Introduction Accountancy refers to describing, entering, examining and explaining the financial significances to the administration about the business...
Accountancy refers to describing, entering, examining and explaining the financial significances to the administration about the business transactions. The function of accounting executives is to provide important information so to enable businessmen to understand the progress of their businesses. Accountants are the people who are responsible of inspecting and accounting the financial activities of a business. Accounting activities includes payroll, tax compliance, overseeing books etc. If one is good in dealing with calculation than they can make their career in accounting courses.
In present era, students opting for a career in accounting are increasing, and who are already in this field, are looking forward to develop their skills by entering themselves into different professional courses. Accounting MBA is the perfect alternative for people who want to create their identity in accounting. It is the ideal way to make career in accounting. The accounting MBA program also has many other related career fields such as financial management, accounting, accounting administration, etc.
Nature of the Work
The nature of work for the people who choose their career in accounting vary according to their post. They ensure that the Nations firms run efficiently, the records maintained accurately, and its taxes are paid on time. Accountants and Auditors proceed to hold all the fundamental tasks of the occupation analyze, and verify financial documents in order to provide information to clients.
In the private sector, management accountants record and analyze the financial information of the companies. Other work includes budgeting, performance evaluation, cost management, and asset management. However, Government accountants and auditors observe and analyze government records. Those who work for the Federal Government work as Internal Revenue Service agents or in financial management, financial institution examination, or budget analysis and administration.
Accounting field demands hardworking and trained professionals. This is proved as a popular career options for many job aspirants. Career in accounting creates many job opportunities for people. Individuals with professional qualification in accounting MBA have several job opportunities for working as managers. An accountant usually works in one of four major fields.
Public Accountant: Those people who work as public accountants work with various different clients on their accounting needs. One might work as a consultant. One can also work for a business firm that provides accountancy services to the public. As a public accountant you will focus primarily on tax functions and auditing.
Private accountant: In this field accountants work with a company as a cost accountant or junior internal auditor. If one works for a corporation as a private accountant than one can advance through the corporation
Government Accountant: In the government sector one can work in a variety of government branches like the Internal Revenue Service or Department of Defense.
Internal Auditor: One will be carrying audits to check compliance with accounting laws and to make sure that accounting information systems are up to standard.
The accounting courses include study of auditing, cost accounting, corporate and individual taxation. The courses are a 4 year degree program. There are many accounting courses online programs. Accounting Courses are the mostly widely available and offer many job opportunities.
Bachelor of Commerce
After pursuing this degree one will be eligible for higher academics in accounting like cost accounting or chartered accountancy courses.
1) Certificate Course on Enterprise Risk Management
2) Certificate Course on International Financial Reporting Standards
3) Certificate Course on Derivatives
4) Certificate Course on Valuation
5) Certificate Course on Arbitration
6) Information Systems Audit
7) CPE Course on Computer Accounting and Auditing Techniques
8) Management Accountancy Course
9) Corporate Management Course
10) Tax Management Course
The qualification needed to build career in accounting is that one should pursue a graduate degree. One who is B.com graduate is best for this course.
Colleges, Institutions and Universities
1) Jagannath International Management School
Address: MOR Pkt. 105, Opp. Nehru Place Bus Terminal, Near Kalkaji Police Station Delhi
Phone No: 011-26442957-59, 26232914
2) Calicut Branch of SIRC of the Institute of ICAI
Address: Cherootty Nagar, Eranhipalam (P.O.) Calicut, Kerala
Pincode: 673 006
Phone No: 0495-770124
3) Farook College
Address: P.O. Farook College, Calicut, Kerala
Pincode: 673 632
Phone: 0495-440747, 440061
4) G.S. College of Commerce & Economics
Address: Civil Lines Jabalpur Madhya Pradesh
Phone No: 0761-2320551
5) Chikitsak Samuha’s S.S. & L.S. Patkar College of Arts & Science and V.P. Varde, College of Commerce & Economics
Address: S.V.Road (West) Goregaon (West), Mumbai
Pincode: 400 062
Phone No: 022-28723731
6) Bhavan’s Vivekananda College of Science, Humanities and Commerce
Address: Secunderabad Andhra Pradesh –
Pincode: 500 094
Phone No: 040-7111611, 040-7115878
9) Deshbhakt Ratnappa Kumbhar, College of Commerce
Address: 649,’C’ Ward, Near Azad Chowk, Kolhapur Maharashtra
Pincode: 416 002
Phone No: 0231-2641224
10) Jamshedpur Branch of C.I.R.C. of the ICAI,
Address: Room No. 20, RMCE, Jubilee Road, Jamshedpur
Pincode: 831001 Jharkhand
Phone No: 0657-223303, 224670
11) Goenka College of Commerce and Business Administration,
Address: 210, B.B. Ganguly Street, Kolkata
Phone No: 033-22412216
12) St. Xavier’s College,
Address: 5, Mahapalika Marg, Mumbai
Phone No: 022-22620662
Some useful websites: