Top 4 Accounting and Taxation Course Online
India is a booming economy with startups mushrooming in thousands every year, many of them are turning unicorns in unexpectedly short periods. Every business, be it a startup, a family business, an ed-tech or a fintech company, online and offline service providers, schools or colleges, hospitals, and even grocery stores have one thing in common, they need accounting and taxation experts on board. With many online educational institutes providing Accounting and Taxation Course Online, it is a definite hassle to search for the best available option. Here we are providing a list of institutes that host Accounting and Taxation Course Online with evaluation on various aspects for you to make the right decision. But before jumping into the list of institutions offering Accounting and Taxation Course Online, we first need to understand what accounting and taxation are.
If we put it in simple terms, if the business is a language, accounting is the alphabet for that language. No matter how big or small the business is, accounting is an integral part regardless of the size. Accounting in technical terms is the recording of financial transactions of a business. Accounting plays an important part in the decision-making process of the company and its heads or directors.
Accounting for businesses consists of two core concepts or functions, Managerial Accounting and Cost Accounting. While Managerial Accounting helps the business to take management-related decisions, Cost Accounting comes into play when the business is trying to decide the cost of a product that is affected by various factors including procurement of raw material, production facility setup cost, salaries, packaging, and marketing of the product, etc. that again are defined and calculated by Accounting practices.
While Accounting may be a modern term, taxation has its roots in ancient times where Rulers imposed taxes on the citizens and businesses of their kingdom. Basically, any form of involuntary levies is a tax. Taxation applies to all such levies imposed on a range of gains and expenses from income, business capital gains, land tax, water tax, Goods and Services Tax(GST), etc.
Tax is usually collected by a government authority. Taxation as a process occurs when the government decides to levy an extra fee on top of the price for any product or service. The final price includes the percentage of tax imposed by the government. Taxes collected by the product of service providers goes directly to the government.
The fee collected by the government in the form of tax is involuntary and does not render any service in exchange for that fee. Tax experts come in place when the amount of tax to be collected and paid to the government needs to be calculated.
Career After Accounting and Taxation Course Online
Accounting and taxation used to be frightening words for people planning to join this area of the job world, maybe the fear still persists. Many people still ask whether it will be a good idea to join one such course. If you aspire to work in corporate account departments, if record-keeping, summarising, analyzing, and reporting of financial transactions excites you, then you are a good fit to be an accounting and taxation professional.
With the pandemic becoming a blessing in disguise for many looking to learn additional skills online, it is now easy to look for a good institute that will shape your career as an Account and Taxation professional. The good thing with Accounting and Taxation Course Online is that most of these courses are designed to provide you with the knowledge, excluding the jargon, that will actually help you to make a career in the field.
Accounting and Taxation course online is the foundation to a lucrative career in the financial field. As mentioned earlier India is becoming a financial superpower of the world. With many companies going online and trying different modes of rendering services and providing a superior products to their customers, the need for Accounting and Taxation experts is increasing manifolds every day.
With multiple job roles such as working as an accounting and taxation officer for a small company or a startup, starting your own corporate accounting firm, working as a tax consultant to other companies and individuals, providing taxation and accounting services online, working as a public sector account assistant or even providing financial education to others as an accounting and taxation teacher. So as we discussed the possibilities are endless with Accounting and Taxation Course Online.
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Scope and Salary after Accounting and Taxation Course Online
Everyone in this world, maybe not some seers, is looking to gain skills to earn money and have a fulfilling life. The world of finance is fascinating, to say the least when it comes to building a good career with a handsome income that increases as you progress. Accounting and Taxation Course Online provide you with the right knowledge to do so. As we discussed earlier, the possibilities are endless. Here we present you some of the jobs with the salary range that you can pursue after completing an Accounting and Taxation Course Online.
A bank manager is the head of a particular branch of a bank. A bank manager leads the employees of that branch, looks after the day-to-day operations, and is responsible to drive sales and ensure that the customers get good customer service.
As stated earlier, Accounting is the alphabet of business. So an accountant is someone well versed with that alphabet. Corporates and Professionals(individuals) hire an accountant to keep a tab of their transactions. The duties of an accountant may vary depending upon different scenarios and clients but more or less they are expected to review, record, and process invoices, prepare tax returns and ensure timely payment of taxes, creating and/or review the budget of an organization, maintaining and processing payrolls, preparing profit and loss statements, etc.
In simple terms, an Audit Officer is someone responsible for finding any discrepancies in the accounting and taxation process of a company or an individual. An Audit Officer is responsible to monitor the accounting process of an individual or an organization, ensuring compliance with auditing guidelines, preparing an audit report, verifying protocols for borrowing and lending, reporting fraud, helping in an investigation, etc.
Also Read: Accounting Interview Question Answers
Personal Finance Advisor
A personal finance advisor is someone who provides people with financial advice in the form of services according to the person’s specific needs. Personal financial advisors have the knowledge and experience to provide solutions that are suited to their clients’ needs, avoid costly mistakes, and manage risk, as well as provide a range of services and products that are in line with their clients’ present and future objectives.
