The Accounting PhD is one of the six doctoral programs that are currently available. This degree is designed for the highly exceptional undergraduate accounting majors who wish to obtain an advanced level in a field that includes public accounting, bookkeeping and auditing. A PhD student in this program will be expected to work on all areas of accounting.
Graduate and doctoral candidates must complete an approved curriculum and must be accepted into one of the accredited schools. Students should plan on a minimum of two years of study.
As mentioned previously, this is an accelerated degree that means that your studies will be finished in about two years. However, the actual time frame depends on the program you select. Some programs allow you to complete the requirements in two to three years while others are more demanding. Also, some require completion within certain numbers of credit hours while others require that you complete the entire program with no credits or transfers. If you are accepted into an accelerated program, you will be expected to take the entire course work in a two-year period.
An accounting PhD will teach you many different subjects including finance, managerial accounting and economics. Students will also need to have a strong background in mathematics in order to succeed in this program. You will learn how to conduct your own audits as well as those conducted by other students. You will also need to be knowledgeable in the various statistical methods used by accountants. You will also learn the proper recording of financial data and the proper reporting procedures.
Upon successful completion of the PhD, you will be required to submit a dissertation report. This dissertation will be written in accordance with the rules and regulations of the MLA, APA, Chicago, etc. Your dissertation must be researched and written according to your specific learning style. This should be done in an organized manner and should use as many relevant examples as possible.
There are a number of schools that offer an Accounting PhD. To find one, you can search the Internet or contact your local university. Be sure to do enough research so you will be able to make an informed decision. When you do choose an accreditation, you will have a degree from a reputable institution that is recognized by the major universities.
While a PhD is not required for entry-level positions, it is always good to have and be employed in a company that has an accounting department. This will . . . . . . give you an edge over your peers and will prove to them that you have the knowledge and experience necessary to help run their business.
With the popularity of Accounting PhD, the job outlook for accountants is always going up. Many companies are looking to hire qualified individuals, and that is why hiring graduates in this field will be advantageous to many employers.