Accountants Enjoy Expanded Role in 21st Century Business
Posted Tuesday, Oct 25, 2011 by
Twenty-first century accountants are more than just number crunchers. Many play key roles in how their companies do business. In addition to tracking profits, losses and expenses, many modern accountants hold leadership positions and help guide their company’s future.
Functions in which accountants may now participate include:
Risk Management — Many accountants work closely with CEOs to evaluate investment risks and determine where a company’s money is best put.
Global Expansion — The 21st century economy does not recognize national boundaries. As a result, companies rely on accountants to keep them abreast of changes in international markets and financial issues. Being multi-lingual can be a great asset to an accountant in this challenging environment.
Fair Value Accounting — This is a new way of looking at a company’s assets that is gaining popularity in the accounting community. It seeks to identify what assets are actually worth on the open market as opposed to what they cost to acquire. CEOs need this information to honestly evaluate what their companies are worth at a given moment.
Forensic Accounting — In decades past, most companies waited until they got into trouble with state or federal regulators before doing forensic accounting. Today, many companies are taking a more pro-active approach, using forensic accounting to make sure they’re in compliance with all statutory, regulatory and ethical guidelines to prevent costly problems in the future.
Long-Term Planning — Where is the company going to be in five years? In 10 years? And how will it get there? Because of their intimate knowledge of a company’s operations, accountants can be key players in helping develop and implement long-term growth plans.
Earn Your Bachelor’s in Accounting Degree at Everest University Online
If you’d like to expand your role in your company’s business, a good place to start is with a Bachelor of Science in Accounting degree from Everest University Online, a division of Everest University. Designed for career-minded individuals who may already have a job or who are raising a family and don’t have time to go to a traditional ground school, Everest’s Accounting program can provide you with the knowledge, skills, experience and support you need to begin or energize your accounting career.
As with all Everest programs, classes are small to ensure you get the individual attention you may need. Instructors are industry professionals who emphasize hands-on learning with group projects and real-world scenarios. Graduates can also take advantage of Everest’s Career Services department, where representatives can help you find employment opportunities in the area.
Financial aid is available for those who qualify.
Ask for More Information
For more information on the bachelor’s degree in Accounting programs, contact Everest University Online today!
For more information about our graduation rates, the median debt of students who completed the program and other important information, please visit our website at www.everestonline.edu/disclosures.