Choosing the right career after finishing class 12th is a tricky decision. With so many courses available online, it is difficult to choose what would suit us. Do not worry – we are here to help you choose the appropriate and right career. After passing class 12th there may be several courses, and among them, there is a course that is best suited for those who want to select commerce as their mainstream. The course that we are talking about is the business accounting and taxation courses in Trichy.
Since we are talking about business accounting and taxation, hence, in this article, we will be discussing its definition, scope of accounting and taxation, salary, eligibility, career options, what the course is about, and, the institutes that are offering business accounting and taxation courses in Trichy.
Coming to the definition, the first is the definition of business accounting – Business accounting is a process where the accountants maintain a track record of all the business operations. The accountants evaluate, document, and interpret all the financial documents.
Moving to the next – taxation – This process is followed by all governments of the world. In this process, a charge is levied on all citizens and companies of a country to generate revenue, which is then used in developmental activities.
Business accounting and taxation is a skill that has been in demand in the financial industry. As time went by, companies and businesses have required a person, who would serve them while fulfilling duties like tax filing, bookkeeping, and managing various accounts. To meet the demand, the courses like the BAT (Business Accounting and Taxation) have been formed.
Now, Let us Know the Functions or Roles that are Carried out by a Business Accountant and Taxation Professional:
1. Maintains Books of Accounts
In the future, you will have to keep and maintain a system track record of all transactions related to finance, inventories, receivables, payables, etc. This process helps a business or a company to ascertain its profit or loss, financial position, decision-making process, and future planning.
2. Internal Auditing
A business and taxation professional reviews accounts and internal systems daily to protect a company from fraudulent activities, funds misappropriation, check if there are errors in books of accounts, etc.
A business and taxation professional helps a person to pay taxes timely, file the tax payment documents, and file tax returns. Besides these, they also offer advice to organizations and individuals and tell them to make appropriate investments so that their tax burden is reduced.
4. Cost Accounting
In cost accounting, a company’s cost structure is examined by summarizing and analyzing the cost data. This process is necessary to control the costs and allocate funds appropriately to the different processes and activities in the company.
In management accounting, the company’s management is advised and the finances of the company are analyzed to have a smoother decision-making process, authority control, planning, etc.
Here is All you Need to Know About the BAT Courses in Trichy
The business accounting and taxation courses in Trichy aim to teach the students about the basic concepts of accounting, payroll rules, taxation, and as well as the important principles of economics. If you enroll for the BAT courses in Trichy, you are equipping yourselves with the integral knowledge and skills of managing a company circulating across various departments of accounting, taxation, and, sales.
Scope of Business Accounting and Taxation Courses in Trichy You Should Know
India is a large country that is still developing and has a rapidly growing population. Having said that, undoubtedly, its economy also is one of the biggest in the world and, that is why its financial industry too will continue to rise and expand. And, the demand for more employable professionals will only continue to rise.
The Indian middle class, which is expanding, is starting to appreciate the significance of financial planning, investing, and advice. One of the most popular courses in colleges around the nation is finance and taxation. To satisfy the growing demand, many educational institutions have now developed their courses in the area.
Students have the option to specialize in financial sectors, taxation, international and national tax, the Indian economy, and much more by pursuing a Certificate Course in Business Accounting and Taxation after graduating. After graduating from high school, taking this course will give students a strong basis for pursuing a Bachelor’s or Master’s degree in the field and a start in the financial industry as an intern or junior.
Before we start exploring the top 10 institutes that are offering business accounting and taxation courses in Trichy, we must learn the basic concepts of cost management accounting in India.
Most of the BAT courses in Trichy can be pursued after class 12th. However, some institutes require a post-graduation certificate to do this course.
