Which Accounting Course Is Best?

Accounting plays an important role in today’s world. Accounting is the backbone of any business as it is the only way to track the financial health of the business, helping stakeholders make future decisions. Accounting is a system of recording and summarizing business and financial transactions, and analyzing, verifying and reporting the results. Accounting is needed in all fields. Therefore, it is natural to be confused as to which are the best accounting courses in India.

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This is one of the most respected professions and careers in the world. The different roles in the field of accounting are financial controller, financial analyst, financial manager, financial advisor, financial manager, chartered accountant, company secretary and consultant. Chartered management consultants, accountants, audit clerks, forensic accountants, etc. Wide job opportunities abroad with good packages like Accounting and CA are sought after in many industrial sectors.

Best Accounting Courses in India

These are the best accounting courses that a student can go for in their life after passing out the class 12 or bachelor’s. The students can then get intense knowledge about the fields of accountancy and thus they can go for extensive skillset.

The best accounting courses range into Chartered Accountancy, ACCA, CPA, B.Com in Accounting and Finance and more.

1. Bachelor of Commerce (B.Com) in Accounting and Finance

A bachelor’s degree that takes you through various aspects of accounting and finance such as, budgets, taxes, investments, and how companies manage their cash. It’s great if you want to work with numbers or in business. The degree is a highly sought after course especially among students who passed their twelfth. Taking this degree opens up various internships and career options like accountant, finance manager, tax analyst, etc. A fresher can easily earn up to 5 LPA and even more, with this degree.

2. Masters of Commerce (M.Com) in Accountancy and Finance

An M.Com in Accountancy and Finance is a higher-level college degree focused on advanced study in financial management, accounting principles, and business practices. Spanning two years, it is designed for students who wish to deepen their understanding financial analysis, corporate finance, auditing, taxation, and financial reporting.

Usually, the qualification involves holding a bachelors degree, and thus opens up a better opportunity for advancing in your career. Entry-level jobs can get you a package from 4 – 8 LPA.

3. Chartered Accountant (CA)

CA, also known as the “IIT of Commerce,” is the most time-consuming and labor-intensive course that requires significant dedication and effort. There are three different levels of certification exams. Candidates are required to finish articleship training after they have successfully completed the first two levels of the examination process. Following this, they are eligible to take the final examination. The process of becoming a certified public accountant can take at least four and a half years. Because of this, the majority of candidates take the entrance exam immediately after completing their 12th grade education and concurrently pursue a career in accounting. INR 8-10 lpa is the typical salary range for a certified public accountant in India.

4. Association of Chartered Certified Accountants (ACCA)

The acronym ACCA refers to the Association of Chartered Certified Accountants, which is widely recognized as one of the most prestigious accountancy qualifications in the world, particularly for students and aspiring finance professionals. In order for students to be eligible to register for the ACCA qualification, they must have passed their 10+2 examinations with a cumulative score of 65% in Mathematics/Accounts and English, and they must have received a minimum of 50% in all other subjects. Accounting, Financial Reporting, Auditing, Taxation, Business Finance, and Financial Management are some of the topics that are covered in the ACCA course. Chartered Accountancy is a more comprehensive field of study. Within the ACCA Syllabus, there are a total of thirteen examinations that a candidate is required to take. Knowledge, Skill, and Professional are the three categories that make up the thirteen examinations. An ACCA professional can earn up to 12 LPA on average, according to the average salary.

5. US Certified Public Accounting (CPA)

A professional certification course offered by the American Institute of Certified Public Accountants (AICPA) to individuals who pass the Uniform CPA Examination and meet specific education and experience requirements. It is considered one of the most prestigious accounting qualifications in the United States and is recognized globally.

The course is valid and available in India, though it requires a US-based qualification and the certification is issued by US state boards of accountancy. The course requires you to pass a four parts exam within an 18-month rolling period. Being an US-certified course, it comes with perks such as better career prospects and higher salary wages. You can take up this course for career growth as well, making your resume remarkable.

7. CMA (Certified Management Accounting) Course

The CMA course is a globally recognised professional course offered by the Institute of Management Accountant (IMA), USA. It focuses on financial planning, analysis, control, decision support, and professional ethics, making it ideal for those pursuing careers in management accounting and financial management. The course includes an exam structure consisting of two parts within a duration of 12-18 self paced months.

The eligibility requires you to have a bachelor’s degree along with 2 years of professional experience. Global opportunities in MNCs and large organisations are a big benefit due to this course, not to forget the higher earning potential.

Benefits of Learning From Entri

Learning accounting can be a difficult task, but the rewards of mastering this skill can be invaluable. With Entri, you can learn accounting in an effective and efficient way to maximize the benefits of mastering this skill. Entri provides comprehensive and engaging courses that make learning accounting easier than ever before. With Entri, you can become an expert in accounting and unlock many potential opportunities. We offer

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