Financial Accounting and Taxation Course: It is a certification/diploma course, which focuses on hands-on task development of a student who aspires to get a good job in accounting or taxation sector. The course’s duration ranges anywhere from a month to a year depending on the institution you choose to pursue the course.
The Financial Accounting and Taxation course encompasses subjects like-
- Fundamentals and Principles of Accounting
- Calculation of GST
- Value Added Tax (VAT) System
- Indian Tax Regime
As mentioned before, the certification course is hands-on, i.e. more practical than theoretical. The course aims to give students a real-life experience in business accounting and taxation. Software’s like MS Office Suite, SAP, Tally, QuickBooks and MS Excel are used to a great extent.
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Financial Accounting and Taxation Course: Eligibility
- Students who have passed 10+2 with Commerce stream or,
- Students who have passed their bachelor’s degree in the stream of B.Com or BBI or BAF.
- Should have passed their bachelor’s degree with 50% or above marks in total.
OR
- Students who have done their masters in Commerce, Business or related fields.
Best Institutes for Financial Accounting & Taxation Courses
As Financial Accounting and Taxation course is a certification course, there are many institutes one can pursue the course from.
The finest among them are:
- Maharishi Dayanand Vocational Training Institute India (MDVTI), Gursahaiganj, Uttar Pradesh
- Nalbari Commerce College, Nalbari, Assam
- Council of Education and Development Programmes (CEDP), Mumbai, Maharashtra
- AKB Institute of Finance and Management (AKBIFM), Faridabad, Haryana
- Burnpur Global Infotech Computer Centre, Hirapur, West Bengal
- Ramakrishnan Mission Shilpamandira Computer Centre
- Teresian College, Mysore, Karnataka
- H.A. College of Commerce (HACC), Ahmedabad, Gujrat
Some online institutions to consider:
- APG Learning
- Edu Pristine
- FINPROV
Syllabus
The Financial Accounting and Taxation course can follow varied syllabus’, depending on the university, institution or online course you choose.
Although most of the institutes follow the same syllabus as mentioned below, the course is divided into 13 modules as follows:-
- Module 1 – Office Tools
- Module 2 – Advanced Excel
- Module 3 – Fundamentals of Accounting
- Module 4 – Finalization of Accounts
- Module 5 – Tally with GST
- Module 6 – Direct Tax
- Module 7 – Cost Management & Auditing
- Module 8 – Payroll Compliance with Tally
- Module 9 – MCA
- Module 10 – IFRS
- Module 11 – BFSI
- Module 12 – Quick Book
- Module 13 – Personality Development
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Financial Accounting & Taxation Job Profile
- Marketing Manager
- Corporation Taxation
- Revenue Agent
- Tax Policy Analysis
- Accountant
Work Areas
- Auditing Offices
- Taxation
- Real Estate Financing
- Budget Analysis
Salary Concerned
With the practical knowledge of financial accounting and taxation, getting a job is not difficult in today’s post-capitalistic world. A beginner in the work fields mentioned above can easily earn in the range of Rs.2 lakh to Rs.8 lakh per year. With experience and hard work, one can also see his salary increasing steadily.
Financial Accounting and Taxation Course: Frequently Asked Questions (FAQs)
- What is the duration of the certification course?
If you choose to pursue the Financial Accounting & Taxation course from a private institute or colleges, then the duration of the course is in the range of 6 months to a year. On the other hand, if you choose to pursue it from an online educational courses site, then it can even take you as less as 1 month to complete the course, depending upon your dedication and the time you give it.
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- Can a post-graduate also apply for this Financial Accounting and Taxation certification course?
Yes, even a post-graduate can apply for this certification course. The important requirement is that the person should have some education in commerce or finance to show.
- What is the benefit of doing a Financial Accounting and Taxation course?
From the degrees that you get from colleges be they of bachelor’s or master’s, the knowledge is mostly theoretical, and a student does not get to experience the actual practical knowledge required in the corporate world. Which the certification provides.
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