Have a look at the other in-demand courses in Trichy
Career Options After You Complete Business Accounting and Taxation Courses in Trichy
After passing class 12th commerce, there are so many career options to choose from. One can choose Bachelor of Commerce (B.Com), Bachelor of Laws (LLB), Cost and Management Accountant (CMA), Chartered Accountancy (CA), Bachelor of Business Administration (BBA), Company Secretary (CS), Certified Financial Planner (CFP), and, Bachelor of Economics. But if your inclination is towards accountancy and tax then, pursue the BAT course. If you do this course, you would get the following roles:-
Auditing Assistant – As we mentioned earlier, as an auditing assistant or auditor, you will be auditing and verifying the accounts. You will also monitor, and assess the financial reports and ascertain that a company does not incur expenses beyond its limit. You will prepare financial reports, statements, and records. Apart from these, you will be helping the senior in the documentation process and suggesting auditing policies.
Accounting Assistant/Managers – As an accounting manager or assistant you will be supervising a company’s records and accounts. You will be asked to keep a check on the budgets, financial reports, and invoices. Moreover, you will also have to ensure that a company has sufficient reserve funds so that it can pay debts and taxes. This role has become the most sought-after career choice. Initially, you will be starting as an assistant and then after gaining a few years of experience, you can become a manager.
Finance Accounting Executive – After accounting assistant, this role has become another sought-after career choice. In this role, you have to control, manage and administer a company’s finances. Added with the role of forecasting, handling tax regime, and, drafting budgets. Lastly, the other responsibilities that you will be handling are scheduling reports and conducting an internal audit.
Tax Accountant – If you are aiming to be a tax accountant, let me tell you that this is a brilliant career option for you. A tax accountant does the following:
- Prepares income tax returns, reports, payments, and other necessary documents
- Evaluates and experiment with difficult tax problems to locate solutions.
- Handles and keeps the company’s tax records
- Finds out tax savings and offers advice to implement strategies so that profits can be boosted.
- Makes sure that we comply with regulations by sending the necessary information to federal, state, and local authorities
- Offers help and suggestions during auditing
- Scrutinizes tax rules and advises framework that reduces the tax burden
- Maintains records of industry trends and changes related to taxes.
- Prepares accurate monthly, weekly, quarterly, and year-end (annual) tax reports
Budget Analyst – As a budget analyst, you will have to prepare annual budgets for a company and keep a tab on the same. You will be determining a company’s budget for the next financial year.
Remuneration After Business Accounting and Taxation Courses in Trichy
The salary after doing BAT courses in Trichy depends on the post you are working in, the level, experience, the company you are working for, and your skills. Initially, the average salary you will be getting is between Rs 2 lakhs and if you keep on moving higher then, you will earn somewhere around 8 lakhs.
Top 10 Institutes for Business Accounting and Taxation Training Courses in Trichy
1. IIM Skills
One of the leading institutes that offer business Accounting and taxation courses in Trichy is IIM Skills. Known for its brilliant teaching method, IIM Skills’ BAT course provides a hands-on learning experience to make the students ready for a job. The curriculum covers A to Z of the Course principles in their business accounting and taxation courses in Tamil Nadu and Trichy.
Course Duration and Fees: The course duration is 4 months, while the course fee is Rs 49,900
BAT Course Highlights:-
- Lectures from mentors who are also industry-leaders
- Practically-oriented course
- Training sessions are live and intensive
- All session recordings are available on LMS
- Free demo class
- 100 percent placement assistance
Contact – Email Id: [email protected]
Other Related Courses by IIM Skills
This institute’s post-graduate Program in business accounting and taxation courses in Trichy has been designed by industry experts having years of experience in the financial domain. The course will help the students to get ready for the real world. Besides these, EduPristine’s course is also a hands-on and experiential learning program. The faculties are qualified, chartered accountants.
