Accounting Degrees and Opportunities
Accounting is offered as an option within the Bachelor of Science degree in Business Administration and as the Master of Science degree in Accountancy. Accounting is the process by which financial data are gathered, analyzed and communicated for use in business, government, and not-for-profit organizations. Accounting information is used to indicate the relative financial position of an organization at any given point in its business cycle and to indicate how well the organization has done in the past and how well it expects to do in the future. The demand for qualified accountants exceeds the current supply. Projections indicate that accountants will continue to be in great demand because of society’s concern with financial accountability in both business and government. Recent statistics from the Institute of Management Accountants indicate that 60 percent of accountants are employed by industry, 25 percent in public accounting, 12 percent in government, and 3 percent in education. At Cal State LA about 30 percent of the undergraduate students in the College of Business and Economics are pursuing the accounting option. The Accounting Department is one of the largest academic departments on campus.