Finance & Accounting
Financial accounting is the study of accounting concerned with the preparation of financial statements used by the public, including stockholders, banks, the government, and other stakeholders. Financial accountants summarize financial data taken from an organizations records and publish them in the form of yearly reports. Financial accounting is governed by national standards including GAAP. Students who are interesting in studying financial accounting can do so via numerous degree levels that can be customized to fit the student’s needs.
Bachelor’s programs in financial accounting prepare students to enter this exciting field. Courses train students to understand the basic knowledge of accounting and the finance industry. Courses include Payroll Accounting, Intermediate Accounting, and Business Law. Master’s programs in financial accounting provide students with a solid foundation in the fundamentals of accounting and financial management. Programs often combine theory and application of rules that students find extremely helpful in the workplace. Doctoral programs trains students how to conduct research on accounting issues and focus on developing a conceptual plan and set of skills for attacking the general problem of evaluating accounting alternatives. Topics include financial reporting, managerial accounting, taxation, economics, finance, decision theory, and statistical inference.