Accountancy or accounting is the job of sharing financial information about a business to managers and shareholders (people who have invested in the business).

Accounting is often called the "language of business". Accountants are people who do accounting, and also carry out the auditing or checking of a company's books and records.

Accounting or accountancy is the measurement, processing, and communication of financial and non-financial information about economic entities such as businesses and corporations.

It also shows if the company made a profit in the year (if it made more money than it spent), who owes the company money, who the company owes money to, and any big expensive items the company has bought which they expect to use for many years.

The course and syllabus of accounting is taught since 10+2 standard.

At the graduation level, much more thrust is given on accounting.

After successfully completing B.Com, one may opt for M.Com with specialization in accounting and finance.

Professional courses may also be pursued-

• ICWA
• ICAI
• CIMA
• ACCA
• CS

• Finance Managers
• Financial Controllers
• Financial Advisors
• Directors (Finance)
• Certified Public Accountant
• Chief Financial Officer
• Chartered Management Accountant
• Company Secretary

Mumbai University, Mumbai

Course:

• Com (Financial Market)
• Com (Accounting & Finance)
• Com (Banking & Issurance)
• Com (Financial management)
• Com (Investment Management)
• Com (Transport Management)

Eligibility: Candidate must have passed 12th with minimum 45% marks from Maharashtra board of higher Secondary Education or its equivalent

Admission Mode: Marks Based

Delhi University, Delhi

Course: B.Com  (Hons)

Eligibility: Candidate must have passed 10+2 with an aggregate of 45% or more in English/Hindi and combination of best three among the following subjects: Mathematics, Accountancy, Economics and Business Studies/ Commerce & must have studied and passed Mathematics/Business Mathematics at the qualifying examination.

Admission Mode: Marks Based  

Christ University, Bangalore Course:

• Bachelor of Commerce (B.Com)
• Bachelor of Commerce (Finance and Accountancy)
• Bachelor of Commerce (Professional)
• Bachelor of Commerce (International Finance)
• Bachelor of Business Administration (Finance and Accountancy)

Eligibility: Pass in class 12 (10+2) is the minimum eligibility for applying / admission.

Admission Mode: Entrance exam + SA + PI + Academic Performance

Christ University, Bangalore

Course: Bachelor of Commerce (Honours)

Eligibility: Pass in class 12 (10+2) is the minimum eligibility for applying / admission.

Admission Mode: Marks Based

Symbiosis College of Arts and Commerce, Pune

Course:

• Bachelor of Commerce
• Bachelor of Commerce with ACCA

Eligibility: Candidate must have passed 12th from commerce

Admission Mode: Marks Based

Narsee Monjee, Mumbai

Course: B.B.A / B. Com (Hons) / B.Sc Finance.

Eligibility: Candidate should have obtained 60 % marks in 12 class with Mathematics and or Statistics at 10+2 or equivalent exam is compulsory

Admission Mode: NPAT

Amity University, Noida

Course: B.Com (Hons)

Eligibility: 10+2 with minimum 70%

Admission Mode:  12th Percentage + English Language test + Interview

Amity University, Noida

Course: B.Com (Finance & Investment Analysis)

Eligibility: 10+2 (min. 60%) with min. 60% in Maths.

Admission Mode: 12th Percentage + English Language test + Interview

Loyola College, Chennai

Course: Bachelor of Commerce

Eligibility: Candidate must have passed 10+2 in Commerce with mathematics

Admission Mode: Admission will be done on the basis of interview after that shortlisted candidates will go for screening test 

St. Xavier College, Kolkata

Course: B.Com Hons

Eligibility: 10+2 Class Pass out

Admission Mode: Marks Based

SKILL SET

• Critical thinking
• Active Learning
• Ability to reflect on one's own work as well as the wider consequences of financial decisions.
• Business acumen and interest.
• Organizational skills and ability to manage deadlines.
• Team working ability.
• Communication and interpersonal skills.
• Proficiency in IT.
• Analytical ability.
• A methodical approach and problem-solving skills.
• High level of numeracy.

ELIGIBILITY

Candidates must have passed in 10+2 level (Senior Secondary) qualifying examination from any national or state recognized Board of Secondary Education in India.

BRANCHES OF ACCOUNTING

• Financial accounting
• Management accounting
• Cost accounting
• Tax accounting
• Project accounting
• Not-for-profit accounting
• International accounting
• Government accounting
• Social accounting
• Forensic accounting
• Fiduciary accounting
• Auditing

Roles and Responsibility

Accountants provide the data to know about present and future financial activities of an organization.

They do the work of business track, income and assets.

Record of business transactions and tax strategy.

They have to prepare financial statements and recording business transaction.

Showbiz accountants are fully concentrated upon entertainment accounting.

• Public Accounting
• Audit
• Tax
• Budget Analysis
• Financial
• Management Accounting
• Real Estate Finance