A one-year accountancy and finance credit diploma that affords students access to certificate and diploma programs in related fields. This course is designed to acquaint students with the accounting principles, ideas, and practices at an intermediate level. Through the course program, we deal with important accounting topics like the double entry system, the generally accepted accounting principles (GAAP), financial accounting, cost accounting, tax accounting, management accounting, as well as tools like TALLY.
The diploma program is a couple of semesters (at least a couple of semesters) long, on each of which 5-6 subjects are taught. The subjects which are covered are Financial Accounting, Cost Accounting, Income Tax, MIS, Personal Development, Company Law and Tally/Computerized Accounting etc. The course incorporates learning theory as well as practical training to understand the application of the concepts in a real-life environment. This will edify skill set in different roles like Accountant, Audit Assistant, Accounts Clerk, Tax Assistant etc.
Category | Detail |
---|---|
Level | Undergraduate |
Typical Duration | 6 months - 1 year (may vary) |
Focus | Core accounting principles, financial reporting, and practical skills |
Coursework (Examples) | - Financial Accounting - Managerial Accounting - Tax Accounting - Auditing - Accounting Software (e.g., QuickBooks) |
Eligibility | High school diploma (or equivalent) |
Admission | May vary (merit-based or entrance exam) |
Skills Gained | - Bookkeeping - Financial analysis - Data entry - Tax preparation - Software proficiency |
Career Paths (Examples) | - Bookkeeper - Accounting Clerk - Tax Preparer - Junior Accountant - Accounts Payable/Receivable Clerk |
1. Ensure you fulfil the prerequisites including 10 + 2 in commercial stream with minimum required mark. The most important point in this context is to beat the cut-off percentage set by colleges.
2. Select a college to attend that is trusted to offer the accounting certificate option and review its admission details and deadlines. Select 3 to 5 colleges that matches your desire.
3. Submit the admission application form either offline or online by giving your personal, academic records and all the relevant information that is required before the set deadline.
4. Send 10+2 certificates, mark sheets, and other documents with the application as well as forms. The fees should also be paid, where applicable.
5. If you one of those selected candidates, make the process of either attending the counseling session or the admission round specifics, at the exact date and time as notified by colleges.
6. After being chosen, after that, it is expected that time be remitted for completion of admission formalities like paying hospital bills and joining the program on a given day.
1. Educational Qualification: It is mandatory to show that you are a holder of a certificate of clearing 10+2 or a recognized equivalent examination from any stream obtained from a recognized board as a prerequisite to admission of the diploma in accounting course.
2. Minimum Marks Requirement: Most colleges and universities make the threshold as high as 50% in class XII in general to be eligible for admission into their diploma in accounting program.
3. Subject Preference: If pursuing the commerce or the commerce/economics stream in the 10+2 stage, it will be beneficial to a student in understanding the accounting concepts as these are not compulsory.
4. Age Limit: The minimum/maximum age limits as a criterion for the studying of accounting diploma are not usually predetermined. Both fresh 10+2 school pass outs and experienced professionals can benefit from this program.
5. Entrance Test: Other colleges may be testing students for entrance purposes by using their own tests that evaluate numeracy, problem-solving capability etc.
6. Personal Interview: Along with academic grades, other forms of evaluation such as how you communicate, your personality traits, interests and other factors that determine who you are might be considered in a personal interview between the institution and the applicants.
CPA Exam: Stringent evaluation covering auditing, taxation, finance accounting and regulation.
CMA Exam: Covers management accounting and financial management skills.
ACCA Qualification: Internationally recognized, covers accounting, audit, taxation and financial management.
CIMA Certificate in Business Accounting: Covers basics, such as economics, management accounting, and business law.
CIA Exam: Highlighting internal auditing proficiency which extends to governance and risk management.
Module | Description |
---|---|
Fundamentals of Accounting | Introduction to accounting principles, double-entry system, journalizing, posting, ledger accounts, preparation of financial statements |
Computerised Accounting Software | Introduction to accounting software packages, data entry, accounting transactions, generating reports |
Financial Accounting | Accounting for financial transactions, preparation of balance sheet, income statement, cash flow statement |
Cost Accounting | Introduction to cost accounting principles, cost classification, cost accounting methods, cost allocation |
Auditing | Principles and procedures of auditing, internal control, auditing techniques, audit report preparation |
Taxation | Introduction to direct and indirect taxation, income tax, sales tax, service tax |
Business Mathematics | Business mathematics concepts, financial calculations, ratio analysis |
Business Communication | Effective communication skills, writing business letters, reports, and presentations |
Computer Applications | Introduction to computer concepts, operating systems, word processing, spreadsheets |
Entrepreneurship | Basics of entrepreneurship, business plan preparation, marketing strategies |
Tabulated below is the collection of the Top 6 Private Diploma in Computerised Accounting Colleges in India, including their key features.
Name of the institute | Location |
---|---|
Dr. N.G.P. Arts and Science College | Coimbatore, Tamil Nadu |
Dr. Rajendra Prasad Memorial Degree College | Lucknow, Uttar Pradesh |
E.M.G. Yadava Women's College | Madurai, Tamil Nadu |
Guru Nanak National College | Doraha, Punjab |
Maulana Azad College | Aurangabad, Maharashtra |
Sree Muthukumaraswamy College | Chennai, Tamil Nadu |
Tabulated below is the collection of the Top 5 Government Diploma in Computerised Accounting Colleges in India, including their key features.
Name of the institute | Location |
---|---|
Khalsa College | Amritsar, Punjab |
PNG Government PG College | Nainital, Uttarakhand |
College of Applied Science Nattika | Thrissur, Kerala |
Rajiv Gandhi University | Itanagar, Arunachal Pradesh |
Sadakathullah Appa College | Tirunelveli, Tamil Nadu |
The Diploma in Computerised Accounting (DIC) is a one-year diploma program that equips individuals with the skills and knowledge necessary for a successful career in the accounting field.
College Name | Location | Average CTC (INR) |
---|---|---|
Guru Nanak National College, Doraha | Doraha, Punjab | 2.5 - 3 lakhs |
Bharathiar University | Coimbatore, Tamil Nadu | 2.8 - 3.5 lakhs |
Rajiv Gandhi University | Itanagar, Arunachal Pradesh | 2.2 - 2.8 lakhs |
S G M English Medium College of Commerce and Management | Gujarat | 2 - 2.5 lakhs |
Dr. N.G.P. Arts and Science College | Coimbatore, Tamil Nadu | 2.2 - 2.7 lakhs |
Khalsa College | Amritsar, Punjab | 2.4 - 3 lakhs |
Dr. Rajendra Prasad Memorial Degree College | Lucknow, Uttar Pradesh | 2.3 - 2.8 lakhs |
Sree Muthukumaraswamy College | Chennai, Tamil Nadu | 2 - 2.5 lakhs |
E.M.G. Yadava Women's College | Madurai, Tamil Nadu | 2 - 2.5 lakhs |
PNG Government PG College | Nainital, Uttarakhand | 2 - 2.5 lakhs |
The Diploma in Computerised Accounting (DIC) is a one-year diploma program designed to equip individuals with the fundamental knowledge and skills required for a successful career in the accounting profession.
Specialization | Average Salary (INR lakhs) |
---|---|
Accounting Technician | 2-3 lakhs |
Junior Auditor | 2.2-2.8 lakhs |
Tax Accountant | 2.5-3.5 lakhs |
Financial Accountant | 2.8-3.8 lakhs |
Management Accountant | 3-4 lakhs |