Accounting
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New answer posted
a year agoContributor-Level 10
Yes, Accounting can be a demanding profession that comes with its own set of challenges, but whether it is considered stressful varies based on individual preferences, work environment, and specific roles within the field. Accountants are responsible for financial reporting, auditing, taxation, and financial analysis, among other tasks.
New answer posted
a year agoContributor-Level 10
No, you cannot become a Chartered Accountant (CA) solely with a Diploma in Accounting. Becoming a CA typically requires completing a rigorous course of study and passing specific examinations set by a recognised professional accounting body, such as the Institute of Chartered Accountants of India (ICAI) in India.
New answer posted
a year agoContributor-Level 10
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.
New answer posted
a year agoContributor-Level 10
The annual salary in Financial Accounting in India can vary significantly depending on various factors such as educational qualifications, experience, job location, and the specific industry or organization.
Generally, salaries can be categorized at different levels based on experience and job roles:
Entry-Level: INR 2.5 - 4 LPA
Mid-Level: INR 4 - 8 LPA
Senior-Level: More than INR 20 LPA
New answer posted
a year agoContributor-Level 10
Yes, a Diploma in Financial Accounting can be worth it depending on your career goals and circumstances. This qualification provides specialised knowledge and skills in Financial Accounting, which are valuable in various industries.
Moreover, it can be a stepping stone for further education and professional certifications like CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants).
The Diploma in Financial Accounting also equips you with practical skills in managing financial records, understanding taxation, and utilizing accounting software, which are essential for both corporate and small busin
New answer posted
a year agoContributor-Level 10
A Diploma in Accounting course can be pursued by the candidates for continuous professional development and great career opportunities. A Diploma in Accounting course can be pursued by freshers and professionals to understand the basics of accounting and enhance their professional skills. A Diploma in Accounting can be pursued after completing their Class 12 or graduation in BCom.
Graduates with a Diploma in Accounting can work in corporations, non-profits, government agencies, accounting firms, and other industries in entry-level roles. These jobs could be bookkeepers, payroll administrators, accounts payable/receivable clerks, or acco
New answer posted
a year agoNew answer posted
a year agoContributor-Level 10
Arkansas State University provides one of the best Accounting courses for international students. It provides a four-year bachelor's programme in Accounting whose tuition cost is INR 11.56L. The course helps students fulfill employment as internal auditors in CPA firms, cost analysts, controllers, tax accountants, members of financial regulatory teams like the IRS or banking auditors, and industrial accountants. Accounting graduates from A-State get jobs in public accounting, government, banking, manufacturing, and not-for-profit organizations.
New answer posted
a year agoContributor-Level 10
The table below shows the top specialisations offered by the best Accounting colleges in India along with their number of colleges:
| Top Specialisations | No. of Colleges |
|---|---|
| Finance | 167 |
| Auditing & Control | 114 |
| Chartered Accountancy | 86 |
| Company Secretary | 79 |
| Sales & Marketing | 64 |
New answer posted
a year agoContributor-Level 10
There are about 800+ BCom in Accounting colleges in India. Some of them are mentioned below along with their totaltuition fees:
| BCom in Accounting Colleges | Tuition Fee |
|---|---|
| Narsee Monjee College of Commerce & Economics | INR 99,000 |
| St. Joseph’s University | INR 4 lakh |
| Mithibai College of Arts | INR 2 lakh |
| Kishinchand Chellaram College | INR 29,000 - INR 1 lakh |
| Chandigarh University | INR 4 Lacs - INR 6 lakh |
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