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Home Accounting

Accounting Courses 2025 – Career Scope, Subjects

by Sabira Ulfath
November 12, 2024
in Accounting, Articles
Accounting Courses
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Table of Contents

  • Accounting Courses 
  • Career Scope in Accounting
  • Subjects in Accounting
  • Conclusion

Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results.

As accounting is the backbone of every  business organization so the field of accounting always remains in demand. Accounting is needed in every industry. It is one of the most respected professions and careers in the world. The four types of accounting includes Corporate Accounting, Public Accounting, Government Accounting and Forensic Accounting.

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Accounting Courses 

Accounting is a field that has endless job opportunities. Accountant plays the very important role in any business. It is a very crucial part of an organization, for managing payroll, auditing and financial management

It is critical to stay connected with accounting and finance activities that occur within any firm. The demand for accounting specialists is increasing as the area of accounting expands. Inorder to work in the accounting industry, you must have remarkable skills.

There are different types of accounting that includes,

  •  financial accounting
  •  management accounting
  • auditing 
  • tax accounting.

Candidates can choose from a range of accounting courses for pursuing a career in this field. Accounting courses are available as a degree, diploma and certification. Some of the popular accounting courses outlined below.

Accounting Diplomas

Given below is the list of eight popular accounting diplomas.

Accounting Courses: Diploma
PGDM in Accounting & Finance Diploma in Accounting & Finance
PG Diploma in Accounting Diploma in Business Accounting
Diploma in Accounting Management Diploma in Transfer Pricing
Diploma in Advanced Accounting Diploma in Accounting Science

Eligibility Criteria – For admission to undergraduate courses in accounting, minimum educational qualification is SSLC, PLUSTWO passed with commerce subjects like Accounts, Economics and Mathematics is required.

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Given below is the list of six top undergraduate and postgraduate accounting degrees.

Accounting Courses: Degree
B.Com in Accounting & Finance M.Com in Accounting & Finance
B.Com in Accounting & Taxation  M.Com in Accounting & Taxation
BBA in Accounting & Finance MBA in Accounting & Finance

Eligibility Criteria – Minimum educational qualification of bachelor’s degree in the relevant discipline is required for admission to master’s courses in accounting.

Accounting Certifications courses

Given below is the list of 10 popular accounting certifications.

Accounting Courses: Certification
Chartered Certified Accountant (ACCA) Chartered Financial Analyst (CFA)
Certified Financial Planner (CFP) Chartered Financial Consultant (CFC)
Certified Management Accountant (CMA) certification Chartered Global Management Accountant (CGMA)
Certified Public Accountant (CPA) Financial Modeling and Valuation Analyst (FMVA)
Chartered Alternative Investment Analyst (CAIA) Financial Risk Manager (FRM)

Career Scope in Accounting

1: Accounting provides information on

2: To figure out the worth of the end stock during the finish of the monetary year we,

3: Deals invoices are first placed in

4: Entered in the Purchases Journal is

5: Copyrights, Patents, and Trademarks are instances of

    Fill out the form to see the results



    Ever wondered how much you really know? It's time to put your brain to the test!

    As we all know in today’s world there is a huge demand for the accounting and financing industry. The field of Accounting offers a wide range of career options. It has culminated into being one of the best courses that you can take along and make a good career. There is quite a scope for a student after completing an accounting course. There are various aspects that a student learns during his time in the accounting course and they can apply the safe into making sure that they make the most of their career.

    Numerous options open for the candidates seeking career in accounting. The job of accountants exist in public as well as in private sector. If you are choosing your career to be an accountant then, the career options in this field are available in numbers. You can go for various jobs under this course.

    Every organization needs an accountant that manage and maintains the financial records of the companies. It enables the organization to judge their success/failure and plan for the future. There are different positions available in this field. Lucrative jobs available for chartered accountants in India as well as in foreign countries.

    Roles of an Accountant 

    • Main role is to prepare the financial statement of an organization.
    • Maintaining financial records of an organization.
    • Accountants advise the ways that reduce costs, increase revenues and profits.
    • Accountants have the duty to ensure that all the taxes in the entity are paid on time.
    • Securing the financial data by creating backups.
    Accounting courses we offer

    Accounting courses in Different Cities

    Business Accounting & Finance Certification
    Accounting course in Kochi, Ernakulam
    Tally Course
    Accounting course in Trivandrum
    Taxation Course
    Accounting course in Calicut
    UAE Accounting Course
    Accounting course in Kannur
    GST Course
    Accounting course in Thrissur

    Skills Required for an Accountant

    Accounting is a career of strong calculative and analytical skills. Some skills that are required for an accountant are listed below:

    • Communication Skill
    • Attention to detail
    • Analytic & Interpersonal skills
    • Knowledge of accountancy software
    • Strong in mathematics
    • Understanding of accounting procedure
    • Software efficiency
    • Critical thinking
    • Ability to work in an office setting to review documents for long hours
    • Ability to handle distraught and questioning clients
    • Ability to work for longer duration in environment of computing area

    Branches in Accounting

    • Financial Accounting
    • Cost Accounting
    • Auditing
    • Managerial Accounting
    • Accounting Information Systems
    • Tax Accounting
    • Forensic Accounting
    • Fiduciary Accounting
    • Fund Accounting
    • Government Accounting

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    Subjects in Accounting

    Accounting Subjects

     

    Business law Financial accounting Corporate finance
    Auditing Taxation Financial markets
    Management accounting Microeconomics Tax accounting
    Cost accounting Banking & investment Regulatory accounting

    Business law

    Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. Commercial law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer goods.

