Description
Course Name: Diploma in Financial Accounting & Tax Consultant
Course Id: DFATC/Q1001.
Eligibility: 10+2 or equivalent.
Objective: The Diploma in Financial Accounting & Tax Consultant is designed to equip students with advanced knowledge of financial accounting, management accounting, and financial reporting. It typically combines theoretical knowledge with practical skills in the use of accounting software, financial analysis, and decision-making in a business context.
Duration: 370 Hrs (Equivalent to One Year).
Total Credits: 18.
How You will Get Diploma Certificate:
Step 1- Select your Course for Certification.
Step 2- Click on Enroll Now.
Step 3- Proceed to Enroll Now.
Step 4- Fill Your Billing Details and Proceed to Pay.
Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.
Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.
Step 6- After Payment You will get Study Material Login id and Password on your email id.
Step 7- After Completion of Course Study give Online Examination.
Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).
Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| 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 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Benefits of Certification:
- Government Authorized Assessment Agency Certification.
- Certificate Valid for Lifetime.
- Lifetime Verification of Certificate.
- Free Job Assistance as per your Interest Area.
Syllabus
Fundamentals of Financial Management: Introduction, objectives, origin and growth of accounting, meaning of accounting, role of accounting, accounting principles, rules of debit and credit, accounting errors, methods of preparation of trial balance.
Taxation GST: Introduction, sources of income tax laws in India, tax planning tax evasion and tax avoidance, impact of agricultural income on tax computation, basic elements of salary, tax on employment or professional tax, taxation of foreign exchange fluctuation.
Principles of Accounting: Introduction, definition of accounting and its role in making business decision, branches of accounting, management accounting and its function, accounting as an information system, accountant, organization for accounting and finance, importance of ethic in accounting.
Cost Accounting: Objectives, meaning and scope of cost accounting, difference between financial accounting and cost accounting, limitations of cost accounting.
Management Accounting: Introduction, meaning of accounting, nature and scope of financial accounting, cost accounting, elements of budgetary control, budgetary control and standard costing.
Security Analysis & Portfolio Management: Introduction, classification, stock exchange, primary market, secondary market, fundamental analysis for traders, technical analysis, risk and investment, portfolio investment and risks, model implementation.
Job Opportunities after completion of Diploma in Financial Accounting & Tax Consultant course:
Graduates of a Diploma in Financial Accounting & Tax Consultant can explore careers in accounting, finance, and related fields. Below are the detailed career options:
Career Options
1. Accountant
- Manage financial records, bookkeeping, and reporting.
- Prepare budgets, financial statements, and tax returns.
2. Tax Consultant
- Assist individuals and businesses with tax planning and compliance.
- File income tax, GST, and other statutory returns.
3. Financial Analyst
- Analyze financial data and trends to guide investment decisions.
- Assist in budgeting, forecasting, and financial planning.
4. Internal Auditor
- Evaluate company operations and financial processes for compliance.
- Identify areas for improvement in risk management and controls.
5. Accounts Payable/Receivable Specialist
- Manage vendor payments and customer invoices.
- Reconcile accounts and maintain accurate records.
6. Payroll Specialist
- Process employee salaries, benefits, and deductions.
- Ensure compliance with labor laws and tax regulations.
7. Banking Professional
- Work in roles like loan officer, credit analyst, or branch manager.
- Handle financial operations and client relationship management.
8. Budget Analyst
- Monitor organizational budgets and spending.
- Ensure proper allocation of financial resources.
9. Cost Accountant
- Analyze costs related to production or services.
- Assist in pricing strategies and cost control.
10. Financial Planner
- Help clients with investment strategies, savings plans, and retirement goals.
Industries
- Accounting & Audit Firms
- Banking & Financial Services
- Corporate Finance Departments
- Tax Consulting Firms
- Government and NGOs
Certifications for Growth
- Tally ERP
- GST Certification
- Chartered Accountant (CA) or Certified Management Accountant (CMA) for advanced roles
The demand for financial professionals is consistent due to the critical role of accounting in all organizations.
In India, the salary range for Post Graduate Diploma in Financial Accounting graduates typically is:
- Entry-level: ₹2.5–5 LPA
- Mid-level: ₹5–10 LPA
- Senior-level: ₹10–20+ LPA
Specialized roles like Tax Consultant or Financial Analyst can command higher salaries, especially with relevant certifications or experience.
Internationally, entry-level salaries range from $30,000–$50,000/year, with senior roles earning significantly more depending on location and industry.
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