Banking Accounting is at its core the study of permanent records of transactions. The fundamental theory of banking accounting is that for every debit there must be a credit, and the accounting books must always be in balance. Bookkeepers and bank tellers account in this way when at the close of business they must ensure that the various accounts they have handled are in balance. Professions in this field include accounting clerks, bank tellers, and bookkeepers. Banking accountants are frequently called upon to ensure that accurate records are maintained and create a sense of confidence in the financial institution.
Associates programs in banking accounting provide students with the foundational skills and knowledge needed to start a career as an accounting professional. Coursework includes classes in financial investigation, financial institutions and markets, and payroll accounting. Courses also include general banking issues, Fundamental to Consumer Lending, Banking Law, and Marketing. Bachelor degrees continue where the associates left off, and focuses on progressively more advanced topics including ethics. Master’s programs provide more in-depth, advanced banking education. The curriculum explores banking and financial services, complex transactions, and international lending in credit unions, banks, and securities firms.