Accounting and Auditing: Are you interested in pursuing a career in Accounting and Auditing? As the field continues to evolve and grow, the need for skilled professionals in this area remains high. Organizations across all industries require accurate financial records, creating a constant demand for qualified accountants and auditors.Â
Accounting is crucial for ensuring transparency, aiding in strategic decisions, and adhering to regulations. With its significant role in business and its reputation as a prestigious and well-compensated profession, gaining expertise through specialized courses can be highly beneficial.Â
These courses cover a range of essential topics, including financial accounting, legal aspects, and international standards. To assist you with this career path, we’ve compiled a list of the 7 best Accounting and Auditing courses in India for 2024. These courses offer both theoretical knowledge and practical skills to enhance your expertise in this vital field.
Top 7 Accounting and Auditing Courses in India
To excel in the ever-evolving field of Accounting and Auditing, choosing the right course is essential. Here are the top 7 Accounting and Auditing courses in India for 2024, each offering valuable skills and knowledge to advance your career:
1. Certification Program in Finance, Tax, and Accounting (CPFTA) on PW Skills
PW Skills, in partnership with PwC India, offers a 4-month certification program in Finance, Tax, and Accounting. This course is perfect for beginners and young professionals looking to enhance their knowledge and skills in the finance sector. The course is designed to cover key concepts in accounting and auditing, with a focus on finance and taxation.
CPFTA Eligibility Criteria:Â
- The course is open to students pursuing graduation or those who have already graduated. While a basic understanding of finance and accounting is helpful, it is not mandatory.Â
- The program is ideal for both beginners and those with some prior experience.
CPFTA Career Growth:
After completing this program, you’ll be ready to take on roles in various finance-related positions such as Accountant, Financial Analyst, Tax Consultant, Corporate Finance Executive, or Financial Planner. The course also prepares you for real-world challenges through case studies, industry tools training, and expert mentorship.
Average Salary of CPFTA:
Certification Program in Finance, Tax, and Accounting (CPFTA) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 6 to 8 LPA |
2. Chartered Accountancy (CA)
Chartered Accountancy (CA) is one of the most prestigious qualifications in Accounting and Auditing, recognized globally. This professional certification is designed for individuals who aspire to excel in accounting, auditing, taxation, and financial management. The CA course provides comprehensive knowledge and skills needed for various financial roles, making it a highly esteemed qualification.
CA Eligibility Criteria:
To enrol in the CA program, you must have completed your 12th grade or an equivalent qualification. The course is structured into three levels:
- CA Foundation: Open to students who have completed their 12th grade.
- CA Intermediate: Requires completion of CA Foundation or a graduation degree for direct entry.
- CA Final: Requires successful completion of CA Intermediate.
The CA course generally takes about 4.5 to 5 years to complete, including the necessary practical training, known as articleship.
CA Career Growth:
Chartered Accountants (CAs) can work in various roles, including financial management, auditing, and advisory services. They have opportunities in both private and public sectors, contributing to financial transparency and strategic decision-making.
Average Salary of CA:
Chartered Accountancy (CA) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 6 to 8 LPA |
3. Certified Public Accountant (CPA)
The Certified Public Accountant (CPA) credential is a prestigious qualification awarded by the American Institute of Certified Public Accountants (AICPA) in the US. This internationally recognized certification covers advanced topics in Accounting and Auditing, including laws, taxation, and financial principles. Earning a CPA license qualifies you as a specialized accounting professional and opens up numerous global career opportunities.
CPA Eligibility Criteria:
- To take the US CPA exam, candidates need 120 credits, which can be obtained through a combination of graduation and one year of postgraduate study.Â
- To obtain the CPA license, 150 credits are required, usually achieved through graduation and a full postgraduate degree.
CPA Career Growth:
The CPA credential is globally acknowledged, offering career opportunities in multinational companies and businesses. CPA holders can work as accountants, public accountants, and cost accountants in various high-profile firms.
Average Salary of CPA:
Certified Public Accountant (CPA) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 6 to 8 LPA |
4. Certified Management Accountant (CMA)
The Certified Management Accountant (CMA) is a highly respected international certification offered by the Institute of Management Accountants (IMA). This certification is specifically designed for professionals in Accounting and Auditing who want to specialize in financial management and strategic management. The CMA course provides applicants with the necessary abilities to flourish in management professions within the accounting and finance industries.
CMA Eligibility Criteria:Â
- Students can start taking the CMA exams as early as their first year of college. However, to obtain the CMA certification, candidates must complete their graduation.Â
- The course duration varies, typically ranging from 6 months to 4 years, depending on the individual’s pace of study.
CMA Career Growth:
The CMA certification is recognized globally, offering vast career opportunities in management accounting. Certified CMAs can pursue roles in financial institutions, banks, auditing firms, and other industries, where they apply their expertise in strategic financial management.
Average Salary of CMA:
Certified Management Accountant (CMA) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 7 LPA |
5. B.Com in Accounting and Finance
Bachelor of Commerce (B.Com) in Accounting and Finance is a three-year undergraduate program that provides a solid foundation in accounting principles and financial management. This course is ideal for students who want to build a career in Accounting and Auditing, equipping them with the essential skills needed to manage financial records, analyze financial statements, and understand the fundamentals of finance.
B.Com Eligibility Criteria:Â
To enrol in a B.Com in Accounting and Finance program, you need to have completed your:Â
- 12th grade or an equivalent qualification in any stream with a minimum of 50% marks from a recognized board.
