Business Accounting and Taxation [BAT Course]
The objective of the Business Accounting and Taxation course is to provide students with a foundational understanding of accounting concepts, taxation, payroll policies, and the essential economic disciplines. Taking a BAT course can give you the skills and knowledge you need to run an organization with departments like sales, accounting, and taxation. It is essential to investigate the concepts of business accounting and taxation, which are a major component of this program, in order to comprehend what this course is all about. Therefore, let's get started by examining the course's essential components.
| Column1 | Column2 |
| Full Form | Business Accounting and Taxation (BAT) Course |
| Institute | EduPristine, National Institute of Financial Markets, University of Madras, Indian School of Technology and Management |
| Duration | 3-6 Months |
| Salary | 2 Lakhs INR-8 Lakhs |
A certified six-month course in business accounting and taxation is offered by a few Indian institutions and is mostly designed by EduPristine. Let's first understand the two most important aspects of the BAT course:
Business Accounting
Business accounting is the process of keeping track of all the operations of a business. In this process, the financial documents are evaluated, documented, and interpreted.
Taxation
The process of taxation is followed by governments worldwide. It involves charging individuals, groups of individuals, or businesses to generate revenue that can be used for the country's development.
A BAT course aims to familiarize you with the fundamentals of the three fundamental facets of commerce—business, accounting, and taxation—whether you intend to pursue a career in accounting, finance, or taxation.
Let's look at some of the advantages of taking a BAT course:
• It is the ideal short-term PG diploma program for both commerce and non-commerce students because it is one of the best short-term courses after BCom.
• The BAT course aims to train students on an equal footing with certified CAs and MBAs by providing them with knowledge of technical accounting systems like SAP.
• The course was designed to help commerce graduates enter the field of accounting and taxation because of the rising demand for accountants in India.
• Genpact, Adobe, Bajaj, and others are among the top employers of the BAT course.
• While taking this course, you will not only learn accounting, but also financial reporting and auditing, which will open up additional fields and careers in commerce.
• ERP software, MIS reporting, SAP, Quickbooks, auditing, learning about payroll, Goods and Services Tax, and other important aspects of business, accounting, and taxation are just a few of the essential topics covered in this course.
• In India, the BAT course pays between 2 and 8 lakhs Indian Rupees.
Eligibility Criteria
A Bachelor of Commerce degree from a reputable educational institution is required to enroll in BAT classes at a recognized institution. In addition, the entry requirements may differ depending on the chosen institution.
How to Apply for the BAT Course?
You can either fill out the application online or download the offline form from the institute's official website to apply for the BAT course. A bachelor's degree, such as a B.Com. or B.B.A. is required. in a specialization or field related to commerce. The BAT course can be taken part-time or online, and tuition varies depending on the institution.
BAT Course Syllabus & Subjects Covered
As EduPristine is amongst the prominent educational institution to pursue a BAT course in India, we have summarised the major topics and pointers that have been prescribed under the program below:
| Column1 | Column2 |
| Topic | Concepts Covered |
| Financial Reporting using ERP Software – Tally | Types of Accounts and Double Entry Accounting System; Generally Accepted Accounting Principles; Flow of Transactions; Expense and Purchase Process, etc. |
| Direct Taxation | Tax Deducted at Source (TDS); Accounting for TDS; Income Tax Returns; Filing TDS Return, etc. |
| Payroll and its Components | Registration and Returns for Payroll Components; Understanding Payroll Components; Payroll in Tally, etc. |
| BUSY | Introduction to Busy; Transaction Posting; Extraction of GST Reports; Creation of Ledgers, etc. |
| Finalization of Financial Statements | Preparations of Financial Statements with notes; Understand and Computing Various Financial Ratios; Preparation of Trial Balance; Best Practices in Auditing, etc. |
| SAP Module (Simulation-Based) | Vendor and Customer Management; Delivery & Invoice Management; Liquidity Management; Cash and Credit Management |
| Excel and MIS Reporting | Introduction of Excel; Lookup Function – VLookup and HLookup; Objective and Advantage of MIS; MIS Reporting Using Excel, etc. |
| Goods and Service Tax (GST) | Refund of Tax; Input Tax Credit; Applicability of GST; Tax Invoice; Preparation of and E-filing GST Return, etc. |
Career & Salary After BAT Course
With an integrated degree in Business Accounting and Taxation, you can look into a wide range of career options. There are a variety of public and private sector career profiles from which to choose. A BAT course also gives students knowledge about the finance industry, giving them a wide range of skills. The following is a list of other suitable work profiles for a BAT course graduate, in addition to following the tax accountant career path:
• Analyst or a Senior Associate
• Assistant or Senior Manager
• Accounts Executive
• Deputy General Manager
• Lecturer
The entry-level salary after the BAT course is around 2 Lakhs INR to 8 Lakhs INR p.a.