Are you looking forward to a solution to financial management for your business? Are you a commerce student looking forward to learning skills to increase your chances to get your dream position in your dream company? If you are a tax expert looking forward to mastering the new taxation system, then you are at the right place. In this article, we have shared the list of best certificate courses in finance accounting and taxation in India that will help you to excel in your career.
Learning accounting and taxation skills are super beneficial for people from commerce backgrounds and for budding entrepreneurs and businessmen. The demand for people fluent in the new taxation system along with accounting skills is on the rise. Small to medium size companies and businesses need people who can both manage their finances as well as align their finances with the new taxation system.
Budding entrepreneurs and businessmen can benefit by learning to supervise their own accounts without worrying about hiring an extra workforce. These certificate courses in finance accounting and taxation in India will help you acquire the knowledge required to manage both the accounting and taxation part of a business. But before diving into the list of best certification courses in India, let’s learn more about accounting and taxation.
What is Financial Accounting and Taxation?
Financial accounting is the way to document all the transactions a business has made over a period of time. A financial accountant has to manage all the financial records, accounts, sales records, tax filings, and other accounting tasks. And they work with various financial documents like balance sheets, cash flow statements, income statements, and other documents that represent a financial work of a business.
And the taxation system is the set of rules operated by the government and applied to all business transactions. The Government of India introduced a new taxation system in 2017. Although it is called one nation one tax, it has complexities that are not easily understood by common folks.
Businesses need qualified and well-experienced people to keep up with the taxation norms and keep their accounts under control. With that being said, no matter how large a business is, it requires people who are proficient in managing the accounting part of their work as well as aligning their finance with the taxation.
Although large corporations hire individuals for separate work, many small to medium-size businesses need people who are well experienced in managing both the accounting and taxation part of their business. Thus, with the help of these certificate courses in finance accounting and taxation in India, you will learn the skills and tools required to become proficient in both of these concepts.
Here is a Guide to Cost Management Accounting in India
Certificate Courses in Accounting and Taxation in India
1. IIM Skills
IIM Skills is the most renowned name in the digital education industry. This institute is a leading provider of digital skills. In their 5 years of career, they have trained more than 14,000 students to move ahead on the ladder of their careers. This institute offers educational courses in topics ranging from digital marketing to business accounting.
The best part about enrolling in this institute is that you get lifetime access to course material as well as lifetime support from teachers. All the courses are taught by industry experts who are up to date with the latest developments in their niche. Their BAT course is one of the best certificate courses in finance accounting and taxation in India that is available online and offers in-depth knowledge of these concepts.
This course is 4 months live course offering more than 120 hours of lectures and allowing you to work 60 plus hours on practical assignments. The curriculum of this course is divided into 6 modules, each module teaching various concepts of accounting and taxation in detail. In the first module, you will spend 25 hours learning the basics of accounting and accounting in Tally from basic to advanced.
In the next module, you will cover the basics of GST and GST in Tally. You will cover concepts like registration under GST, E-way bill in GST, recoding of GST entry in Tally, and GST filing. The third module will cover the basics of TDS and TDS in Tally, followed by module four which will cover the basics of payroll and payroll in Tally.
And then module 5 will in-depth cover Income tax with Tally. You will learn the basics of income tax with Tally and also learn the income tax e-filing. And in the last module, you will learn advanced excel and MIS reporting.
- Digital Marketing Course
- Content Writing Course
- Technical Writing Course
- GST Certification Course
- SEO Course
Udemy is a well-known platform for connecting teachers with students around the world. It has a vast database of thousands of videos taught by instructors at a reasonable price to learners all around the globe. All the courses provided on this platform are self-paced and have lifetime access. With so many certificate courses available on this platform, we have picked the best for you.
Complete Accounting and Taxation Course
This course is taught by a Tally authorized institute faculty. This course covers Tally prime, Income tax and TDA, GST, its concepts, and Double Entry Accounting Systems. Alongside the learning material, you will get to work on quizzes, assignments, and practice tests and get access to the soft copy of the learning material.
