A Tax Auditor is responsible for ensuring that the financial records of the taxpayer are in accordance with the provisions of the law.
Personal Competencies
You are good at Maths
You like to lead
You like to analyze problems/situations
Entry Pathway
1. Complete 10+2 in Commerce or Science stream (Physics, Chemistry and Mathematics)
2. Complete Bachelor’s degree in any subject, take the UPSC Exam and qualify for Indian Revenue Service (IRS)
OR
3. Complete Bachelor’s degree in Accountancy/ Business/ Economics/ Finance or any related subject, obtain relevant certification (Chartered Accountant/ The Institute of Cost Accountants of India/ Company Secretary/ Certified Information Systems Auditor etc.)
OR
Complete Bachelor’s degree followed by a Master's degree in the same or related field
Please check the duration of the course during enrolment
Where will you study?
The Accountancy course is offered by the Department of Commerce. This list of institutes is indicative only
Government Institutes 1. Gondwana University, Gadchiroli 2. Mizoram University, Aizawl 3. Andhra University, Visakhapatnam 4. University of Burdwan, Bardhaman 5. Jai Narain Vyas University, Jodhpur 6. Alipurduar University, West Bengal 7. Gangadhar Meher University, Sambalpur 8. Lalit Narayan Mithila University, Bihar
Private Institutes (Please check if Institute is affiliated and accredited with UGC before applying) 1. Loyola College, Chennai 2. Narsee Monjee College of Commerce and Economics, Mumbai 3. Ahmedabad University, Ahmedabad 4. Chandigarh University, Chandigarh 5. Galgotias University, Greater Noida 6. Jaipur National University, Jaipur 7. M. S. Ramaiah University of Applied Sciences (MSRUAS), Bangalore 8. Ethiraj College For Women, Chennai
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
Fees
The approx. course fee ranges between INR 7,000 - 5,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from institute to institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Banks, Chartered Accountant Firms and Non-Banking Financial Units among others.
Work Environment: It is a desk job. You may handle a team. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Vishakha Mulye is the Chief Executive Officer of Aditya Birla Capital Limited (ABCL), the holding company of all the financial services of the Aditya Birla Group. Before that, she had been with the ICICI Bank since 1993. She is Chartered Accountant.*
Tax Auditor
NCS Code: 2411.0200 | BFSI121. Complete 10+2 in Commerce or Science stream (Physics, Chemistry and Mathematics)
2. Complete Bachelor’s degree in any subject, take the UPSC Exam and qualify for Indian Revenue Service (IRS)
OR
3. Complete Bachelor’s degree in Accountancy/ Business/ Economics/ Finance or any related subject, obtain relevant certification (Chartered Accountant/ The Institute of Cost Accountants of India/ Company Secretary/ Certified Information Systems Auditor etc.)
OR
Complete Bachelor’s degree followed by a Master's degree in the same or related field
Please check the duration of the course during enrolment
The Accountancy course is offered by the Department of Commerce.
This list of institutes is indicative only
Government Institutes
1. Gondwana University, Gadchiroli
2. Mizoram University, Aizawl
3. Andhra University, Visakhapatnam
4. University of Burdwan, Bardhaman
5. Jai Narain Vyas University, Jodhpur
6. Alipurduar University, West Bengal
7. Gangadhar Meher University, Sambalpur
8. Lalit Narayan Mithila University, Bihar
Private Institutes
(Please check if Institute is affiliated and accredited with UGC before applying)
1. Loyola College, Chennai
2. Narsee Monjee College of Commerce and Economics, Mumbai
3. Ahmedabad University, Ahmedabad
4. Chandigarh University, Chandigarh
5. Galgotias University, Greater Noida
6. Jaipur National University, Jaipur
7. M. S. Ramaiah University of Applied Sciences (MSRUAS), Bangalore
8. Ethiraj College For Women, Chennai
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online Courses
• NPTEL* Swayam: https://swayam.gov.in/explorer?searchText=accountancy
• Udemy: https://www.udemy.com/courses/finance-and-accounting/accounting-bookkeeping/
• Coursera: https://in.coursera.org/courses?query=accounting
*NPTEL stands for National Programme on Technology Enhanced Learning. It is by the Government of India and offers a variety of courses in an audio-video form
The approx. course fee ranges between INR 7,000 - 5,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from institute to institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Banks, Chartered Accountant Firms and Non-Banking Financial Units among others.
Work Environment: It is a desk job. You may handle a team. You are likely to work for 5 to 6 days a week for 8 to 9 hours every day. This may vary from organization to organization.
Opportunities for work exist for differently abled in this field
Audit Clerk → Auditor → Executive Auditor → Senior Executive Auditor → Manager
The approx. salary of an Auditor ranges between INR 13,000 - 85,000* or more per month.
Source: https://www.payscale.com/research/IN/Job=Auditor/Salary
*These figures are indicative and subject to change
Experts from the field
Vishakha Mulye is the Chief Executive Officer of Aditya Birla Capital Limited (ABCL), the holding company of all the financial services of the Aditya Birla Group. Before that, she had been with the ICICI Bank since 1993. She is Chartered Accountant.*
Source: https://www.jagrantv.com/en-show/aditya-birla-capital-appoints-vishakha-mulye-as-the-new-ceo-biography-awards-and-achievements-and-career-rc1030353
*The above information is for training purposes only and will not be used for any commercial gains
arbitrator, internal auditor, external auditor