Top 5 Business Accounting and Taxation Courses in Kannur
The Business accounting and taxation course voluntarily provide a base for those students who are interested to study accounting and taxes. This certified course includes the financial topics of Accounting like Income Tax, GST, TDS, and more. Ideally, this course is pursued after completion of graduation for a better understanding of these sectors and to choose their part of interest for higher studies. Business accounting and taxation course facilitate to get higher-paid job opportunities with a better outlook as it helps the candidates in-depth knowledge about accounting, financing, taxation, etc. Various institutes offer business accounting and taxation courses in Kannur, but before delving into the list, let’s understand the basics of BAT.
What are Business Accounting and Taxation courses?
Business Accounting And Taxation courses in Kannur offer a certified academic course that will help the students to understand the basics of accountancy. The syllabus is distributed into theoretical and industrial training parts which are further subdivided into parts like auditing, accounting, taxes, book accounting, etc.
The Reason Why You Should Take the BAT Course?
Accounting and taxation are the core of any business. It helps in recording all the details about the business’s financial transactions and helps maintain their track. Proper maintenance of account helps in taking up the right advice for the financial and taxation part of the business.
This further leads to the smooth functioning of any business. Business accounting and taxation is a specially designed course for commerce graduates. For any business to operate smoothly it is very important to be able to track its funds both the incoming and the outgoing funds.
If you are looking to have a successful career in BAT you should enroll yourself in business accounting and taxation courses in Kannur. Plus this course will not limit the career options, a certified candidate of BAT is just not limited to the accounting jobs they can also apply for in the financial sectors. A BAT candidate has a wide range of job opportunities to choose from.
Topics Covered Under Business Accounting and Taxation Course:
- Direct Taxation/ Indirect Taxation
Direct taxes are non-transferrable taxes and Indirect taxes are transferable taxes.
- Excel & MIS Reporting
MIS reports are the generated reports by the management to track the performance of the organization to help faster decision making. Excel is the software program produced by Microsoft to help its users to calculate data using formulas.
Goods and service taxes are the taxes implemented on the goods and the services for consumption by the organization.
- Payroll and Its Components
It is a type of compensation that includes benefits for the employees of the organization e.g. insurance, medical claim, education, retirement plans, etc.
- SAP Module
SAP modules include various types of modules that include financial accounting, asset accounting, sales and distribution, customer relationship management quality management, etc.
- Financial Reporting
Financial reporting is the reports that consist of documentation of the financial activities that are performed in a particular duration of time over 6 months annually.
- Finalizing the Financial Statement
Finalization of the financial statements is the records that show business activities of the organization financially performed.
What are the Roles and Responsibilities of the Business Accountant?
Business accounting is the process where all the financial transactions related to the business are recorded. It is a systematic kind of recording which represents the financial information about the company. The role of an accountant, however, differs from company to company and the position of an accountant in the company.
But there are very few common and basic responsibilities of every accountant in the company. An Accountant ensures the A to Z documentation of the financial as well as the compliance part of the organization which is followed by all the legal laws and regulations. It prepares and maintains all the financial reports and also guides on how to generate the income by making a profit and reducing expenses.
Also, learn about Financial Risk Management
What is Taxation and the Role of Tax Accountants?
Taxation involves all the charges that are imposed on an individual or the company to produce income and benefits the use for the growth and development of the company. In short, tax is the money that an individual or the company has to pay to the government for the development and growth of the nation.
There are two types of taxes direct and indirect taxes. Both are different from each other and are imposed for different reasons. Direct taxes are paid directly to the government for instance income tax and indirect taxes are the ones paid indirectly to the government for instance sales tax, and service tax.
A tax Accountant is responsible for all the duties related to taxes. A tax accountant prepares the tax provision and its schedules. Helps in finding the solutions for critical tax problems and helps fix those issues by providing the right guidance assisting its financial statements.
Helps find various strategies that will reduce the tax payment amount. Performs quarterly or annual audits to record if the company is functioning well enough and track those records. A tax accountant studies the income and expenditure for the benefit of the company.
A tax account will guide its company or an individual to plan the investments. He is also responsible for calculating the earnings and tax returns to make sure that the tax is paid regularly and on time.
Career Opportunities after Business Accounting and Taxation Course?
- Accounts Executive
An account executive is the one who will be responsible for the ongoing business with clients they are the ones who are the medium of contact between company vendors and their clients.
A lecturer is the one who teaches at universities or colleges for higher education.
- Analyst/ Sr. Associate
An analyst is the one who uses the data and analysis in concerns of the company’s clients.
- Deputy General Manager
A role of a deputy general manager is to plan strategies for the sales team and marketing about their clients calculating the budget requirements.
- Accounting Supervisor
An accounting supervisor manages the daily transactions like accounts payable and receivable, general ledger, etc. He will prepare the budgeting reports and predicts the revenue earned.
