1. Bachelor Degree in Management with an E-Business Emphasis

The business management degree in E-Business equips students with an understanding of the global electronic market. Specific skills sets acquired at the completion of the business management degree include marketing, advertising, and information technology.

2. Bachelor Degree in Management with a Sales and Marketing Emphasis

Students learn about market research and effective sales techniques with this business management degree. Whether considering a business that offers a product or a service, sales and marketing are central to business growth.

3. Bachelor of Science in Business with a Finance Emphasis

A finance business management degree helps students learn how to properly manage cash flow in business start-ups. In addition to writing, oral communication, and other professional skills, the business management degree focuses on the development of effective financial decision making skills and an understanding of global finance.

4. Bachelor of Science in Business Administration

Students looking for a broad business management degree may be best suited for the Bachelor of Science in Business Administration. In this business management degree, students acquire an all-encompassing skill set, including financial accounting, managerial finance, quantitative analysis, economics, marketing, and business-based research.

5. Associate Degree in Business and Management

Not all successful business owners have a bachelor business management degree on their resumes. Some professionals may simply need an educational jump-start with a two-year associate degree in business. The Associate of Applied Science in Business and Management is a streamlined business management degree that offers focused classes for business professionals.

For a complete list of campus-based and online business management degree programs, students are encouraged to visit College-Pages.com, the leading education and career resource website. Prospective students will also find links to informative articles for making education and career decisions in the field of business.

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Online Bachelor Degree in Business Administration Students can Aspire to Serve on Think Tanks in their Areas of Interest

Think tanks are typically funded by private or government sources to create advice and ideas on various subjects. They also encourage interaction between scientists and intellectuals to discover solutions to different problems. Online Bachelor Degree in Business Administration students may one day find interest in holding think thank positions, such as: Brookings Institution online bachelor degree in business administration positions. Heritage Foundation online bachelor degree in business administration positions. American Enterprise Institute online bachelor degree in business administration positions. Cato Institute online bachelor degree in business administration positions. Economic Policy Institute online bachelor degree in business administration positions.

Online Bachelor Degree in Business Administration Emphases Prepare Students for Long-Term Careers in Business

Online Bachelor Degree in Business Administration students are able to choose from 4 areas of focus. Crafting a personalized business career, that may one day qualify a graduate to serve on a think tank, begins with choosing one of the following specialties:

• Online Bachelor Degree in Business Administration with an Accounting Emphasis
• Online Bachelor Degree in Business Administration with a Business Security and Assurance Emphasis
• Online Bachelor Degree in Business Administration with a Finance Emphasis
• Online Bachelor Degree in Business Administration with a Management of Information Systems Emphasis

Serving on a think tank requires expertise and dedication to a business field of choice. Students interested in taking the first step of earning an online Bachelor Degree in Business Administration may visit College-Pages.com, the leading education and career resource website, for an extensive list of available programs.

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Bachelor Business Degree Online Students Find Exciting Employment Prospects in International Business

With the globalization of international economies come new and exciting employment opportunities. Kaplan bachelor business degree online graduates may find employment in the following international business occupations: International Business Consulting. International Business Think Tanks. International Business Teaching Positions. International Business Companies. U.S. and Foreign Commercial Service. U.S. Agency for International Development.

A Variety of Educational Paths to a Career in International Business through a Bachelor Business Degree Online

Choosing to specialize in international business necessitates a broad educational focus. Bachelor of business degree online students have access to four unique academic emphases, including:

• Bachelor Business Degree Online with an Accounting Emphasis
• Bachelor Business Degree Online with a Business Security and Assurance Emphasis
• Bachelor Business Degree Online with a Finance Emphasis
• Bachelor Business Degree Online with a Management of Information Systems Emphasis

The field of international business in the 21st century promises an innovative and lucrative career for bachelor business degree online graduates. Prospective students in search of more information on international business careers may visit the Academy of International Business website, a professional association of international business workers. For links to more bachelor business degree online programs, students are encouraged to visit College-Pages.com, the leading education and career resource website.

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Spotlight on Accounting

Students who choose to focus a Bachelor in Business with an emphasis in accounting receive essential training for obtaining entry-level positions in the field of accounting. Students who decide to pursue the accounting track study: Accounting principles. Tax laws. Financial statements. Balance sheets. Asset management. Inventory analysis. Accounting software. Cost-volume-profit analysis.

Alternative Options with a Bachelor of Science in Business

During the 2003 – 2004 academic year, 307,149 bachelor business degree diplomas were awarded. One of the reasons for its popularity as a bachelor degree choice is that a Bachelor of Science in Business provides a broad educational foundation for a wide variety of career paths. Students who graduate from an accredited bachelor degree business online program may enter a career in banking, financial services, purchasing, information technology, or any number of options within the business setting.

A Bachelor’s in Business helps students develop critical thinking skills that are essential to making sound decisions in today’s business world, while providing workers with the necessary skills to succeed in their specialty of choice. College-Pages.com, the education and career resource website, is available to those students interested in learning more about their options for pursuing a bachelor of science in business.

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Spotlight on Finance: Business Bachelors Degree in Finance

Bachelor degree in business students who choose to focus on finance receive training in financial operations, services, and techniques. Specific areas of study for college finance students include:

• Capital budgeting
• Asset evaluation
• Forecasting
• Securities analysis

Students also gain an understanding for the influence of financial markets on investment strategy methods. Bachelor Degree in Business Finance students obtain positions in business banking, retail, and financial service firms.

