Certificate in Financial Accounting & Tax Consultant

Description

Course Name: Certificate in Financial Accounting & Tax Consultant

Course Id: CFATC/Q1001.

Eligibility: 10+2 Grade (Higher Secondary) or Equivalent.

Objective: A Certificate in Financial Accounting & Tax Consultant course is designed to equip individuals with essential knowledge and practical skills in both financial accounting and tax consultation. This course focuses on financial accounting principles, tax regulations, and tax planning, preparing individuals to manage financial records while also providing expertise in advising individuals or businesses on tax-related matters.

Duration: Three Months.

 How to Enroll and Get Certified in Your Chosen Course:

 Step 1: Choose the course you wish to get certified in.

 Step 2: Click on the “Enroll Now” button.

 Step 3: Proceed with the enrollment process.

 Step 4: Enter your billing details and continue to course fee payment.

 Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.

 Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.

 Step 7: Once you complete the course, take the online examination.

 Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.

 Step 9: After certification, you will be offered job opportunities aligned with your area of interest.

Online Examination Detail:

Duration- 60 minutes.
No. of Questions- 30. (Multiple Choice Questions).
Maximum Marks- 100, Passing Marks- 40%.
There is no negative marking in this module.

Marking System:
S.No.	No. of Questions			Marks Each Question		Total Marks
1	10			5		50
2	5			4		20
3	5			3		15
4	5			2		10
5	5			1		5
	30					100
How Students will be Graded:
S.No.		Marks	Grade
1		91-100	O (Outstanding)
2		81-90	A+ (Excellent)
3		71-80	A (Very Good)
4		61-70	B (Good)
5		51-60	C (Average)
6		40-50	P (Pass)
7		0-40	F (Fail)

 Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:

 Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.

 Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.

 Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.

 Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.

 Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.

 Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.

Syllabus:

Fundamentals of Financial Accounting: Introduction to financial accounting, Basic accounting principles and concepts, Double-entry system and ledger accounts, Journal entries and trial balance, Cash book and bank reconciliation, Depreciation accounting methods, Financial statements – Balance Sheet and Profit & Loss Account, Errors and rectifications in accounting, Introduction to accounting software, Accounting standards and compliance.

Business Transactions and Record Keeping: Types of business transactions, Accounting for purchases and sales, Inventory management and valuation, Accounts receivable and payable management, Handling petty cash and cash flow management, Adjusting and closing entries, Preparation of final accounts, Bank transactions and reconciliation, Accounting for partnerships and joint ventures, Financial statement analysis

Taxation Basics and Regulatory Framework: Introduction to taxation, Types of taxes – direct and indirect, Tax laws and regulatory authorities, PAN, TAN, and GST registrations, Tax deduction and collection at source (TDS & TCS), Filing tax returns and due dates, Understanding tax slabs and exemptions, Digital tax filing procedures, Recent tax amendments and updates, Ethical tax practices and compliance.

Goods and Services Tax (GST) & Compliance: Introduction to GST and its structure, GST registration process and requirements, GST invoicing and documentation, Input Tax Credit (ITC) and its application, GST returns – GSTR-1, GSTR-3B, GSTR-9, GST payment and reconciliation, Composition scheme under GST, GST audits and penalties, E-way bill system and compliance, GST software and filing automation.

Income Tax Computation and Filing: Understanding income tax laws, Types of incomes – Salary, Business, Capital Gains, House Property, Income tax computation for individuals and businesses, Deductions and exemptions under Income Tax Act, Advance tax and self-assessment tax, Income tax return (ITR) filing process, Tax planning and investment strategies, Handling tax notices and scrutiny, E-filing and digital signature, Income tax software tools.

Corporate Taxation and Compliance: Overview of corporate tax laws, Corporate tax rates and slabs, Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT), Taxation of small businesses and startups, Compliance for private and public companies, Filing corporate tax returns, Tax incentives and deductions for businesses, Corporate tax audits and reporting, Transfer pricing and international taxation basics, Legal consequences of non-compliance.

After successful completion of the Certificate in Financial Accounting & Tax Consultant program, graduates are qualified to handle core accounting functions and tax-related services including GST, Income Tax, TDS, and more. The course prepares candidates for high-demand roles across businesses, CA firms, finance consultancies, and freelance work.

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🎓 Career Options After Certificate in Financial Accounting & Tax Consultant

1. Accounts Executive / Accountant

• Role: Manage day-to-day accounting, maintain ledgers, prepare financial statements, bank reconciliations.

• Salary Range: ₹2 – ₹4.5 LPA (fresher); ₹5 – ₹7 LPA (2–4 yrs experience)

2. Tax Consultant (Income Tax & GST)

• Role: File income tax and GST returns, manage tax planning for individuals or businesses.

• Salary Range: ₹2.5 – ₹6 LPA

• Bonus: Self-employed tax consultants can earn more during the tax season.

3. GST Executive

• Role: Handle GST billing, input credit, GSTR filings, audit responses, and e-way bills.

• Salary Range: ₹2.2 – ₹5 LPA

4. TDS & Payroll Officer

• Role: Calculate and file TDS returns, manage payroll deductions like EPF, ESI, professional tax.

• Salary Range: ₹2 – ₹4.5 LPA

5. Audit Assistant (CA Firm)

• Role: Support internal or statutory audits, check tax compliance, assist with ROC filings.

• Salary Range: ₹2 – ₹5 LPA

6. Finance & Tax Data Analyst (Entry-Level)

• Role: Analyze tax records, prepare MIS reports, identify discrepancies in accounting entries.

• Salary Range: ₹2.5 – ₹5.5 LPA

7. Freelance Tax Consultant / Self-Employed Accountant

• Role: Provide accounting and tax return filing services to individuals and small businesses.

• Earning Potential: ₹20,000 – ₹1,00,000+ per month depending on client base and tax season

8. Back Office Executive – Taxation

• Role: Document management, voucher preparation, invoice verification, and filing support.

• Salary Range: ₹1.8 – ₹3.5 LPA

9. Tally ERP Operator with Tax Skills

• Role: Use Tally for GST returns, voucher entry, tax ledger creation, and reconciliation.

• Salary Range: ₹1.8 – ₹4 LPA

10. Junior Consultant in Tax Advisory Firms

• Role: Assist in direct/indirect tax advisory, representation before tax authorities, and client servicing.

• Salary Range: ₹2.5 – ₹6 LPA

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🧠 Key Skills Acquired

• Financial Accounting & Reporting

• Income Tax Return Filing (ITR-1 to ITR-4)

• GST Registration & Return Filing (GSTR-1, 3B, 9)

• TDS Calculation & Filing (Form 16, 26Q, 24Q)

• Payroll & Statutory Compliance (PF, ESI)

• Proficiency in Tally ERP, MS Excel, and Tax Portals

• Tax Planning Basics for Salaried, Professionals & Small Businesses

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🏢 Industries That Hire Financial Accounting & Tax Consultant Graduates

• Chartered Accountant Firms

• Tax & Finance Consultancies

• Small & Medium Enterprises (SMEs)

• Corporate Finance Departments

• E-commerce, Trading & Service Sector

• Freelance & Self-Practice Opportunities

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📈 Career Growth Path