Course Duration: The course duration is three to four months
- Regular communication between faculty and students
- Industry faculties conduct live sessions
- Learning Management System (LMS)
- Assignments and projects are based on real-world
Contact – Email ID: [email protected]
Recommended Read: Business Accounting and Taxation Courses in Chennai
3. National Institute of Management & Business Studies (NIMB)
Called one of the best training institutes for Business Accounting and Taxation courses in Trichy, the NIMB course has been formed to impart the knowledge of financial accounting, taxation, accounting structure, and the financial position of a company or a business.
Course Details: The students get to learn concepts like tally, accounts, SAP FICO, Income Tax, GST, payroll, and Tally
Course Duration: The course lasts six months.
Email ID: [email protected]
- The certificate has been recognized by the financial industry
- Online classes
- Flexible timings
- Placement assistance
4. ICA Edu Skills
Recognized by the government of India, ICA Edu Skills offers quality short-term courses that guarantee a job offer. ICA Edu Skills provides the best classroom training and practical knowledge of business accounting and taxation.
- 100 Percent job guaranteed
- Interactive classes
- 80 percent of the training is practically based and 20 percent is a theory
- Top industry faculty to ensure high-standard education
- Wide career options in the financial sector
- Gain certification
- Industry-based course
Recommended Read: Business Accounting and Taxation Courses in Trivandrum
5. APG Learning
Founded in 2013, APG Learning was established to upskill, educate students and ensure sustainable socio-economic development. The institute provides various types of professional courses – be it long-term or short-term. The institute conducts workshops, and seminars to help the students get employed. Above 100,000 students all over the world have been trained.
Among several of its courses, the accounting, and taxation certified course is one of APG Learning’s best courses. In the course, the students get a thorough understanding of financing, tax (indirect, direct, GST), auditing, etc. The course covers important aspects like tally, basic accounting, excel, payroll, GST, and income tax.
Course Duration and Fees: – The course duration is 3 months and the fee is Rs 16500 including tax.
Email ID: [email protected]
- Online session
- Subject-matter experts teach the concepts as per the industry requirements
- 100 percent interactive class
- 100 percent hands-on learning experience
6. National Institute of Financial Market (NIFM)
Registered under section 1956 of the Indian companies act, the National Institute of Financial Market (NIFM) is one of the reputed institutes that provide short-term courses like the business accounting and taxation courses in Trichy. Due to its systematically designed curriculum, the institute has been able to expand its horizons across India. 15 centers have been established pan India.
Course Duration and Fees: The course duration is 6 months and the fee is Rs 45000 plus GST or Rs 55000 plus GST in four installments.
- Industry experts provide training
- 100 Percent Placement Assistance.
- Flexibility in the batch day and course timings
- 80 percent of the course is practical
Recommended Read: GST Certification Courses in Coimbatore
Having established itself as one of the most reputed online course providers, Udemy’s business accounting and taxation courses in Trichy are one course to look out for. The program is conducted by fully experienced mentors, who aim to provide quality education. Udemy’s courses are easily accessible and are highly diverse. The business accounting and taxation course aims to provide complete knowledge about accounting and taxation
Course Fees: The course fee is Rs. 8,640
- 32 hours of on-demand videos
- Full-time access to the course
- Attend classes on TV or mobile or tablet
- Get certified after course completion
- 30-day money-back guarantee
8. Tezpur University
Started by Swayam academy, Tezpur University’s BAT courses in Trichy aim to provide the students with complete knowledge of taxes and revenues. The students will have a great learning experience with the industry leaders and mentors. The faculty believes in imparting the basic concepts of the topic.
Course Duration: The course duration is 15 weeks approximately
- Free course study material and lectures
- Doubt clearing classes
- Online discussion forums
- Self-evaluation through tests and assignments
- Online video and audio lectures
- Quizzes to test knowledge
- Session recordings are available 24×7 and can be accessed at any time
Recommended Read: Online Financial Modeling Courses
9. City Commerce Academy
After starting in 1999, the City Commerce Academy has gone on to become one of the best professional training institutes with lots of experience and expertise to train the students in the accounting domain. The institute believes in providing quality education for accounting aspirants. The institute’s faculties have done proper research and editing before forming the BAT courses in Trichy. City Commerce Academy has four main courses and other short courses.