Alternative Options with a Bachelor Degree in Business

During the 2003 – 2004 academic year, 307,149 bachelor business degree diplomas were awarded. One of the reasons for its popularity as a bachelor degree choice is that a Bachelor Degree in Business provides a broad educational foundation for a wide variety of career paths. Students who graduate from an accredited bachelor degree business online program may enter a career in banking, financial services, purchasing, information technology, or any number of options within the business setting.

A Bachelor Degree in Business leads to the development of critical thinking skills that help professionals make well-constructed decisions in today’s business world. A bachelor business program provides working professionals with the necessary technical skills to thrive in their specialty of choice.

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Typically, a business certificate program is a one year introduction to the principles and practices of business, although some schools offer concentrated courses that can be completed in a shorter period. Often you will find that a school will provide for areas of concentration within their certificate offerings. One institution offers a business essentials concentration, an MBA foundation, and an international business concentration.

With those options you can have your eye on entrepreneurship, an MBA, or a leg up when applying for a midlevel position with a multinational corporation. A business certificate is a solid initial step in continuing education for those wishing to crack the business world and can contribute to a resume in virtually any job search. Not much has changed since Calvin Coolidge commented that “The business of America is business.”

Courses typically will range through statistics, accounting practices, the fundamentals of economics and other business basics. But those interested will also find instruction on marketing, guidelines for handling personnel and import- export practices. Capella University offers a certificate in Professional Project Management. Boston University Metropolitan College offers certificates in Business Management, Marketing, and International Business Management. There are enough business certificate programs now available that students can browse for the areas of concentration in which they are interested.

Some programs offer just the basics. One accredited online college has a business certificate program that can be done in as little as six months, if you have the time to devote to it. Some certificate programs are designed to sharpen the skills and broaden the opportunities for people who have secured a professional position. For that reason, many of their courses are taught at night and/or online. It is important for potential students to keep in mind that distance learning opportunities are expanding rapidly. If an established campus has a program that interests the individual, a simple phone call will indicate whether that program has been made available online.

A certificate in business can lead in a number of directions but, most importantly, it will get the potential student noticed. Student can tailor the certificate classes to focus on their professional area of interest. They come in all sorts of packages as well: online, in the classroom, at night; through local institutions and virtual universities. If the desire to move forward in the business world exists, the business certificate is a great first step.

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What is an Accounting Technician?

Accounting technicians have more specialized tasks than general bookkeepers. Graduates of online associate degree in business programs who work as accounting technicians may total accounts, calculate interest charges, and post details of transactions. They may also maintain a close overview of accounts and loans to ensure payments are current. Graduates of online associate degree in business programs may also perform more advanced accounting tasks, such as balancing and reconciling vouchers or checking for accuracy of account data.

Required Education to Work as an Accounting Technician

According to the Bureau of Labor Statistics, accounting technicians must have a high school education at a minimum. However, employers prefer to hire employees who have completed some college education, such as an online associate degree in business. Some accounting technician business administration jobs now require an associate degree in business or an associate degree in accounting.

Many students are now choosing to pursue an online associate degree in business. Schools, such as the University of Phoenix, offer associate business degree programs specifically designed for working professionals that can be completed entirely through distance education. The Associate of Arts in Business at the University of Phoenix prepares students to either directly enter the work force or streamline into the Bachelor of Science in Business program.

Qualities Necessary for Success as an Accounting Technician

Accounting technicians should have a firm grasp on mathematical skills. Graduates of online associate degree in business programs must also be careful, methodical, and detail-oriented. Employers prefer to hire associate degree business students who are proficient in the use of word processing and spreadsheet computer programs. Finally, accounting technicians should be discrete and trustworthy as they may often handle confidential company information.

Employment Outlook for Accounting Technicians

The Bureau of Labor statistics predicts only up to an 8% increase in new job openings through the year 2014 for accounting technicians. However, because associate business graduates who work as accounting technicians are employed in every industry, there should be plenty of remaining opportunities for professionals who are new to a business administration career.

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For years small businesses have turned to outside sources for tax preparation. With the advent of today’s information technology, using outside sources for daily and weekly accounting functions is beginning to make as much sense as the yearly tax returns. There are hundreds if not thousands of local accounting firms that provide off site accounting services for small businesses. There are also national firms that provide the same service to local businesses on a franchise basis.

Seemingly the most popular small business accounting service is payroll preparation and book keeping. Many small businesses will have an accounting service prepare their biweekly payroll checks and handle the deductions and the payments to the government that are required over the course of the year. This task is easily separated from the daily accounting functions of a business that has purchasing, sales and invoicing occurring every business day. It also provides the accounting service with a head start on preparing the business’s annual taxes.

With the appropriate software, accounting services can also handle a firm’s invoicing and accounts payable in relatively seamless fashion. Done properly it requires some networking and it requires standardized forms so that the business staff in the front office understand what the accounting service is doing. Similarly, the accounting service has to understand what accounts payable are coming to them and how they should be categorized as a business expense. This part of an electronic outsourcing system requires some data input as bills roll into the business office and must be standardized as payables for the accounting service.

Some accounting services provide a complete accounting service that includes collecting daily information from the business on a standardized form and developing a sophisticated database on every aspect of the client’s finances. The accounting service will provide work document forms that standardize the process. They will also handle deposits, banking records and pay the bills. The small businessman is provided a duplicate copy of the check in order to track the activities of his accounting service.

Some of these “full service” accounting services will manipulate the financial data they have collected for the business and provide customized reports. They also supply weekly reports of financial activities. One of the values of a service like this is for businesses sufficiently large that they loose track of overdue accounts. A weekly report on the financial activity in the business will provide a weekly reminder of the phone call that needs to be made to the delinquent customer.

