Accounting Degree

The first step to building a successful career in accounting is earning the degree that will both teach you the necessary skills and provide you with the crucial credentials to embark upon a rewarding career. At LCU, the Bachelor of Business Administration in Accounting degree will give you the foundational tools you need to succeed and prepare you for the future.

So, why become an accountant?

It's simple. Accounting is an essential part of any business's day-to-day operations, and it has been proven time and time again that companies that employ good accounting practices succeed better than those who don't. As an accountant, you will be involved in decisions that are at the center of business operations of all kinds. Accountants work with businesses to develop strategies to improve economic efficiency.

What can I do with an Accounting degree?

Some accountants go into public accounting and become partners in accounting firms. Others, go into corporations as internal auditors, managerial accountants, tax planners, and information systems consultants. Accounting is a broad field, covering the recording, tracking, and analysis of financial transactions for both individuals and businesses. Accountants also maintain financial records for government or tax officials.

According to the Bureau of Labor Statistics (BLS), accountants earned a median annual salary of over $71,000 in 2019 — more than $30,000 above the national average. 

How stable is an Accounting career?

Fortunately, accounting is fairly steady. Jobs for accountants are expected to grow by 10 percent through 2026, according to the BLS. This slightly outpaces the national average for all occupations, suggesting an optimistic future for aspiring accountants.

This is in part because of globalization, a growing economy, and a complex tax and regulatory environment create consistent demand for accountants. As Benjamin Franklin famously said, “In this world nothing can be said to be certain, except death and taxes.” This is a positive truism for accountants. Barring some disaster scenario, people and businesses will have taxes to pay every year, financial decisions to make and businesses to keep running—which should bode well for the stability of the field.