Top 6 Business Accounting and Taxation Course in Tamil Nadu
Are you a commerce graduate? Or a working professional in the accounting and taxation industry who is seeking an extra leap in your career? I’m sure most of you would be seeking to pursue a course which would assure you a good remuneration and a promising career. If this is your current state then we have the perfect career plan for all of you in the Business Accounting and Taxation (BAT) industry. In order to understand what the Business Accounting and Taxation course is, it is very important to understand the concepts of Business Accounting and Taxation.
Before going through the course details of the BAT course in Tamil Nadu, let me invite you to take a look at what Business Accounting refers to? Accounting refers to the process of recording financial transactions involved in a business. A business accountant is a person who works with a business’s financial data.
While these definitions form the fundamental premise of what Accounting and a Business Accountant are, the fact remains that every business is obliged to keep a track of its business operations.
This triggers the need for organizations to recruit business accountants who would be vital to aid the business owner in analyzing the company’s finances thereby enabling the owner to take better and smarter decisions for his and his company’s growth.
Therefore, having a business strategy devoid of a robust accounting and taxation program and experienced accountants to drive it will impact the overall health and growth of the company.
Why Business Accounting?
Business Accounting, as a function is vital for every organization, and the role of a Business Accountant is important for effectively managing the finances of an organization. Whether it is a large-scale or small-scale company, the business owner will get a proper account of his company’s revenue and expenditure estimates.
Similarly, Taxation is yet another important category for any business since companies must ensure that they comply with the government’s tax laws and regulations. Both accounting and taxation are quite important when it comes to tracking finances for any business essentially and effectively. This is exactly the reason why accounting is called the language of Business.
In simple terms accounting helps a company:
- Regardless of whether the company is making a profit or loss.
- Assists the owner or the stakeholders to evaluate his/their company’s performance
- Assists the company in maintaining a position in the market.
- Assists the owner to frame the futuristic goals of his company
- Helps to rectify the problematic areas of business and assists the owner/stakeholders to adopt and follow the right track.
A tax accountant plays a vital role in fixing the tax-related issues of the company. A tax accountant will be well aware of the regulations and the policies any company or a business should follow in every state. A tax accountant is capable of providing timely advice pertaining to taxation which would enable the company to avoid tax-related risks/ issues in the long run.
Tax laws typically change over a period of time, so tax accounting is very vital for a company to ensure that it is keeping its state and legal transactions accurate and up to date thereby ensuring compliance with associated laws. A Tax accountant will work to make a sound financial plan so that the company can deliver maximum tax efficiency.
If a company adheres to the tax rule of a country or of a particular state, the business would be highly respected since paying taxes is a method of contributing back to the country’s development. In order for any business to be successful, it should follow an efficient tax policy and strategy so that the company will not have any tax liability and in turn increases its profitability.
A tax accountant should have a thorough knowledge of financial and tax matters. Similarly, they are also required to know about all ensuing regulations and acts that govern the process of taxation. A tax accountant should be a person who has strong analytical and exception skills.
Here are the Most Important Accounting Interview Questions
Job Opportunities Awaiting Professionals Completing the Business Accounting and Taxation Course
Business Accounting and Taxation course in Tamil Nadu has been found to provide a strong future for aspiring candidates who wish to pursue a career in this stream and get high-profile jobs in both private and public sector organizations. Accounting and taxation professionals are required in every industry, business, or organization whether small or large scale.
Listed below are the roles available for professionals seeking to build their careers after completing Business Accounting and Taxation course in Tamil Nadu –
1. Finance Accounts Executives:
Upon completion of the Business Accounting and Taxation course in Tamil Nadu, companies may hire you as a financial accounts executive who will be responsible for the company’s finances which includes forecasting and creating budgets and building a regimen to manage the taxation program for the company.
A finance accounts executive will be responsible for preparing quarterly and annual reports, conducting internal audits, and monitoring and reporting on accounting malfunctions and issues. Business Accounting and Taxation provides a candidate with an opportunity to work in a variety of areas including taxation, financial auditing, management accounting, personal finance consultant, and so on.