- Senior Accountant
A senior account prepares the financial statement.
- Tax Assistant
A tax assistant maintains the digital and physical financial records. He realizes the invoices to the clients and the external partners of the company.
- Auditing Assistant
An auditing assistant will prepare an audit report that will help in the investigation during the audits by sticking to the code of ethics and professional conduct.
Course Duration, Fees, and Eligibility:
The duration of the course depends on the person’s eligibility, dedication and focus. It may take around 1.5 to 3 months to complete the course. The fee structure is different as per the preferred choices of the course and preferences like the online or offline courses.
Anyone who wants to pursue a BAT course must be minimum a graduate in B Com/ BBA etc. in commerce related sector. To apply for business accounting and taxation courses in Kannur one can simply visit the websites and choose their options of learning whether online or offline download their application forms or fill them out online.
How Worth Is Business Accounting and Taxation course:
There is no second thought about if taking business accounting and taxation courses in Kannur is worth it. This course opens wide opportunities for your career. After one gets certified in BAT you are open to approach for a job in any field in any private-public or government sector jobs.
Recommended Read: Business Accounting and Taxation Courses in Kerela
Benefits of Choosing Business Accounting as a Career:
The benefit will help you manage not only your company’s finances but you will also learn to manage your finances more efficiently. It will also help you understand and track your finances. If you own a business this course will help you study your accounts and manage them rather than hiring an external paid accountant which in a way will save your money.
This will help you understand the financial statements and improve your decision-making skills for your organization. When you learn accounts you also understand how to analyze financial statements.
Therefore business accounting and taxation courses in Kannur will not only enhance your skills in accounting but will improve your skills in taking important decisions in your financial matter. Before we decide on which institute is best for taking business accounting and taxation courses in Kannur, let us first in detail understand its benefit in your career.
Benefits of Choosing Taxation as a Career:
Tax is an enemy dynamic mic career for people who are highly good at numerical skills and is a very challenging job. A tax adviser is no doubt a very challenging job but also one of the highest-paid jobs. A tax adviser should be extremely good in communication skills as they need to explain the toughest tax-related issues in simple and understandable language to their clients.
Be it an organization or an individual they will always need an adviser for their tax-related issues. So choosing a career in taxation is challenging and one of the highest-paid jobs and most in-demand. To choose tax accountant as a career means one needs to be an extremely hard worker but it also gives you various ways to benefit in your career growth.
A tax accountant has to be updated always meaning that their learning never ends, they have to keep themselves updated always. However, Tax is unavoidable it impacts every individual company and organization. Every individual wants to save their hard-earned money and also would want someone else to do this complicated job for them.
Here is when a Tax accountant or Tax adviser comes to the rescue they not only guide you on how to save your money but also guide a few creative ways to invest your money and also explain the complicated legalities in a simple way for our better understanding. A tax person does all the calculations and paperwork part as they know the tax laws better.
Business Accounting And Taxation
Every business organization irrespective of national or international business accounting standards builds financial statements and financial reports publicly but their principles and goals f of accounts and taxation is different. In every org organization, those who are responsible for decision-making for their company and the tax departments are interested in the accounting and the information that they provide.
Hence it is very important that all the information provided on their financial statements are accurate and well created following the legal regulations. If the information is inaccurate or incomplete the decision-making is poor and effective.
Therefore the relationship between Business Accounting and Taxation is considered to be a very important aspect at the level of financial reporting. Even if these terms are used separately they have an interlink link with each other.
Every taxation includes an accounting process which is done by calculating the financial statements and these statements are used to calculate tax. Whereas accounting’s role in an organization is to help in run the business to track the revenue and the expenses, the compliance, investors, and the management.
The tax part involves all the payments that are paid to the government for the development of the nation or the health and social security purposes which are income tax, corporate tax, etc. Therefore taxation is directly related to accounting but accounting will have an indirect relationship with tax.
Recommended Read: Business Accounting and Taxation Courses in Kochi
Below Are a Few Top-listed Institutes That Offer the Best Business Accounting and Taxation Courses in Kannur:
1. IIM Skills
Since its inception in 2015, IIM Skills has been known for its quality-driven professional courses that aid individuals to reach their potential in the professional world. The institute has garnered esteemed repute due to its specialized immersive training programs that are meant to suit people at all junctures in their career stages. Even people eyeing a career switch, new beginnings after break enjoy the maximum benefits of their courses.
With its course stemming out in online format, its Master BAT Course is the best when it comes to business accounting and taxation courses in Kannur. Designed and constantly updated by the industry experts, the course is laden with in-depth knowledge about accounting, GST, TDS, income tax, etc along with expertise in tools like Tally, Quickbooks, Excel, etc.