Income Tax Officer
Income tax officers are professionals hired by the central board of direct taxes (CBDT). An income tax officer is responsible for all income tax-related problems and monitoring the tax flow ensuring the correct filing of income taxes.
Salary: ₹44,900 to ₹1,42,400/month
With new laws on taxes every year with the Union and State budgets Corporates hire Tax Managers to compute, compile, record, review and file taxes. The job of a Tax Manager also includes preparing tax strategies and policies for the organization to maintain compliance with all applicable tax laws and regulations.
Tax Managers also work to identify key problems and provide solutions for those specific problems. Tax Managers have two options to work, either they can work in an organization or they can work for multiple clients at the same time by opening their own firm.
Salary : ₹70,000-1,25,000/month
The possibilities are endless with job positions opening from junior ranks and as you climb up gaining experience and more knowledge in the field, more and more possibilities are bound to open for you. Accounting and Taxation are two very distinct subjects and people who are experts in these two streams will find a position in companies no matter the market condition.
India is already in the growth stage and with government policies favoring more and more businesses, the need for more such positions and maybe new roles in the future is bound to happen. We have talked about future job possibilities after doing the Accounting and Taxation Course Online. Now let’s talk about the eligibility criteria to do the course.
Here is a Guide to Entry Level Accounting Jobs
To learn more and go higher up in the ladder than most peers around, you need to have some basic eligibility criteria to fulfill to join these online courses. However, different institutes can have different eligibility criteria. We are listing out some of those that are common among the programs.
Below is a list of parameters different institutions might have in mind before deciding your eligibility to take the course:
- A Bachelor’s Degree in commerce background namely B.Com(preferably M.Com) in Banking, Finance, accounting, or the law.
- Graduates from company secretaries and other streams.
- Freshers looking for a career in the field of Accounting and Taxation.
- Already working professionals looking for upskilling and getting that lucrative promotion and appraisal.
- Working professionals of the finance domain looking to shift their career in accounting and taxation.
- Professional service providers like CA/CS/CMA/Legal advisors.
- Heads of companies looking to understand the Accounting and Taxation part better.
- People looking to start their business providing Accounting and Taxation related services to other clients.
Besides these technical eligibilities, some institutes also advise having some prerequisites like having good communication skills to make and manage clients and making people understand what they want to say.
Organization and time management skills to do your work after doing the course with ease like filing tax returns timely, looking for new notifications and deadline/deadline extensions, planning and prioritizing tasks, being good with numbers, having the creative ability and problem-solving skills, having a sense of confidentiality to work with sensitive data and documents.
With the eligibility and extra prerequisites clear let’s move on to the name of institutes offering Accounting and Taxation Course Online.
Top 4 Accounting and Taxation Online Training Programs
#1 IIM Skills
Course Name: BAT Course
Course Fee: ₹49,900 + GST
Headquartered in New Delhi, IIM Skills is one of the leading online educational platforms with a presence in 23 Asian cities. IIM Skills aspires to provide quality, career-oriented programs at affordable pricing. Their online interactive, self-paced classes are a great place to upskill yourself and grow in the field of your interest.
IIM Skills provides certification courses in various streams like Content Writing, Digital Marketing, SEO, etc. with expert faculties having 12+ years of experience in the field providing their services to high-rated clients. IIM Skills has trained around 15000+ students across the globe in various streams hosting more than 2500 training sessions.
IIM Skills have the Pay Once, Enjoy for Lifetime option where one gets recordings of all previous and future classes at no extra cost. They provide Globally Recognised Master Certification programs across many streams.
Some of the Key Features of the GST Practitioner Certification Course are:
- 4 months live online course
- 120+ hours of lectures
- 60+ hours of practical assignments
- 100% interview guarantee
- Top-level CA Mentors
- Tool based practical learning
- Internship opportunities
- Dedicated placement cell
- Recognition from the MSME, Government of India
- Lifetime access to class recordings
- 24×7 Online Support
- Money-back guarantee
The Highlights of the GST Practitioner Certification course curriculum are:
- Basics of Accounting
- Accounting in Tally
- Advanced Accounting in Tally
- Basics of GST
- GST in Tally
- Online and Offline GST Filing
- Basics of TDS
- TDS in Tally
- TDS Filing
- Payroll Accounting
- Payroll in Tally
- Income Tax with Tally
- Income Tax E-Filing
- Advanced Excel
- MIS Reporting and Financials
If you are interested in this curriculum you can contact IIM Skills at:
Phone: + (91) 99 11 839503
Email: [email protected]
Other Courses Offered
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Course Title: PG Program in Business Accounting and Taxation
Started in 2008, EduPristine, with financial education now has multiple fields educating people in Finance, Accounting, Analytics, Marketing, and Healthcare. EduPristine offers both Offline and Online teaching methods. EduPristine claims to have thousands of students in 40 different countries. EduPristine has an offline presence in 15 locations across India.
