What Are the Requirements for a Career in Accounting?

-

A career in accounting is always in demand. More and more students are choosing accounting courses in further education. As every business needs accountants for financial management, a career in this field will be beneficial. However, there are certain requirements to achieve before becoming successful in this field. 

Want to explore the prime requirements of a career in accounting? 


Read on to get your answer. Here you will get to know the essential information for a successful career in accounting. 


A bachelor's degree in accounting is a minimum requirement to start a career in the field. You can also opt for getting further education in higher degrees like masters or even Ph.D. in accounting. Besides, there are also certain certification courses or diplomas available to master the skills in accounting. 


In general, diploma courses in accounting & finance are of a duration of one year, while bachelor's courses are three years long. Here are some popular bachelor's degree in accounting; acc

  • B.Com Accounting & Taxation 

  • B.Com in Accounting & Finance 

  • Bachelor of Commerce in Accountancy 

  • BBA in Accounting & Finance


Now let's focus on accounting certifications and licensure courses available for students. 


Accounting certification courses help prepare individuals for a career in accounting while mastering accounting skill sets. These certification accounting classes enhance career opportunities and raise pay grades. The list below mentions various certifications and licensures. 


CMA - Certified Management Accountant 

CMAs assure a business's well-being from an accounting and imperative management perspective. A CMA certification is especially valuable for corporate and risk management analysts. Getting a CMA certification usually requires a bachelor's degree.


CFP - Certified Financial Planner

CFPs focus on client budgets, finance strategizing, and implementation. Wealth management or financial specialists consider CFP certification an invaluable asset. Before taking the CFP exam, you should have completed your bachelor's degree. 


In addition, there are professional certification courses available from the reputed institutes. For instance, CCA (Certified Corporate Accountant) is a perfect course to build a strong career in Accounting. Similarly CC-GST

(Certificate Course on Goods & Services Tax) is also a perfect blend of essential learnings and understanding of comprehensive industry trends. 


Want to sharpen your skills for a career in accounting?


Munimji offers personalized coaching and certification courses on various subjects of accounting. The institute aims at offering the best learning career in accounting is always in demand. More and mg experience for the students, which will help them step forward for a better career. The accounting classes at Munimji keenly emphasize practical learning from industry experts. This essentially helps students to master the skills of accounting and build a strong career. 

Source - What Are the Requirements for a Career in Accounting? 

Comments

Post a Comment

Popular posts from this blog

Why should every entrepreneur create an accounting cheat sheet?

-
Studies have already proved that most of the entrepreneurs fail to keep their businesses floating due to issues with their business idea ( lack of innovation ) and, of course, finances. Small firms, start-ups often operate without an in-house finance or accounting team. Driving the organization without an accounting professional is just like flying an airplane without a proper navigation system in place. Accounting offers a financial picture that helps you understand how well your organization performs, what the firm owes, and what it owns at the given point in time. Such a financial summary helps in understanding the firm’s future funding needs. Accounting chart or sheet  Accounting does not mean spending hours going through stacks of financial documents. There are several software solutions like Zoho Books, Quickbooks, Tally ERP9, and NetSuite ERP, etc. that help in tracking all the financial transactions of the firm. These systems also help in generating reports that are cru
Read more

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 co
Read more

What is the meaning of TCS return in the GST?

-
Image
Since its introduction in July 2017, the Goods and Service Tax structure has seen several small and significant changes. Too many complications still make it necessary for businesses to seek help from tax experts. TCS or tax collected at source is one of the most discussed and complicated aspects within the GST. Here’re the key factors that you need to know about TCS.  Tax collected from suppliers at source Electronic Commerce Operators have to fulfil the necessary obligation of collecting tax at source from the suppliers of goods and services under Section 52 of the GST Act. The tax collected at source is referred to as TCS. At present, the TCS deducted needs to be one per cent of the net value of goods.  Simply put, the tax is collected on behalf of the suppliers and is paid to the government.  It applies to all the suppliers (revenue exceeding twenty lakhs per annum) who provide products and service to the e-commerce portals.  In their recent notification, th
Read more