Beginning in Fall 2022, the BS in Accounting will become the BS in Accounting and Data Analysis
Learn and Practice Biblical Stewardship with an Online Accounting Degree
We are called to be good stewards in all that we do — including how we do business. Businesses need to use their resources wisely and with discernment. By earning a bachelor’s in accounting, you can equip yourself to successfully steward the finances of an organization and become an integral member of any company.
Earning a Bachelor of Science in Accounting can help open the door to new positions in corporate, government, nonprofit, or even consulting settings. Many accounting professionals also specialize in a specific industry or a specific skill set. You could pursue a career as a public or private accountant, credit or budget analyst, or as an auditor or financial planner. A bachelor’s in accounting can help provide you with a variety of career avenues to explore as you seek to apply your passion for good stewardship to your profession.
By teaching you the critical, basic skills to succeed in almost any accounting field, our online bachelor’s in accounting degree can help you pursue a variety of career paths. At Liberty, you can learn to analyze an organization’s financial practices, assist with risk analysis, and develop plans for future needs of the company. An accounting degree online can also help prepare you for management roles as a consultant and financial expert.
For information about becoming licensed as a Certified Public Accountant (CPA), please research the CPA Licensure Requirements for your state.
Among only 3% of business schools worldwide to receive ACBSP accreditation
Job Outlook for Bachelor’s in Accounting Degree Online Graduates
Not only does the accounting industry offer a variety of career paths, but it is also a growing and financially rewarding career field. The Bureau of Labor Statistics predicts a 7% job growth for the accounting industry between 2020 and 2030,* and the median pay for accounting professionals is $73,560 a year.**
With a high earning potential, increased demand within the industry, and a multitude of diverse opportunities within the field, now is the time to pursue your passion for becoming an accountant. By earning your online accounting degree through Liberty University, you can graduate with valued skills for the current economy.
Why Choose Liberty’s Online Accounting Degree?
As a pioneer in distance education since 1985, we understand what it takes to design an online accounting degree that can challenge you to grasp new concepts while respecting your personal commitments. At Liberty, we realize your personal commitments don’t stop when you pursue a degree — which is why our online accounting degree can be completed 100% online with no set login times and no required intensives.
Our online accounting courses are also offered in a convenient, 8-week format — allowing you to complete your degree in a shorter timeframe than a degree comprised of semester-long courses may permit. You don’t want to wait your entire life to pursue your career goals, and we understand that. At Liberty, we are committed to helping you earn your degree at a pace that works for you — all while maintaining the highest educational quality.
Liberty University is passionate about your success, which is why we are excited to offer you a respected accounting degree online. Our Accreditation Council for Business Schools and Programs (ACBSP) accredited bachelor’s in accounting online is ranked as one of the Best Online Bachelor’s in Accounting by BestColleges.com.
With Liberty’s online bachelor’s in accounting, you get the flexibility of an online curriculum without sacrificing the student-faculty relationship. Our carefully designed curriculum is taught by business professionals who have real-world experience in the private and public sectors.
Throughout this degree program, you can learn critical accounting principles and best practices — from taxation laws to auditing and analysis. You can also develop the communication and computer application skills needed to work with complex accounting issues. Most importantly — and unlike other online accounting degrees — our biblical focus can help you learn to identify, analyze, and appropriately handle ethical dilemmas.
The benefits of our industry-leading curriculum, expert faculty, and 100% online format allow you to gain the skills needed to flourish in the accounting industry. With Liberty University’s B.S. in Accounting, you can be confident in your ability to succeed as an accounting professional.
By studying online, you can earn your accounting degree at your own pace and stay active in your job, your community, and your family without the worry of scheduling on-campus courses. The time has never been better to pursue an online degree, and at Liberty, it has never been simpler to get started. Partner with us, learn valuable skills, and launch your accounting career.
Certified Public Accountant (CPA) Certification
As you work through the courses within our online accounting degree, you can develop analytical and communication skills that can prepare you to sit for certifications like the Certified Public Accountant (CPA). As additional requirements may be needed to receive CPA certification, we encourage students to contact their state board with questions about these additional requirements. You can also speak with one of our admissions counselors for additional information by calling (800) 424-9595.
*Bureau of Labor Statistics, U.S. Department of Labor, at Accountants and auditors: Job outlook, 2021 (viewed online Nov. 19, 2021). Cited projections may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth.
**Bureau of Labor Statistics, U.S. Department of Labor, at Accountants and auditors: Pay, 2021 (viewed online Nov. 19, 2021). Cited pay may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth.
