Quote: (02-07-2016 12:54 PM)NilNisiOptimum Wrote:
Cobra,
For month end, my biggest tasks are accruals of invoices that we've received by that have not been approved yet (still need to accurately reflect expenses in the months they occurred), reconciling payroll related ledger accounts and bills (medical, dental, etc), and allocation of production costs as cost of goods sold. I also act as sort of a sweeper for the GL, looking for items that have been misclassified, or accruals that have been missed. I have a better handle on financial statements than our current senior accountant, and my boss, the controller, has told me that on several occasions.
In regards to getting an MBA, my biggest hesitation is the cost. Not just the cash, but the time, as I have several little ones at home. How good would online MBA programs look?
What the other poster said. Caveat that MBAs do work with kids if you can finance them, but they're generally not good for getting promoted or even for accounting in general.
If you, say, wanted to move into a related field like banking, a more corporate finance oriented role, or transaction advisory an MBA would be a great way to do that. Since you want a senior accountant job it would be a terrible idea. You would also be wasting your time with an online degree. Much morseo than other degrees, online MBAs are a waste of time with the possible exception of the top 3 rated ones. For example, I once ran into a guy who an online degree from Indiana, the #1 ranked distance program, who worked as a trader at a top bank.
Evening, in person masters programs are more beneficial since they're generally designed for people who need additional credentials to advance.