Top 7 Certificate Courses in Accounting and Taxation

Accounting and taxation is an evergreen domain. The demand never ends because it is a broad field with several opportunities. It is as demanding as a profession of a doctor or engineer. After all, it is a fast-growing business that affects every organization in every industry.

What Are Accounting And Taxation?

Every firm, whether small or huge, cannot function without accounts. The goal is to offer information on an organization’s financial status, cash flow, income tax, and financial position. Then the data is utilized to make decisions for the business investment or lending is operating. The primary goal is to determine the company’s profit and loss.

It gives information about managerial decisions. Furthermore, accounting guides a business, venture, or nation in organizing, managing, and executing their budgets and expenses, forecasting revenues or turnovers, purchasing new assets or incurring new liabilities, tracking financial health, making personnel recruitment or recruitment decisions, and regulating economic growth.

About The Certificate Course In Accounting And Taxation

As a result of technological advancements, various professions have evolved in this modern era. New fields of study have emerged, as have new job prospects. The purpose is to increase the number of job opportunities for digital natives.

The Certificate Course in Accounting and Taxation offers both a long-term and a short-term certificate program that covers: GST, banking, taxation, finalization of financial statements, direct taxation payroll components ESIC, and financial reporting using ERP software, Excel, and MIS reporting.

You will be able to advance a complete understanding of fundamental principles of corporate accounting and taxation from the qualified faculty by giving you real-world situations, scenarios, and Microsoft Excel exposure. You will get many practical questions, ebooks, assignments, Tally projects, and mock interviews to assist you in getting a better understanding of essential concepts in corporate accounting and taxation.

It will also improve your analytical skills and provide you with a solid professional foundation in all areas of accounting and taxation. It will make you qualified for a job in this competitive market.

A candidate receives course completion certificates from all institutes offering the course after passing the appropriate exams. In addition to employment placements, most of these institutions also provide internships. As a result, everybody who enrolls in this course will benefit.

A Career In Accounting And Taxation After The Course

Doing a course will result in profitable employment, so the following are a few lists of fields you can choose.

Tax Analyst-A tax analyst’s responsibilities include preparing, reviewing, and filing tax forms and returns. They assist people who are filing single or joint returns, as well as business owners who are filing taxes on behalf of their company.

Tax Manager-Tax managers are responsible for the overall management of preparing and filing state and federal tax documents. They develop tax strategies and policies to assist their clients or business organizations comply with state and federal tax laws and regulations. Subsequently, tax managers are responsible for identifying tax issues and proposing solutions. Tax managers can work in-house for a company or as consultants for several clients.

Tax Accountant- Tax accountants work for accounting firms, major corporations’ accounting departments, or as part of a small business finance team. Their concern is to ensure that their clients file their taxes correctly to avoid penalties. They precisely manage complicated financial paperwork and government documents recording business activities to make annual tax returns easier to file.

Tax accountants analyze firm records for inaccuracies or missing records and then rectify them. They construct a tax payment schedule and advise their clients on managing their tax budget. Tax accountants also operate in monitoring and consulting positions, advising organizations on how to save money overall. They maintain information on tax rules and any tax obligations in their industry.

Financial Advisor- A financial advisor is frequently in charge of more than just executing market trades on behalf of their clients. Advisors apply their knowledge and skills to construct personalized financial plans that assist clients in meeting their financial objectives. These strategies include, in addition to investing, savings, budgeting, insurance, and tax planning. Advisors also meet with their customers to reevaluate their present state and future objectives to make appropriate plans.

Auditor- The auditor’s job is to ensure that financial reports are accurate and comply with regulations. Auditors in various businesses will differ based on where they work. An internal auditor is a company employee whose job is to review the company’s reports and bookkeeping systems.

As an internal auditor, the auditor can offer advice and action if a financial task needs to be changed. An external auditor will conduct an audit as an independent external auditor. They will work for an accounting firm but assign various companies’ paperwork on a case-by-case basis.

Also Read: Skills Required for an Accountant

Salary Scope After Completing The Certificate Course In Accounting And Taxation

According to a Payscale survey, the average compensation after completing the course ranges between INR 2 and 8 LPA. The monthly salary falls somewhere in this range, and educational achievement, grades, and abilities will influence salary.