After completing the Business Accounting and Taxation course in Tamil Nadu, the candidates are equipped to face real-time issues and challenges in the field of accounting and taxes. Several institutes have focused on offering a skill-based BAT course in Tamil Nadu in accounting and taxation.
2. Auditing Assistant:
Freshers in the field of Business Accounting and Taxation can perform the role of auditing assistant. It involves simple auditing tasks. Auditing assistants will also assist in analyzing and monitoring the financial reports of a company.
3. Tax Assistant:
As the name suggests a tax assistant deals with the accounting department of a company. Their main work areas include creating tax reports, computing tax expenses, tax filing for the organization, etc. A tax assistant with good mathematical skills will excel and scale up in their area. Their core area of attention should be whether the company is filing the taxes correctly and in due time.
4. Accounting Assistant:
The major function of an Accounting Assistant in a company is to run the accounting department smoothly. Their function involves evaluation of budgets, tracking account expenses, preparing balance sheets, and also evaluating important documents such as invoices, financial statements, validating balance sheets, etc.
While there are several institutes that offer specialized courses in Business Accounting and Taxation course in Tamil Nadu, listed below are the top 8 institutes that offer the best BAT courses in Tamil Nadu to aspiring students who are seeking to build their careers in Business Accounting and Taxation domain.
Top 6 Business Accounting and Taxation courses in Tamil Nadu
1. IIM Skills
The practically-oriented Master BAT course in Tamil Nadu by IIM Skills is the best business accounting and taxation course in Tamil Nadu. The exhaustive course encompasses A to Z concepts of business accounting and taxation, all sewn together to make a comprehensible program.
Well-researched and tight-provoking curriculum under the expert mentorship of top-level CAs makes you want to invest in this program. Thus, polishing your bright future in this domain. Designed to accommodate the latest advancements and industry-aligned practices, the course helps you normalize with the real-time industry.
Another prominent feature of this course is the indispensable functionality of accounting tools and software like Tally ERP, Tally Prime, Quickbooks, Advanced Excel, etc that up your game in the eyes of prospective employers and clients. Employers today are exclusively looking up to individuals equipped with tools and knowledge, which you learn through this course. Thus, increasing your chances of employability.
Once you complete the course, you get internship opportunities, help for acquiring freelancing gigs, or interview preparation for jobs. The dedicated placement cell further provides placement assistance.
Download Business Accounting and Taxation Course CurriculumFIND WHY 20,000+ PEOPLE LOVE IIM SKILLS
Let’s have a look at the modules of their course.
Module 1: The first module introduces you to accounting, beginning with the basics and going up to advanced standards of accounting. Apart from that, you learn about Tally ERP and Tally Prime and its functionality.
Module 2: The second module gives you a glimpse of taxation, most specifically goods and services tax, and its compliance. It teaches about GST registration, filing GST returns, and other related forms and functions.
Module 3: Here you get educated about TDS, payments, challans, computation, TDS returns, TDS reports, and more. Besides, you learn about TDS and TCS e-filing, interest, and penalty.
Module 4: This module is all about Payroll, its elements, and compliances. You learn about Paysheet, Payroll statements, Payroll register, etc. Moreover, you grasp the configuration in Payroll and process Payroll in Tally.
Module 5: Here you are introduced to income tax, tax configuration in Tally, Income tax reports, income tax returns, etc. Also, you get your hands at computing and filing forms under income tax like ITR01, ITR02, ITR03, and so on.
Module 6: The last module is about Excel, sheets, data tables, Pivotables, conditional formatting, conditional logic, Lookups, and more functions of Excel. Other than that, you learn to do MIS reporting using Advanced Excel.
Recommended Read: Business Accounting and Taxation Courses in Trivandrum
The post-graduate program Business Accounting and Taxation course in Tamil Nadu offered by EduPristine mainly focus on practical and experiential learning. The main aim of the EduPristine Business Accounting and Taxation course is to enable students to become industry-ready accounting and financial professionals.
