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Interested in playing with numbers? Then pursuing auditing courses can be the best option for you. Auditing actually is inspecting all kinds of financial statements, and records related to a company or an organisation. Auditing is done by almost all the famous companies in the world irrespective of whether them being private or government. Financial statements need to be inspected for the smooth functioning of an organisation, and that is what free auditing courses online with certificate are for.
Auditing is crucial because it ensures the financial well-being of the organisation in accordance with accounting standards. After getting done with accounting certification online, free audit courses, and establishing yourselves as auditors you can start inspecting and making financial reports keeping in mind the transactions incurred by the companies.
What is Auditing?
Auditing is nothing but making an independent evaluation of the financial statements or information relating to any entity whether profit oriented or not. No matter what the size of the firm may be auditing ensures that the books of accounts are clearly, and correctly maintained based on law. Before making any report, the auditors consider all evidence, evaluate it, and then make propositions. In India, auditing can come in several different forms, for example, a financial audit, a company audit, a tax audit, a management audit, a compliance audit, and many more.
Who can learn Auditing?
If you are someone who is good at noticing minute specifications about something then being an auditor can suit you completely. Auditing can also require deep analytical skills, critical thinking, and even self-control. If you think these skills are there inside youand you can handle stress at every stage of your work then auditing is the best career option for you. In this case, auditing courses can help you with all the learnings.
Eligibility Criteria For Auditing Courses
Please find below the eligibility criteria for different online auditing courses that you might want to look at before you take into consideration in learning to audit:
Eligibility Criteria for Bachelor’s Degree in Accountancy
Students applying must have completed their 10+2 examination, and only from a recognized Indian board.
If required by certain colleges, passing certain entrance exams is also a must.
Eligibility Criteria for the Master’s Degree in Accountancy and Auditing
- Students applying for M. Com in Accountancy and Auditing will need to have a bachelor’s degree with a minimum of 55 percent, and that too from a recognized college in India.
- Also, the students will have to undergo postgraduate entrance exams whenever conducted by academic institutes.
- Students applying for MBA (Accountancy) will have to be a 55 percent marks holder from an institute in India, and also must have qualified entrance exams like CAT, XAT, and MAT.
Eligibility for Chartered Accountancy
- Candidates appearing for CA Foundation Course shall have to be a class 12 passout, and complete the Four Months Study Period successfully.
- For the CA intermediate Course, the candidates should have to pass Foundation Course or will be offered a direct entry in case you have a Bachelor’s/ Master’s degree with 55 percent marks in the subject accountancy.
Eligibility Criteria for Diploma Course
Students who have done their 10+2 level examination from a recognized board in India.
Entrance Exams for Audit Training Courses
To participate in auditing courses online, and free auditing courses online with certificate, to qualify as auditors, you can crack any one of the following entrance exams:
- Chartered Accountancy Examination
- The Institute of Cost and Works Accountants (ICWAI) Exam
- Common Aptitude Test (CAT)
- Management Aptitude Test (MAT)
- Delhi University Post Graduate Entrance Examination
- Certified Internal Auditor (CIA) Examination
- Certified Information Systems Auditor (CISA) Certification Examination
Skills Required For Auditing Courses
Auditing course need skills that can allow professionals to communicate with other employees, and help them verify companies information in finance. Here are some skills that are critical for online certification courses on auditing:
- Analytical Skills
- Mathematical Aptitude
- Business & Accounting Acumen
- Evaluation Skills
- Technical Skills
- Critical Thinking Skills
What You Will Learn in Auditing Online Courses?
Candidates who want to excel in auditing will be learning different topics from auditing courses, and free auditing courses online with certificate:
- Fundamentals of Mathematics and Statistics
- Multi-disciplinary Case Study
- Customs and FTP
- Cost and Management Auditing
- Direct Taxation
- Strategic Cost Management
- Cost and Management Accounting
- Indirect Taxation
- Strategic Performance Management
- Advanced Auditing and Professional Ethics
- Law and Ethics
- Business Valuation
- International Taxation
- Internal Auditing
- External Auditing
- Company Accounts and Audit
- Economics and Management
- Administrative Procedure and ICDS
- Corporate Laws and Compliance
- Corporate Financial Reporting
- Tax Laws and Practice
Popular Online Auditing Courses and Certifications
Auditing courses are taught using both online, and offline modes. Let us look at some of the most popular Auditing certifications online offered to interested candidates.
Professional Certificate in Strategic Audit Process Analysis
Metropolitan School of Business and Management, London
Here are some of the most popular certification courses with the certifications stream that are worth considering other than auditing courses:
Career Opportunities after Auditing Courses
Free online auditing courses are a very demanding profession and is recognized on a worldwide scale hence has a wide scope of career opportunities. Apart from being a high-level auditor for a big company, you can also be anyone from Budget Analyst, financial manager, personal financial advisor, management analyst, Comptroller Auditor General of India (CAG). All these careers can be pursued y learning constantly from the auditing courses online.
Salary Trends After Auditing Courses
After you learn auditing from some of the best auditing courses online, and free online auditing courses you may be able to settle with different auditing careers, and their average yearly salary trends mentioned in the table below:
Approx Average Salary (Per Annum)
Rs. 2,00,000 – Rs. 15,00,000
Rs. 2,00,000 – Rs. 15,00,000
Personal Financial Advisor
Rs. 1,50,000 – Rs. 12,50,000
Rs. 1,00,000 – Rs. 10,00,000
Rs. 1,60,000 – Rs. 12,50,000
Scope of Auditing Courses
Auditing courses can offer a lot of postins like financial analysts, auditors, management analysts, to chartered accountants. These can be either in big companies or small private firms. Not only in India but also globally auditing is a very important career one can pursue.
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- Top Certification Course Providers
Organisations like government, or insurance, or even finance companies hire auditing professionals so that the financial conditions can be assessed to so that business goals can be achieved. Below are some of the institutions that are top recruiters who can hire the candidates after they pursue free audit courses:
- Financial Management Consultancies
- Government Institutions
- Insurance Companies
- Finance Companies
- Accounting Companies
Auditng Courses by Top Providers
Udemy, and Vskills are some of the top-rated companies that offer auditing courses to you on an online mode. There the candidates can choose their time of study according to their time and priority.
Explore Popular Platforms Auditing Certification Courses
Here are some of the most popular auditing certification courses offered by some of the top providers:
Q) What kind of auditing certification courses should be pursued by you?
Ans) You can pursue auditing certification courses like financial modeling, financial management, financial services, and more.
Q) What are some of the skills that an internal auditor must have?
Ans) An internal auditor must have skills like communication, research, critical thinking, analytical skills, and more.
Q) What is the average salary that an auditor can make after learning through auditing courses online with certificate?
Ans) The salary that an auditor can make on average is between Rs. 3,00,000 - Rs. 8,00,000.
Q) What can you exactly do with a degree after pursuing an accounting course online?
Ans) With an accounting degree, you can build auditing skills, and be associated with the fields of finance or supply chain management.
Q) What is the age limit for pursuing free auditing classes online?
Ans: The minimum age limit is 17 years for appearing in the foundation-level CA exam.
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