Military Benefits for the Bachelor of Science in Accounting Degree
Liberty University is dedicated to providing world-class educational experiences to military students across the globe. Whether you are a current service member, discharged or retired from service, or the spouse of a service member or veteran, we are here to support you every step of the journey.
As a thank-you for your dedication and service to our country, Liberty is honored to serve and support you in your pursuit of online education by offering the following benefits:
- Tuition discounts –$250 per credit hour for undergraduate courses
- Additional discount for veterans who serve in a civilian capacity as a First Responder (less than $565 per course)
- 8-week courses, 8 different start dates each year, and no set login times (may exclude certain courses such as practicums, internships, or field experiences)
- Potential college credit for military training
Admission Requirements for the Bachelor’s Degree in Accounting Degree Online
Applicants must have a 2.0 or above cumulative GPA for admission in good standing. Please visit our admission requirements page for more detailed admissions-related information.
All applicants must submit the following:
- Admission application
- Application fee*
- Official college transcripts
- Unofficial college transcripts may be accepted with a completed official transcript request form**
- High School Self-Certification form and official high school transcripts within first 12 credit hours
- Proof of English proficiency (for applicants whose native language is other than English)
*There is no upfront application fee; however, a deferred $50 application fee will be assessed during Financial Check-In. This fee is waived for qualifying service members, veterans, and military spouses – documentation verifying military status is required.
**An official transcript is needed within 60 days of acceptance or before non-attendance drops for the first set of matriculated classes, whichever comes first.
Highlights of Our Accounting Degree Online
- We are recognized by multiple institutions for our academic quality, affordability, and accessibility. Our commitment to excellence also helped us rank among Niche.com’s top 5 online schools in America. Earning your online Bachelor of Science in Accounting from a nonprofit university with this kind of recognition can help set you apart from others in your field.
- Your success is our success, which is why we are committed to providing quality academics at an affordable tuition rate. While other colleges are increasing their tuition, we have frozen tuition rates for our undergraduate, graduate, and doctoral programs for the past 7 years – and counting.
- To continue our mission of providing affordable education, electronic textbooks are provided for all undergraduate courses at no cost to you. As a full-time student, this could save you an estimated $800-2,000 per year on textbooks!
- This program is ACBSP accredited. Our School of Business is among only 3% of business schools worldwide to earn ACBSP accreditation.
- Liberty University is regionally accredited by SACSCOC, the Southern Association of Colleges and Schools Commission on Colleges.
- Our accounting degree online is offered in an 8-week course format with 8 different start dates each year and no set login times.
- You can complete this bachelor’s in accounting in as little as 3.5 years.
BS in Accounting Degree Information
- This program falls under the School of Business.
- Download and explore the Degree Completion Plan.
- View the Undergraduate Business Course Guides (login required).
- Liberty’s Bachelor of Science in Accounting can help prepare you to sit for the Certified Public Accountant (CPA) Exam. However, students should verify CPA exam qualifications with their state board because additional requirements are usually needed to receive CPA certification.
What Will You Learn in Our Bachelor of Science in Accounting Degree Online?
Completing Liberty University’s online accounting degree can help give you the background you need to meet the requirements and challenges of current-day financial management.
With our degree in accounting online, you can learn in-demand skills such as:
- How to apply vital accounting principles to all areas of accounting, including financial and managerial accounting, auditing, corporate finance, principles of marketing, and business policy.
- How to maintain account books, accounting systems, financial statements, and financial records so that they are accurate and efficient while complying with legal rules and regulations.
- How to prepare taxes and tax returns correctly according to legal rules and regulations.
- How to analyze operations and develop strategies to increase profits while minimizing costs.
- How to use current accounting information systems to successfully complete complex accounting tasks.
- How to apply biblical principles of stewardship in order to solve ethical concerns.
Potential Career Options with Our Online Accounting Degree
With an accounting degree, you can set yourself up for success in a variety of career fields — from corporate and government to education and nonprofit accounting settings. Below are a few career options that may be available to you once you have earned your accounting degree.
Earning an online accounting degree can help you pursue several in-demand, well-paying career paths. If you become a certified public accountant (CPA), your career opportunities become even more numerous.
The field of accounting is a broad one — encompassing a wide variety of sectors and disciplines. Our online accounting degree can help you pursue career opportunities such as the following:
- Accounts payable or receivable specialist
- Actuarial/insurance accountant
- Financial analyst
- Finance director
- Financial planner
- Staff accountant
- Tax accountant
- Tax attorney
Frequently Asked Questions Pertaining to Our Online Accounting Degree
Can you earn an accounting degree online?
