Whether you have your own business or work for a company, it is your responsibility to keep track of your company’s finances. Managing all the financial records and payroll responsibilities can be challenging even for someone with years of experience. Accounting and taxation are very crucial for constructing any new business or the existing one. They are the bedrock on which the business can stand erect and strong.

 

While there may be a delusion that no longer anyone wishes to study accounting, the know-how fundamentals of accounting can undoubtedly assist each individual. But Financial literacy could be very important for one to triumph in any business. At the same time, it is pivotal to have the right course to make sure we get the proper learning. To help you narrow down your options, we’ve compiled a list of some of the best Business accounting and taxation courses in Chennai. 

 

 

If you are thinking about a career in accounting or taxation, you will need to have a strong understanding of taxation law. This area of the law can be complex and ever-changing, so it is important to choose a course that will give you the skills and knowledge you need to be successful.

 

There are many different types of business accounting and taxation courses in Chennai available, so it is important to choose one that is right for you. You should consider your career goals and the specific needs of your chosen profession when making your decision. If you’re looking for business accounting and taxation courses in Chennai, you’ll be spoilt for choice.

 

The city is home to some of India’s top institutes, offering a wide range of courses at both the undergraduate and postgraduate levels. To help you narrow down your options, we’ve compiled a list of some of the best Business accounting and taxation courses in Chennai. Whether you want to study for a professional qualification or pursue academic research, there’s sure to be a course that meets your needs.

 

What is Business Accounting and Taxation?

 

Business Accounting :

It’s the method of accumulating and studying financial statistics on business activity, recording transactions, and generating financial statements. Business accounting is crucial for many reasons. Keeping tabs on all your securities, liabilities, inventory, and other information that assists you to secure your investors, shield your resources from theft and discover methods to develop your business enterprise and take it to the subsequent level.

 

Primary responsibilities of small business accounting consist of bookkeeping, composing and submitting tax returns, and drafting financial reports. Through business accounting, you could better control your budget to make sophisticated financial selections in your company. Many startups take on accounting themselves in the early stages to save money.

 

If you’re in the equal boat, you must have a strong grasp of business accounting basics. There are some business accounting fundamentals you need to apprehend to make certain your business operations run smoothly. While you will be a professional at sales or marketing, you should by no means undermine the significance of simple accounting. 

 

• Accounts receivable are debts by clients for any purchase of products or services they made, that are frequently indexed as a creditable asset due to the fact they’re legally obligated to pay.
• Accrual foundation accounting is an accounting approach wherein businesses apprehend revenues and expenses at the time of a sale.
• Assets are something your organization owns that has value, which includes bank accounts, bills receivable, inventory, furniture, equipment, and real estate.
• A balance sheet is a monetary record that serves as an image of your organization’s economic status at the end of a selected period. It consists of your business’s assets, liabilities, and shareholder’s equity.
• Cash basis accounting is an accounting technique wherein businesses understand a sale while the payment is received.
• Double-entry bookkeeping is a bookkeeping technique wherein accountants make entries for each transaction. There are corresponding aspects that should be equal, with one side listing debits and some other side listing credits.
• Liabilities are something taken into consideration as debt or monetary duty to a corporation, which includes bills payable, income taxes, wages, loans, and different accounts owed.
• The profit and loss statement, also called the income statement, reviews earnings, expense charges, and net income for a selected period.

 

Tax-

To run a nation appropriately Every government collects tax from their citizens while paying taxes to their government is now an important part of everyone’s life, no matter which country you live in. such taxes are collected in many forms such as direct tax/indirect tax state/central government taxes and many more types.

 

In simple words, Tax is a compulsory financial charge collected by every government around the world from both public and business organizations which later can be used for public works providing government facilities and infrastructure development. Taxation is used initially to raise earnings for government expenditures, though it can serve different capacities as well.

 

In state-of-the-art economies, taxes are the most important origin of governmental earnings. failing to pay the tax or refusing can lead to serious implications under pre-defined law. Both individuals or any business will have to pay certain taxes in many forms, these taxes are distributed into direct and indirect taxes depending on the nature of their payment methods to the tax authorities.

 

Here are a few other best courses in Chennai

• Digital Marketing Courses in Chennai
• Content Writing Courses in Chennai
• Technical Writing Courses in Chennai
• GST Certification Courses in Chennai
• SEO Courses in Chennai

 

 Classes of Taxes- Direct and Indirect Taxes

 

In the literature on collective finance, taxes have been arranged in various ways squaring to who pays for them, who bears the utmost burden on them, the line to which the burden can be shifted, and various measures. 

 

Direct Tax-

Direct taxes are types of taxes that are paid directly to the government by the taxpayer every year.

Examples of this type of tax are Income tax and Property tax.