Duration of the Postgraduate Program (PGP) – (BAT) course will take a minimum of 5 months for a candidate to complete the program. Their online BAT course in Tamil Nadu comprises 9 modules and 14 projects. They offer 100% of job assistance post completion of their course.
Let’s take a quick look at the modules of their course.
- Module 1 – This module covers the basics of Accounting and Accounting in Tally.
- Module 2 – This module covers the basics of Goods Service Tax (GST) and GST in Tally.
- Module 3 – This module covers the basics of Income Tax and Income Tax in Tally.
- Module 4 – This module deals with the payroll and its components.
- Module 5 – This module focuses on Excel and MIS reporting and MS Excel for Accountants.
- Module 6 – This module covers the area of finalization of financial statements.
- Module 7 – This module mainly focuses on providing students with practical exposure and handling of associated software that deals with the extraction of GST report.
- Module 8 – This module covers the purchase and sales process and practical simulations.
- Module 9 – This module covers key areas of soft skills such as effective business communications and interpersonal communication.
3. Coursera BAT Course
The Coursera Business Accounting and Taxation course in Tamil Nadu offers a platform for the students to learn how to work with accounting and be able to make accurate financial statements. Coursera also enables the learners to practice, interpret and analyze financial statements to make key business decisions. If the learners opt for a professional BAT course in Tamil Nadu at Coursera, the learners can learn at their own pace, whenever and wherever it’s convenient for them.
Coursera offers 4 professional courses:
Book Keeping Basics –
This course will enable the learners to develop skills in bookkeeping. The learner will go through various accounting concepts that act as the foundation for the next three advanced courses. The learner will also be able to read and produce key financial statements. Towards the end of the course, the learner will be able to get a clear idea about the basics of accounting and the concepts of accounting measurement.
Assets in Accounting – In this advanced course, the learner will get access to the secondary stage of bookkeeping and will get a more advanced idea of accounting for assets. The learner will get to know the idea of the common asset types and calculate the cost of goods sold and work with property.
After mastering the course, the learner will be equipped with the knowledge of the common type of assets in a business. They will also learn how transactions can be recorded in terms of the resulting change in the elements of the accounting equation.
Liabilities and Equity in Accounting – This is the 3rd stage of accounting skills. The learner will cover the various types of liability including current and long-term payroll, and sales tax. The learners will also go through the different types of equity, the basic payroll accounting functions, and tasks.
Financial Statement Analysis – In this course the learners will get a chance to apply the acquired skills toward financial statement analysis. Here is a chance to put the skills into action. Here the learners will deal with different types of accounts, check for accuracy and troubleshoot errors. You will acquire the skills to apply differential analytical methods to key financial statements.
Recommended Read: Business Accounting and Taxation Course in Chennai
4. APG Learning
APG Learning Business Accounting and Taxation course in Tamil Nadu offers practical learning to make the students industry-ready accounting professionals. The program covers 8 modules and the faculty includes qualified tutors holding rich industry experience.
Listed below are the different modules that are part of their BAT course in Tamil Nadu:
- Module 1 – This module covers areas such as Basic concepts of accounting, and old and new accounting processes. It provides an overview of the finalization of accounts and various statements. The learners will be familiarized with the basic concepts of accounting through examples and formats.
- Module 2 – Tally – This module introduces students to Tally software. It helps students understand the creation of ledger, transaction posting, balance sheet, etc. The learners will also be provided with examples and necessary tools for practice.
- Module 3 – The students will be taught information regarding the Income Tax Act of 1961, ITR Introduction, and Types. Additionally, this module also provides students with an introduction to ITR types, Tax deducted at source, and returns. The students will also get in-depth information about GST, its meaning, and the different types of GST. The students will be given demo examples about the types of GST returns too.
- Module 4 – This module covers basic concepts of payroll. This module would also provide practical exposure to the learners to format payroll in Excel.
