts of accounting, auditing and financial analysis as bachelor\u2019s degrees are. They also may take just one level of important subject matter, such as a single intermediate accounting course, rather than a full sequence of Intermediate Accounting I, II and III courses.<\/p>\n Students of both associate\u2019s and bachelor\u2019s degree programs in accounting also study general business topics, but again, students in a two-year program tend to take fewer courses and cover less extensive subject matter than those in four-year programs.<\/strong><\/p>\n Students of an accounting associate\u2019s degree program learn the basics of accounting practice, but typically not enough to work as a professional accountant. The minimum education normally needed to become an accountant or auditor is a bachelor\u2019s degree, according to the United States Bureau of Labor Statistics<\/a> (BLS). For some senior-level roles, or to attain a Certified Public Accountant (CPA) license, you might benefit from going to graduate school for accounting, as well.<\/p>\n What accounting work can you do with an associate\u2019s degree? Most graduates of accounting associate\u2019s degree programs<\/a> go on to become bookkeepers, accounting clerks, auditing clerks, payroll clerks and similar occupations. These roles are paraprofessional positions, in which workers do some basic aspects of the tasks that a licensed professional might do but without the license requirement. Bookkeeping and accounting clerks typically work in-house as part of a company or organization\u2019s office and administrative support staff. Accountants, on the other hand, are business and financial professionals who may work for a company, as part of a public accounting firm or for the government.<\/p>\n Because the accounting work they perform is more basic in nature compared to an accountant\u2019s complex financial reporting and analysis, bookkeeping and accounting clerks earn less money. The median wage for a bookkeeper is $39,240, compared to $69,350 for accountants, according to the BLS<\/a>. Accountants also enjoy a better job outlook. The BLS expects jobs for bookkeepers and accounting clerks to decrease slightly, while opportunities for accountants and auditors are growing at a faster than average rate of 10 percent.<\/p>\n A major reason for the decline in jobs for bookkeepers and accounting clerks is that evolving technology has allowed many bookkeeping tasks that once required human personnel to be automated and performed by computer software.<\/strong><\/p>\n For some aspiring accountants, starting out with an associate\u2019s degree and pursuing a bachelor\u2019s degree later could offer the best of both worlds. By choosing a two-year degree, you can get out into the workforce faster and begin gaining work experience as well as earning a living. When you find that you\u2019re ready to work toward a more advanced accounting education, you can enroll in a bachelor\u2019s degree program that will transfer the credits you earned for your associate\u2019s degree, so you\u2019re not starting over from the beginning. Some schools even offer accounting degree completion programs<\/a> intended for adult students who, like you, already have an associate\u2019s degree in the subject.<\/p>\n You can even save money or time by going back to school after joining the workforce. A competency-based degree program could award credit based on your prior work and life experience. An employer\u2019s tuition assistance benefits might pay for part of your education. <\/strong><\/p>\n \u00a0<\/strong>Additional Resources <\/em><\/strong><\/p>\n What Are the Highest Paying Jobs With an Associate\u2019s Degree in Accounting?<\/a><\/p>\n What Is the Fastest School for an Associate\u2019s Degree in Accounting?<\/a><\/p>\n How Long Does It Take to Get a Degree in Accounting?<\/a><\/p>\n What Kind of Job Can You Get With an Associate\u2019s Degree in Accounting?<\/a><\/p>\n How Advanced Does My Degree in Accounting Need to Be to Get a Good Job?<\/a><\/p>\n What Are the Benefits of Pursuing an Associate\u2019s Degree in Accounting?<\/a><\/p>\n\n\nAccounting Jobs With Associate\u2019s and Bachelor\u2019s Degrees<\/h2>\n
Transitioning from Two-Year to Four-Year Accounting Education<\/h2>\n