What Core Courses Will I Take in an Online Master’s in Accounting Degree Program?

When you enroll in graduate school, the core courses you take in an online master’s in accounting degree program make up the foundation of your graduate-level education. An online program’s core requirements are comparable to those of an on-campus program. At an online master’s in accounting degree programs, the core coursework might include classes in advanced accounting principles and practices, auditing, taxation, financial reporting, business law and ethics, leadership and management and business communication, according to U.S. News & World Report.

Advanced Accounting Classes

Of course, some of the most important core courses you will take in an online master’s in accounting degree program are the advanced accounting classes. Now that you have mastered the basic and intermediate level theory and practice of accounting as an undergraduate student, you’re ready for more challenging work. Graduate accounting degree programs often include studies in a wide range of accounting topics, from corporate accounting to accounting for nonprofit organizations.

Auditing Courses

Also common among the core courses you will take in an online master’s in accounting degree program are auditing classes. Auditing is the process of officially examining financial reports for accuracy. Learning the practices of conducting an audit is essential for success in the field of accounting.

Taxation Studies

Many accounting professionals focus their career on taxation. Even if you don’t intend to spend the bulk of your work preparing income tax returns, you still need to know the fundamentals of taxes and how they intersect with financial planning and reporting. That’s why taxation forms the basis of some of the core courses you take in an online master’s in accounting degree program.

Financial Reporting Classes

Financial reporting is a huge part of accounting, so it’s no surprise that students in a graduate accounting program take plenty of coursework in the subject. Students in college financial reporting classes learn to create a number of types of financial documents, from balance sheets to reports for government agencies and for stockholders.

Business and Management Coursework

At many schools, core requirements also include some general business classes, according to U.S. News & World Report. Exactly which courses are required varies from school to school, but it’s not unusual to see a mix of classes in business leadership, business ethics and business communication. Students may also take courses in other business subjects, like finance, economics or marketing, as elective classes.

Of course, your graduate education comprises more than your required core classes. Many online master’s in accounting degree programs allow students to pursue in-depth education in an area of specialization, and students also often have options for fulfilling additional graduation requirements.

Advanced accounting, auditing, financial reporting, taxation and business classes are just a few of the core courses students take in an online master’s in accounting degree program, but as required classes, they’re also some of the most important subjects.

Related resource:

Top 10 Best Online Masters in Accounting Degree Programs 2014