GAAP Online Courses & Certifications

Understanding Generally Accepted Accounting Principles

 

GAAP, also known as Generally Accepted Accounting Principles represents a set of detailed guidelines encompassing all legal procedures for better organisation and reporting of financial records. Its framework regulates accounting standards for all country-specific industries.

 

What skills do I need to become a GAAP professional?

 

Following skills are required to become a GAAP professional:

 

Technical skills

1. High proficiency in spreadsheet software
2. In-depth knowledge of project management software 
3. Experience in using tax preparation software 
4. Expertise in one or two account reconciliation software platforms 

 

Soft skills

1. Basic understanding of Generally Accepted Accounting Principles
2. Efficiency in performing holistic accounting research independently
3. Strong problem-solving expertise
4. Advanced mathematical reasoning
5. Excellent command over writing and speaking 

 

Tools

1. Microsoft Excel, Google Sheets
2. Microsoft SharePoint 
3. ATX Total Tax Office
4. Intuit QuickBooks

 

Who can learn GAAP?

 

1. Anyone who is well-versed with accounting and spreadsheet software can opt for a GAAP course. 
2. Any accounting professional looking out for a better role by improving his/her skills.

 

Eligibility criteria for GAAP certification

 

1. The candidate must be a commerce graduate.
2. Well versed in accounting and spreadsheet software.
3. Pass the GAAP exam with at least 50%.

 

Best online GAAP courses in India

 

Whether you are a fresh graduate or planning to move up in your profession, our platform has you covered with the top GAAP courses. Mentioned below are among the best ones:

 

1. Certificate Program in US GAAP on Ernst & Young
2. Interpreting non-GAAP Reports on Wall Street Prep
3. Financial Accounting for Corporations on eDX
4. Advanced Accounting on Wall Street Prep

Explore more free GAAP courses

 

Top GAAP Course Providers in India 

 

To specialise in GAAP, you can easily choose one of the many online courses. But, since there are so many course providers, it may be confusing to choose a GAAP course or a related one from a course provider that perfectly suits your aspirational objectives. So, before you finalise on one, do have a look at the most reputable online course providers and their GAAP-related courses below:

 

1. Financial Accounting: The Complete Introductory Crash Course on Udemy
2. Real Estate (REIT) Modeling on Wall Street Prep
3. Crash Course in Bonds on Wall Street Prep
4. Graspskills Financial Modeling with Excel Training Course on Graspskills
5. Business and Financial Modeling Specialization on Coursera 
6. Essentials of Corporate Finance Specialization on Coursera

 

Scope/Placement trends of GAAP in few years

 

The demand for GAAP-certified professionals and accounting professionals was severely impacted during covid time/

 

However, since accounting skills are relevant across industries, one can switch their career from one industry to another. By acquiring a GAAP training certificate, you are not only limited to the accounting industry but also industries such as IT-Software, banking, and KPO/Research/Analytics among others. 

 

In India, if you have accounting skills with a Commerce graduation background and GAAP certificate, you can find an in-demand job in several functional areas. Tax, audits, Customer Relationship Management or Enterprise Resource Planning within the IT sector. 

 

Explore top commerce courses

 

GAAP certification job titles

 

Earning a GAAP certification will help you find a job as a- 

1. Senior Consultant
2. Accounting Manager
3. Accounting Analyst
4. Financial Analyst
5. Senior Group Manager in Finance & Accounts
6. Finance Controller

 

Conclusion

 

If you have good accounting skills along with fine expertise in Microsoft Excel, choosing a GAAP certification will certainly boost your career. Since GAAP varies across different countries, you can even opt for a course to find a promising finance-related job in a different country. Even if you are at a mid-level accounting job in India, a professional GAAP course online will help you move up the job ladder in no time.