Course Overview
The Certificate in Accounting and Auditing provides foundational skills in financial reporting, auditing principles, and accounting practices. Ideal for entry-level professionals, it covers key topics such as financial statements, internal controls, and auditing standards.
Duration:
6 to 12 months (depending on the institution)
Syllabus (Semester-wise):
The syllabus of the Certificate in Accounting and Auditing varies by institution but typically covers core accounting and auditing concepts. Here’s a general outline:
Semester 1:
Introduction to Financial Accounting: Fundamentals of accounting, accounting principles, and financial statement preparation.
Auditing Principles: Basic auditing standards, techniques, and responsibilities of an auditor.
Business Law: An overview of business law, with a focus on the laws affecting business operations, contracts, and compliance.
Cost Accounting: Methods of costing, analysis, and cost control in business operations.
Income Tax Law and Practice: Basic concepts of income tax, filing returns, and taxation procedures.
Semester 2:
Corporate Accounting: Accounting for companies, share capital, debentures, and company financial statements.
Advanced Auditing Techniques: Auditing for corporate entities, internal control procedures, and modern auditing techniques.
GST and Indirect Taxes: Introduction to Goods and Services Tax (GST) and indirect taxes prevalent in India.
Financial Reporting and Analysis: Interpretation of financial statements, ratio analysis, and financial planning.
Practical Auditing: Hands-on auditing practice with case studies or project work.
Average Fees:
₹10,000 to ₹50,000 depending on the institution, location, and resources provided.
Exams to Attend:
Students typically need to pass semester-end exams conducted by the institution. Certification may also require clearing practical exams and completing projects related to accounting and auditing.
In addition, certain certification programs are affiliated with national-level certification bodies, and students may need to clear relevant external exams, such as:
CMA (Certified Management Accountant)
CA Intermediate (Chartered Accountant)
CFA (Certified Financial Analyst) for advanced certifications post-course.
Ten Most Ranking Institutions Combined Ranking in India:
The Institute of Chartered Accountants of India (ICAI)
Indian School of Business and Finance, Delhi
Madras School of Economics, Chennai
University of Delhi (DU), Faculty of Commerce and Business
Xavier School of Management, Jamshedpur
Symbiosis College of Arts and Commerce, Pune
Loyola College, Chennai
St. Xavier’s College, Kolkata
Christ University, Bangalore
NMIMS University, Mumbai
Top Ten Institutions in Kerala:
Institute of Chartered Accountants of India (ICAI) – Kochi
Kerala University of Fisheries and Ocean Studies (KUFOS) – Kochi
Cochin University of Science and Technology (CUSAT) – Kochi
St. Teresa’s College, Kochi
Farook College, Kozhikode
Mar Ivanios College, Thiruvananthapuram
Rajagiri College of Social Sciences, Kochi
St. Joseph’s College, Devagiri, Kozhikode
Mahatma Gandhi University, Kottayam
Sacred Heart College, Ernakulam