Direct taxes can easily be estimated by the government in the sense of their direct connection to the registered taxpayer’s wealth and income.

 

Indirect Tax-

Indirect taxes are different from direct taxes and the way they are collected is based on the consumption of applied goods and services when they are bought and sold. Governments receive indirect tax payments from the seller of the goods and services and further the seller passes the taxes to the end-user.

 

Some examples of these types of taxes are vat, GST, Sales tax, etc. A good course will also provide you with practical experience, so you can put your new skills into practice straight away. Look for a course that includes internships or work placements as part of the program. This will give you valuable real-world experience and help you network with potential employers.

 

What are the Advantages of Doing a Business Accounting and Taxation Courses in Chennai?

 

Is there a  future scope for you in business accounting and Taxation? The answer is YES! The job opportunities available in these fields are immeasurable. After gaining proper knowledge in this field you can take up a job in both the private and government sectors. 

 

• You can find suitable jobs according to your educational background and previous working experience. 
• You can work in different fields such as government and private business organizations, the banking sector, colleges, universities, financial management companies, etc.

 

If you want to have your own business, you can start your startup. Whether you are just an amateur or a professional in the financial field, a certification course in business accounting & taxation will prepare you to grow in your chosen profession. Career opportunities for those with a business accounting & taxation course  can lead to various financial professions such as an :

 

• Accountant
• Tax Policy Analyst
• Cost Accountant
• Financial Analyst
• Forensic Accountant
• Employment Tax Specialist
• Personal Finance Consultant
• Risk Manager
• Systems Analyst
• Tax Accountant
• Treasurer

 

Role of a Tax Analyst:

 

• Preparing and submitting accounts and tax returns for the organization both quarterly and annually.
• Advising the business head about business plans, investment opportunities, etc.
• Assisting the clients with financial and income tax statements.
• To develop or plan a strategy for either the business or the client to minimize the income tax.

 

Role of a Business Accountant:

 

• Provides valuable financial information to business management by researching and analyzing accounting data & preparing reports.
• Record financial transactions by entering account information.
• Recommends financial actions by analyzing accounting options.
• preparing the current financial status of an organization by collecting information, preparing balance sheets, profit and loss statements, and other reports.
• Developing and advising policies and procedures to Maintain accounting controls swiftly.

 

What is the Salary Scope after  Completing a Business Accounting and Taxation Courses in Chennai?

 

In India, the typical wage of a tax analyst is between Rs. 4 to 6 lacs per annum whereas abroad, you’ll be able to earn an average salary of over $60 k per year. As a business Accountant, you can get a salary package between Rs.3 to 5.5 lacs annually and as a Senior Accountant, you can earn a salary package of higher than Rs. 6 lacs per annum. expertise counts in these fields, the more you will get practiced in these fields’ the higher salaries you may get.

 

Check out the best Business Accounting and Taxation Courses in Tamil Nadu

 

Below is the list of 7 Business accounting and Taxation Courses in Chennai:

 

If you are looking to pursue a career in accounting or taxation, Business accounting and taxation courses in Chennai are the places to be. With some of the best institutes in the country, the city has everything you need to get ahead in this field. Here are some of the best BAT courses in Chennai that you won’t want to miss out on.

 

Rank# 1. BAT Courses in Chennai

 

1. IIM Skills

 

In the area of professional education, IIM Skills stand at the top with its unparalleled expertise in the course they provide. Their BAT courses in Chennai offer a comprehensive training program and extensive course to give you real-time insight and information about the accounting and taxation industry.

 

With this course, you will be acquainted with the latest challenges of the financial industry and prepare yourself to tackle those real-world challenges. The course is designed for both recent commerce graduates and working professionals such as MBA, CA, and financial experts to upgrade their skills in the basics of accounting and taxation.

 

The trainers at IIM Skills have their expertise in the particular domain and assist each student to expand their knowledge about business and taxation. At IIM Skills, you will get to work with the leading edge financial software and how to use those tools precisely to maximize your potential outcome in real-time.

 

• Advanced Excel
• Quickbooks
• Tally
• BUSY

 

BAT Course Syllabus:

The business accounting and taxation courses in Chennai  consist of 5 modules as mentioned below:

• Basic Accounting Fundamentals and accounting In Tally
• Basics of GST & GST in Tally
• Fundamentals of TDS & processing  Of TDS in tally
• Payroll basics and processing with Tally
• introduction to Income Tax & Configuring Income Tax in Tally
• Advanced Excel with MIS reporting and financials

 

Course Fee: Rs. ₹49,900 +18%GST

Course Duration – 4 Months 

Eligibility: A bachelor’s degree in commerce or related field from a recognized university.

 

After course completion, you will get a certificate of completion from IIM Skills.

