A Career You Can Count On: New Trends in Accounting
by Elizabeth Buckner
elizabeth.buckner@collegedegreereview.com
College Degree Review Columnist
The accounting field has undergone dramatic changes in recent years. Between advances in technology and new business regulations, it can be hard to stay on top of new trends. Online accounting degrees, courses in business and fair value accounting, and forensic accounting degrees offer a convenient way to update your accounting job skills.
Four Factors Changing Accounting.
According to Next Generation Accountant, research by Robert Half International predicts the following developments in the accounting field:
- Enterprise Risk Management. - Accounting is no longer just number crunching. Businesses need accountants to help companies identify and manage risk. Combining accounting degrees with business management courses can give you an edge.
- Fair Value Accounting. - A new trend in accounting jobs, fair value accounting recognizes the current worth of assets, not the cost of acquiring them. A degree from accounting school or an online accounting degree can help you learn more about this emerging field.
- Globalization. - Businesses increasingly need accountants that understand business from a global perspective. The field of international accounting offers accounting jobs overseas. You can combine online accounting degrees with foreign language study or international business courses.
- Fraud control and Forensic Accounting . - Recent media attention from corporate accounting scandals have increased the demand for accountants with fraud-detection and investigation skills, making forensic accounting degrees a good choice.
Get the Number-Crunching Skills You Need.
The Bureau of Labor Statistics expects that demand for accountants will grow faster than average over the next decade. Update your current accounting skills with an online accounting degree in a new field, and you'll be prepared for the next generation in accounting.
Sources.
About the Author
Elizabeth Buckner is a freelance writer and current Fulbright grantee to Morocco, where she is conducting research on language education and the growth of English. She holds a B.A. in Sociology/Anthropology and Education from Swarthmore College.
Posted on: May 29, 2007
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