Bachelor of Taxation

Bachelor of Taxation

A Bachelor of Taxation is a degree program that prepares students for valuable, rewarding careers in accounting, taxation and auditing. Graduates can expect to earn the knowledge necessary to succeed as tax consultants and auditors for businesses, public institutions like the IRS, and other nation’s revenue services, and many other non-government associations. These programs are generally offered around the world, including Europe, Africa and the US.

What is a Bachelor of Taxation?

When students enter a Bachelor of Taxation program, they can expect to take many basic courses on taxation-related subjects, no matter which school they attend. These courses often include:

  • Financial Reporting Frameworks.
  • Accounting.
  • Accounting Information Systems.
  • Federal Income Tax.
  • Financial Statement Auditing.
  • Internal Audit.
  • Governmental and Non-Profit Accounting.

Some schools allow for a greater emphasis on one area of taxation, or they provide the opportunity for students to focus their studies on a related area that will make them a more specialised and desirable employee. For example, the Hochschule Niederrhein University of Applied Sciences offers a Bachelor of Taxation and Auditing that places a great emphasis on understanding the legal side of taxation. Alternatively, the Bauer College of Business at the University of Houston allows students to gain a deep understanding of both accounting and taxation issues. Each program has many similar underlying components, but each ultimately point to slightly different specialisations.

What Are the Benefits of Earning a Bachelor of Taxation?

When students enter Bachelor degree programs in Taxation, they are given the opportunity to learn many skills and gain valuable experience that places them at the head of the candidate pool. They simply have a greater understanding of taxation and accounting than is provided in associates or certification programs. The opportunity for better employment also often translates to better salaries. Despite these highly-desirable benefits, one of the greatest benefits of these programs is the opportunity to further your education by pursing a master’s degree or doctorate.

What Kind of Career Can You Expect With a Bachelor of Taxation?

Graduates of a Bachelor of Taxation degree are able to enter the workforce in many different career paths. They can become tax accountants, certified public accountants, forensic accountants, government accountants, auditors, and investment accountants. Some may choose to further their education and study law, or earn a master’s degree in a taxation-related area.

A tax accountant is a worker who specialises in preparing tax documents and providing advice to individuals and companies regarding their tax situations. This requires them to ensure that all financial statements are accurate and that they adhere to the legal guidelines set by governing institutions. Those who work for private corporations may also be responsible for keeping financial records, improving cost efficiency, and making financial recommendations to upper management.

An auditor is another common career path for tax graduates. These people are responsible for overseeing audits of companies, whether they are hired internally or by an outside firm responsible for the audit. They are asked to say whether or not a company’s financial statements are accurate, and express an opinion on how effective any internal controls over financial reporting may be.

Begin your search today for the best schools that offer this degree program.