Other Courses

• Digital Marketing Course
• Content Writing Course
• Technical Writing Course
• GST Certification Course
• SEO Course
• Financial Modeling Course

 

Rank# 2. BAT Courses in Chennai

 

2. Udemy

 

Their complete Accounting & Taxation Course is a must-have Course for Accounting, Financial, MIS, Data Analysis, Tax Professional, Auditors & Business Management Sectors. The trainer for the course is also the  Chief Faculty at Tally Institute of Learning. It’s the most affordable compared to other Business accounting & taxation courses in Chennai provided online.

 

The Educator is a Corporate Trainer with more than 6 Years of Training Experience in various technologies. He specializes in Tally, Focus, Wings, SAP, IBM Rational Tools, and HP Testing Tools.

 

Syllabus :

• GST & GST Portal Concepts
• Income Tax & TDS
• Double Entry Accounting Systems concepts
• Tally – Introduction, History, Advantages
• Important  Rules of Accountings

 

You, Will, Learn How to Use  Tools Such as:

• TallyPrime
• ms excel

 

With this course, you will get a trainer who is an expert in the field of tally & a GSTN-recognized tax practitioner. All topics were covered from the basics of accounting, GST, and Taxation to the advanced ms excel thoroughly. All classes are conducted on a licensed version of the tally with real-time data.

 

All the case studies about accounting and taxation are explained as per the industry demand. Additionally, you will get quizzes, practice tests for individual chapters and reference questions, and soft copy materials. After taking these courses and lots of practice a Student can handle All books of Accounts & GST taxation in real-time.

 

Course Fee: Rs. ₹2,299 ( Inclusive of taxes )

Course Duration – You will get 32 hours of pre-recorded on-demand video  supported on both mobile and pc  with lifetime access 

Eligibility: The course is for Commerce graduates and any candidate with a bachelor’s degree in commerce or related field.

 

After course completion, you will get a certificate of completion from udemy.

 

Must Check Business Accounting and Taxation Courses in Trivandrum

 

Rank# 3. BAT Courses in Chennai

 

3.EduPristine

 

EduPristine is one of the leading brands in the international accounting and finance courses domain. All the faculties are industry experts and completely knowledgeable. They are very supportive and the support team helps you in every manner. They are good with Placements, soft-skill development, and complete steps towards career development.

 

Their Business accounting and taxation courseS in Chennai provide the students with a hand on practical knowledge, not the theatrical knowledge which only helps you to memorize things.

 

You will be engaged in soft skills training and the topics of the BAT courses in Chennai will prepare you to get industry-ready knowledge about accounting and taxation. If you are looking for professional certification in business accounting and taxation courses in Chennai, you could consider EduPristine.

 

Syllabus:

• Basics of Accounting principles and  Accounting in Tally
• Basic of GST and Tally
• Direct Tax and Tally
• Payroll and its components
• MS Excel and MIS
• Finalization of Financial Statements
• BUSY Software
• SAP
• Soft skills

 

You will learn how to use BAT software & tools in class during the course duration such as:

• MS Excel
• SAP
• Tally
• BUSY

 

EduPristine offers both online and classroom learning. 

 

Course Fee:  Rs. ₹54,100 ( Inclusive of taxes )

Course duration – 5 Months 

Eligibility: The course is beneficial for freshers and any candidate with a bachelor’s degree in commerce or related field.

 

Rank# 4. BAT Courses in Chennai

 

4. Synergy SBS

 

Synergy School of Business Skills is a part of CADD Centre and India’s largest network of management training institutes dedicated to providing short-term courses for both recent graduates as well industry experts. Their BAT courses in Chennai are designed for commerce graduates and working individuals whose core area of interest is finance and taxation.

 

You will get practical income tax training and recent Industry endorsed curriculum Case studies for real-life accounting and taxation by industry experts. They have 100% placement assistance with their bat course program.

 

Syllabus:

Synergy Business Accounting and Taxation courses in Chennai are designed with 5 modules:

• Practical Accounting
• Advanced Excel
• Payroll Management
• Goods and Service Tax
• Income Tax

 

Course Duration – 2Months 

Eligibility: The course is for Freshers looking for a job in the Accounting & Taxation Sector or for B.com / B.B.A / MBA / M.com/Any commerce graduate students.

 

Also Read: Business Accounting and Taxation Courses in Coimbatore

 

Rank# 5. BAT Courses in Chennai

 

5. ICA Edu Skills-

 

ICA Edu Skills is India’s leading institute for finance, accounting, and other job-oriented courses. They offer best-in-class as well as an online training program with training and placement service at a most affordable fee to minimize unemployability in India.

 

ICA Edu Skills gives you access to one of the best Business accounting and GST taxation courses in Chennai. They have the best in – the industry faculties and their classes are based on 80% practical hands-on training methods.