    Financial accounting

    Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet, income statement and cash flow statement, that record the company’s operating performance over a specified period.

    Work opportunities for a financial accountant can be found in both the public and private sectors. A financial accountant’s duties may differ from those of a general accountant, who works for himself or herself rather than directly for a company or organization.

    Corporate finance

    Corporate finance is the subfield of finance that deals with how corporations address funding sources, capital structuring, accounting, and investment decisions.

    Corporate finance is often concerned with maximizing shareholder value through long- and short-term financial planning and the implementation of various strategies. Corporate finance activities range from capital investment to tax considerations.

    • Corporate finance is concerned with how businesses fund their operations in order to maximize profits and minimize costs.
    • It deals with the day-to-day operations of a business’ cash flows as well as with long-term financing goals (e.g., issuing bonds).
    • In addition to capital investments, corporate finance is concerned with monitoring cash flows, accounting, preparing financial statements, and taxation.

    Auditing

    Auditing is a part of the accounting world. It is an examination of accounting and financial records that is undertaken independently. This is done to determine if the company or the business undertaking has confirmed its operations to the laws and the generally accepted accounting principles.

    Taxation

    • Tax accounting is the sub sector of accounting that deals with the preparations of tax returns and tax payments.
    • Tax accounting is used by individuals, businesses, corporations and other entities.
    • Tax accounting for an individual focuses on income, qualifying deductions, donations, and any investment gains or losses.
    • For a business, tax accounting is more complex, with greater scrutiny regarding how funds are spent and what is or isn’t taxable.

    Financial markets

    • Financial markets refer broadly to any marketplace where the trading of securities occurs.
    • There are many kinds of financial markets, including (but not limited to) forex, money, stock, and bond markets.
    • These markets may include assets or securities that are either listed on regulated exchanges or else trade over-the-counter (OTC).
    • Financial markets trade in all types of securities and are critical to the smooth operation of a capitalist society.

    Become an Accounting Pro – Learn from Industry Experts!

    Managerial accounting

    Managerial accounting is the practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization’s goals. It varies from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.

    Microeconomics

    Microeconomics is the branch of economics that considers the behaviour of decision takers within the economy, such as individuals, households and firms. The word ‘firm’ is used generically to refer to all types of business.

    Tax accounting

    Tax accounting is a structure of accounting methods focused on taxes rather than the appearance of public financial statements. Tax accounting is governed by the Internal Revenue Code, which dictates the specific rules that companies and individuals must follow when preparing their tax returns.

    • Tax accounting is the sub sector of accounting that deals with the preparations of tax returns and tax payments.
    • Tax accounting is used by individuals, businesses, corporations and other entities.
    • Tax accounting for an individual focuses on income, qualifying deductions, donations, and any investment gains or losses.

    Cost accounting

    Cost accounting is a form of managerial accounting that aims to capture a company’s total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.

    • Cost accounting is used internally by management in order to make fully informed business decisions.
    • Unlike financial accounting, which provides information to external financial statement users, cost accounting is not required to adhere to set standards and can be flexible to meet the needs of management.
    • Cost accounting considers all input costs associated with production, including both variable and fixed costs.
    • Types of cost accounting include standard costing, activity-based costing, lean accounting, and marginal costing.

    Banking & investment

    Bank accounting includes preparation of permanent records for every transaction. Therefore, the statement of the bank shows a general picture of the accounts of the bank while the different books of accounts offer a detailed analysis of the items.

    Regulatory accounting

    While regulation helps to ensure the quality of services that professional accountants provide, ultimately it is the ability of the profession to put the public interest first that will earn the profession the respect of communities and regulators around the world. This Policy Position has been prepared by IFAC.

    Conclusion

    • It is a stable and flourishing career of all occupations.
    • Start as an entry-level associate to gain experience through on job performance.
    • A flexible job which can help you to choose an industry of your choice.
    • Advance your career by starting your own firm.
    • Enhance your skills with new technology.
    • Work environment sometimes may feel lethargic.
    • Heavy workload and deadline from January to April.
    • Sometimes pressure leads to negative levels of stress that can affect your personality.

    Become an Accounting Pro – Learn from Industry Experts!

    Related Articles
    Best Accounting Courses in Kerala Short Term Certification Courses In Accounting
    Fraud Detection and Prevention in Accounting: Best Practices

    Financial Risk Management

    Principles of Accounting – Concepts and Conventions Cost Accounting Methods: Job Order Costing vs. Process Costing
    Related Courses
    UAE Accounting in Malayalam Best Taxation Course Online in Kerala  Tally Certification Course in Kerala
    Practical Accounting Training Course Online Options Trading Course GST Course Online in Malayalam

     

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