Genesee Community College's Board of Trustees approved a proposal to create a new Associate in Science (A.S.) degree program in Accounting last evening. The program, specifically designed for students who wish to pursue baccalaureate degrees in that field, will complement the existing Associate in Applied Science (A.A.S.) program that Genesee has offered for many years. The new program can be completed in traditional classrooms or in distance learning format.
The Board's proposal must now be considered by the State University of New York and the New York State Education Department. Once final approval is obtained on the state level, the program can be formally implemented at Genesee.
Students enrolled in the program will complete a variety of general education courses, including courses in English and communications, history, mathematics, and several electives. They will also complete three core accounting courses, and courses in business law, microeconomics, macro-economics, and microcomputer applications. Graduates will be ready to enter baccalaureate accounting programs offered by other State University of New York colleges, as well as public and private colleges across the United States. The program will serve 25 - 30 students each year, and most graduates are expected to remain in the region and seek work in industry or in public accounting firms.
Workforce experts have classified accounting as a fast-growing, high-demand profession. Increasingly complex accounting and audit requirements that arose in response to the emerging global economy and the corporate accounting scandals of the last decade have fueled an already-strong demand for accountants.
Accountants work in a variety of settings. Most business organizations require accounting services, either through in-house staff or private accounting firms. Public corporations, not-for-profit organizations, and governmental agencies also require the services of independent auditors. Many accountants work in close partnership with business planners, bankers, legal and estate professionals, and investment advisors to create and monitor financial plans for individuals and business owners.
"The accounting profession has been growing for decades," said Executive Vice President for Academic Affairs Claudia Moore. "By all predictions, the profession should continue to grow. In the past, many of our A.A.S. accounting graduates and Business Administration graduates have gone on to earn baccalaureate degrees in accounting, and some have become certified public accountants. The new A.S. program will meet the very specific needs of students who want to earn a bachelor's degree program in accounting immediately after leaving Genesee, and enter this very exciting field as rapidly as possible."