Q: What are the popular international accounting courses and certifications?
A: Some of the popular international accounting certifications include Certified Public Accountant, Chartered Financial Analyst, Chartered Global Management Accountant, Certified Management Accountant and Certified Financial Services Auditor.
Q: How many accounting specialisations are there which I can choose?
A: There are several accounting specialisations to choose from to carve a niche in this field. One can choose a specialisation among, cost accounting, tax accounting, financial accounting, auditing, forensic accounting and management accounting.
Q: What are the four types of accounting?
A: The four types of accounting include Corporate Accounting, Public Accounting, Government Accounting and Forensic Accounting.
Q: What are the main branches of accounting?
A: The main branches of accounting Financial Accounting, Cost Accounting, Auditing, Managerial Accounting, Accounting Information Systems, Tax Accounting, Forensic Accounting, Fiduciary Accounting, Fund Accounting and Government Accounting.
Q: Can I pursue an accounting course without studying Maths in HSc?
A: There are some accounting courses that one can opt for without studying Maths, but in that case such courses require the candidate to complete a foundation course in which fundamentals of Mathematics is taught. However, it is always advised to study Maths up to 10+2 level for a career in accounting.
Q: What are the jobs one can get after an accounting degree?
A: After completing an accounting degree one can get entry level jobs such as accountant or accounts executive. After completing a PG degree, one can get managerial roles in accounts and finance departments. After completing a professional accounting course, one can join accounting firms as consultant.
Q: Which are the accounting courses I can opt for in graduation?
A: At graduation level one can opt for BCom in Accounting & Finance, BCom in Accounting & Taxation and BBA in Accounting & Finance.
Q: What is CMA course?
A: CMA or the Cost Management Accounting course is a certification programme offered by the Institute of Cost Accountants of India. The course is similar to other accounting and finance courses such as CA, CS, CFA where in candidates have to complete three levels to gain the professional certificate.
Q: Which are the top companies that hire accounting degree holders?
A: Some of the top companies that hire accounting professionals in various job roles include PricewaterHouseCooper, Deloitte, Ernst & Young, KPMG, Grant Thorton, Quatrro and Mindspace Outsourcing Services Pvt. Ltd., among others.
Q: What is the average salary of financial analyst in India?
A: The average salary of a financial analyst in India is Rs 4.12 lakh per annum at entry level. As one gains experience and acquires more skills in this functional area, their salary package increase multifold and can reach up to Rs 8-12 lakh per annum.
Q: What are main accounting subjects taught during the UG course?
A: The four main accounting subjects are Finance, Accounting, Management and Economics. These subjects and their topics are taught in depth basis the branch and specialisation of the particular accounting course.