Accounting services can also reduce employee requirements within the business structure. The key is finding the right balance of on site staff with off site services so that financial activities flow smoothly and the ability to analyze and project is one of the end results of the accounting procedure that has been developed.

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Both University of Phoenix Online and Warren National University offer a DBA degree. Warren National University has an online doctorate course for business administration that includes concentrated focus in the following areas: Finance Information Systems Project and Systems Management

Capella University has an online business PhD program with specializations in General Business and Human Resource Management.

While not every online business administration school has a doctoral program, the ones that do seem to have been thorough in their design and development. Online doctoral business administration programs provide the same faculty guidance and dissertation review that is found on a traditional campus. The opportunities to focus on global business issues and the quantum shift in economic power on this planet are every bit as topical in the online business administration PhD programs as they are on campus.

Online MBA programs offer a wealth of specialization areas that present a premier opportunity for career advancement. If you are seeking leverage to break into the business world, an online master’s program in business administration can certainly be a valuable tool. But if you are already employed in a corporate environment and have hit the ceiling far too soon, there is an online MBA program to fits your needs.

Kaplan University provides online MBA programs that specialize in any of the following:

• Entrepreneurship
• Finance
• Human Resources Management
• Information Technology Management
• Communication and Quality Marketing

Capella University has online MBA degrees with the following specialties:

• General Business
• Accounting
• Finance
• Marketing

An online graduate degree in business administration might be the ticket out of the middle of your corporate department into the director’s office.

Jones International University has an online MBA degree available and also a Master of Arts in Business Communication. This degree focuses on such areas as team-building skills; leadership and communication skills; management strategy and technique; and research and reporting techniques. Here is an online variation of the MBA that might fit many a frustrated, midl-evel professional like a glove.

The online MBA opportunities are there for people with interest in international business and the public sector. University of Phoenix Online has MBA degrees that include the following specialties:

• Global Management
• Public Administration
• Marketing
• Accounting
• Human Resources Management

University of Phoenix Online also offers a master’s degree in management.

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What is Business Administration?

Training for a business administration career involves learning subjects such as business management, information technology, economics, international business, and legal and ethical issues in business. Associate degree business students receive a broad overview of business values and technology while developing effective communication skills for future occupations. Upon completion of an associate’s degree in business administration, students are prepared to enter a number of occupations within business settings.

Possible business administration jobs for workers who have earned an associate’s degree in business include human resources assistants, accounting technicians, import- export clerks, and supervisors. As well, some graduates of associate degree business administration programs choose to create an independent business with their training. Others opt to go on from a business management associate degree and pursue further education.

Why Earn an Associate of Arts Business Administration Degree?

Many employers actually prefer to hire workers who have earned an associate of arts in business administration degree, according to a recent article in the Department of Labor’s Occupational Outlook Quarterly. Earning an associate business degree demonstrates that a worker has completed education requirements that develop critical thinking skills along with practical business knowledge. An associate’s degree in business administration also translates into financial advantages. The Bureau of Labor Statistics found that, in 2001, a worker with an associate’s degree earned an extra $128 per week, compared to a worker with only a high school education.

Earning an associate of arts in business administration degree will also prepare students for even further education. An applicant with this type of degree is likely to get boosted to the top of the application pile for a bachelor’s degree program. The U.S. Department of Education found that a student who has already completed an associate business administration degree is more likely to finish a bachelor’s degree program than a student who has merely taken a few college courses that did not lead to a degree.

Choosing a Business Administration Degree Program

Many students are now choosing to pursue a business administration degree online. Schools such as the University of Phoenix offer an Associate of Arts in Business that can be completed entirely online. An online associate degree in business is often specifically designed for working professionals who wish to continue working throughout their educational training. Online business associate degree programs like the one at Phoenix University also prepare students to streamline into a bachelor’s degree in business if that is the ultimate goal. For more information, prospective students may visit College-Pages.com, a leading education and career resource website with an extensive list of available programs.

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HRIM software began as document management software for a segment of business operations that is heavily burdened with paper flow. The job application processs alone requires an application, a resume, various supporting and documents verifying employee eligibility.

Once an employee is in the ranks, the ongoing record keeping spreads to benefits and accounting functions that include insurance status, attendance, periodic performance evaluations, payroll records, tax withholding, etc. Letters of commendation or disciplinary actions, promotions, demotions – all have been paper documents to be filed in some fashion prior to the advent of electronic record keeping.

Human resources information management software consolidates many of these record keeping functions into a database that takes many of the filing cabinets out of the office layout and provides business analytical tools based on the personnel files.

Companies that produce and sell human resources information management software usually design them in modular form. Functions may include:

• HR (hiring)
• Payroll
• Tax Filing
• Scheduler
• Timekeeper
• Accruals
• Activities
• Attendance
• Leave
• Record Manager (employee overview)
• Employee (access)
• Manager (access)

These last two features are access to the database for both employees and managers. Employees can access information on insurance issues, personal insurance coverage, payroll records, vacation or time off available, work schedules and so on. Managers can file work schedules and departmental or employee reports as required regarding personnel activities. The interactive features of most HRIM systems are strong selling points as they take the need for personal counseling on each employee question or issue out of management’s daily responsibilities.

Human resources information can be put into database forms that provide management information. Some management decisions regarding worker productivity and streamlining operations can be aided with data developed through HRIM. One software company notes these analytical tools that their software data can generate:

• Effective workforce deployment to meet quality, cost, and customer satisfaction goals
• Labor cost control
• Government regulation compliance
• Employee recruiting, development, and retention

Statistics in these categories matched against industry norms can provide valuable benchmarks for decisions on operational changes. Many of the software firms that provide the basic packages providing the record keeping categories listed above will provide sophisticated analytical modules as options sold separately.

