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American Military University Online

Associate of Arts in Accounting


The Accounting Program is an attractive program for those students who want to enter the business world as an entrepreneur or manager of a small business. An Associate of Arts in Accounting prepares students for entry level positions in Bookkeeping, Accounting, and Auditing. The curriculum provides a solid foundation in business strategy, financial statements, cost information, economics, management, and ethical issues. Students will be presented the various financial statements and learn how to record, present, and analyze financial data.

Students who successfully complete the Associate of Arts in Accounting will achieve the following objectives:

  • Describe the general role of accounting in business and how it is best used by managers, investors, businesses, and governmental regulatory agencies (Securities & Exchange Commission and the Justice Department).
  • Examine the continuing accounting problems of many major U.S. corporations and discuss what may/could have been done to prevent similar problems/fraud in the future.
  • Differentiate revenue from actual cash when evaluating the solvency of a business, a key factor in the current accounting “difficulties” of major corporations.
  • Construct the major financial statements (financials), demonstrating how they interrelate and reflect a variety of accounting transactions on those statements. The student will have a thorough knowledge of terms such as accounts receivable, accounts payable, fixed assets, intangible assets, expenses, liabilities, and stockholders’ equity.
  • Explain how accounting systems provide reports needed to assist in making managerial decisions and controlling the financial aspects of business operations.
  • Interpret and illustrate the basics of cash- and accrual-based accounting, depreciation, and depletion.

Requirements
Applicants must have a High School Diploma or GED to apply.


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About American Military University
AMU is a member of the regionally accredited American Public University System and is the number one provider of online education to the military. AMU offers the relevant programs and courses for today's job market via over 76 relevant degrees. Just a few of the ways we stay current on industry needs: the majority of our faculty are currently working in the fields they are teaching in; we partner with industry organizations and build programs and certificates tailored to their needs; and we rely on Industry Advisory Councils made up of corporate members who review our curriculum to ensure its relevance to the skills needed in their industries. Courses are 100 percent online and start monthly (versus semesters), with 8 and 16 week classes available in many programs.

Accreditation
The American Public University System is regionally accredited by the Higher Learning Commission, North Central Association; and nationally, by the Accrediting Commission of the Distance Education and Training Council.

 
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