
Diploma in Finance course & Computerised accounting has been rapidly expanding in various sectors of Indian economy after the post liberalisation scenario and introduction of VAT, many companies are shifting their accounting needs from old traditional manual book keeping to modern accounts and taxation record keeping of books related to accounts taxation (direct and indirect taxation like:- Income tax , vat, central excise etc.) many accounting software are used widely across the country by various commercial organisations, different accounting and taxation software have different features, some are user friendly accounting software and some are expensive but versatile.
However training in computerised accounting and taxation software opens door to ever green career options like accountancy, finance and taxation, now a days many accounting software solves the purpose of all the functions of an organisation whether it is maintaining accounting records, filing of taxation returns like TDS returns, ITR returns, Service tax returns, central excise returns, some time it also performs the functions related to payroll and payroll accounting, ie:- maintaining the data of employees. Tally accounting software with its latest and improved version Tally ERP9 serves the purpose of many small and medium enterprises, it has many variety of functions for maintaining accounting books, inventory management, invoicing, tax returns , MIS and other management reporting systems, it can be used both for small business and medium business.
Learning Diploma in Finance courses & computerised accounting through accounting software has become integral part of accounting and finance professionals, it has become a professional course and training program for those who are looking for a career in accountancy finance or taxation, some students feel confused what to do after 12th in commerce, what are different career options after completing their 12th exams in commerce , there are various streams available to commerce students, there are few professional accountancy institutes which are running short courses in accountancy as well as one year courses, Diploma course in Finance Accountancy Taxation payroll etc. Students have choice to opt for short term course in accounting or long term Diploma in Accountancy, Diploma in Finance or Diploma in Taxation since all these fields are very much inter related and many times their functions over lap each other, many people in an organisation perform an integrated duty covering various aspects of these functions at higher level in big organisation, if any individual working in a bigger organisation having knowledge of these ( FA)s make him a strong asset for his organisation, however it has been observed that many students having passed out as MBA finance from B level business schools finds it difficult to get jobs in core accounting and finance area. Computerised accounting course is useful as a course after MBA finance
Sanjeev -
About the Author: I am working as director operations in The Institute of Professional Accountants