The series consists of 249 lectures worth 32 hours. This extensive course will help you to cover all the basics of accounting and in-depth lectures on Tally Prime. All the seven sections cover different aspects of accounting and taxation and cover each section in depth. From the downloading of TallyPrime to company creation to TCS Reports and Returns everything is covered in detail about TallyPrime.
If you want to extensively focus on TallyPrime, then this course covers all the features of Tally in dept. In addition to that, the teacher has covered GST concepts like knowing Pan Card Status, GST registration, GST returns, GST Tax computation, and GST Application for Refund in depth.
The taxation section covers the introduction of taxation to the complex concepts like a tax audit, how to file ITR, TDS on salary, and return status. Additionally, the instructor has offered a teaching a beginner to advanced MS Excel course.
Recommended Read: Business Accounting and Taxation Courses in India
3. National Institute of Financial Markets
National Institue of Financial Markets is a private vocational training institute. This institute focuses on various short-term job-oriented skills in the financial sector. They offer courses like the stock market, share market, tax-saving instruments, and other subjects like the forex market and insurance sector.
National Institue of Financial Markets offers a diploma in financing accounting, auditing, and taxation. The prerequisites to enroll in this course are candidates should have the minimum qualification of 10+2 or graduation and should be well-versed in using computers and MS Office. Their diploma course is best for students, entrepreneurs, and freelancers interested in getting their work better by learning more about accounting and taxation systems.
This course is 6 months long and is available in both weekday batches and weekend batches. The course is divided into 6 modules that cover the concepts like accountancy, GST, TDS/TCS, Tally ERP 9 with GST, Income Tax, and Auditing in detail. You will get trained by industry experts and receive a certification after completing the course. The teachers will guide you if you are interested in becoming a freelancer or starting your own business.
4. Edu Bridge
Edu Bridge is another institute that provides digital skills to youth to make them understand their strength and build future skills to excel in their lives. For more than a decade, this team of IIM alumni and professors has trained over 150,000 youth and helped more than 100,000 people to get successfully placed in companies across the country.
Edu Bridge offers a certification program in accounting and taxation with GST and Tally. This is an offline course that covers 300 hours of learning which includes concepts like bookkeeping fundaments, accrual accounting, ratio, cash flow analysis, stock valuation, Tally, GST, Payroll Taxation, and TDS. In this course, you will get hands-on experiences with various real-life-based scenarios, quizzes, and other practical homework on Microsoft Excel and Tally Prime.
Also Read: Financial Risk Management
5. University Programs
Many top colleges and universities in India are offering financial accounting and taxation courses. The duration of their course is 1 year. And the eligibility to enroll for this course is to have 50% plus marks 10+2 from a recognized board. The course is divided into two semesters.
In their certificate courses in finance accounting and taxation in India, you will learn the fundamentals of accounting and taxation, and learn how to incorporate Tally with GST, cost management, MS Excel, and other tools to enhance your learning and understanding of accounting and taxation.
Some institutes that offer degree and diploma courses in finance accounting and taxation are Maharishi Dayanand Vocational Training Institue, AKB Institue of Finance and Management, Nabari Commerce College, and Delhi Technological University. To learn more about the fee structure and course curriculum you can visit their respective websites.
6. Indian Institute of Skill Development Training
IISDT is a government-authorized assessment agency that helps in empowering youth with skills to scale their career. This authority has more than 750 courses available and has trained over 75,000 thousand students. It is a very cost-effective option out of the certificate courses in finance accounting and taxation in India.
IISDT offers a diploma in accounting and taxation. Their course is priced at 2,000 Rs. After completing the study material, you have to pass the online examination to receive the certification. This certificate is valid for a lifetime and authorized by a government body.