Human resources management software can be a helpful tool for the employee and for mid-level management staff. Software implementation and the impact on employee’s daily routines need to be handled carefully. Many software companies provide company-wide briefings as part of the product sale.

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CPAs are registered with and certified by the state in which they practice. EAs are certified by the U.S. Treasury Department and can practice their craft anywhere in the country. EAs can prepare tax returns, represent clients during audits, intercede on collection issues and negotiate payment plans.

Buying or selling an accounting practice should probably start with the nature of the practice. Will your skill and certification level match up with the seller or buyer? That is a critical question, as the value of a practice is really the clients that come with it. It is important that the buyer be able to service all of them.

Brokers are available to handle the sale of an accounting practice of any type; selling an accounting firm through a broker is fairly common. The advantage is that the broker will be in touch with potential buyers or sellers due to his visibility and advertising. The business owner need not be tied up with the initial discussion phase of the potential sale. And, brokers may be in a position to sell an accounting business to another firm seeking a property to expand their business.

The basic financial information that opens discussion is a set of financial statements for the last five years of operation. These documents should include profit, loss statements and balance sheets. In the interest of streamlining the process, it might be a good idea for the seller to have a third party prepare his financial statement, even though that’s his business. It puts the credibility issue to rest. Offering to show the business’s tax returns is a worthwhile gesture – or personal tax returns, if the business is a sole proprietorship.

Valuation of similar accounting businesses that have sold in the area is a starting point for putting a price tag on the business that is on the market. The important figure here is selling price, not asking price. There is a significant disparity in the small business market. A buyer may look at the last five year’s performance and estimate what the next five years will bring. He can compare that estimate to what investments in other opportunities might bring, and incorporate some sort of risk factor.

If you are the seller, avoid making profit projections. Local accounting businesses often succeed on the basis of personal relationships, which the new owner will have to establish on his own. It is in the interest of both parties to seek legal review of the sales agreement. There are far more variables in a business sale than in a real estate sale.

The average sales price for an accounting business seems to hover around the figure for a year’s gross sales. Review of a listing of accounting firms for sale show the annual gross against the asking price. Presumably, the gross is an average of the previous five years’ performance. Asking prices tend to range ten to twenty percent above the gross, so the selling price must presumably be at or slightly below the annual gross. For a comprehensive look at accounting firms currently for sale, their gross figures and their asking prices, visit http://www.accountingpracticesales.com/index.cfm.

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NetSuite offers an online integrated business applications system that operates off of the company’s remote servers. NetSuite clients are provided with an onscreen “dashboard” that provides them with online functions and reports. It is an instant integrated system for midsized companies that may have several business locations which need centralized accounting and operations information with multiple points of access.

Records that are provided include performance indicators such as sales information on an annual basis, by location, by sales person, and so forth. The software handles customer relations, marketing programs and an entire e-business subdivision. The marketing program, for instance, can analyze customer buying characteristics in order to target market segments. The program will also provide an ROI for each marketing campaign it devises.

Clearly, NetSuite’s product is all things to all operations departments. The accounting functions are a mere portion of this omnibus software package. But it is indicative of the functional growth of software targeted at midsized companies.

You can shop for accounting software by scrolling through the applications that are available, selecting those that you need, and finding a software program that provides them. It is easy to purchase a program in this field and find yourself using twenty five percent of its functionality.

General business tasks include accounts payable and receivable; payroll; the general ledger; budget planning and tracking; purchase orders and sales analysis.

For invoicing functions you may need a ‘time and billing’ component, for professions such as the law where your product is your time. A point-of-sale or cash register system and inventory tracking can be tied to the invoicing system. Other specialized features might include tax preparation and job costing, work order and project management.

These modular accounting solutions software packages try to build multiple variables into their products. Microsoft has a business solutions product that “plugs into Microsoft Office” and includes a financial solutions component. The solutions referred to are more the analytical and projection tools, designed to streamline business operations. But underlying all those tables and charts is a full-fledged accounting system.

There are many components to the Microsoft Dynamics suite and purchasing one would require a good deal of discussion and debate. Their contribution to the continuing trend of modular customization is the ability to choose a software configuration based on industry. This accounting and business solutions software can be selected for businesses in the following categories:

• Construction
• Distribution
• Education
• Government
• Healthcare
• Life Sciences
• Manufacturing
• Not-for-Profit
• Retail
• Professional Services

Further choices are in the business components such as e-business, retail, financial management and so on. There are more detailed menus beneath each of these categories as well. Accounting solutions software is designed for the customer seeking an electronic, record-keeping system to meet business needs. Once the needs are established, the components are locked together into a system.

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Also at that site, you will find discussions of concepts such as cost control, projections, and credit and collections. An understanding of these issues is important in helping a client analyze his business based on the evidence found in the accounting documents. It is also helpful in analyzing your business, or potential business if you are thinking about opening an accounting firm.

Most of us researching the accounting business at this juncture are contemplating small business ventures. You can still draw ideas and knowledge from looking at the business plans of larger concerns. A marketing and business plan for a mid-sized accounting firm can be found at http://www.bplans.com/spv/3382/3.cfm. There is some market analysis, discussions for growing the business in various sectors, and a table of hourly fees that the firm charges for various staff: CPAs, accounting staff, bookkeeping staff and so forth. The firm is based in Southern California, so adjust your expectations accordingly.

