Accounting Course in India

Financial Accounting Course Details

Accounting is the language that provides information about the financial position of an organization. When you study accounting you learn this special language. With this language you can communicate and understand the financial operations of all types of organizations. This is because the information required by most organizations is very similar and can be broken down into three main categories - Operating Information, Financial Accounting Information and Managerial Accounting Information.
These days computer based accountancy is the most preferred branch of accountancy. It is the most famous and easy to use financial program designed to suit Indian industry. It eradicates the maintenance of account books, balance sheets, journals etc. The last decade has witnessed an increased usage of computers for managing accounts and finances resulting in an increased demand for IT trained commerce professionals. It is important not only to have a good understanding of accounting principles to make a better accounting personnel but one should also have the knowledge of accounting software. For the aspirants, Accounting Course is a gateway to this world in India.

Accounting Course Details:

Fee Structure: The fee for accountancy course is 10,000 per year.

Duration: The duration of accountancy course is 3 years.

Syllabus: The syllabus for the accountancy course includes:
Accountancy, Business Economics (including Business Mathematics), Business Organization, Mathematics, Business Mathematics, Economies, Statistics, Business Studies, Office Practice and Secretarial, Financial Accounting, Elements of Cost Accountancy and Auditing, Book Keeping, Commerce, Cost Accountancy & Principles of Management Numerology, Mantra etc.

Streams

1. Financial Accounting: Financial Accounting is a major branch of accounting which involves the collection, recording and extraction of financial information and the summary of it in the form of a periodic profit and loss account, a balance sheet and a cash flow statement in accordance with legal, professional, and capital market requirements.

2. Management Accounting: Management accounting is another branch of accounting performed within an organization to provide information only accessible to its decision-makers.

3. Open Book Accounting: Open-book accounting is an accounting principle that aims to improve accounting transparency of organizations.

4. Tax Accounting: Tax accounting is the accounting needed to comply with jurisdictional tax regulations.

5. Accounting Scholarship: It is the academic discipline which studies the theory of accountancy.

Eligibility for Accounting Course

Eligibility criterion for a candidate to appear for accounting course is 10+2 with 60% in mathematics. There are no restrictions with regard to the age of the candidate or marks secured in Senior Secondary Examination.

Career Options and Scope for Accounting Course:

Computer accounting graduates can find jobs in finance, banking, insurance, retail, service, manufacturing, web & e-commerce, BPO & KPO etc. They can become Chartered Accountant, MIS Executive, Cashier, Payroll Executive, Audit Assistant, Tax Advisor, VAT Consultant, Investment Advisor, Financial Analyst, Back Office Executive and Terminal Operator. They can work as Staff Accountant, Assistant Accountant or Full-Charge Bookkeeper, Payroll Accountant, Accounts Receivable Clerk or Accounts Payable Clerk, Tax Preparer, Financial Analyst etc.

Remuneration:

An accounts graduate can earn anywhere between 4000 to 6000. The payment increases with experience.

Some Major Companies:

• Jiya and Associates
• Ernest Young
• Chatrath Capital Services Pvt. Ltd.
• Singh Agarwal & Associates
• MK Tyagi and Co
• Agarwal Kamal Kumar & Associates
• S C Bhagat & Company
• Paul & Martin Consulting Group
• Innosolv Consultancy Services Pvt. Ltd
• Prudent Polyconsultants Pvt. Ltd

Institutes offering accounting course in India

1. Pace Computer Centre, Hyderabad
2. Netsoft Computers, Pune
3. MSCIT, Pune
4. Institute of Professional & Computerised Accountancy, Hyderabad
5. Academy of Computer Accountants, Rajasthan
6. Account Leader, New Delhi
7. A.J.K College of Arts and Science, Coimbatore
8. Bharathiar University Arts and Science College, Valparai
9. Centre For Corporate Research and Training (ICSI- CCRT), Mumbai
10. Eastern India Regional Council, Kolkata