Accounting Schools in Iowa
For anyone interested in earning an accounting degree in Iowa they have a choice of excellent higher education colleges from which to choose. Community colleges offer certificate programs and associate degrees. Four year colleges and universities have curriculum tracks from an associate to a doctorate degree. Introductory courses in general requirements and accounting are offered at the community colleges for credits earned toward associate degrees. These credits earned in such courses as business communications and introduction to financial accounting may be transferable to four year institutions if a Bachelor’s or beyond degree is desired.
Degrees for a Bachelor’s or Master’s require courses in calculus, statistics, economics, business law, business ethics, marketing and corporate finance. To become a licensed accountant- a Certified Public Accountant (CPA) - in Iowa, a candidate must pass the CPA exam. The CPA license must be renewed every three years, along with an earned 120 hours of continuing education.
Accountants are hired by large companies and corporations, whether public or private. Local, state and federal government agencies also employ accountants. Bookkeepers fall under one sub-category of accounting. Smaller companies usually hire bookkeepers for purchasing, payroll, and benefits. All categories of accounting employees must detail oriented and extremely disciplined.
Different categories of accounting employees are listed under the broad category of “Accountants and Auditors” in the Bureau of Labor Statistics. This report states a 16% growth in accounting positions are expected to open between 2010 and 2020. It further reports the annual mean salary of this BLS category for Iowa is $62,390. Accountants examine and analyze their organizations’ statements for accuracy. They also maintain financial records and ensure the organizations’ comply with their tax responsibilities. Further specialties in the accounting field, besides bookkeeping, which include:
- Budget Analysts- Employees in this field of accounting assess the available resources of a company. Whether public, private or government, they help to organize the finances of their company. After the company’s data has been assessed, they take their analysis and develop a viable budget. Their findings and the budget is then reported to the managers for approval and implementation.
- Cost Estimators- People employed in this category collect data on how the company or government agency compensates its workers and distributes its assets. They then analyze the data and make recommendations to improve performance of the company or agency.
- Economist- Studying the supply and demand of a company’s goods and/or services is the work of an economist. Evaluation of the markets for the goods or services produced by their company and the historical consumer wants is made for future predictions. The financial shape of the company is their main concern.