There is a wealth of information at the web site of the AICPA, the American Institute of Certified Public Accountants. Much of what is found in their main section is news of the industry and the Association. A little clicking though, and you will find a roster of accounting organizations’ websites at http://www.aicpa.org/yellow/ypaass.htm. There are dozens of them, regional and worldwide. There is an American Association of Women Accountants, the British Accounting Association, etc. One of those groups, the American Accounting Association, has a research page on their website at http://aaahq.org/facdev/research/rpubs.htm.

A professional website that is a little less mercenary and written for the CPA-to-be as well as people in the trade can be found at http://www.accountingeducation.com. This site has some advertised links on it that may or may not be of value. There’s a lot of information about the accounting business for sale on the internet; the trick is finding what you want to know without pulling out a credit card.

One of the choices you might consider is asking a few questions locally. Call a local accounting firm and ask if there is a local organization. Poke around the local community college and you will certainly find a faculty member willing to talk with you about resources. There are texts on how to structure a small business and entire college majors on the business of accounting. Let the web take you as far as you can go and then decide what questions you have that remain unanswered.

Contact the community college and find a lecturer or professor who will speak with you. At that level, faculty members often welcomed interested parties of any stripe. Give it a try: one expert in accounting might lead to another one in small business, who can then send you to a Chamber of Commerce member who has run a small business for a couple of decades. Just follow the trail.

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Tax preparation as a profession has gotten a lot more time-efficient with the advent of tax preparation software. Most accountants have moved beyond the consumer-level Turbotax or Taxcut products to more sophisticated accounting programs. It’s then a matter of plugging in the figures provided by the client, helping make decisions on itemization, and dividing taxable from non- taxable expenses.

Small accounting businesses can handle an extraordinary number of tax returns these days. That is one reason for starting an accounting business: everyone has to pay taxes once a year. A good accountant can build a customer base that is all he can handle for tax season and most will return each year. It’s a retail level business with a guaranteed clientele.

Accounting is a business that builds its clientele on personal relationships. Timely, friendly service will keep tax customers coming back. Building an accounting business that provides accounting services for existing businesses requires some marketing and footwork.

Probably the best investment for a small accountant is an ad in the Yellow Pages, as that is where much of your unsolicited business will come from. The rest will probably come from personal referrals. A new accounting business can invest in some direct mail to introduce the firm. You can purchase mailing lists of businesses by zip code and put out a letter or brochure introducing your firm and your services. Send your mail to the CEO, NOT the accounting department. Follow up your mailing with a telephone call to see if you can get in the door for an introductory meeting.

For a new business, professionally done presentation materials are a good investment. Prepare a sheet with a biography and photo of yourself, highlighting your credentials and experience. Prepare another sheet, or brochure, that illustrates the potential cost savings of outsourcing accounting services. Write a personal cover letter to the person you’re meeting or hope to meet. Put it all in a two or three color folder with the name of your firm on it and mail it – or hand carry it, if you’re going to a meeting. Never run out of business cards.

For a small, new accounting firm its phone work and footwork. If you do enough of it, you’ll get some response. So one of the things you want to do before you open your doors is decide how much business you want. Can you handle the books for two firms? Three? Remember that a tax practice blows a big hole in the schedule every year.

There comes a point for every small business when the owner will have to hire an employee in order to continue growth. Perhaps the toughest decision for any small business is when that cycle of growth reaches a point of diminishing returns – when the additional income doesn’t pay for additional staff or for the headaches that always accompany success.

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He needs to explain the performance of the business to stockholders and co-investors. He has to file tax returns that include forms describing in detail the activities of the business including cash flow, gross and net profits, deductible expenses and so forth. The only way to explain these things is with numbers, organized in a structure that all parties can understand. That structure, the sentences and paragraphs of the “language of business” is found in the rows and columns of accounting documents.

The basics of accounting follow the cycles of a business through the course of a “fiscal year.” The end of that year may or may not be defined by the date federal taxes are due. In any case, the accountant begins with a general ledger that records business transactions. Debits and credits are recorded in detail or within a system that connects them to a record on each item kept elsewhere. At some point the general ledger is reconciled and a financial report is prepared.

The income statement reflects income and expenses, which define the company’s performance. The balance sheet shows the company’s position at any point in time by itemizing assets, liabilities and equity.

A cash flow statement will take the income and expense figures over time and provide cash flow projections based on anticipated sales and disbursements. From this, some degree of management evaluation can be made and decisions made on company business strategy moving forward.

Accounting records business transactions and then manipulates the transaction records to develop tools of analysis. A business’s accounting also supports the annual tax filing that the business makes and the position taken on any number of business costs and expenses that are claimed as tax deductions.

In a public company there are many arenas for debate. In upper management with board members and among stockholders, business strategy is very much an open question. The records provided in a public company’s annual report and 10K filings provide the analytical tools to fuel discussion on business performance. Numbers take on strategic meaning and represent the wisdom and risk of various business decisions.

A premier example of substantial business risk is an acquisition. Before one company buys another, the process of due diligence provides for minute inspection of the performance turned in by the property for sale. That is to be found in those columns of numbers generated by the accounting department. The standards of accounting are found in agreement on its terminology and the structure of its documents. The language itself is composed of the numbers that fill those documents, and the message is the story they tell about a business’s economic performance.

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Online business schools provide a number of degrees that include accounting within the context of different professional orientations. Jones International University has a bachelor’s degree in business administration available with specialization in accounting. They recommend that the student check with his or her state of residence to determine the requirements for CPA status.

