Accountant

10th

12th (Commerce)

• Admission into the Bachelor of Commerce (B. Com) course is based on the candidates’ performance in the college/university-specific examination (if specified). However, it may vary from college to college; check the particular college rules and regulations before applying.

• To become an ACCOUNTANT, a candidate should graduate with a Bachelor of Commerce (B. Com) / B. Com Honors/ BBA Finance/ BBA Accountancy. 
• This graduation degree will be for three years.
• With the course, students must have the necessary skills and knowledge of Tally, SAP, etc. 

• During the course, grab as many opportunities for internships or project work as a candidate can. These help the candidate gain insights into the kinds of tasks that can expect to perform in the future.
• The internship duration would be four weeks, eight weeks, or ten weeks, depending on the choice of the candidate.
• Students can enroll for paid or unpaid internships during the course also.

Who is an Accountant?

An accountant performs accounting functions such as account analysis, auditing, or financial statement analysis. Accountants work with accounting firms or internal account departments with large companies. Accountants may also set up their practices. After meeting state-specific educational and testing requirements, national professional associations certify these professionals. Accountants can find employment with an accounting firm or a large company with an internal accounting department, or they can set up an individual practice. Many accountants choose to become Certified Public Accountants because the CPA designation is considered the gold standard in the accounting profession.

 Job Responsibilities of an Accountant

• An accountant's primary responsibility is performing accounting functions such as account analysis, auditing, or financial statement analysis. 
• Accountants are professionals who organize, inspect and maintain financial and tax documents.
• Accountants monitor the efficiency of existing accounting procedures and ensure that with government regulations.
• Accountants also create, review, and present budgets.
• Accountants prepare and analyze financial statements like cash flow, balance sheets, and profit and loss statements.
• Accountants conduct forecasting and risk analysis assessments.

Career Scope of an Accountant

      The demand for an Accountant is ever-increasing because of the increase in the number of companies that deal with billions of dollars to keep track of vast sums of money. Candidates can get start their careers with entry-level job roles. The experience in the companies helps them to upgrade their skills and knowledge. 

• An Accountant can be worked in various sectors, such as business, trade, government, financial institutions, individuals and families, and every other area. 
• A skilled and qualified accountant can join the government service and public and private sectors. 
• Accountants play an essential role in the organization, and the duties of an accountant include auditing & assurance, tax consultancy, Accounting Services, Accountants and Finance Outsourcing, and Financial Reporting. 

  Salary/Income of an Accountant

 An entry-level Accountant with less than a year of experience can expect to earn approximately Rs. 2.0 Lakh to 2.5 Lakh per year. An Accountant with 1 to 4 years of experience can expect to make approximately Rs. 3 Lakh to 4.5 Lakh per year.