Recommended Read: Business Accounting and Taxation Course Colleges
7. Henry Harvin
Henry Harvin is another prominent provider of digital skills in India. They provide various programs that include skill programs, college programs, and corporate programs. They have helped more than 3,00,000 students to excel in their careers. Henry Harvin offers another good certification course of the certificate courses in finance accounting and taxation in India.
With the help of their course, you will learn the basics of accounting and taxation, learn about GST, income tax, business income, and taxation concepts and gain a deep insight into TCS and TDS. With their master’s faculty, you will gain worthy experience and will get.
Their certification course is divided into 6 modules that consist of a GST practitioner course, income tax course, financial statement analysis, advanced Tally ERP 9, advanced excel, and HR payroll management. And in addition to that, you will have access to two complementary modules that will teach you soft skills and resume writing.
1. What are the benefits of enrolling in certificate courses in finance accounting and taxation in India?
The certificate courses in finance accounting and taxation in India will help you to get well-rounded knowledge regarding accounting and taxation in India. If you are a commerce student or someone interested in working in the accounting sector in India, then these courses can help you a lot in your path to getting a job. Most of these courses have covered tools like Tally and Excel in depth which you will not find as thoroughly covered anywhere. And as an entrepreneur and business owner, these courses will guide you to handle the accounting and taxation of your business. Additionally, the teachers are knowledgeable and highly experienced that can help you solve your problems and guide you on your career path.
2. Can I learn accounting and taxation by myself?
Finance accounting and taxation are the important aspects of any business. Every business needs to take care of their financial expenditure, gains, losses and the taxes to be paid on their services and products. To learn these topics you have to be mindful to find the right tools and information that connect accounting and taxation together. It will take a lot of time to find good information on topics like Tally, Excel, accounting terms, and taxation and its terms. Although you can learn accounting and taxation by yourself, doing so will be full of troubles and can lead to a waste of time. But by enrolling in certificate courses in finance accounting and taxation in India you will get access to the comprehensive curriculum right under your fingertips. The teachers have organized the curriculum in such a way that it covers all the aspects of these topics and teaches you how to connect the dots. You don’t have to worry about finding resources on various topics, and the teachers will guide you through every stage of learning.
3. What is the scope of learning finance accounting and taxation in India?
People from a commerce background have a wide scope after enrolling in certificate courses in finance accounting and taxation in India. These courses will help you to hone skills that are required for you to become a financial analyst, tax analyst, or personal finance or tax consultant to businesses, entrepreneurs, or individuals. Businesses need people who can use digital tools to manage their business’s financial data and accounts. In addition to that, you can also opt to work as a GST practitioner. The introduction of the new taxation system in India has increased the demand for people who have mastered the new taxation system and can help companies and individuals manage their finances according to the newer taxation system.
4. Who can enroll for the certificate courses in finance accounting and taxation in India?
Although there is no strict prerequisite to enroll in certificate courses in finance accounting and taxation in India, these courses are ideal for people from commerce backgrounds. If you are a commerce graduate, a charted accountant, or a tax expert then these courses can help you add new skills to your armor and you can perform better in your career. Whereas, if you are an entrepreneur or someone looking to start a startup then learning accounting and taxation skills will help you manage your finances and taxes.
Accounting and taxation are part of every single business. No matter how large or small a business is, it has to keep records of its finance and pay taxes as per the taxation rules. People who are trained in both skills come in handy for businesses to manage their accounts and manage their tax filing and returns. Hence, for people who are studying in the commerce stream or are already working in jobs in the commerce sector, these skills are highly valuable for a long-term career.
And if you are a budding entrepreneur or a businessman, then you may not need to hire additional people to manage your business’s accounts. By enrolling in these courses you can acquire the required knowledge to manage your accounts. With the help of these finance accounting and taxation courses, you can master these skills. All of these courses are designed in a way to armor you with the essential knowledge and teach you all the necessary tools required to excel in this career.