People who work for top financial industries can get the opportunity to transfer abroad, and students in the field of commerce, for example, have multiple options for pursuing their professions overseas. They have a wide range of opportunities both domestically and internationally.

Some prestigious government banks, enterprises, universities, and other institutions hire certificate course students. Government jobs include salaries for Government teachers, professors, bank managers, and others ranging from INR 2 to 8 LPA. The scope of the certificate course in Accounting and Taxation extends to job opportunities in the private sector.

Private jobs are available in private schools, universities, companies, and other financial companies. According to Payscale, the starting salary is between INR 2 and 8 LPA. The following are some of the most common job openings, together with their average salaries:

Role Average                        Annual Salary

Lead Business Analyst           INR 7.5 LPA

Budget Analyst                       INR 6.5 LPA

Revenue Agent                       INR 6 LPA

Auditing officer                        INR 4.5 LPA

Tax Analysts                            INR 4 LPA

Accountant                              INR 3 LPA

Recommended Read: Online Business Accounting Taxation Courses

Enrollment Requirements For The Certificate Course In Accounting And Taxation

Each institution has its own set of requirements; for example:

Candidates must have a university degree from a recognized university in either B.Com/BAF/BBI or BBA or an equivalent examination with minimum marks of 50% and above. Students who are taking their final year graduation exam in B.Com/BAF/BBI and are awaiting results are also eligible. However, the requirements for different institutes may differ.

Course duration might range from one month to six months, depending on the institution. Admission is based solely on the merits of the qualifying examination. The institutes do not conduct entrance exams for enrolment in the program.

The course provides students with a comprehensive understanding of the specialized fields of accounting and taxation that they can apply in their careers. Students in this course learn about the various aspects of the field. Students interested in the program should have a background in business and accounting.

They should be able to analyze data, perform calculations, and even have some basic understanding of GST and current taxation laws. The Certification course in accounting and taxation provides a solid foundation for candidates to pursue further education in the field.

Growth In Accounting And Taxation After Completing The Course

There is a well-defined career path. Students learn practical skills such as number crunching and cost analysis, which employers require. It gives you a much clearer career path than someone who studies English or philosophy, where the potential career outcomes are more difficult to define.

You will have the opportunity to advance professionally. After the course, you may start as an entry-level associate, but there is room for advancement. Many accounting graduates start their careers as staff accountants, junior auditors in public accounting, or assistants in the controller office in private accounting.

But after establishing yourself and gaining experience, you can advance your career through on-the-job performance. It is a stable and expanding job market. A profession that is not going away anytime soon. Almost every business requires an accountant or an entire accounting team, and even the average person may require the services of an accountant from time to time.

Accounting professionals are in demand as long as people want assistance with their taxes and businesses. According to the Bureau of Labor Statistics (BLS), jobs opportunity is likely to expand by 10% between 2016 and 2026. It outpaces the national average for all occupations.

There is the possibility of starting a business. You have the opportunity to begin your own business in any career. If you have some entrepreneurial flair, establishing an accounting firm could be a terrific way to boost your profession. Like any other business, starting an accounting firm have risk and is not for everyone, but it is always important to have options.

To get work in some professions, you may need to uproot your life and relocate to an industrial hub. This field, on the other hand, seems to be everywhere. Everyone, from software development firms to government agencies, could benefit from the services of an accountant. It gives a lot of flexibility in determining where you want to settle down.

List of Institutes That Provide the Certificate Course in Accounting and Taxation to Enhance Your Skills.

1. IIM Skills

IIM Skills is one of the best online institutes that focuses solely on delivering exceptional learning programs to their students. They offer various professional courses on demanding skills such as content writing, technical writing, digital marketing, etc. IIM Skills provides the best certification courses in accounting and taxation in India.

They have the best faculty team in the field, with years of experience, who will guide you personally throughout the course. They provide you with lifetime access to LMS for free for the rest of your life. It is a collection of learning materials, tools, case studies, recorded classes, lectures, and all updated knowledge regarding the course.

