Finance is the base of every organisation. The methodical and extensive recording of financial transactions related to any business be it big or small, it is requisite. Thus there is huge demand in the accounting profession. Accounting profession is very promising yet competitive. If you are a lover of numbers and trying to build your future as an accounting professional then you can go for professional accounting certification courses.
Choosing a professional course is one of the hardest parts. There are many job oriented professional accounting courses in India. Here are some of the Professional Accounting Certification courses in India.
Top Professional Accounting Certification Courses
Association of Chartered Certified Accountants (ACCA)
ACCA is a globally recognized accounting qualification formed in 1904. Which gives a strong foundation on accounting to students and professionals. ACCA may include business accounting, management accounting, business law, financial accounting and management, taxation, financial reporting and more. ACCA is a well-defined curriculum that is continuously updated to develop industry-relevant knowledge, skill and professional values. Since ACCA trains you to perform strategic roles at senior management level, it ensures a long term career.
The one who completed ACCA successfully can have a wide variety of opportunities. Some roles performed by ACCA members are Accountant, Internal Auditor, Forensic Accountant, Management Accountant, Chief Financial Officer, Business Analyst, Business Adviser, Treasurer, TAX Accountant, Risk Manager and more.
Along with ACCA, students can also earn a Diploma/Advanced Diploma in Accounting and Business, a Bsc.(Hons) degree in Applied Accounting awarded by Oxford Brookes University and get an Msc in Professional Accountancy awarded by University of London. Most of the ACCA qualified professionals in India are placed with MNCs.
Chartered Accountant (CA)
A Chartered Accountant is the professional who works as a financial controller in business and other industries. It includes accounting, taxation, auditing and financial assessment practice for an organisation. In India certification in Chartered Accountancy is needed to be a professional Chartered Accountant.
The candidate must complete three levels of training developed by (Institute of Chartered Accountants of India). The three levels of training are the CA foundation exam (Common Proficiency Test or CPT), CA intermediate (Integrated Professional Competence or IPC) exam and CA Final.
Some of the responsibilities of CA are :
- Charge of the entire accounting system in an organisation or any specified department.
- They provide strategic financial direction to business.
- They are in charge of implementing changes and resolving the company’s financial problems.
- CAs in the public sector look after government spending.
- Some chartered accountants also work as freelancers and consultants.
Cost Management Accounting (CMA)
Cost Management Accounting is one of the popular courses in the finance sector. The course offers many opportunities for those who want to make a career in management accounting. It gives a keen knowledge in finance.
CMA is one of the hardest exams in the country. CMA covers both business and accounting fields. The Cost Management Accounting course is divided into three levels ;
- Foundation level
- Intermediate level
- Final level
To be a certified CMA you need to clear all these levels.
One who successfully completed a CMA course can apply for various jobs in different industries. CMA offers higher career scope in the field of management and accounting.
Diploma In Accounting
A diploma in accounting can be achieved by freshers and professionals who need to understand the basics of financing and accounting to enhance their personal skills. Diploma in Accounting is for those completing +2 education or graduation.
As it’s a short term course, many students who need a certificate in a short time period studies this course. In this course you will be able to learn about
- Management Information
- Accounting Framework
- Organizational Framework
- Legal Framework
- Tax Framework
- Accounting Skills
- Payroll Transactions
- Managerial Finance
Bachelor of Commerce (B.Com) in Accounting and Finance
Bachelor of Commerce is the course studied by the students to advance their career in accounting Finance. It is one of the top choices in the commerce field. Also B.com has a wide range of job opportunity
The course helps to gain adequate knowledge and skills in data handling and quantitative techniques. There is a huge scope with the higher studies in the area. Candidates with B.com background are responsible for the budget analysis department. They develop and manage the organization’s financial plans. They can also go for government sectors such as government accountants, they may work at local, state or central level. This is a three year course provided by almost all major colleges and universities in India.
Master of Commerce (M.Com) in Accounting and Finance
M.Com in accounting and finance is a 2 year PG course in the field of commerce. It’s a systematic and advanced study of finance, management, accounts, trading and more. After successfully completing B.com, BBA or BCA you can join the M.Com.
This master’s degree program offers you a wide range of opportunities in different fields.
Business Accounting and Taxation (BAT)
Business Accounting and Taxation is a course that is equivalent to a Bachelor’s degree in Accounting and Taxation. BAT gives experimental and practical learning for students to evolve into job ready accounting experts. It gives fundamental knowledge on accounting concepts, taxation, payroll policies and integral disciplines of Economics. BAT trains in financial reporting with the help of SAP, QuickBooks, Direct taxes, auditing and much more.
Usually experts who have years of experience in taxation and accounting design the modules for the BAT course. Anyone with a bachelor’s degree in commerce from a reputed institution can apply for BAT.
These are some of the professional accounting certificate courses in India. These accounting courses aim to impart knowledge and skills in the areas of accounting. If you are trying to pursue your career in the accounting and finance sector, opting one that suits you will be the best. And get a job in the financial domain of number one companies around the world.
Finprov Learning provides extensive learning experience to allow students to gain knowledge about Banking, Finance and Accounting. Through our courses you can build your career and can make your dreams true. You will get the very best learning experience. We assure 100% placement after successfully completing the course.