Roles & Responsibilities of a Chartered Accountant

Roles & Responsibilities of a Chartered Accountant Presented By IS Gulati & Co

Let's first understand the role & responsibilities of a charted accountant and what services you can expect from IS Gulati & Co.

The CA profession is contributing a lot to the our country economy. But mostly it’s a supporting role, not a big leading role. The important role in economic development is played by government and entrepreneurs.

Supporting in Tax Compliance Supporting in tax compliance. This involves liaison with the government authorities, and they also represent their clients in courts, promote effective business operations by taking over the complex tax compliance part.

Financing • Another important role that CA perform in the economy of a country is that they help in Creating right opportunities by arranging for business finance. They play an important role in making the calculation and convincing the banks about the trustworthiness of entrepreneurs and business owners.

Auditing Auditing is one of the most important jobs that Charted accountants perform occasionally. However, It involves the repetitive but still necessary function of control procedures. Auditing is necessary as it helo to prevent all types of leakage from the economy and also help in preventing the creation of illegal money, properties, and frauds.

Accounting • It is a procedure that brings together expert rules of accounting in evolving business environment and to accommodate new developments in business. This ensures comparability, reliability and investor faith, which is good for our economy.

Role as a Tax Advisor Generally taxes provide big dent to the financial statements of most of the entities in our Country. This causes outflow of cash. This can be reduced by an expert. We as CA work as a tax consultant Service so as to reduce the tax liability with proper means.

Roles as a Financial Doctor Generally CAs are known as the financial experts as we understand finance much better than any other person. This helps people to save money which ultimately increases their profits through taxes is increased. This helps government as well.

Contact us Address SCF-16, Block-D, Ranjit Avenue, Amritsar. Punjab, INDIA Phone :- 9592961295 Email:- info@isgulati.com Website :- https://isgulati.com/ • Content Source:- https://isgulati.com/blog/index.php/what+are+the+roles+responsibilities+charted+accountant

Thanks You

Roles & Responsibilities of a Chartered Accountant