Master's in Accounting

Going Back to School for Accounting: Advance in Your Career

March 23, 2018 

Accounting is an important aspect of running a business, big or small. It is often considered the language of business, providing a measure of how well a company is doing. Both for-profit companies and nonprofit organizations can benefit from accountants to help make their operations more cost-effective, manage their budgets, and provide financial reporting. If you’re thinking about going back to school for accounting, you’re setting yourself up for potential success in a variety of industries. An online master’s in accounting can provide you with the educational foundation to develop your career in many different directions. Why go back to […]

4 Reasons To Get Your Master’s In Accounting Online

February 28, 2018 

Accounting is a strong job sector, with a projected growth of 11% between 2014 and 2024.  Job opportunities are especially impressive for accountants with graduate-level training. Unfortunately, taking the next step with your education can be a struggle if you’re already gainfully employed. Keep reading to learn why an online degree can make getting your experience a little easier. 1. No matter where you live, you can learn from the industry’s finest At one time, relocation was essential for aspiring graduate students living far away from large universities. Some students assume they must relocate in order to study at the graduate level. […]

The Growth of Forensic Accounting

November 13, 2017 

Forensic accounting isn’t your average accounting job — it’s a dynamic career path that connects the rules of economics with the laws of government to protect the financial well-being of businesses. In this particular division of accounting, trained professionals provide an incredibly valuable service to organizations by investigating a variety of financial crimes, from tax evasion to business litigation. As the business sector continues to grow, the need for skilled forensic accountants becomes more and more apparent. Data from the U.S. Bureau of Labor Statistics suggests that employment for accountants and auditors is expected to grow by 10% between 2016 […]

6 Features of Digital Currency That Could Speed Adoption

November 13, 2017 

Digital currency is rapidly gaining popularity at the expense of paper currency. In order for it to truly become a rival, though, digital currency needs several features that could speed adoption. For example, fast transactions, improved security, support from Wall Street and more could get more consumers on the digital currency bandwagon. These trends, and more, are discussed within the Maryville University Online Master of Science in Accounting program.

How Successful People Unplug

August 28, 2017 

For accountants, stepping away from work to relax and recharge can seem like an impossible task. In any profession, high achievers may be tempted to keep working in the evenings, over the weekend, and even while on vacation, as smartphones, tablets, and work-issued laptops make it easier to work remotely than ever before. That’s why unplugging can seem like an unwise choice if you want to get ahead. But the truth is accounting executives and high-earning professionals in a variety of fields know that taking meaningful breaks from work is one of the keys to success. Discover why taking breaks […]

Top C-Suite Career Opportunities

August 14, 2017 

Known as the language of business, accounting is an integral part of any organization. A Master’s in Accounting is a strong choice in establishing a career path that can eventually lead to the C-Suite. Learn more about top C-Suite career opportunities here:

Major Rule Changes on the Way for Insurance Companies

August 3, 2017 

The International Accounting Standards Board (IASB) maintains the International Financial Reporting Standards (IFRS), which are considered the global accounting standards. Based in London, the IASB is an independent organization that updates its standards based on global needs. In May 2017, the IASB passed IFRS 17, which goes into effect January 1, 2021. For the first time, the standards require all international insurers to follow IASB rules. This change deviates from and replaces IFRS 4, according to PricewaterhouseCoopers (PwC). It deviates in terms of insurance contracts and could have a major impact on accounting professionals — especially those who work for […]

Using AP Automation for Fraud Prevention

August 2, 2017 

Fraud continues to cost American businesses millions of dollars every year. The Association of Certified Fraud Examiners, or ACFE, prepared a detailed report in 2012 as well as a corresponding infographic in 2016 to detail the devastating effects of fraud on global businesses. According to the ACFE infographic, the average organization loses 5 percent of its total revenue to fraud. Even worse, the ACFE analyzed 2,410 occupational fraud cases whose combined losses totaled more than $6.3 billion. The organization identified the three most common types of fraud: 1. Asset misappropriation2. Corruption3. Financial statement fraud Of these, financial statement fraud can […]

Accounting Knowledge and Business Leadership Go Together

July 5, 2017 

Financial Management is Critical for Leaders An article on bPlans listed poor financial management as one of the top reasons why small businesses fail. The article stated, “You must know, down to the last dime, where the money in your business is coming from and where it’s going in order for your business to succeed… Poor accounting practice puts a business on a path straight to failure.” It is not just small businesses that may benefit from a leader who has a strong knowledge of how to handle cash flow, taxes, expenses, and other aspects of financial management. Even large, […]

The Future of Accounting

May 17, 2017 

While the principles of finance and accounting remain the same over time, the accounting industry is undergoing a transformation as the internet and various types of technology push the field into the future. Here are five ways the industry may change over the next few years — and advice on how you can update your skill set to increase your chances of finding success in an accounting career. Big data is making accounting more transparent. Big data is changing the face of both finance and accounting. Software platforms collect and analyze industry trends, customer data, and third-party resources to paint […]