Growth of Accounting Courses in 2019
Bright students look at careers in IT, engineering, technology,
medicine and management. Smart students look at accounting as a very
good career opportunity. Accounting courses are growing year by year
and with good reasons.
Recession affects commerce and industry
2019 seems to be a recessionary year. The auto industry in India is
in the doldrums and thousands of people have been laid off. This
happens to workers as well as engineers. The picture in the IT
segment is equally dismal. Downsizing is the trend and even
management personnel find themselves sidelined. In this scenario
those who take up engineering or IT or management studies face the
unpleasant reality of not being able to find jobs. Even if they do,
the pay scale is low and there is no job security. It is not easy to
gain admission to courses in medicine or for top management courses
but you can study accounting and land a job with job security. You
will never be out of work if you pursue a degree in commerce and
polish it with accounting courses in Ahmedabad.
Degrees in Commerce are not sufficient
Studies in commerce are simply inadequate. B.Com and M.Com degree
courses follow an outdated curriculum and go by the text book.
Practical, real life accounting in business is different. A degree in
commerce simply lays the foundation but to be able to handle
accounting work in business you must have specialized knowledge. That
is something you only get by joining accounting courses in Ahmedabad.
Commerce students know this and pursue such courses side by side or
once they have finished their graduation. They know that without this
specialized knowledge they are not likely to get a job or progress.
Taxation laws
GST has proved to be a headache for business enterprises and they
need a skilled, trained accountant with in-depth knowledge of GST.
Commerce graduates know about this and join accounting courses in
Ahmedabad in which they can gain detailed training on GST. Apart from
this income-tax is another area where laws are amended and an
accountant must have updated knowledge. It is not just fresh commerce
graduates or those who are studying for degree courses who join
accounting courses; even people who are working as accountants since
years join the course. They receive up to date training on current
taxation laws and practices.
You can get a job at different levels
Engineers can only work as engineers or they may work in other areas
where their skills are of no use and get less pay. The same happens
to management graduates or diploma holders. Recession has affected
jobs but even if companies cut down other jobs they will always need
accountants. You can pursue accounting course and gain basic
knowledge of Tally, for instance, and work as accounts clerk. You can
pursue advanced accounting and step up in your career. Business will
always need accountants so, if not in one company, you can get a job
as an accountant in another company and keep rising as you gain
better qualifications through specialized courses. Even if you do not
wish to be employed as an accountant you can always freelance and
have a dozen clients. An engineer, if he wishes to start a venture,
has to invest heavily. Accountants can simply use their skills and
knowledge and invest in a computer to get started.
An accountant is never out of work. Students are realizing this and
the smarter ones are opting to make a career in finance and
accounting, which accounts for the growth of accounting courses in
2019. This trend is likely to continue.
Source:
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