Why IIM Skills is the best choice for BAT Course in Kannur?
- Get trained under expert CA mentors
- Instant doubt resolution
- Internship opportunities to brush up your skills
- Placement assistance to get your feet in the industry
- Accolades with a master’s certification
- Even after completion of the course, get free support and guidance from mentors
Download Business Accounting and Taxation Course CurriculumFIND WHY 20,000+ PEOPLE LOVE IIM SKILLS
- Accounting (Basic and Advanced)
- Tally ERP and Tally Prime
- Goods and Services Tax
- Income Tax
- Advanced Excel and MIS Reporting
Horizon is one of the renowned institutes and is also known for being one of the best business accounting and taxation courses in Kannur. The founders of this institute are industry professionals who are highly experienced in the sector of accounting and tax. It is an authorized training center.
This institute is certified and registered under the Department of Labor, Delhi, and also recognized by the Ministry of MSME, Govt of Idia, New Delhi. Horizon is among the popular institutes for banking and taxation courses in Kannur that provides globally accepted accounting courses that help students to get jobs in multinational companies as well.
Why Horizon is the best choice for BAT Course in Kannur?
- Students are trained under expertise from industry specialists in the fields of accounting.
- All the courses provided by Horizon are designed as per the industrial specification.
- Gives full support for job guidance to their students.
They follow 9 modules for the BAT course in Kannur:
- Finance and Accounts
- Tally Accounting Package
- Taxation- Indirect
- Advance Tally
- Quick Books
- Advanced excel
- Career Orientation
Recommended Read: Business Accounting and Taxation Courses in Trivandrum
3. ALMIS Academy
Almis is among the best institutes for business accounting and taxation courses in Kannur. It is a 20 years old institute that is highly experienced in the field of accounting, auditing, and taxation. The students here are trained under-qualified professionals like CA, CMS, CS, etc. They also offer other similar courses to accounting and taxes. ALMIS academy offers a wide range of courses in accounting and taxes.
Why ALMIS Academy is the best choice for BAT Course in Kannur?
- You get the opportunity to learn from highly qualified professionals.
- They are 20 years old and experienced.
- They offer practical training in accounting.
- MS Excel
- MS Office
- SAP FICO
Recommended Read: Business Accounting and Taxation Courses in Thrissur
Catalyst is one of the leading institutes offering one of the best and most practical oriented business accounting and taxation courses in Kannur. Students in the catalyst are well-trained under certified trained teachers. They offer practical training to their students.
Why Catalyst is the best choice for BAT Course in Kannur?
- Promises a better career.
- Offer practical training to each student.
- They have more than 50 academically excellent faculties to train their students.
Other Courses Offered:
- CMA (cost management accountant)
- CMA – United States Of America
Recommended Read: GST Certification Courses in Trivandrum
5. Lakshya Campus
Lakshya campus in Kannur is one of the known institutes to offer the best business accounting and taxation courses in Kannur. They also offer other similar courses to accounting and tax. Lakshya Has a unique module system that gives the best results by helping students understand the basics.
Why Lakshya Campus is the best choice for BAT Course in Kannur?
- Their syllabus is designed by experts.
- They regularly take practice sessions with test papers that are designed by the experts that help their students to get exposure to the practical accounting world.
- They assure 100% job.
Other similar courses by Lakshya
- B Voc+ACCA
- M com+ ACCA
- MBA + AccA
Recommended Read: Online Financial Modeling Courses
FAQs Related to BAT Course in Kannur
1. Who can apply for the BAT course?
Any graduate from a commerce-related field can take up a certification course for business accounting and taxation courses in Kannur. Those who are looking to upgrade their skills in commerce after completing their graduation can apply for the BAT course.
2. Is it worth taking this course?
Yes of course. BAT course will not only add weight to your portfolio but also it will also offer you wide opportunities to grow in your career. BAT will offer immense job options for your career growth.
3. How to apply for the course?
Applying for business accounting and taxation courses is very simple you can simply visit the websites of the institute you want to apply from, and register for the course.
4. What is the duration of the course?
The duration of the course depends from institute to institute and the kind, of course, you wish to take. BAT-related courses are a minimum of 1.5 months to 3 months.
BAT is a very old technique practiced and followed by every business organization to maintain their financial records and with time this technique got upgraded since then, there has only been a rise in demand for trained accounting and tax professionals. Hence the degree in BAT course in Kannur will never go in vain. There will always be a high scope of growth for a career in BAT.
As this sector demands to adhere to the laws and regulations there will always be a need to upgrade and hence anyone who is taking a career in BAT can never stop learning it will be an ongoing process. Anyone who is looking for a challenging and promising career can apply for business accounting and taxation courses in Kannur. This course has a big scope of growth and development in your career. This certification will give a platform for every graduate who is seeking professional growth in the financial sector.