The full form of CCFAT is Certificate Course in Financial Accounting and Taxation. This certification course generally obtains 1 month of duration but it may vary from institute to institute or depends upon the curriculum which they obtain. Candidates need to qualify for graduation in the commerce stream (B.com, BAF, and BBI). The course covers every aspect of taxation and accounting in the term of Tally, Cost accounting, Advanced Excel, Finalization of Accounts, Auditing, and GST.
Particulars | Details |
Course Name | CCFAT |
Full Form | Certificate Course in Financial Accounting and Taxation |
Course Type | Certificate |
Duration | 6 months to 1 year |
Eligibility Criteria | Graduation |
CCFAT is a professional course that trained its candidates to work in financial sectors, international and national tax department, Indian economy, Marketing field and more. Apart from academic knowledge, candidates will able to calculate and have a basic knowledge of commerce stream through this course. Once the candidates complete this course they will get an option to pursue M.Phil or can find jobs in the respective field. They can work as, Accountant, Assistant Manager etc.
To be considered for admission to the CCFAT, you must meet the following minimum requirements:
If you choose a private college or university for pursuing the CCFAT course, then you can complete it within a year. On the other hand, online platforms offer a 1-month certification course in finance & taxation.
CCFAT is a financial application course that has proven to be a famous choice of career for the students who have taken it. This subject allows students to improve a comprehensive understanding of accounting so that they can use it to solve complex problems using financial statements.
An Indian tax policy, the basics, and fundamentals of accounting and taxation, the value-added tax (VAT) system, the computation of GST, or its various functions are all covered in this program, which benefits students.
Students are expected to have strong calculation skills as well as a fundamental principle of the accounting courses before beginning their accounting studies. After completing this course in finance, accounting, and taxation, students can go on to pursue an M.Phil. or study in accounting, taxes, or both after completing this course in finance.
In this way, the course structure is created to allow students to gain the most comprehensive knowledge in this field and pertain to it in their professional lives. The certificate course in finance accounting and taxation program, which is practiced after graduation, is advantageous to the students in many ways.
They can specialize in a variety of fields such as financial industries, taxes, international and national taxation, Indian economy, and many others Students who enroll in this curriculum after XIIth grade will have a stronger foundation for pursuing a bachelor's or master's degree in the field, and they will be able to begin their careers as interns or junior employees in the financial sector
In industries, financial accounting systems can be used to retain their financial results of employee details through a balance sheet, which is a financial statement.
It provides excellent employment opportunities as well as the necessary skills for survival. There are a variety of opportunities for students interested in banking or who want to function in the taxes policy system sectors if they choose to pursue this course as a career path.
Admissions applicants are expected to meet the requirements established by the university or college to which they are applying. The minimum requirement for eligibility is a passing diploma degree in B.Com. BBI, or BAF with 50 percent or higher from a recognized institution. There will be no entrance examination for this program because there is none. Admissions are made purely based on the marks obtained in the qualifying exam
Applicants can submit an application for the Certificate Course in Finance, Accounting, and Taxation program either offline or online through the official websites of the respective institutions. Admission, entrance test, and other important dates will be communicated to applicants via email or posted on the university's official website as soon as they become available.
S.No. | Colleges Name | Location | Fees (Average) |
1 | AKB Institute of Finance and Management | Faridabad | NA |
2 | Council of Education and Development Programmes | Mumbai | NA |
3 | Nalbari commercial college | Nlabari | 12,000 INR |
4 | Ramakrishna Mission Shilpamandira Computer Centre and ITI college | Howrah | NA |
5 | Maharishi Dayanand Vocational Training Institute | Lucknow | NA |
6 | Mysore University | Mysore | 20,000 INR |
7 | Silver Oak University | Ahmedabad | 35,000 INR |
Following is a list of subjects that are included in the syllabus of the CCFAT course, which is widely used by all universities, is mentioned below:
In India, the average curriculum fee for this course is between INR 4000 and 12000 for a one-year duration course. Which vary from university to university depending on the standards set by each institution
Certificate courses in finance, accounting, and taxation are a great way for graduate students to gain a more in-depth understanding of the course while also being able to pursue careers in a variety of fields. They can begin their professional careers in fields such as international finance, taxes, auditing workplaces, property investment financing, budget analysis, and management accounting offices, among others.
The CCFAT Subject is designed to provide graduate students of this course with the greatest number of job opportunities possible.
They can pursue careers in accounting, revenue generation, assistant management, marketing management, personal management, and a variety of other fields. Students can submit an application for a certification course in financial tax and accounting programs either online or offline by visiting the official websites of the respective colleges.
The application process is simple. All pertinent information, such as the deadline for submission, the location of the entry exam, and other relevant details, will be sent to applicants via email or posted on the official site.
Revenue agent
Tax identification and collection, tax auditing, and a variety of other services are performed.
Salary- 5 to LPA
Marketing manager
Strategists are responsible for the development, implementation, design, and execution of business strategies.
Salary- 6 to 8LPA
Assistant manager
Customers' performance is monitored, managerial tasks are carried out, and customer service is provided, among other responsibilities.
Salary- 5 to 6LPA
Corporate taxation
Operating procedures and status updates for business corporations are maintained.
Salary- 2 to 3LPA
Accountant
Prepare assets and liabilities reports; analyze account information, and auditing documents, among other things.
Salary- 2.5 to 3 LPA
Tax policy analysis
Prepare sales tax returns, tax returns, excise tax returns, payroll returns, and a variety of other tax returns.