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Online Accounting Associate Degree: Your Guide

Choosing an online accounting associate degree is a big step towards a new career. The good news is there are many quality options out there.

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Top Online Associate’s in Accounting Programs

Let’s look at some of the top schools offering online associate’s degrees in accounting.

1. Western Governors University

Western Governors University is a non-profit, accredited school with self-paced programs. Their online accounting associate’s degree covers areas like financial reporting, budgeting, and managerial accounting.

You can transfer up to 75% of the required credits and complete the program in under 2 years for under $7,000 total.

2. Rio Salado College

Rio Salado is one of the largest online community colleges. Their accounting associate’s degree provides a solid foundation in financial and managerial accounting, taxation, and auditing.

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All courses are online and self-paced. In-state tuition is around $85 per credit, with 60 credits required, making the total cost under $5,100.

3. Thomas Edison State University

Thomas Edison State University offers an associate’s in applied science in accounting completely online. The curriculum focuses on real-world accounting skills, like using accounting software and spreadsheets.

Students can transfer up to 90 credits and complete the remaining 30 credits for $520 per course. Total program cost is under $4,700 for non-residents.

READ ALSO: Financial Aid for Online Degree

What to Look for in an Online Accounting Program

When searching for an online accounting degree program, there are a few key factors to consider.

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Look for programs that offer:

1. A solid curriculum

Check that the courses cover core accounting topics like financial accounting, managerial accounting, tax accounting, and auditing. The program should provide a good foundation in GAAP (Generally Accepted Accounting Principles) and teach relevant accounting software.

2. Accreditation

Look for programs accredited by the ACBSP (Accreditation Council for Business Schools and Programs) or a regional accrediting board like the Higher Learning Commission. Accreditation means the program meets high academic standards and the degree will be respected by employers.

3. Useful resources

Look for programs that provide resources to help you learn online like video lectures or lessons, online tutoring, and career support services. Some schools offer virtual simulations, projects, and internships to provide hands-on experience.

4. Flexibility

Look for programs that offer flexibility to balance work and life demands. Consider options like part-time or accelerated programs, multiple start dates throughout the year, and credit for prior learning or work experience.

5. Opportunity for advancement

Look for programs that provide a path to continue your education with options like earning a bachelor’s degree in accounting, finance, or business administration. Some schools offer discounts or dual degree programs for associate’s degree holders.

6. Reasonable costs

Compare costs at different schools to find an affordable option that fits your budget. Look at tuition, fees, and any additional costs like books or software. Some schools offer lower in-state tuition, scholarships, or financial aid for online students.

Conclusion

With the right online accounting program, you can gain valuable knowledge and skills to prepare you for an entry-level career as a bookkeeper, payroll clerk, or accounting assistant.

READ ALSO: Earn Your Psychology Degree Online

Frequently Asked Questions About Online Accounting Degrees

As you explore online accounting degrees, you likely have some questions.

Here are a few of the most common FAQs:

1. Do I need any prior experience?

Most associate’s in accounting programs do not require any prior experience or accounting knowledge. These entry-level degrees are designed to provide you with a foundation in accounting concepts and skills. However, having strong skills in areas like math, critical thinking, and analysis can be helpful.

2. How long does an online associate’s in accounting take?

Typically, an online accounting associate’s degree takes about two years of full-time study to complete. Most schools offer accelerated or part-time options if you need more flexibility. The exact time will depend on factors like the number of credits required, availability of courses, and your own pace of study.

3. What can I do with an associate’s in accounting?

An associate’s degree in accounting can prepare you for several entry-level roles, including:

  • Bookkeeping clerk – Maintain financial records and transactions.
  • Accounting clerk – Provide support for accountants and auditors.
  • Payroll clerk – Calculate wages and deductions and issue paychecks.
  • Accounts receivable/payable clerk – Track money owed to or from a company.

Many graduates also go on to pursue a bachelor’s in accounting or related field. An associate’s degree can provide a solid foundation for further education.

4. How much can I earn?

According to the Bureau of Labor Statistics, accounting clerks and bookkeeping clerks earn a median pay of around $40,000 per year.

Actual salaries will depend on factors like your location, employer, experience, and job responsibilities. Salary potential often increases with higher degrees and certifications.

5. Is an online program right for me?

Online programs are a great option if you need flexibility or want to save time commuting. However, online study does require strong time management skills and self-motivation.

6. What to Look for in an Online Accounting Program

Look for programs that offer:

  • A solid curriculum
  • Accreditation
  • Useful resources
  • Flexibility 
  • Opportunity for advancement
  • Reasonable costs

With the right online accounting program, you can gain valuable knowledge and skills to prepare you for an entry-level career as a bookkeeper, payroll clerk, or accounting assistant.

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