The accountancy profession has seen some rapid growth in
recent years because of vast changes that have taken place in the country’s economy.
Today, I see a large number of companies relying on CA firms to handle their
financial matters. Chartered
accountant firms offer the following important services to
help all sorts of businesses and individuals.
- Accountancy: This service is for preparing detailed financial statements as well as maintaining of accounts. Right from simple bookkeeping to elaborate and composite financial analysis, CAs are ready to handle anything that comes across.
- Auditing: It is undoubtedly one of the most vital jobs performed by chartered accountants. It includes the projection of fair financial statements in order to justify an organization’s state of affairs.
- Tax Planning: With a large number of taxes present, it requires proper judgment, training, and skill to perform appropriate tax assessment for maintaining financial accounts that are up-to-date. The CAs can easily prepare tax returns and help you in tax planning as well.
- Cost Accountancy: CAs are capable of working out costs related to certain businesses processes. This costing info helps during the introduction of cost control methods, cost management as well as during determining selling prices.
- Company Financial Matters: Chartered accountants in delhi can assist in matters like the liquidation of money, determining of financial structure and formation of financial assessment report. Some CAs also specialize in undertaking tasks like registration as well as secretarial works.
- Investigation: These professionals are often hired for carrying out investigations in matters related to business amalgamations, business reconstruction, financing and issuing of some new share capital.
- Trustees or Executors: some people often appoint experienced CAs as an executor for handling estate administration or settlements in case of trusts or wills. In such cases these professionals work closely with lawyers or solicitors.
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