EduPristine provides experiential and practical learning experiences with high-quality video content, exam-oriented content, guidance, mock tests, etc. The course duration is 4 months. You can pursue the Post Graduate Program in Business Accounting and Taxation after completing B.Com or other graduate programs with a relevant background like finance, banking, etc. EduPristine claims to cover core concepts that might have been left out of your graduation program and are career-oriented.
- The course is divided into 9 Modules
- The course will have 14 hands in projects
- 4 software included
- 100% job assistance
The highlights of the Post Graduate Program in Business Accounting and Taxation are:
- Basics of Accounting & Accounting in Tally
- Basics of GST & GST in Tally
- Basics of Income Tax & Income Tax in Tally
- Payroll and its components
- Excel for Accounting & MIS
- Finalization of Financial Statements
- BUSY Practicals
If you complete 6 modules above you can claim a complimentary Soft Skill Training where the instructor will teach you effective business communication and interpersonal communication.
If you are interested in this module you can contact EduPristine at:
Phone: 1800 200 5835
Email: [email protected]
#3 APG Learning
Course Name: Certificate Course in Business Accounting and Taxation
Course Fee: ₹35,000
Started in 2013, APG Learning works with a mission to upskill and educate students along with ensuring sustainable socio-economic development of its learners. APG Learning claims to partner with leading global course providers and partner with them to offer the highest standard career-oriented programs.
APG Learning provides interactive lectures with personal support to simulate a typical face-to-face learning environment. With regularly reviewed programs to meet industry standards and requirements, students can be sure they are getting the latest study material and teachings. APG Learning claims to cater to a large audience ranging from entrepreneurs, leaders, corporate professionals, businessmen, farmers, students, etc.
Some of the Key Features of the Certificate Course in Business Accounting and Taxation are:
- In-depth knowledge of accounting
- The broad idea of payrolling, GST & income tax
- Students can get jobs as GST and Accounts Manager, Finance Manager, Tax Analyst, Accounts Executive, etc.
The Highlights of the Certificate Course in Business Accounting and Taxation are:
- Industrial Accounting
- Direct Taxation
- Goods and Service Tax (GST)
- Payroll and its components
- Excel and MIS
- Business Computer Application
This course can be attended by students of B.Com/M.Com/MBA Finance, students pursuing CA/CS/ICWA/CFA, or similar courses. This course can also be pursued by students with non-commerce backgrounds provided they have at least one year of work experience.
If you are interested in this module you can contact APG Learning at:
Phone: 7350001603/ 7350001602
Email: [email protected]
Must Read: Skills Required for an Accountant
#4 Henry Harvin Education
Course Name: Accounting & Taxation Certification Course
Course Fee: ₹31,050 for the self-paced course and ₹34,500 for Live Online Course
Henry Harvin Education is a multi-vertical ed-Tech company that started in 2013. Henry Harvin presents itself as a career and competency development organization. It provides 200+ programs for upskilling its students. It has headquarters in Noida, India, and San Francisco, USA. Henry Harvin Education started as a training agency for college students that later expanded to Business to Business training programs.
Some of the Key Features of the Accounting & Taxation Certification Course are:
- 172 hours of LIVE interactive training
- 14+ Projects
- Unlimited access to LMS Portal and Bootcamp Sessions
- 1-Year Gold Membership of Accounts Academy
The Highlights of the Accounting & Taxation Certification Course are:
- GST Practitioner Course
- Income Tax Course
- Financial Statement Analysis
- Advanced Tally ERP 9
- Advanced Excel
- HR Payroll Management
- Complimentary Soft Skill Module
- Complimentary Resume Writing Module
If you are interested in this module you can contact Henry Harvin Education at:
Phone: +91 9891953953
Email: [email protected]
Frequently Asked Questions
Q. 1 What is an Accounting and Taxation Course Online?
Accounting and Taxation courses provide you with in-depth knowledge in the field of Accounting and taxation and most courses online enable you to form a career in the field of accounting and taxation. These courses are designed in such a way that most of them provide you with a good understanding and clear basic concepts and get you ready for the industry.
Q. 2 What is the cost of an Accounting and Taxation Course Online?
Online courses that teach you accounting and taxation start from ₹31,050 and go up to ₹49,900. The course fee ranges from institutes and the curriculum they offer. In our list, the most value for money course is the IIM Skills course which gives you the knowledge to be industry ready and also assists you with placement support. They also provide lifetime access to class recording and tools.
Q. 3 What kind of jobs can I get after an Accounting and Taxation Course Online?
After doing an accounting and taxation course various job profiles are waiting for you to join according to your interest and passion. Jobs ranging from personal finance advisor, accountant, bank manager, income tax officer, financial consultant, audit officer, payroll accountant, GST Officer, etc.
Q. 4 Can I do Accounting and Taxation courses while pursuing B.Com?
The answer is Yes. You can pursue these courses anytime in your educational journey, however it is advisable to do them after your graduation is complete, this way you will have some basic understanding of the core concepts that will be taught with elaboration in these courses. Having an understanding of financial terms and basic knowledge gives you a hand above others and fast forward your career journey without any confusion during the course.