Topics Covered in BAT Course

• Accounting Fundamentals And Accounting In Tally
• Basics Of GST
• GST In Tally
• The Basics of Tax Deducted At Source (TDS)
• Computation of TDS
• Payroll With Tally
• Income Tax
• Advanced Excel and MIS Reporting

The duration of the course is four months. The class is delivered flexibly in terms of time and batch size, which allows you to improve your skills at your leisure without jeopardizing your existing obligations. The certifications offered by IIM skills are internationally recognized.

Other Courses

• Digital Marketing Course
• Content Writing Course
• Technical Writing Course
• GST Certification Course
• SEO Course

2. Udemy

Udemy is well-known for its low-cost fee structure. Individuals, small business owners, sole proprietors, CPA candidates, Enrolled Agent candidates, Accountants, Bookkeepers, and students can all enroll in the course. A global platform where you can construct and enhance the skills required in modern industries. They have access to 14000+ courses, and they assist their students in their native language, making it much easier for them to understand the course more simply.

Topic Covered

• Data Analysis
• Financial Management
• MIS +
• Tally Erp 9
• Accounting Fundamentals
• TDS
• Accounting and Taxation Management
• Basics To Pro MS Excel

The course is divided into 15 sections and 86 lectures. It comes with 4 hours of on-demand videos. They use HD video and animations to keep the class entertained. They provide you with lifetime mobile and TV access, which allows you to learn on the device of your choice, and a certificate of completion.

Recommended Read: Business Accounting and Taxation Courses in Delhi

3. NIFM

NIFM has been India’s leading accounting education institute for financial accounting and business taxation. They cover all the basics in accounting to advance knowledge in financial accounting, Tally ERP9 with GST, Business Taxation, Income Tax, TDS, TCS, ESI & PF, Company Act, Auditing, and Payroll Management.

NIFM prepares its students by providing hands-on experience on a LIVE PROJECT using tools such as; Tally ERP9 and Government Schema Java Utility. They ensure that their students receive the best accounting education possible.

Topic Covered

• Module 1 -Business Accounting
• Module 2 -(GST & TDS/TCS With Tally ERP9) GST Filing with Tally ERP9, TDS Filing with Tally ERP9
• Module 3 -Payroll & Income Tax with Tally ERP9) Payroll with Tally ERP9, Income with Tally ERP9
• Module 4 -Income Tax E-Filing
• Module 5 -Tax Deduction at Sources (TDS) / Tax Collected at Sources (TCS) E-Filing
• Module 6 –Goods & Services Tax (GST)

• The course duration is nine months and a three months Internship.
• They also offer various accounting courses of different duration:
• 6 Months Diploma in Financial Accounting
• 6 Months Diploma in Taxation
• Certified GST Professional
• Certified Accounts Professional

4. EduPristine

EduPristine is a worldwide education provider. It offers both online and classroom training. All theoretical parts covered by faculty-led LIVE online training allow two-way interaction and flexibility simultaneously. They have an excellent faculty that includes thought leaders and well-known corporate personalities.

EduPristine has established itself as a world-class finance training provider. Over time, the institution expanded from a single area to five: finance, analytics, accounting, marketing, and healthcare.

Topic Covered

• Module 1 Basics of Accounting with Accounting in Tally
• Module 2 GST Fundamentals & GST in Tally
• Module 3 Basics Of Income Tax And Tax in Tally
• Module 4 Payroll And its Components
• Module 5 Excel for Accounting & MIS
• Module 6 Finalizing of Financial Statements
• Module 7 BusyPracticals SAP
• Module 8 SAP
• Module 9 Soft Skills

The course takes three months to complete. The training process is exam-oriented and rich in resources. Because they provide students with soft skills training and post-course assistance, they have grown into one of India’s leading commercial accounting and tax institutes.

5. APG Learning

The institute runs some of the most successful employability programs in technology, business, finance, and lifestyle. They aim to upskill and educate students while ensuring long-term socio-economic development. APG Learning aspires to uplift the community by enabling everyone to access high-quality education easily.