B.Com Career Growth:
A B.Com in Accounting and Finance opens up numerous career opportunities across various sectors, as every business requires skilled professionals to manage their finances. Graduates can work in roles related to accounting, auditing, and financial management.Â
Additionally, pursuing higher education like an M.Com or an MBA can further enhance your management skills and career prospects.
Average Salary of B.Com:
Bachelor of Commerce (B.Com) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 2 to 4 LPA |
6. Company Secretary (CS)
The Company Secretary (CS) certification is a professional course designed to prepare individuals for the role of a company secretary. This role is crucial in ensuring that a company complies with legal and regulatory requirements while also managing corporate governance. The CS course equips candidates with the knowledge and skills needed to advise companies on legal matters and maintain proper corporate conduct.
CS Eligibility Criteria:Â
To enrol in the CS program, candidates must have finished their:
- 12th grade or equivalent qualification in any discipline.
- Graduates from any discipline are also eligible to pursue the CS course.
CS Career Growth:
The CS certification offers numerous career opportunities in various sectors, including corporate houses, financial institutions, government organizations, and regulatory bodies. Certified company secretaries can work in roles such as corporate law advisory, corporate governance, compliance management, and secretarial audit.Â
Additionally, pursuing higher studies like an LLB can further enhance career prospects.
Average Salary of CS:
Company Secretary (CS) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 4 to 6 LPA |
Mid-Level | 12 to 20 LPA |
7. Association of Chartered Certified Accountants (ACCA)
The Association of Chartered Certified Accountants (ACCA) is a globally recognized qualification that prepares individuals for a successful career in Accounting and Auditing. The ACCA course covers a wide range of industry-relevant content and is divided into three levels. Completing this course requires rigorous practice and training, making it a strong foundation for a career in accounting and finance.
ACCA Eligibility Criteria:Â
To be eligible for the Association of Chartered Certified Accountants course:
- Candidates must be at least18 years old
- Passed the 10+2 examination with a minimum of 65% in Mathematics, Accounts, and English, along with at least 50% in other subjects.
ACCA Career Growth:
The ACCA qualification opens up numerous job opportunities both globally and in India. ACCA-certified professionals can work in various roles, such as accountants, financial planners, and management consultants in leading firms and multinational corporations.
Average Salary of ACCA:
Association of Chartered Certified Accountants (ACCA) Salary 2024 | |
Experience Level | Average Starting Salary (INR) |
Entry Level | 6 to 8 LPA |
How to Choose the Right Accounting and Auditing Course?
When choosing an Accounting and Auditing course, start by identifying your career goals. Consider whether you want to work in a specific industry, such as finance or corporate management, or aim for a broad range of roles. This will help you select a course that offers relevant skills and knowledge for your desired career path.4
Here’s how to make the best choice and some points to consider while choosing the best accounting and auditing course:
- Course Content: Ensure the course covers essential topics in Accounting and Auditing, such as financial reporting, auditing standards, and tax laws. The course should also offer practical training to apply theoretical knowledge.
- Accreditation: Choose a course that is accredited by a recognized professional body or institution. Accreditation ensures that the course meets industry standards and is respected by employers.
- Duration and Flexibility: Consider how long the course takes to complete and whether it offers flexibility, such as online classes or part-time options. This can help you balance your education and other commitments.
- Cost and Financial Aid: Evaluate the course fees and check if there are scholarships or financial aid options available. Make sure the investment aligns with your budget and offers good value for money.
- Career Support: Look for programs that offer career services, such as job placement assistance, internships, and networking opportunities. This support can help you find relevant job opportunities and advance in your career.
Also Check: 5 Best Certificate Courses in Taxation
Choosing the right accounting and auditing course can set the foundation for a successful career in finance. The courses listed offer diverse options tailored to different career goals, whether you’re aiming for a global certification or a specialized role in India. With the right course, you can gain the skills and knowledge needed to excel in this growing field.
PW Skills offers one of the best certification programs in Finance, Tax, and Accounting, partnering with industry leaders like PwC India. With a focus on practical skills, expert mentorship, and real-world projects, PW Skills ensures that students are well-prepared for top roles in accounting and auditing.
Boost your career with the PW Skills Accounting and Taxation Course—sign up today!
Accounting and Auditing Courses FAQs
Q1. Which is the best accounting course in India?
Ans. The Chartered Accountancy (CA) course is considered the best in India. It provides in-depth expertise in accounting, taxation, and auditing, opening up opportunities in top companies. PW Skills also offers a comprehensive PW Commerce Online Course for practical learning.
Q2. Which course is best for auditing?
Ans. For auditing, the Chartered Accountant (CA) and Certified Internal Auditor (CIA) courses are top choices. They focus on audit practices, giving students the knowledge to excel in this field. PW Skills offers training in accounting and auditing through its specialized programs.
Q3. Which degree course is best for accounting?
Ans. A Bachelor of Commerce (B.Com) degree with a specialization in accounting is one of the best degree courses for a career in accounting. It provides a solid foundation in financial principles, taxation, and accounting practices.
Q4. Which course is in demand for accounting?
Ans. The Chartered Accountancy (CA), ACCA, and PW Skills Certification Program in Finance, Tax, and Accounting (CPFTA) are in high demand. These courses equip students with skills relevant to modern accounting and finance roles in leading organizations.
Q5. What is PW Skills' certification program in accounting?
Ans. PW Skills offers the Certification Program in Finance, Tax, and Accounting (CPFTA) in collaboration with PwC India. This 4-month course covers finance, taxation, and auditing essentials, providing hands-on learning and industry-recognized certification for both beginners and professionals.