The Institute of Practical Learning for Accounting Professionals:Bridging The Skill Gap In The Evolving Accounting And Taxation Field With Practical Based Training
CMA Gaurav Kumar, Co-Founder The Institute of Practical Learning for Accounting Professionals
The traditional role of accountants has evolved tremendously with respect to the present highly competitive business scenario with the new government compliances. The responsibilities of an accountant became more complex as they have to adhere to the changing government compliances and report to various tax & Non tax authorities such as GST, Income Tax, TDS, and PF/ESI on e-portals. Therefore, today's aggressive market environment demands actual practical working knowledge from every aspiring accountant. Unfortunately, most of the accountancy students are not exposed to the practical functions as they are not getting the chance to learn Practical aspects of accounting & taxation software including working on the government e-portals due to the lack of practical experiences of faculty and non-availability of actual data of clients for practice. Keeping the future global business competencies in mind, CMA Gaurav Kumar and Nishant Gupta, two professionals having more than 10 years practical exposure in Accounting, Direct & Indirect taxation, Costing, Audit, ROC Compliances along with Payroll founded The Institute of Practical Learning for Accounting Professionals (IPLAP), an out-of-the-box institution that combines actual client projects and real-life data with the counsel of highly experienced faculty and ensures successful career for students through cutting-edge practical exposure.
"Institute's mission is to ensure job placement to every enrolled student and for that we are focusing on providing them practical exposure".
"Institute's mission is to ensure job placement to every enrolled student and for that we are focusing on providing them practical exposure. Today, Accounting Professionals are expected to showcase technical competence, professional skills and better presentation skills and at IPLAP, we are imparting upgraded Practical Training, which will allow the new accounting professionals to match the future requirements," says Nishant Gupta, Chairman and Co-Founder of IPLAP. In all means, IPLAP is redefining and upgrading the student skills according to not just Indian market requirements but also to the global market standards. Their aptly formulated courses prepare and groom students to take on new roles and challenges in the professional life. "IPLAP's courses are designed in keeping mind the Job Prospects of those students who want to make their career in Accounting & Taxation and also those who want to add in career development programme," affirms CMA Gaurav Kumar, Co-Founder of IPLAP.
Providing Best-in-Industry Teaching Methods
The Flagship course of the institute is Diploma in Career in Accounting and Taxation where student get trained on eight core subject (Manual Accounting, Computerized Accounting (Tally & Busy), International Accounting, GST, Income Tax & TDS, Payroll, Microsoft Excel along with Personality development. The institute is promoting Live E-learning and assessment test through interactive online portal. At every level, the student will be assessing on every subject through Objective questionnaire and practical test on online portal to assess the learning of the student. The entire course structure and training will provide confidence to student to perform better during job challenges.
Along with these primary courses, IPLAP also offers certificate courses in 'GST Training with E-way Bill', 'Income Tax & TDS Training', 'Busy Accounting Training', Advance Microsoft Excel and Personality Development with a special emphasis on the changing industry trends. "After GST Introduction in India, monthly GST compliance processes are a hectic task. Moreover, the complex nature of GST portal and the acute shortage of institutes providing Live Training on GST & E-way bill Portal have widened the skill gap. To bridge this gap, IPLAP is providing Full Practical Based Training on GST & E-way bill portal to learn GST Registration, Amendment in Registration, Invoice, GST Payment, GST Returns and E-way bill and many more tabs of Portal," Gaurav stated.
The institute's efforts to provide best-in-industry teaching methods don't stop here. Eying on the ongoing digitalisation and its immense future possibilities, IPLAP has prepared a special training for Live e-learning on the Government taxation online portals. The training on the subject is provided on the relevant online portal where candidates do actual work and file the required returns on the portal. To support students in their learning, the classroom is equipped with desktops, projectors, big LED monitors and licensed full version accounting software. The institute also provides additional two hours daily practice on live client data for gaining actual work experience.
Making Aspiring Accountants Future-Ready
IPLAP have tie-up with the more than 200 companies to provide internship training at client location; additionally, the institute also provides over 350 clients' real accounting data to enhance practical skills. Above all, their teaching faculty comprises well-qualified members with vast professional experience. Majority of the faculty members are Chartered Accountants, Cost & Management Accountants, Lawyers or MBA graduates and dealt with above 350 clients around world. With such strong faculty and curriculum, IPLAP could place around 500 students in different job positions. These milestones are a symbol of institute's burgeoning growth and soaring academic excellence. In the coming years too, IPLAP endeavours to par excellence in the field of Accountancy & Taxation, constantly revises their curriculum and introduces new teaching schemes with the mission to enhance the educational standards for accountancy students in the country, as well as prepare them for the global markets.