Jones International University also offers an MBA degree with specialization in accounting. At the master’s level, an incoming employee with expertise in accounting may be thrown into any number of roles. As a member of the management team, the MBA in accounting may be involved in budget analysis, financial and investment planning, and perhaps advising on legal decisions that involve fiscal matters.

University of Phoenix Online has a bachelor’s degree in business with an accounting specialty, along with an MBA program with a similar focus. Their bachelor’s program includes careful focus on technology for the accountant, including the use of networking functions for the accumulation of financial data. This accounting major also has courses in organizational behavior, economic, statistics, and finance – in short, all of the skill sets required to make strategic business decisions based on “the numbers.”

The University of Phoenix MBA in accounting includes coursework in advanced accounting information systems, advanced cost accounting, advanced business taxation, accounting theory, and auditing. A Phoenix MBA graduate in accounting will also be trained in making financial presentations, typically the role of a chief financial officer or VP in finance. The online MBA programs in accounting train their graduates for high level management roles.

Capella University also has both a bachelor’s in business and an MBA program with specialization in accounting. One of the courses in Capella’s bachelor’s program focuses on e-business. Web based retail is one of the hottest business segments in our economy, and the back-office functions for both payment and accounting are different than for a standard consumer-oriented business. Online degrees tend to be pragmatic in their approach with the primary goal of getting the student successfully into the job market. Capella University’s e-business class is an example of including contemporary market trends with the classics of accounting.

Capella’s MBA program in accounting includes the standard advanced accounting courses, but also courses in economics and finance, leadership skills and ‘accounting for decision making’. This last course is another example of preparing the student for management presentations and participation in strategic fiscal decisions. Many online colleges also have associate’s degrees in business available that specialize in accounting, providing the student with a lower entry level – and the opportunity to continue studies at a later time while still working.

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There are at least two major accounting issues facing almost any large corporation: integration and scalability. Many corporations have acquired businesses – former competitors, perhaps – whose accounting systems need to be incorporated into the corporate program. Often, those accounting systems are different software programs, or are running on different platforms – one on UNIX, one on Microsoft. Scalability means that an accounting software program must be able to grow with the business that is using it, including major growth spurts such as acquisitions.

ERP programs treat accounting as one component of a larger data gathering program. Accordingly, they are often designed to integrate with a number of different accounting programs, or at least be adapted to do so. As a final variable, accounting programs can be written in a number of computer languages, and integrating programs must take that challenge into account as well.

Major firms selling enterprise management software include Oracle, Microsoft Business Decisions, SAP and Great Plains. These software packages include all of the standard accounting functions along with customer relations management (CRM) tools, project management tools, sales programs and other specialized information formats.

Instead of accounting functions all working off of an Excel spreadsheet format, they are provided in modules and tied together to meet the needs of the business. Software of this size and complexity is rarely sold off-the-shelf. Programs are customized to interface with existing software and the languages that they use.

Expense entries, for example, become a simple process. The software categorizes the expense and places it in the appropriate record or records, applies any manipulation necessary (such as taxation category), enters that record and includes it in any periodic report that the system is designed to generate. Simple entries then become tax records, a payable invoice and part of multiple reports that are used to analyze business functions.

Most accounting functions are handled in similar fashion and can be entered from multiple sites. Payroll functions are automated based on the original entry for the employee; withholding functions and payroll records are automatically updated. Elsewhere, reports, charts and any regulatory information needed that include the cost of personnel are generated for the purpose of business analysis.

Such is the nature of modern day big-business accounting. Making it all fit together is an expensive process that involves costly software and pricey consulting technicians. There is an entire class of software called “middleware,” whose sole purpose in the digital universe is to provide the interface capability between existing database programs, accounting programs, retail point-of-purchase programs, and other components that need to be pieced together.

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Tuck School of Business, part of Dartmouth College, conferred the first MBA Degree in 1900. Since then the degree has come to represent a high degree of skill level for successful candidates who are sought after for high level company positions, and wooed by every type of company around the world. MBA programs expose students to a variety of subjects, including economics, organizational behavior, marketing, accounting, finance, strategy, operations management, international business, information technology management and government policy.

Many programs allow students to specialize in particular areas, such as organizational behavior, marketing, accounting, finance, operations management, technology management, insurance management, strategy or international business.

Business schools and leading media announce on a regular basis the recruitment of MBAs by leading management consulting firms. The constantly evolving global economy dictates that candidates for international positions have an MBA because of the experience garnered during the degree program.

There are international MBA programs around the world, and programs that can be accessed online by distance learning or e-learning. One of those is the Open University Business School of the UK, which enrolls worldwide students. The European MBA programs are typically one year shorter than those found in the United States.

In the United States, by one estimate, the average cost of earning an MBA through an accredited full-time program (excluding room and board) rose from $124,000 in 1993 to $162,000 in 2001. The bulk of the cost shown is in the form of foregone earnings ($109,000 in 1993 and $124,000) in 2001). This same report shows that when accounting for the decrease in expected unemployment as well as the increase in expected wages and wage growth, the financial benefits to holding an MBA degree are the equivalent of an 18% rate of return on the cost of the degree.

Further statistics demonstrate that a starting salary for an MBA degree holder with no corporate experience is $75,000. And the salary of a jobholder who ventures out to obtain an MBA degree will increase 50%-100% when the degree program is complete.

Those statistics alone show the importance of a Master of Business Administration Degree, and its place in securing your financial future. Perhaps it is time for you to consider taking the first step to finding the perfect MBA program for you. It could be you sitting in the Executive Boardroom.

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Market trends are forcing hospitals to look at the managed care payments and be more proactive in sophisticated ways. Most healthcare managers are well trained in a clinical situation, but often lack the education and/or experience in business and finance.

