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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.

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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).

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