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Bachelor of Accountancy

The Bachelor of Accountancy, also known as Bachelor of Accounting, is the principal academic degree in accountancy in several countries, and is often the only (undergraduate) degree[1] recognised for subsequent practice as a professional accountant; see First professional degree. It is abbreviated as B.Acy., B.Acc., or B. Accty.. It is also sometimes titled Bachelor of Accounting Science (B.Acc.Sci.) or "Baccalaureus Computationis" (B.Compt.).

The B.Acy. is extremely specialized: the curriculum [2] requires study sufficient for professional practice (often at the major-level) in financial accounting, management accounting, auditing, and taxation. The curriculum also includes intermediate coursework in business law and economics, and general coverage of management theory, and business mathematics and business statistics. The degree is thus not to be confused with a B.B.A. in Accounting or B.Com. in Accounting, which are general business degrees with accounting as an area of concentration; for discussion, see Business education § Undergraduate education. Some programs allow for specializations in topics such as Tax Accountancy, Auditing or Forensic Accountancy.

Due to the specialised nature of the B.Acy., it is a professional degree course that is offered infrequently. In the United States, it is likely to be a four-year undergraduate degree. In other parts of the world, such as Singapore, it will be a three-year undergraduate degree. In Malta, it is a two-year course that can be taken after qualifying in Bachelor of Commerce only for students who obtain exceptional grades in their previous course. Most public universities in South Africa offer the degree or a variant, often as a postgraduate Honours degree.

After completion of the Bachelor of Accountancy, students typically go on to work as accountants in industry, and/or pursue professional accountant status. When the degree is recognized for this purpose, [3] graduates will therefore pursue the CPA or C.A. (or other) designations, and thus take up "articles" at an accounting firm accredited for training, so as to meet the relevant work experience requirements, and will then also sit the associated Professional Examination.

Note that in the United States, a bachelor's degree in accountancy is generally not sufficient for practice as a professional accountant.[4][5] Also, employers in industry generally prefer to hire applicants with a master's in accountancy (or an M.B.A. with a concentration in accounting) and/or with professional certification.[6] Accountancy graduates intending to work as accountants will therefore commence with the Master of Accountancy; an accelerated program, or an advanced program allowing for specialized / additional elective work, is typically available to these students.[7]

References edit

  1. ^ How to Become an Accountant or Auditor. Bureau of Labor Statistics.
  2. ^ See, e.g.: Bachelor of Accounting, Program Structure, Western Sydney University; Bachelor of Accounting Sciences, Curriculum, University of South Africa.
  3. ^ See, e.g.: How to become a Chartered Accountant, Chartered Accountants Australia and New Zealand; How to become a Chartered Accountant, South African Institute of Chartered Accountants.
  4. ^ Becoming a CPA, nasba.org
  5. ^ The basic things you need before they’ll crown you CPA 2014-04-08 at the Wayback Machine, thiswaytocpa.com
  6. ^ "How to Become an Accountant or Auditor". Bureau of Labor Statistics. Retrieved 24 January 2013.
  7. ^ eg. Anderson-Riverside

See also edit

bachelor, accountancy, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, possibly, contains, original, research, please, improve, verifying, claims, made, . This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article possibly contains original research Please improve it by verifying the claims made and adding inline citations Statements consisting only of original research should be removed February 2020 Learn how and when to remove this message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Bachelor of Accountancy news newspapers books scholar JSTOR February 2013 Learn how and when to remove this message Learn how and when to remove this message The Bachelor of Accountancy also known as Bachelor of Accounting is the principal academic degree in accountancy in several countries and is often the only undergraduate degree 1 recognised for subsequent practice as a professional accountant see First professional degree It is abbreviated as B Acy B Acc or B Accty It is also sometimes titled Bachelor of Accounting Science B Acc Sci or Baccalaureus Computationis B Compt The B Acy is extremely specialized the curriculum 2 requires study sufficient for professional practice often at the major level in financial accounting management accounting auditing and taxation The curriculum also includes intermediate coursework in business law and economics and general coverage of management theory and business mathematics and business statistics The degree is thus not to be confused with a B B A in Accounting or B Com in Accounting which are general business degrees with accounting as an area of concentration for discussion see Business education Undergraduate education Some programs allow for specializations in topics such as Tax Accountancy Auditing or Forensic Accountancy Due to the specialised nature of the B Acy it is a professional degree course that is offered infrequently In the United States it is likely to be a four year undergraduate degree In other parts of the world such as Singapore it will be a three year undergraduate degree In Malta it is a two year course that can be taken after qualifying in Bachelor of Commerce only for students who obtain exceptional grades in their previous course Most public universities in South Africa offer the degree or a variant often as a postgraduate Honours degree After completion of the Bachelor of Accountancy students typically go on to work as accountants in industry and or pursue professional accountant status When the degree is recognized for this purpose 3 graduates will therefore pursue the CPA or C A or other designations and thus take up articles at an accounting firm accredited for training so as to meet the relevant work experience requirements and will then also sit the associated Professional Examination Note that in the United States a bachelor s degree in accountancy is generally not sufficient for practice as a professional accountant 4 5 Also employers in industry generally prefer to hire applicants with a master s in accountancy or an M B A with a concentration in accounting and or with professional certification 6 Accountancy graduates intending to work as accountants will therefore commence with the Master of Accountancy an accelerated program or an advanced program allowing for specialized additional elective work is typically available to these students 7 References edit How to Become an Accountant or Auditor Bureau of Labor Statistics See e g Bachelor of Accounting Program Structure Western Sydney University Bachelor of Accounting Sciences Curriculum University of South Africa See e g How to become a Chartered Accountant Chartered Accountants Australia and New Zealand How to become a Chartered Accountant South African Institute of Chartered Accountants Becoming a CPA nasba org The basic things you need before they ll crown you CPA Archived 2014 04 08 at the Wayback Machine thiswaytocpa com How to Become an Accountant or Auditor Bureau of Labor Statistics Retrieved 24 January 2013 eg Anderson RiversideSee also editMaster of Accountancy Accounting scholarship Accounting Education training and qualifications Bachelor of Finance Bachelor of Economics Business education Undergraduate education This article needs additional or more specific categories Please help out by adding categories to it so that it can be listed with similar articles May 2021 Retrieved from https en wikipedia org w index php title Bachelor of Accountancy amp oldid 1172779877, wikipedia, wiki, book, books, library,

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