CMA Gaurav Kumar, Co-Founder
The co-founder of IPLAP, CMA Gaurav Kumar possesses more than 10 years of wide practical exposure in different fields such as Indirect Taxation, Costing, Cost Audit, ROC Compliances & Filling, Payroll, PF/ESI & Custom. He has worked in many prestigious companies as Sr. Manager (Costing) and Taxation Manager (Indirect). Holding degrees in FCMA and B.Com (H), Gaurav Kumar is also a notable Indirect tax & Management Accountant and Cost Consultant.
"Institute's mission is to ensure job placement to every enrolled student and for that we are focusing on providing them practical exposure".
"Institute's mission is to ensure job placement to every enrolled student and for that we are focusing on providing them practical exposure. Today, Accounting Professionals are expected to showcase technical competence, professional skills and better presentation skills and at IPLAP, we are imparting upgraded Practical Training, which will allow the new accounting professionals to match the future requirements," says Nishant Gupta, Chairman and Co-Founder of IPLAP. In all means, IPLAP is redefining and upgrading the student skills according to not just Indian market requirements but also to the global market standards. Their aptly formulated courses prepare and groom students to take on new roles and challenges in the professional life. "IPLAP's courses are designed in keeping mind the Job Prospects of those students who want to make their career in Accounting & Taxation and also those who want to add in career development programme," affirms CMA Gaurav Kumar, Co-Founder of IPLAP.
Providing Best-in-Industry Teaching Methods
The Flagship course of the institute is Diploma in Career in Accounting and Taxation where student get trained on eight core subject (Manual Accounting, Computerized Accounting (Tally & Busy), International Accounting, GST, Income Tax & TDS, Payroll, Microsoft Excel along with Personality development. The institute is promoting Live E-learning and assessment test through interactive online portal. At every level, the student will be assessing on every subject through Objective questionnaire and practical test on online portal to assess the learning of the student. The entire course structure and training will provide confidence to student to perform better during job challenges.
Along with these primary courses, IPLAP also offers certificate courses in 'GST Training with E-way Bill', 'Income Tax & TDS Training', 'Busy Accounting Training', Advance Microsoft Excel and Personality Development with a special emphasis on the changing industry trends. "After GST Introduction in India, monthly GST compliance processes are a hectic task. Moreover, the complex nature of GST portal and the acute shortage of institutes providing Live Training on GST & E-way bill Portal have widened the skill gap. To bridge this gap, IPLAP is providing Full Practical Based Training on GST & E-way bill portal to learn GST Registration, Amendment in Registration, Invoice, GST Payment, GST Returns and E-way bill and many more tabs of Portal," Gaurav stated.
The institute's efforts to provide best-in-industry teaching methods don't stop here. Eying on the ongoing digitalisation and its immense future possibilities, IPLAP has prepared a special training for Live e-learning on the Government taxation online portals. The training on the subject is provided on the relevant online portal where candidates do actual work and file the required returns on the portal. To support students in their learning, the classroom is equipped with desktops, projectors, big LED monitors and licensed full version accounting software. The institute also provides additional two hours daily practice on live client data for gaining actual work experience.
Making Aspiring Accountants Future-Ready
IPLAP have tie-up with the more than 200 companies to provide internship training at client location; additionally, the institute also provides over 350 clients' real accounting data to enhance practical skills. Above all, their teaching faculty comprises well-qualified members with vast professional experience. Majority of the faculty members are Chartered Accountants, Cost & Management Accountants, Lawyers or MBA graduates and dealt with above 350 clients around world. With such strong faculty and curriculum, IPLAP could place around 500 students in different job positions. These milestones are a symbol of institute's burgeoning growth and soaring academic excellence. In the coming years too, IPLAP endeavours to par excellence in the field of Accountancy & Taxation, constantly revises their curriculum and introduces new teaching schemes with the mission to enhance the educational standards for accountancy students in the country, as well as prepare them for the global markets.
CMA Gaurav Kumar, Co-Founder
The co-founder of IPLAP, CMA Gaurav Kumar possesses more than 10 years of wide practical exposure in different fields such as Indirect Taxation, Costing, Cost Audit, ROC Compliances & Filling, Payroll, PF/ESI & Custom. He has worked in many prestigious companies as Sr. Manager (Costing) and Taxation Manager (Indirect). Holding degrees in FCMA and B.Com (H), Gaurav Kumar is also a notable Indirect tax & Management Accountant and Cost Consultant.