This training is necessary for career advancement and personal growth. Most health care settings do not provide a financial management training program, and managers may feel ill at ease with the job of trying to understand complex financial data. By not being trained, a management level employee could miss an opportunity to take action that could make a significant difference to the organization’s financial success.

To become educated in financial management there are workshops available which cover topics like financial and accounting concepts specifically related to the healthcare industry; managing units costs; the impact of managed care on reimbursement levels; selecting financial performance indicators; and acquiring the necessary tools to demonstrate financial management capability.

There are publications like “Healthcare Financial Management” which is written and edited for finance professionals in hospitals and other health service organizations. This publication covers topics specific to healthcare finance, such as the following:

strategic planning accounting practices leadership development management issues information systems network development legislative and regulatory issues capital finance cost management patient financial services emerging financial trends

The articles in this publication are directed toward individuals responsible for all facets of the financial management of healthcare organizations.

There are also several options to obtain further education applicable to the healthcare financial management field. You can continue on in your present employment and get a degree online through Jones International University, where you can obtain an MBA in Healthcare Financial management.

It can all be done in the comfort of your own home, on your own time. Capella University, University of Phoenix and Colorado Technical University offer online course in healthcare management, which will give you the theory, practical application and real world case studies to let you advance in the field.

As you can see, there are several avenues available to further yourself in this important part of the health care industry. It is important to be part of the group that improves the bottom line of a hospital or health care management company, a person who is seen as innovative and on the cutting edge. Don’t wait. Be that person tomorrow!

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Master Programs in Business Administration offer the student different specialties and seek to provide a knowledge and expertise that prepares the student to organize, direct, and control a modern-day firm or organization and to solve complex business problems. Specialties make the graduate more marketable and include Organizational Management, Information Technology Management, International Business, Finance/Accounting, Health Care, and Entrepreneurship. The Master level education offered by many colleges and universities offers students the ability to work directly with organizations on real-world business issues and projects, enabling students to gain first- hand knowledge of the dynamics of many management issues. Completion times for a Master degree vary depending on the student’s level of attendance, but typically allows students who work full- time to obtain their MBA in one to two years and slightly longer if the student is specializing. The average cost of an MBA again depends on a students specialization, but ranges anywhere from $15,000 to $30,000. It is important to research the many different MBA programs, as many do not accept students who have not worked in the field for at least four to five years.

The Internet has dramatically changed the way that Business Administration Master degree programs are administered to students. The online MBA degree programs offered by many colleges and universities have made it more convenient than ever to obtain an education in the industry. Several colleges offer online programs in which students can earn their Business Administration degree from the comfort of their own homes according to their own schedule, in addition to more convenient evening and weekend courses for those students who still prefer the traditional classroom setting. Many colleges and universities also offer students internships and Credit for Prior Learning programs in the Business Administration disciplines.

Topics covered in an MBA program vary depending on the student’s specialty. They range from Economics, Marketing, Business Strategy, Quality Management, Data Administration, International Management, Competitive Analysis, Global Marketing, Investments, and Labor Economics. Among the colleges and universities offering Master programs in Business Administration include Capella University, University of Phoenix, and Kennedy- Western University. Specialties vary from one college/university to the next. Jones International University offers students specialties in Accounting, Entrepreneurship, Finance, Health Care Management, Global Enterprise Management, Information Security Management, Information Technology Management, Negotiation and Conflict Management, and Project Management.

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Master’s Programs in Business Administration offer the student different specialties and seek to provide a knowledge and expertise that prepares the student to organize, direct, and control a modern-day firm or organization and to solve complex business problems. Specialties make the graduate more marketable and include Organizational Management, Information Technology Management, International Business, Finance/Accounting, Health Care, and Entrepreneurship. The Master’s level education offered by many colleges and universities offers students the ability to work directly with organizations on real-world business issues and projects, enabling students to gain first-hand knowledge of the dynamics of many management issues. Completion times for a Master’s degree vary depending on the student’s level of attendance, but typically allows students who work full-time to obtain their M.B.A in one to two years and slightly longer if the student is specializing. The average cost of an M.B.A again depends on a students specialization, but ranges anywhere from $15,000 to $30,000. It is important to research the many different M.B.A programs, as many do not accept students who have not worked in the field for at least four to five years.

The Internet has dramatically changed the way that Business Administration Master’s degree programs are administered to students. The online M.B.A. degree programs in Business Administration offered by many colleges and universities have made it more convenient than ever to obtain an education in the industry. Several colleges offer online programs in which students can earn their Business Administration degree from the comfort of their own homes according to their own schedule, in addition to more convenient evening and weekend courses for those students who still prefer the traditional classroom setting. Many colleges and universities also offer students internships and Credit for Prior Learning programs in the Business Administration disciplines.

Topics covered in an M.B.A. program vary depending on the student’s specialty. They range from Economics, Marketing, Business Strategy, Quality Management, Data Administration, International Management, Competitive Analysis, Global Marketing, Investments, and Labor Economics. Among the colleges and universities offering Master’s programs in Business Administration include Capella University, University of Phoenix, and Warren National University. Specialties vary from one college/university to the next. Jones International University offers students specialties in Accounting, Entrepreneurship, Finance, Health Care Management, Global Enterprise Management, Information Security Management, Information Technology Management, Negotiation and Conflict Management, and Project Management.

