Accounting Training Cost

Are you looking to learn accounting? The cost depends on the type and extent of instruction an individual requires. An accounting degree can cost between $3.000 and $10,000 annually. Free seminars and introductory level courses are also available that cost much less. Individuals may be interested in a college degree, a certificate program, or free video tutorials. Read on to find out how much you can expect to spend on learning accounting. 

What is Accounting?

Accounting involves recording financial transactions and storing and presenting the results in different reports or analyses. It provides proper insight into a company’s financial health. Different accounting types include financial, management, and tax accounting. Employing Accountants is necessary for every company. 

Experts Accountants are crucial to a company’s reliable decision-making, predictable cost planning, and accurate measurement of economic performance. In small businesses, accounting may be handled by a bookkeeper or an accountant, some of which work part-time for several companies. Larger companies may have entire finance departments. 

Learn more about accounting, why you should learn it, and possible careers through Noble’s comprehensive guide. 

What Can You Do with Accounting?

Accounting can be a challenging but enjoyable field of study. Individuals can use their skills to start a business or improve their lives outside work. Generally, accounting courses provide valuable knowledge on managing a budget and expenses effectively. 

By completing accounting courses, individuals learn a broad range of topics. Beginner-level accounting courses cover tax returns, financial statements, and computer applications like Microsoft Excel. Advanced courses may dive deeper into financial analysis and presentation, auditing, fraud examination, and international accounting. The more courses an individual completes, the more options the same individual has. Each course opens doors to different career paths. Possible roles for those who have taken some accounting classes include an auditing clerk or an accounting assistant. 

Students who complete full accounting degrees may take advantage of international opportunities. Individuals who wish to work abroad can easily find jobs overseas, as most accounting principles are not specific to one region. Good recommendations for career advancements and can be used as stepping-stones for other degrees. There are several opportunities to volunteer for large organizations, as they constantly need more Accountants. Individuals can even use their degrees to further their education towards other topics, such as law. 

In-Depth Review of the Training Cost

There are different factors in the cost of accounting training. Those looking for an official accounting degree will pay the most. An accounting degree at a four-year university may cost anywhere from $3,0000 to $10,000 annually for in-state tuition at a public school. 

Live online accounting classes are individually priced, ranging from hundreds to thousands of dollars. Live online classes benefit those who prefer to train from their homes or offices. This flexibility is vital for busy professionals or those with families, as individuals can learn from anywhere as long as they meet course deadlines. Most of Noble Desktop’s accounting classes have a live online option, such as Financial Analyst Training Program and Financial Modeling Bootcamp. 

Self-paced or asynchronous classes are cheaper but don’t come with the same benefits as live instruction. While this instruction makes it easier for individuals to access knowledge on their terms, they are often required to learn information too quickly and may not fully understand newly taught topics. On-demand training is an excellent option for those on a budget. Udemy offers free introductory courses which allow access to over an hour of video tutorials. Coursera offers self-paced courses that teach accounting basics for a monthly subscription fee of just $59. 

There are also costs associated with different types of instruction. A perk of in-person instruction is that the computer setup and software tool is often provided to students. On the other hand, those who learn in person must find some transportation. Whether this involves paying for public transportation or one’s gas, expenses are involved. With online learning, individuals may be required to purchase their devices for class. Individuals may also buy specific software or program for their course. 

Individuals have many factors to consider when determining which type of learning is the most cost-effective for them. Most classes require some fee, big or small. Although free online resources are a great way to help individuals start learning, most people need extensive training to dive into the material and retain it. 

Free Introductory Accounting Course Online 

Anyone looking for an overview of accounting can start learning for free online! Free, beginner-level courses are valuable for busy individuals to learn accounting basics. Noble Desktop offers a variety of free seminars on multiple topics. To get started with accounting, check out the accounting seminars on Youtube. Through these seminars, individuals gather a general idea of basic accounting concepts. 

Noble Desktop’s Youtube channel contains various free financial modeling videos, which combine accounting, finance, and business with learning how to determine a company’s future results. Individuals can view these free Youtube tutorials to learn about mergers and acquisitions, the LBO Model, Transaction Comps, Business Risk, and other topics. Focus on the most recent uploads to learn the most up-to-date information. Some free accounting videos include Financial Modeling: LBO Model-Step 1 and Financial Modeling: LBO Model-Step 2. 

Other providers around the country offer free online tutorial videos. Some of the more popular companies include Coursera and Udemy. Udemy offers shorter tutorials, like an Introduction to Management Accounting or an Overview of the Moving Average Crossover System in Accounting. They post some longer videos, like an Introduction to Financial Accounting. Coursera also offers an accessible Introduction to Financial Accounting course. 

Read about more free accounting videos and online tutorials.

Learn Accounting with Hands-on Training at Noble Desktop

Individuals can learn accounting through finance classes with hands-on training at Noble Desktop. Finance courses boast small class sizes, expert instructors, and free retakes. Noble’s Financial Analyst Training Program teaches excel and critical financial and corporate finance options. Individuals gain basic and intermediate skills in Excel while learning to build a comprehensive valuation model for a public company. Critical concepts taught include advanced Excel for financial modeling and accounting, corporate finance, and valuation. 

Noble also offers Intro to Financial Accounting, through which individuals master the fundamentals of financial accounting and begin taking the next steps in accounting or finance. Enrollees see real-life examples and go through real 10-K’s to better understand how accounting concepts apply to large companies such as Facebook, Amazon, and Apple.