Monday, June 20, 2022

Do we have a scope in business accounting and taxation?




Business Accounting and Taxation is one of the most popular courses in demand among job aspirants now. After doing this full-fledged and well-established course there is a range of services you can opt for. As it is interdisciplinary in nature, there is a range of career opportunities. In this post, we discuss the career options after doing a course in business accounting and taxation. If you are wondering which institute would be the best for doing an animated course, contact the George Telegraph Institute of Accounts (GTIA). The highly qualified team of teachers ensures that the students are conversant with industry-relevant knowledge. Among the various courses offered by GTIA, the most popular is the certification course on GST. After completing their practice-based courses, the students are also provided with campus placement.

What are the Career Options after doing this Course?

Accounting is evolving rapidly as it is used in all industries now. With the advancement of technology, the methods of accounting are changing but the core material remains the same. The world of employment opened up by accounting and taxation offers lucrative career positions which pay well.

Auditing Assistant

An auditing assistant or auditor is an entry-level job that requires auditing and verifying every account. They are also in charge of monitoring and examining the financial reports to ensure that the company is not spending beyond what it can afford to. They are also required for preparing financial reports, statements, and records. Auditors offer suggestions on audit policies while also assisting the senior accountants in the documentation process.

Accounting Assistant/Managers

One of the most sought-after positions is that of Accounting Manager. This job might commence as an assistant position and later escalate into the position of manager after gaining years of experience. An accounting manager takes care of the company's records and accounts. They keep a track of budgets, financial reports, and invoices. The biggest responsibility is to make sure there are adequate finances in the company treasury to pay the debts and raxes.

Finance Accounting Executive

A highly esteemed position after doing the Business Accounting and Taxation juggles and manages the organization's finances. This role gathers up further responsibilities such as writing draft budgets, making forecasts, and handling taxation regimens. They are also supposed to schedule quarterly and annual reports, conduct internal audits, and report glitches in accountancy malfunctions.


Tax Accountant

For candidates with an exceptional grasp of accountancy and taxation, the position of Tax Accountant would be a highly rewarding one. Keeping in mind the scope of work they come up with various fruitful strategies such as profitable business plans, and investment opportunities.

Apart from this, they file taxes, tax-related documentation, income tax returns, and timely tax payments. They also advise the board member regarding the taxation and documentation decisions that would prove beneficial for the company.

Budget Analyst

The task of a budget analyst is to prepare the company's finances and monitor them. Using cost analysis methods they also determine the organization's budget for the upcoming year.

Being aware of the career options available before doing a particular course is one of the best options. Before opting to do a course, it is best to be aware of the career avenues that will open up once you possess that qualification. George Telegraph Institute of Accounts (GTIA) is the most popular institution that offers diverse vocational courses. From various types of accounting courses to Certified GST course you will become career-ready with the latest knowledge and skills. Check out their website to know more about the courses they offer.