Finance or Accounting online degree- what is more useful?

Question

I love to study:) I have a small business and $ 600k+ invested. I would like to get more involved with financial decisions and tax preperation. I will probably never work in a company as an accountant or adviser.
Which degree should I chose from Penn Foster or Ashworth- Finance or Accounting? What are the major differences? Or should I simply go for a cheaper bookeeping certificate? Just so confused.
Thanks for your help.

Answer 1

Finance is probably more useful for you.

Accounting tends to focus on how to classify information. Finance focuses on how to make inteligent decisions in allocating, borrowing, investing, and utilizing cash and other assets. As a decision maker in a business, finance will help you make better decisions. Of course there is usually a minimal amount of accounting study involved in a finance degree, and these fundamentals should prove somewhat helpful in discussing matters with your book keepers. I would also reccomend that you take a tax-accounting class, something very useful that is usually not taken by finance majors. As for a bookeeping certificate, I wouldn't waste your time.