 

Syllabus:

• Business Accounting
• Tally Prime
• Business Communication
• Direct Tax
• TDS
• Goods and Service Tax (GST)
• Advanced Accounts

 

The students can either choose online sessions or classroom learning methods. They give a 100% placement guarantee after course completion.

 

Course Fee: Rs. ₹17000+/

Course duration – 2 Months 

Eligibility: 12+/Graduate

Rank# 6. BAT Courses in Chennai

 

6. Sai Infosys

 

Sai Infosys is one of the best institutes providing BAT courses in Chennai. It has experienced trainers who are experts in the accounting and taxation field for many years. The Financial courses provided by them give the student 100% industry choired knowledge and make them specialized in the financial accounting sectors.

 

It has the flexible timings and training modules as a student can expect. You will get 100% placement assurance in good trading and manufacturing companies in Chennai after course completion.

 

Syllabus:

• Basic Accounting.
• Basics Of Tally.
• Inventory Basics.
• Voucher Type Creations & Accounting Vouchers.
• Inventory Management.
• Gst – Goods And Service Tax.
• Tds – Tax Deducted At Source.
• Payroll & Taxation
• Reports.

 

The training provided by them is both online & classroom-based and they have a 100% job guaranteed course curriculum after completion.

 

Course Fee: Rs. ₹6000+

Course duration – 2 + Months 

Eligibility: This course is beneficial for both the commerce graduates and working professionals in the financial sector.

 

Also Read: Business Accounting and Taxation Courses in Trichy

 

Rank# 7. BAT Courses in Chennai

 

7. Henry Harvin Education

 

Henry Harvin is a well-established training institute in India for its quality education programs and upskilling your career. Their Business accounting and taxation courses in Chennai contain every crucial aspect of accounting from GST taxation to TDS which is of vital importance to any financial business operation in India.

 

The course is crafted for professionals who dream to build a successful career in accounting and taxation. The trainers for this course are industry experts and working CAs. you can clarify your doubts in every class and the practical training provided can be applied to every real-world taxation problem.

 

Syllabus:

• GST Practitioner
• Income Tax Course
• Financial Statement Analysis
• Advanced Tally ERP9
• Advanced Excel
• HR Payroll Management
• Complimentary Module 1 – Soft skills Development
• Complimentary Module 2 – Resume Writing

 

100% Placement Guarantee Support for 1-Year post successful completion of the course. you will get a CATP certificate, industrially acclaimed on completion of the Course, and a Free 1-year subscription to Henry Harvin LMS software.

 

Course Fee:

 Self-paced Course – Rs. ₹31050 /-

Live online classroom – Rs. ₹34500 /-

 

Course Duration – 172 hours.

Eligibility: The course is beneficial for both the commerce graduates and working professionals in the financial sector.

 

Frequently Asked Questions-

 

Q-1. Which are the Best Business Accounting and Taxation Courses in Chennai?

Answer- Though there are many institutes mentioned in the above article, IIM Skills Business accounting and taxation courses in Chennai is the best one for you in terms of quality teaching systems and expert trainers.

 

Q-2 What is the course duration of a bat course?

Answer –  The duration of the course varies from one institute to another. On an average scale, the duration of the BAT course is 2-4 months and it depends on the students’ learning pace.

 

Q-3 What are the job scopes after completing the bat course?

Answer- Yes after completing every aspect of the course through intensive training and practical knowledge about how accounting and taxation work in the real world you can choose favorable job positions for you from tax consultants to financial managers based on your previous expertise.

 

Q-4  What salary can I expect after completing the bat course?

Answer – It’s totally up to you how much knowledge you have apprehended throughout the course and how much previous experience you have in the financial industry but for the basics, you can expect a salary between 3-8 lakh per annum as a beginner.

 

Q-5 Which is better online or offline bat course?

Answer – In offline courses, you need to be physically present in a certain institute which is not preferable for many students nowadays but with an online bat course you can do it from anywhere and anytime with LMS provided. It’s far more flexible than classroom training and much more affordable.

 

Conclusion:

 

Accounting and taxation are crucial factors for the growth of any commercial enterprise be it small or big. And in case you are a person who aspires to make their niche in the world of business and climb up the corporate ladder, then it’s far crucial to gain your skillset to put your best foot forward. Upon completion of the course, one gets to apprehend numerous principles such as taxes, filing returns, the idea of goods and service taxes, how the Indian economic system functions, and what inputs may be provided to improve the economic function of a specific company. Being a professional in the finance and accounting area opens new doorways of possibilities for you as you’ve got an improved chance of securing a high pay job. Although commerce graduates and college students having a fundamental understanding of accounting are preferred, the course may be undertaken by anyone.