What is Accounting?: Course Fees 2026, Subjects, Top Colleges, Admissions

Accounting course as a field of education is a wide arena. Accounting courses are available as academic as well as professional programmes. Accountants are responsible for managing the finances of several small and medium-sized organisations

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Students can read the points mentioned below to know the main functions of Accounting:

• Recording: The main function of accounting is to record all transactions in which the company participates. The confirmation of transactions and their records is called bookkeeping.

• Summarising: The transaction log creates raw data. Pages and pages with raw data are not very useful for organizational decision-making.

• Reporting: The management is responsible to investors for the company's condition, and owners must receive information about the activities funded by their funds on a regular basis, and therefore regularly send them reports. 

• Analysing: Finally, accounting includes analysis results; after summarizing and presenting the results in the report, meaningful conclusions must be drawn; management must know its pros and cons; accounting helps to compare; the usual practice is to compare income, cash, and sales analysis of business performance.

Hi, yes you can do Accounting without any entrance exam. You can refer below the best Accounting colleges in India that accept students without any entrance exams:

Yes, Delhi University provides BCom Pass (General) course, and it is available in regular mode. For admission, you need to clear CUET.

Some of the colleges in Delhi University where you can pursue a BCom Pass is mentioned below -

• Shri Ram College of Commerce
• Hindu College
• Ramjas College
• Hansraj College
• Kirori Mal College
• Delhi College of Arts and Commerce
• Gargi College
• Lady Shri Ram College for Women

Check the official Delhi University website for latest updates.

Hi, you can refer below for the best Accounting colleges in India according to students preference, popularity, ranking, reputation, etc.:

Yes CAT syllabus is difficult to crack if you do not have enough time. There are three subjects in CAT- VARC, DILR and Quantitative Aptitude. Most of candidates find RC passages tough to crack. In Quants, Arithmetic, Algebra and Geometry pose significant challenge during preparation. In DILR, Reasoning questions often turnout to be tricky and confusion. 

Golden rules of Accounting are as follows:

• RULE 1- debit - what comes and credit - what goes (real account)
• RULE 2- debit - receiver and credit - giver(personal account)
• RULE 3- debit-expenses or losses and credit - incomes or gains(nominal account)

There are two types of financial accounting; Aash Accounting and Accrual Accounting.

Cash accounting is a method of Accounting where transactions are recorded when cash is received or paid out, rather than when revenues are earned or expenses are incurred. 

On the other hand, Accrual accounting is a method of accounting where revenues and expenses are recognised when they are earned or incurred, regardless of when the actual cash transactions occur. 

Financial accounting is an accounting system, which gives true and a fair view of the financial position of the company to various parties. Management accounting is an accounting system which provides both the quantitative and qualitative information to the managers.

Former needs good knowledge of financial statements, like cash flow, balance sheet, profit and loss statement. Whereas, latter needs more of bond-equity valuation, company valuation, prediction of results from companies past financial statements.

Hi,

B.Com deals with commerce and accounting related subjects whereas BBA is a relatively new program that was started sometime last decade and deals with subjects that give conceptual insights into how a business should be run or managed.

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In Delhi, there are some of the popular colleges that are offering International Accounting and related fields.  Below is the list of some of them:

The table below shows the average placement package offered by top recruiters who participated in top Accounting colleges in India:

The avg. salary of a Financial Analyst in India is Rs 4.12 Lakh per annum at entry level. 

After getting some experience and learning the relevant skills the salary package increases and can reach up to Rs 8-12 Lakh per annum. 

Click to check Financial Planning and Analysis

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Chartered accountants (CAs) were offered an average salary of around INR 7.36 LPA in the latest campus placement programme conducted by the Institute of Chartered Accountants of India (ICAI), with the highest pay reaching INR 24.64 LPA.

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After B.Com, there are many options to do, you can go with MBA in finance with reputed college, you can do some accounts diploma and certified courses, CS, CA. All the best.

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It will be great if you choose any accounting course because in every field, one needs a finance and accountant. But whichever courses you will be joining, you must go in its depth knowledge.

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.

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Students can pursue several online courses in Cost Accounting. They can have a look at the table below to get an idea of the courses and their course providers:

There are several reputable online Accounting courses available in India that cater to different levels of expertise and career goals. 

Here are some of the best online Accounting courses widely recognised for their quality and relevance:

People in the accounting profession are frequently viewed as financial leaders who choose the expansion plan and productivity of the businesses they represent. Students can pursue the below-mentioned courses after their bachelor's degree:

Know 21 Best Courses after 12th for Commerce Students

A career as an accountant is the perfect choice for anyone who enjoys handling payments and receipts, calculating taxes, and handling accounts. You must choose a job as an accountant if you are interested in maintaining and assessing financial records. The methods for how to become an accountant in India or how to become an accountant after graduating from high school are listed below:

• Determine Skills

• Enrol in a formal course or training

• Take Specialised Certification Courses

• Discover Career Opportunities and Apply

• Start a Career

An accountant must undertake a number of duties, including summarising the current financial situation by gathering data, creating balance sheets, profit and loss statements, and other reports. He must also provide evidence of financial transactions through auditing records. In some circumstances, accountants also perform book audits, create financial reports for taxation purposes, and maintain other financial data necessary for business operations. 

Read More: Accounting Career

Different types of Accountants are:

• A certified management accountant is a professional who assists large businesses and high-value individuals with a variety of financial matters, including tax planning and financial statement preparation. 

• Certified Public Accountants specialise in forensic accounting, review financial documents and reports that may later be used as evidence. In most cases, forensic accountants help to reject fictitious claims and other rules. They can also assist in divorces, commercial conflicts, and financial fraud cases.

• Accountants that assist in maintaining the financial records of large corporations are known as management accountants. They frequently assist corporate managers in making decisions by informing them of the financial ramifications of those actions.

• Cost accountants support businesses by monitoring, researching, and assessing cost purchases and expenditures made by the company. 

B.Com is an age old course which focuses on all facets of Business such as Accounting, Business Administration, Law, Taxation, Finance, etc. These disciplines are evenly spread throughout six semesters.

Bachelors in Accounting and Finance has more or less the same subjects in the first two years as B.Com with a few deletions and and additions. As far as the final 2 semesters are concerned, This course dives deeply into the disciplines of Accounting and Finance.

There are many. It depends on you that which course do you want to pursue. Some of the important ones comprise CA, CWA, and CS and there are many short-term Diploma for accounting and finance.

For banking, start preparing for banking exams so that you can give exams after completing your graduation.

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