An associate degree is shorter by two years compared to the standard bachelor’s degree. In the field of accounting, however, the years of study involved specifically the number of hours and credits earned makes a big difference when it comes to landing a job. With an associate degree only, you have limited duties while bachelor degree graduates can cover various tasks on a higher level and have a bigger chance of going up the corporate ladder.

It is possible, however, to pursue a bachelor’s degree in Accounting when you decide to do so. You just have to be sure that the credits you earned from the associate degree program can be transferred to a bachelor’s degree. It is important to note that in the event you want to pursue advanced studies in accounting later on, a bachelor’s degree is a basic requirement.

For the associate program at the Penn Foster College, common courses include principles of accounting, applied management and introduction to statistics. The first year may involve general education subjects such as communication, science, social science and arts and humanities.

Many community colleges today offer an associate degree in Accounting program online. As such, you don’t need to attend classes on campus because you have the freedom to accomplish your work at your own pace and time in the comfort of your home.

Accounting graduates holding an associate degree can be employed in entry-level positions. These include jobs such as bookkeeper, management trainee and accounting assistant. In the U.S., there are an estimated 100,000 firms offering accounting services that contribute some $120 million in revenues each year.