While a Capstone course can be taken on its own as a bachelor’s degree, most programs will also include courses for masters and even doctoral degrees. While the Capstone program requires little more than the bachelor’s degree and good grades, the master’s degree offers greater possibilities for professional advancement in the accounting field. Many students are able to complete their Capstone course and obtain a master’s degree without any prior business training or business experience. Students will often be required to take additional courses to complete their Master’s degree.
The Capstone Accounting Course is designed to provide students with the theoretical knowledge necessary to be successful in the accounting field. In order to learn how to prepare financial statements the students are taught the basics of accounting principles. They are taught how to apply those principles in order to analyze financial data and make accurate financial forecasts. Financial data is used to create financial statements that will be used by internal and external third party financial companies.
Students also learn the importance of preparing a business plan for the planning and preparation of a financial statement. The business plan is the document that describes what the organization plans to do, how it plans to get there, and what it intends to do once there. This information is used by other departments within the organization to determine what steps need to be taken to reach their financial goals.
Students are taught how to use the statistical process of multiple regression analysis to calculate results. Students learn what to do in order to prepare the financial documents that they will be submitting to their financial institutions. Many students will have the opportunity to submit their work to the Internal Revenue Service or the Internal Exchange Commission. Students who graduate from this course may decide to attend graduate school to further their studies or enter the field of accounting.
Once students complete their Capstone course they will be ready to learn how to prepare the financial statement that is used for their professional credentials. Students will learn to prepare the financial statements that are sent to their creditors and will be able to use the statistical techniques that were learned in the course to analyze and prepare financial statements for the clients.
Students are also expected to learn how to use the concept of diversification to help them with their Capstone accounting career. This allows students to develop the ability to understand that there may be many different things that contribute to the financial well being of an organization.
Students will have many options when it comes to their career after graduation. They can go to graduate school and earn an MS, MBA or PhD in Accounting from a reputable institution of higher learning or they can choose to take the Certified Public Accountant (CPA) exam that is offered by the American Institute of Certified Public Accountants.
If students choose to earn their Masters in Business Administration or Graduate School in Accounting, then they will have the chance to specialize in the area of taxation. In this area they will work as accountants or tax preparers. Most employers prefer that graduates who have worked in finance and accounting positions hold Masters degrees in the field of taxation.
Students can pursue a career in public accounting, bookkeeping or financial management. There are many options available to people who want to enter into this field of accountancy. Many individuals and firms will hire graduates that have a high school education and a Master’s Degree in Accounting.
Students should expect to take the time to complete their Capstone course and graduate from graduate school and obtain their certification and credentials before they start their career. There is plenty of job security for professionals that have completed their courses. There are many jobs available in the financial industry and the salary can be very good.