Yes! At Liberty, we offer a 100% online Bachelor of Science in Accounting degree that you can complete from the comfort of home. Sometimes, people think that an online education limits you. While you won’t be attending courses on campus our bachelor’s in accounting online allows you access to the same respected curriculum as our residential degree.
You’ll also be able to network with classmates, study under expert professors, and benefit from ACSBP accreditation. Upon graduation from our online accounting degree, you’ll have a valuable credential that you can use to launch your career in accountancy or business. At Liberty, we don’t shortchange you when you pursue an accounting degree online – we empower you.
Can I become an accountant with an online accounting degree?
Though licensure requirements vary by state, a bachelor’s degree in accounting is typically required if you’re interested in sitting for the Certified Personal Accountant (CPA) exam and becoming an accountant. Many states require at least 150 credit hours for CPA licensure.
Generally, earning an accredited accounting bachelor degree online is the first step towards becoming an accountant. In a field that requires professionals to be knowledgeable, prepared, and familiar with the processes and documents surrounding accounting, proper education is key. As an accounting major at Liberty, you will study a variety of subjects and prepare to serve clients with excellence.
Because our bachelor’s in accounting degree online is 120 hours in length, you may need to complete another 30 credit hours worth of study to become a CPA. In this instance, choosing one of our online certificate programs is also an excellent choice. Our certificates allow you to work towards the credit requirement needed to become a CPA, gain valuable knowledge, and earn standalone credentials that prove your knowledge of several subject areas.
If you’re an accounting student and looking for other ways to satisfy the credit hour requirement to become a CPA in your state, adding a minor to our online bachelor’s degree in accounting online is an excellent way to make progress towards your goals.
What is the fastest way to get an accounting degree?
Depending on which level of degree you get, earning an accounting degree online can be done in a relatively short time frame. Our bachelor’s degree in accounting can be completed in as little as 3.5 years — 1 full semester shorter than the average length of a residential bachelor’s degree program.
The quickest way to complete our online accounting program may not be for everybody, and it will require a commitment to excellence in your academic endeavors. At Liberty, students can take up to 18 credit hours per semester. If your goal is to graduate as soon as possible, we recommend speaking with an academic advisor, indicating your desire to graduate quickly, and creating a semester-by-semester graduation plan in which you take as many credit hours as possible each semester.
Because prerequisites may come into play, we recommend you contact us at (800) 424-9595 so an advisor can walk you through the courses our online accounting bachelor’s degree requires, which courses require prerequisites, and which courses pair well with others. We are committed to your success and readily available to assist you as you take the first step towards an accounting career.
How long does it take to get a bachelor’s degree in accounting online?
Though degree completion time depends on how many transfer credits you have, your success in courses, and your academic schedule, you can complete your accounting degree online in as little as 3.5 years at Liberty. If you have transfer credits, you may be able to finish even sooner. At Liberty, you can transfer in up to 75% of your degree total.
Is CPA a good career?
What constitutes a good career is entirely subjective, but in our opinion, yes – being a Certified Public Accountant (CPA) is a great career, especially if you like working with numbers, speaking the language of business, and helping a variety of clients.
In addition to earning salaries that are generally higher than non-CPA accountants, CPAs are able to work in a variety of fields – for private companies, government agencies, accounting firms, and nonprofit agencies. Certified Public Accountants also have powers that non-CPAs do not, such as being able to represent clients to the Internal Revenue Service.
Becoming a CPA may also allow you to pursue international career opportunities. In a world that is becoming more and more globally connected, commerce between nations has soared — and with increased business comes a need for professional accountants who are skilled, knowledgeable, and credentialed.
Which designation is better: CFA, CPA, or CMA?
The best designation is the designation that best aligns with your career goals. There are several unique benefits that come with designation as a Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), or a Certified Management Accountant (CMA).
The CMA certification is designed to help you analyze a variety of financial situations and use your findings to make sound, informed business decisions that help companies move forward. CMAs are qualified to perform numerous roles – like cost management, budgeting, performance management, investment decision making, and financial reporting – in multiple sectors. The CMA is a globally recognized credential that is excellent for financiers.
The CFA certification is an excellent pathway for financial analysts to show that they are competent, knowledgeable, and ethical. Becoming a Chartered Financial Analyst is a rigorous process that requires the passage of several exams that cover a variety of economic and financial topics.
The CPA designation is very popular among accountants and ideal for professionals who hope to pursue and secure long-term careers in accountancy. CPA’s can be paid by individuals and businesses alike for their services – which typically entail accounting and tax work for clientele. Each state has different requirements for becoming a CPA.
How do I start a career in accounting?
