Accounting Schools in Colorado
As the economy recovers, accountants are starting to be in high demand by businesses of all types and sizes. This is why accounting degree programs are very popular in Colorado right now. Accounting programs in the state are very rigorous, and they require extensive knowledge of finance, business and mathematics. For example, A University may offer a Bachelor of Science in Accounting degree, which will prepare students for careers in:
- financial accounting
- oil and gas accounting
- and other topics
The required courses for a program may include multiple classes in financial accounting, data processing auditing, and cost accounting. These courses are pretty typical of any accounting degree program in the state of Colorado. Once the accounting degree is achieved, students must still become Certified Public Accountants (CPA) in the state. This can only be obtained with a degree in accounting along with some specific work experience. If one wants to obtain more education, advanced degrees go into more depth on some theories of accounting and even prepare students for certain specialties.
As accountants work for businesses, they mostly work full time. During times of the year when budgets are due or when it is tax season, accountants may work longer hours in order to finish the extra work. This hard work is rewarded, however, as the median pay for accountants was about $60,000 a year, according to the BLS. In Colorado, salaries can vary widely according to location and the type of company. For example, an accountant in Colorado Springs can be making $60,000 a year while another in Denver can be making $70,000.
As an accountant, your day will involve going over financial statements and making sure that there is nothing out of the ordinary. This involves some knowledge of Colorado’s financial laws. Furthermore, the business you work for must pay taxes, and you are the person that will have to calculate the amount of taxes that are owed to the government and make sure that they are paid on time. As the accountant, the keeping and organizing of financial records will fall on your shoulders, and your managers will listen closely to your suggestions on how to reduce costs and improve profit margins. Today, many companies are criticized for evading taxes and falsifying financial records. This means that an accountant’s work is highly visible and it is an important part of the company’s image.
If you like working with numbers, then accounting is surely the right career for you. With some hard work and perseverance, you can be sure that you can obtain your degree and start working for a company in less time than you think. Once you see your name with the letters “CPA” after it, you will realize that your hard work was well worth it.