Who is
Chartered Accountant?
A chartered accountant is a
legally certified accountancy and financial expert providing specialist
services to individuals, businessmen, corporates etc. They are
independent business advisors who help individuals and corporate clients
set up and develop their businesses and companies.
They are responsible for preparing and maintaining the accounting
systems, interpreting the financial data and preparing various reports.
His work also involves supervising the work of accounting employees and
sometimes participating in management decisions.
Accountancy Services Offered
These financial and accountancy experts offer an extensive range of
services. Some of the services that accountants offer are:
- General Book keeping
- Making financial Statements
- Auditing the accounts of a company
- Bank reconciliation reports
- MIS reports
- Detecting and preventing financial frauds
- Management accounting
- Financial planning
- Financial reporting
- Corporate finance
- Advice on the right kind of investment
- Tax planning
- Management consultancy
- Setting up a new business / merger acquisitions / joint ventures
etc.
Accountant's Qualification and Regulation
Accountants in different countries have to fulfill different
requirements for entering into the profession.
The professionals are licensed by different organizations, including
the Association of Chartered Certified Accountants (ACCA) and Institute
of Chartered Accountants, and are given different titles including
Chartered Certified Accountant (CCA), Chartered Accountant (CA),
Certified Public Accountant (CPA), Certified Management Accountant
(CMA), Certified General Accountant (CGA) and Certified Practicing
Accountant (CPA).