The first step in pursuing a career in accounting is earning a respected, relevant degree in accounting: like Liberty’s Bachelor of Science in Accounting. A degree can help equip you with the knowledge and skills needed to succeed in an accounting career – and it can typically satisfy education requirements put in place by employers. According to the Bureau of Labor Statistics, a bachelor’s degree is typically required for successful entry-level candidates.*
After earning your degree, you may want to consider pursuing CPA certification. Depending on which state you reside in, you may be required to complete additional credit hours beyond what a bachelor’s degree in accounting requires. For more information, please contact your state board or see our state licensure page.
*Bureau of Labor Statistics, U.S. Department of Labor, at Accountants and auditors: Job outlook, 2021 (viewed online Nov. 29, 2021). Cited projections may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth.
What makes a good accountant?
There is more to a good accountant than simply being good with numbers and knowing business lingo. Accountants do need to be highly trained and knowledgeable about what they do — they must possess confidence, intelligence, and critical thinking skills if they hope to succeed professionally.
Accountants need to be confident problem solvers who are not intimidated by a challenge. As an accountant, clients will come to you with questions they don’t know how to answer and situations they’re not sure how to navigate. Tax and reporting regulations can be complicated and long-winded. As an accountant, it is your job to tackle such challenges and deliver for your client or company while maintaining the highest degree of ethics.
Is Liberty accredited?
Liberty University holds institutional accreditation through the Southern Association of Colleges and Schools Commission on Accrediting (SACSCOC). In addition, our School of Business is among only 3% of business schools worldwide to be accredited by the Accreditation Council for Business Schools and Programs (ACBSP).
Furthermore, our BS in Accounting also holds programmatic accreditation through ACBSP. When you choose Liberty, you choose a regionally accredited university, an accredited school of business, and an accredited online accounting degree. SACSCOC and ACBSP accreditation confirm that our online accounting degree is academically excellent, capable of helping you master new concepts, and able to help you pursue your career goals.
Do you need an MBA to be a CPA?
Not necessarily, no. Though CPA requirements vary by state, students commonly need to complete around 150 credit hours to sit for the CPA exam. Satisfying this credit hour requirement as an undergraduate student is a route taken by quite a few students. For more information on your state’s CPA requirements, see our state licensure page.
However, an MBA is an excellent option if you’re hoping to earn a graduate credential, boost your earning potential, and vie for new career opportunities. If you’re interested in building your accounting knowledge beyond the bachelor’s level, Liberty’s 100% online Master of Business Administration (MBA) in Accounting may be a great fit for you.
Will my accounting diploma say “online” on it?
No. Diplomas from Liberty do not say whether you graduated from our online or residential campus — they simply say “Liberty University.” One small distinction is that online diplomas are signed by the online provost while residential diplomas are signed by the residential provost.
Does Liberty’s online accounting degree require any internships?
Our online bachelors degree in accounting does not have any internship requirements. However, participating in an internship is an excellent way to put the skills you learn in class into action. An internship can also help you build connections, teach you new skills, serve as an excellent addition to a resume, and give you more confidence when you begin applying to full-time jobs.
Does accounting entail a lot of math?
The discipline of accounting does require some basic addition, subtraction, multiplication, and division, but it does not entail hard-core math — like calculus.
As part of your online accounting degree, there are a few math courses required. We understand that math may not be your favorite subject, which is why we have carefully set up course prerequisites to guide you through learning concepts one step at a time.
What if I’m interested in learning more about accounting, but I’m not ready to pursue a bachelor’s degree?
Liberty offers an Associate of Arts (AA) in Accounting degree online — which allows you to test the waters of accounting before you dive into a bachelor’s degree or begin working towards your CPA certification. Better yet, each of the courses you take as part of the AA in Accounting can transfer directly into the Bachelor of Science in Accounting. That way, you’ll have a head start on your bachelor’s in accounting if you decide to pursue it following your associate degree in accounting.
What GPA do you need to graduate with honors?
The GPA you’ll need to graduate with honors depends on how many credits you transfer in.
Bachelor’s students who earn 60 or more of a bachelor’s degree’s credit hours at Liberty must earn at least a cumulative 3.5 GPA to graduate Cum Laude, a 3.67 GPA to graduate Magna Cum Laude, and at least a 3.85 GPA to graduate Summa Cum Laude.
Bachelor’s students who satisfy less than 60 of their bachelor’s degree’s credit hours at Liberty must earn at least a 3.60 cumulative GPA to graduate Cum Laude, a 3.77 GPA to graduate magna cum laude, and a 3.95 overall GPA to graduate Summa Cum Laude.