Earning a recognition in accounting can have two advantages. You can qualify for an entry-level employment in an organization. Or you can earn one to further your accounting career. But is an accounting certificate worth it?
A certificate in accounting is worth it because it demonstrates academic qualification, which is part of what firms look at to make recruitment decisions. In fact, you can contribute your knowledge to keep correct records, adhere to government requirements, and make prudent financial judgments on behalf of the institution that hires you.
As the economy continues to expand, the need for accountants will also increase. In addition, as firms continue to globalize, accountants with expertise in international commerce, mergers, and acquisitions will be in high demand.
So if you’re consider majoring in accounting and you want to start with a certificate program, you’re on the right track.
Is Accounting Certificate Right For You?
Certificate programs in accounting can give certificates that are extremely adaptable and valuable, hence expanding your employment prospects.
To begin with, accountants are learners for life. A certification in accounting can assist you in beginning or advancing your education in the accounting industry because it is a field in which professionals are always learning and adapting.
Second, accountants are required in all industries. If you are interested in a profession that permits you to work virtually anywhere, accounting is the right course for you.
You have the option of specializing or generalizing within your field of study. You can work for the government, a huge accountancy company, or even a nonprofit organization.
5 Jobs You Can Do If You Have an Accounting Certificate
Here are five jobs you can do if you have an accounting certificate:
1. Accounting Assistant
General accounting assistant tasks include maintaining correct financial records, aiding with office management, and handling cash.
An accounting assistant often works in the accounting departments of major organizations or in a private office. They assist a licensed accountant in carrying out their tasks.
2. Accounting Technician
Accounting technicians’ work include balancing accounts payable and accounts receivable, bank reconciliations, payroll management, and issuing client bills or invoices.
Accounting technicians often work in the financial services division or accounting department of a larger corporation, organization, or firm.
3. Accounts Receivable and Payable
Two distinct individuals can fill this role: one for accounts payable and one for accounts receivable. However, the majority of small businesses mix the two into one individual.
A manager of accounts payable and receivable is responsible for collecting delinquent debt, notifying consumers of insufficient payments, preparing financial reports, and maintaining accounting ledgers.
4. Auditing Officer (Clerk)
An auditing clerk evaluates accounting records and verifies the correctness of financial data. Additionally, they may review financial documents and statements generated by other employees.
Some auditing clerks assume extra duties in other departments, including accounts payable or accounts receivable, auditing, and payroll.
5. Bookkeeper Bookkeepers
Bookkeepers have a vast array of possible responsibilities. Their duties vary on the firm for which they work.
Typically, they give business managers or owners reliable, up-to-date financial information to assist them in making financial decisions.
Occasionally, they may also become part of financial strategy of the organization. In addition, they may conduct fundamental duties such as data entry, bank reconciliation, and monthly reporting.
Alternatives to Certificates in Accounting
You are not limited only to the entry-level position. You may either continue or begin your education with a degree, or you can specialize by enrolling in accountant certification programs.
Here are other options:
- Associate’s degree in accounting: This is a two-year curriculum, which includes both basic liberal arts and accounting classes.
- Bachelor’s degree in accounting: A bachelor’s degree not only increases earnings but also allows for specialization. Numerous careers in accounting and finance require a bachelor’s degree.
- Accreditation in Public Accounting: If you possess a bachelor’s degree, you can pursue graduate certifications in a variety of specializations. A certificate in public accounting is the most popular graduate credential in accounting since it may lead to becoming a Certified Public Accountant.
Is Accounting Difficult?
Whether the discipline of accounting appears difficult to you depends on your particular abilities and interests.
You may take courses in management accounting, financial accounting, intermediate accounting, and federal taxes if you pursue a certificate in accounting. You will study advanced accounting classes as well as courses in mathematics, economics, and business if you seek a degree in accounting.
Additionally, you may be required to complete a few electives, which can help you personalize your certificate to your area of expertise.
Additionally, lessons in communication and critical thinking may be necessary. Some accountants must engage with corporate stakeholders on outcomes and plans.
Accounting Certificate vs Accounting Degree
The following are the differences between an accounting certificate and an accounting degree program:
Accounting Certificate | Accounting Degree |
Accounting can lead to entry-level careers | Required for a position at the middle or upper level |
Common professions include financial assistant, clerk, and bookkeeper. | Common professions include accountant, auditor, and financial analyst. |
Can serve as a bridge to your next career level | Requires certification as a certified public accountant (CPA) |
Can take between a few months and a year to earn | Generally, it takes between two and four years to get a degree, depending on its level. |
A certificate in the undergraduate level allows you to sample college courses without committing to a degree program. With a certificate, you can obtain training to enter or develop in the workforce and establish the groundwork for further study.
What is the Difference between Accounting and Finance?
Experts in accounting and finance are not identical.
Financial experts assist in the planning and management of a company’s financial transactions. Accountants are primarily concerned with recording and reporting financial transactions.
Accounting | Finance |
Includes the organizing and administration of financial data | Money management, budgeting, and investment planning are elements of finance accounting. |
Accountants, auditors, clerks, and bookkeepers are common professions. | Brokers, managers, planners, advisers, and analysts are typical professions. |
Finance specialists can assist in guiding a company’s financial decisions. Accounting professionals may handle a company’s financial data.