In simple way we can say that, accounting helps in recording, classifying, analyzing, and summarizing the overall financial transaction of a business. It is the backbone of every business economy. It analyses the overall profit and loss of any production company and we can say that accounting is the language of business which helps the company to make its economic decisions.
Accountant is a much respected profession in the world, and every company or industry needs an accountant to manage its accounts. It always remains in demand.
Jobs & Responsibilities of an accountant:
Manage day to day transactions and record them in balance sheets,
Securing the important financial information in database backups,
Keeping the important information confidential,
And more related to financial and management of industry
Job opportunities after completing professional accounting courses:
Accountants are needed in every industry and also a much respected position. You can reach to the executive level from entry level. It plays a very important role in managing financial transactions of any business. In this profession you can start up with a good salary. In India, the salary of a junior accountant starts from Rs. 15,000 to Rs. 20,000. You get handsome salary package after having years of experience in this profession.
How to start career as an accountant:
If you want to start your career as an accountant, you need bachelor’s degree in accounting. It will help you to get a job as a junior accountant. Then you can pursue higher degree courses such are diploma courses and masters in accounting.
Detailed information about courses:
Minimum qualification to get enrolled with undergraduate course of accounting:
10+2 in commerce ( with math, economics and accounts)
Bachelor’s degree courses:
BBA in accounting – it is a 3 years course
Bachelors of commerce n accounting and finance – it is also a 3 years course
B.com in accountancy – 3 years course
B.com in accounting and taxation – 3 years course
Master’s degree course:
M.com in accounting and auditing – 2 years
MBA in accounting and finance -2 years
Diploma course in accounting and finance – 1 year
Post graduation diploma in computer accounting and auditing – 1 year
Skills you need to be an accountant:
You should understand the accounting procedure
Knowledge of all accountancy software,
Good communication skills,
Knowledge of accountancy,
Ability to work for long time in the computer surrounded area
Not only in India but you can also apply for these courses in other countries to get more job opportunities in abroad. There are many universities in India and abroad which offer you great diploma and degree courses with excellent job packages.
Procedure to take admission in colleges and universities-
You have an abundance of reputed colleges offering undergraduate and post graduate diploma and degree courses in commerce.
Admissions are on the basis of basic entrance exams conducted by the universities and colleges. After clearing the entrance exam you get the admission. Many colleges conduct their own entrance exam for providing admission to students.
Along with universities and colleges, there are many private institutes who serve you many specialization courses of accountancy with many more courses in commerce.
You can also get GST Training to work on today’s accounting era. This is newly introduced tax law that you need to understand.