Course Duration and Fees: The course is held for a period of 40 to 50 days the course fee has been set at Rs. 10,800.
- Detailed and understandable class study material
- The projects are based on real-world
- All doubts and discussions are held on an online forum
- Online-video-based class sessions
- Students can view their video-based training in the Hindi language
- Get certified after course completion
- Classes are as per the latest trends
10. Henry Harvin Education
Known for providing quality education, Henry Harvin is one of the most renowned institutes that offer multiple courses. Henry Harvin’s business accounting and taxation courses in Trichy have become famous for their accessibility, material, and signature teaching method. The institute has risen to the top through multiple platforms.
Course Duration and Fees: The course is held for about 172 hours and its fee is Rs 34500
- Doubt clearing sessions are held while the course is running and also after it ends
- The course is practically oriented
- Help is provided so that one can develop financial strategies for your own business
- Intensive and interactive training
- CATP certificate is industrially known
- Free LMS software
- Bootcamp sessions are held every month
- Study material as per the latest industry trends
- Guaranteed Placement assistance
- Guaranteed internship by Henry Harvin
- Institute CATP entitled project help
- Interview help and guidance
- Gain alumni status
Now that we know about the institutes that are offering the best business accounting and taxation courses in Trichy, it is time for some questions and answers. Still, have doubts? Do not worry we are here to clear all your doubts.
Frequently Asked Questions
Q1. What is the BAT course?
The BAT course aims to teach the students about the basic concepts of accounting, payroll rules, taxation, and as well as the important principles of economics. If you enroll for the BAT course, you are equipping yourselves with the integral knowledge and skills of managing a company circulating across various departments of accounting, taxation, and, sales.
Q2. How can I apply for the BAT courses in Trichy?
You can directly visit the official website of any institute and fill out the application. Though, to apply for the BAT courses in Trichy, you need a graduation certificate. Not mandatory, yet if you have a graduation degree then it is good. Also, before filling out the form, kindly, inquire about the course. The counselors will surely help you.
Q3. Is the BAT course worth it?
If you want to pursue a career in the field of accounting, finance, or taxation, a BAT course will make you get ready for a job by making you aware of the three important and core sides of Commerce – Business, Accounting, and Taxation. Now, let us see what benefits you will be reaping through this course:-
Being a short-term course, the BAT course is perfect for those who are on the lookout for a job. It equips with the basic knowledge of accounting like System Application Product (SAP). The course is on the same level as that of an MBA or a CA. The course was formed to meet the high demand for accountants in India. Once you are equipped with the knowledge and concepts, companies like Genpact, Adobe, Bajaj, etc are hunting for knowledgeable youth. Besides the mainstream course, you will also be learning about financial reporting and auditing. This allows you to expand your career options.
In the end, choosing the right course is all on you. Since there are so many career options available in the market, you might get confused. If you get confused then do not worry. Do some proper research and then select the course that seems apt for you. Since we have guided you so far, why are you worrying so much? Just keep faith in yourself and especially in us. We already told you that if you like accounting and taxation so much then there is no course better than the BAT course.
Q4. Who can attend the BAT Courses in Trichy?
As we mentioned earlier, anyone can attend the BAT course. All you need is a bachelor’s degree. Irrespective of the streamline, the BAT course is applicable for all. However, few institutes may ask for a graduation certificate. You just need to inquire. If you have a graduation certificate then it is good for you. But if you do not have it, then also there is no problem.
We, therefore, hope that our blog post outlining the key components of a BAT course has given you a better idea of what it covers. Contact our mentors and counselors if you want to learn more about academic options in the sectors of business, taxation, and accounting but are unsure of where to begin. We will help you select a course that will enable you to pursue the broad field of commerce.