Why minor in IS if you are an Accounting Major?
As more sophisticated technology is implemented across all organizations, demand for systems expertise will remain strong.
According to the AAMU and the Association of Management Information in Financial Services, there are numerous job opportunities for accountants who have strong computer skills. There is a tremendous need for accounting professionals who can design and implement advanced accounting information systems to fit a company’s specialized needs. In addition, today’s accounting professional is expected to understand and utilize information systems; accountants that can design, access, and pull data from order processing, ERP, Inventory Management, Purchasing, Receiving, Accounts Payable, Accounts Receivable and Payroll systems can help organization’s develop and sustain a clear competitive advantage. Accounting Majors with IT expertise contribute to accounting processes in organizations by:
- Understanding inputs and outputs of accounting information systems
- Assessing an organization’s accounting needs and identifying accounting information system software that best fits those needs
- Making accounting data meaningful to Senior Management and helping them make informed corporate strategy decisions
- Identifying IT-based approaches for streamlining the organization’s accounting processes
Accounting Majors who complete an IS minor (or Accounting/IS Dual Degree) are sought after by Big Four and other accounting firms with IT consulting divisions. They compete for jobs such as:
Accounting Information Systems Managers
ERP Financial Systems Consultants
Financial Reconciliation Managers
||Quality Assurance Analyst
SAP FI/CO Analyst
Last updated: 10/7/2013