- Module 5 – This module introduces learners to use Excel and shortcuts effectively. This module also provides the learners with an understanding of MIS concepts and MIS reporting using Excel.
- Module 6 – This module enables learners to familiarize themselves with the process of valuation and discounted cash flow models. The learners will be able to calculate cash flows. They will also learn to do the process of valuation on a market-based approach.
Recommended Read: Business Accounting and Taxation Courses in Trichy
5. Synergy School of Business Skills
The Business Accounting and Taxation course in Tamil Nadu offered by Synergy school of Business skills is completely designed and formulated by industry experts. Direct and indirect taxation are extensively covered with strong accounting, Excel, and reporting skills. Synergy School of Business Skills is very much reputed for practical and experiential training.
The course covers the following modules –
- Module 1 – Practical Accounting
This module covers a vast area like an introduction to accounting, Indian GAAP Accounting standards, and golden rules of accounting. The students will get practical training in company creation in Tally.
- Module 2 –
This area covers custom and conditional formats, data validation, advanced table options, working with charts, working with pivot tables, etc.
- Module 3 – Payroll
Payroll, stages of payroll processing, calculation of payroll, etc will come under this category. The learners will be dealing with different components of salary and deduction. They will be able to format Pay Roll in Excel and will be capable of creating payroll reports toward the end of this module.
- Module 4 – Goods and Service Tax
This is a vast area covering different aspects of GST. From the introduction to GST to creating GST reports the learners will be taught adequate concepts regarding GST. Types of supply under GST like Interpurchase and Sales will also be covered.
- Module 5 – Income Tax
This module covers each and every aspect of Income Tax, Income from House Property, Business Income from Capital Gain and income from other sources, etc. The learners will do practice exercises to learn more about Exemptions and Deductions, Calculation of Taxable income, etc.
Recommended Read: Business Accounting and Taxation Courses in Coimbatore
6. CITY Commerce Academy
Online learning program
The City Commerce Academy claims that it has developed a unique technique so that the candidates will be able to do practical accounts and taxation work properly within a short duration of time. Their Business Accounting and Taxation course in Tamil Nadu will provide world-class study materials to students and additionally they provide practice projects based on actual business transactions.
The main courses under this Academy are listed below –
1) Business Accounting – The basic concept of the Business Accounting course is identifying the role of work structure in business accounting. The learners will get practical training in the preparation of journal entries with practical project work.
2) Accounts expert – Under this course, the practice sessions will be based on actual business transactions. The students will be able to learn Manual and computerized accounts. From basic to finalization of balance sheet in a few days. The main contents of this course are manual accounts (Manual bookkeeping concept, Training in writing of the primary and final book of entry with practice on actual industrial data.
FAQs related to BAT Course in Tamil Nadu
1. Which is the best Business Accounting and Taxation course in Tamil Nadu that a graduate can pursue after doing B. Com?
As per market research and a survey conducted by a leading research house, due to the introduction of GST, there is a high demand for Business Accounting and Taxation professionals across the country. It has been seen that good BAT professionals have a promising career ahead especially if they have a base of B.Com.
2. What is the minimum requirement for the PGP BAT course?
A graduation degree in B. Com or BAF is the minimum requirement for the PGP BAT course. Students holding another graduation course with any finance-related certifications can also apply for the PGP BAT course.
3. Is Business Accounting and Taxation Course in Tamil Nadu a good option?
Definitely, after completing the business accounting and taxation course in Tamil Nadu, aspiring candidates would have several options of being placed with leading financial organizations directly once they complete the certification course in any of the institutes. Apart from this, due to the high potential and demand for professionals holding BAT skills companies operating in the Finance, Manufacturing, Retail, Energy, and other private and public sectors have been recruiting candidates in large numbers.
4. What remuneration package can students completing BAT course expect?
BAT professionals are sought after across different organizations and the average salary that can be expected would be in the range of 10 Lacs to 20 Lacs INR per annum. As these professionals gain experience and grow further in their organizations, their remuneration would also increase substantially.