They combine real-life experiences with academic knowledge in their teaching approaches to make learning entertaining and productive. To provide career-oriented courses of the best quality to enable working professionals to develop new skills and advance in their jobs, they have partnered with the world’s best course providers.

Every six months, they review the courses to ensure that learners have up-to-date and industry-relevant knowledge, skills, tools, and techniques to use in their careers.

Topic Covered

• Industrial Accounting
• Tally
• Direct Taxation
• Goods and Services Tax GST
• Payroll and its Components
• Excel and MIS

The course duration is three months, and after clearing the exam, you will receive a Tally certification.

Recommended Read: Financial Modeling Courses in India

6. Synergy School of Business Skills

Synergy School of Business Skills specializes in short-term programs that incorporate/life skills, project management, operational excellence, and people skills for professionals. It is the largest network of management institutes in India. They deliver case study-based practical training based on hands-on experience.

Strong accounting, excel, and reporting skills are applied to cover the essential components of both direct and indirect taxation. The course is created entirely by industry specialists. It is one of the world’s largest registered education providers of the Project Management Institute, a global organization of project management professionals. Annually, they train over 50,000 people and certify approximately 10,000 professionals in various management courses.

Topic Covered

• Advanced Excel
• Payroll Management
• Goods and Service Tax
• Income Tax

The course duration is two months. The training infrastructure at Synergy includes modern computer labs, executive classrooms, reference materials, and a placement cell that facilitates industry-institute partnerships, internships, projects, and employment.

7. Henry Harvin

Henry Harvin is a global education technology company established in the United States and India, with users across over 97 countries. The institute provides students with options for doing the course both offline and online. They host a variety of webinars to provide students with hands-on experience.

They seek to facilitate learners with industry-grade projects that follow the curriculum for practical and in-depth learning of the subject matter during training.

Topic Covered

• Accounting and Taxation Management
• Basics To Pro MS Excel
• GST Practitioner
• Income Tax
• A Financial Statement Analysis
• Advanced Tally, ERP 9
• Advanced Excel
• HR Payroll

The duration of the course is a lifetime for self-placed and weekly boot camp sessions for live classes. It is a 172-hour course with a one-year access period to the course materials. Live projects with industry experience are available throughout the course.

Mobile app access and e-learning are provided, with access to recorded videos, projects, and case studies. The institute provides placement assistance and internship opportunities. The certificate they provide is from a government of India-recognized institute.

Frequently Asked Questions

What is the certificate course in accounting and taxation?

The certificate course in accounting and taxation is for professionals who desire to advance their careers in this profession. It teaches students the factors related to the field. Students get a thorough overview of the subject and learn about the present situation of the country’s economy.

Is it worth taking an online certificate course in accounting and taxation?

It certainly is. Online learning has become the new standard. Courses delivered online are equally as effective as those conducted in person. They assist you in connecting with professionals and colleagues from all over the world. You can attend the courses at any time and from any location. They aim to provide you with hands-on experience. These classes broaden one’s expertise.

What is the duration of a certificate course in accounting and taxation?

The duration of a certificate course in accounting and taxation varies per institute; some provide a two-month, some a six-month, and others a one-year study.

What is the fee for the certificate course in accounting and taxation?

The average fee for the certificate course in accounting and taxation is between INR 12000 and 70000. Depending on the institute and course duration.

What are the possibilities after completing the certificate course in accounting and taxation?

There are various job opportunities like international finance, taxation, auditing offices, real estate finance, budget analysis, management accounting offices, corporate finance offices, and other related fields. They can work as Assistant Managers, Marketing Managers, Personal Finance Consultants, Revenue Agents, Assistant Managers, Accountants, Corporation Taxation, Employment Tax Specialists, Executive Indirect Taxation, Tax Policy Analysts, and other positions.

Conclusion

The certificate course in accounting and taxation aims to allow students to get the most comprehensive understanding of the topic and apply it in their careers. After graduation, students can take a Certificate Course in Accounting and Taxation, which allows them to specialize in financial sectors, the Indian economy, national and international taxation, and much more. Taking this course after completing graduation provides students with a solid foundation for pursuing a Bachelor’s or Master’s degree in the field and a start in the finance industry as an associate or subordinate.