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Today there are several options when choosing a college of Business Administration. Never has it been more convenient to receive a continuing education than today, with most colleges of Business Administration focusing on flexibility for the student. This flexibility is offered through the ability of the student to now obtain a degree online and more convenient evening and weekend courses for those students who wish to attend classes. Colleges of Business Administration have made education more accessible in the past by offering distance learning courses, in which materials and lessons were sent through service. However, this convenience has now been surpassed by one of the most common sources for formal education today – the Internet. These online degrees are increasingly being accepted as just as valuable as degrees provided by traditional on-campus programs offered by colleges of Business Administration. Several Colleges of Business Administration offer financial assistance and credit for prior learning.

In the college of Business Administration students may seek a Bachelor’s degree in Business Administration as well as a Master’s and Doctorate degree. Colleges of Business Administration seek to prepare the individual to effectively organize companies, manage resources, oversee accounting and purchasing, analyze financials, develop critical and strategic thinking, and to manage risks and costs. Courses develop an understanding of management skills; the ability to work in a team based environment, and the comprehension and awareness of cultural issues in the business arena. Topics covered in degree programs offered by Colleges of Business Administration include Contract Procurement, IT Management, Financial Statement Analysis, Small Business Consulting, Legal Strategies, Personnel Management, Marketing Strategies, New Product Development, Business Forecasting, and Labor Economics. Several Master’s programs offer Mergers and Acquisitions, Advanced Corporate Finance, and Macrofinance.

Colorado Technical University offers a complete online degree program. Also offered at Colorado Technical University and other colleges of Business Administration are certification programs in Project Management, Information Technology, and Business Transformation. Specialty degrees are also offered by Colleges of Business Administration. Jones International University offers degrees in Business Administration with specialties in Accounting, Entrepreneurship, Finance, Global Enterprise Management, Health Care Management, Information Security Management, Information Technology management, Negotiation and Conflict management, and Project Management. Other Colleges of Business Administration offer specialties in Human Resource Management, e-Business, and Health Services.

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Education is key to success in a Business Administration career and greatly improves opportunities for advancement. Employers in most disciplines of Business Administration prefer, if not require, a college degree. Of the more popular disciplines, Finance and Sales, almost all employers require degrees. Of the remaining services, the greater the level of education obtained by the Business Administration employee, the greater the chances of success in any industry.

Obtaining the education for a successful career in Business Management has never been more convenient than it is today, with many colleges offering online degrees and more convenient evening and weekend classes for students. Colleges such as University of Phoenix, Ashford University, Warren National University provide online Bachelor’s and Master’s degree programs to students who wish to pursue a career in Business Administration. These colleges provide the necessary skills for a successful Business Administration career offer courses that cover such issues as human resource challenges, financial document analysis, investment and portfolio analysis, critical thinking, risk management, technological innovation, and conflict management.

A career in Business Administration offers many challenges and responsibilities unique to each individual industry and specialization. The Marketing industry of Business Management offers a career as a Manager, Entrepreneur, Consultant, or Executive. Duties of a Marketing career include direction of marketing strategy and activity, staff coordination and management, market forecasting, direction of marketing campaigns, sales analysis, and market research. The Information Technology career of Business Administration consists of duties such as consultation, system analysis, and e-business management and development. Duties specific to a Business Administration career in Human Resources consist of policy and procedure development and implementation, orientation and training, hiring and termination, assessment and evaluation, resolution of employee conflict, facilitation of employee communication, and administration of wages and benefits. Lastly, duties of careers in the financial arena of Business Administration consist of portfolio and investment analysis, financial statement analysis, risk assessment and reduction, and credit intermediation, to name a few.

The advantage of choosing a career and pursuing and education in Business Administration is that its disciplines are expected to consistently increase in demand, making it an increasingly popular career choice among students and employees.

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Many times, small business that are founded with the family checkbook and become rapidly successful can have a difficult transition into professional business keeping. For entrepreneurs who either want to keep the accounting in house or can’t afford to outsource it, a rapid education in business accounting is in order.

General ledgers? Depreciation? Inventory? Balance Sheets? Income Statements? TAXES? When these strange and ominous terms surface as a home venture becomes a going concern, the newly minted CEO needs to do some reading on the basics. Problems of success are nice problems to have, but problems nonetheless. One of the most comprehensive and time-efficient methods of becoming a good business accountant is pursuing an online course of study.

The primary focus of most online colleges is continuing education. That can mean starting a college education from scratch or it can mean continuing education for people brushing up on new developments in their profession. Either way, the schools primarily serve people who have entered the workforce and want to move up the ladder or who need to acquire a new skill in a big hurry – such as our entrepreneur with a booming business and no books.

Accounting can be a reliable and rewarding profession on its own. It can also lead to more advanced financial management opportunities with further education. Both can be achieved through online education.

Kaplan University offers an associate’s degree in business administration with specialization in accounting. They also have a bachelor’s degree available in accounting. Also included in their curricula are degrees in e-business, finance and just plain business. You can choose the level of your immediate needs, or you can opt for an educational improvement that will take you a few rungs up the ladder of your choice.

CDI College does not offer formal degrees in any subject, but they offer course work leading to certification in a number of areas. In each of their areas of concentration, they have certificate training in very specific categories. For accounting, a partial list of their choices includes:

Accounting and Computer Applications Accounting and Payroll Business Applications Specialist/Computerized Accounting Computerized Accounting Microcomputer Business Applications – Accounting

These are courses that can be taken in a matter of months. They can move an entry level employee from receptionist into the controller’s office, or can give a new and overwhelmed businessman the tools to get his enterprise under control. For a more comprehensive education in business accounting, University of Phoenix Online offers both a bachelor’s and an MBA in accounting. Every level of business accounting training and education can be found out on the internet.

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