If you are wondering about how to become an accountant, you have come to the right place. While there are a variety of routes to becoming an accountant, the most typical is by becoming a Certified Public Accountant (CPA). In order to become qualified as a CPA in most states, you will have to earn a bachelor’s degree in accounting, and then pass the CPA examination. Fortunately, there are many great accounting schools that will give students an understanding of accounting theory and practices while preparing them to pass the CPA exam. The CPA exam is broken down into four different sections:
- Auditing and Attestation: Tests students on their knowledge of ethics, risk assessment, and filing financial records.
- Financial Accounting and Reporting: Tests students on their knowledge of how to report financial statements, including balance sheets, income statements, cash flow statements, and transaction statements.
- Regulation: Tests students on their knowledge of Business Law and Federal Tax Procedures including property transaction taxation, individual taxation, and federal entity taxation.
- Business Environment and Concepts: Tests students on their knowledge of financial modeling, economic concepts, and information technology affluence.
Any accounting major program from an accredited institution will help train your understanding of these four areas of accounting. If you want to begin your journey towards becoming a CPA while making a minimal financial investment, you should check out some of these accounting schools. Our methodology for selecting the top programs was based on the following methodology:
- Total tuition: None of the programs on our list have an average annual tuition of over $10,000.
- Accreditation: Accreditation from associations like the AACSB, ACBSP, or IACBE ensure that the programs meet industry educational standards.
- Educational Quality: We prioritized schools that appear on national rankings, and have great retention rates, student-faculty ratios, and experiential learning opportunities.
Finding a good deal on your Accounting degree will go a long way to ensuring that you can achieve a great return on investment for your time and money. According to the Bureau of Labor Statistics, Accountants and Auditors make an average annual salary of $69,350. As a prospective accounting major, it would be a good exercise to calculate A Cost/Benefit Analysis of a Bachelor’s Degree. Some of the programs that ranked highly based on our methodology include:
- Brigham Young University: Their Marriott School of Management offers a BS in Accounting that offers their students great internship opportunities.
- Harris-Stowe State University: Consistently ranks as one of the most affordable HBCUs in the nation, while keeping students and alumni connected through their Accounting Students Association.
- Delta State University: Offers students the ability to earn their Bachelor of Business Administration with an Accountancy Major through flexible online or evening courses.
For the full list of schools that offer affordable rates on tuition for your bachelor’s degree in accounting, check this ranking of Top 15 Cheapest Bachelor Degrees in Accounting. If you feel like any of the schools might be the best fit for you, be sure to follow the links to their website and request more information.