Suman Munda

What are the most challenging roles that a Chartered Accountant can work on?

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by Suman Munda
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RE: What are the most challenging roles that a Chartered Accountant can work on?

Jyoti B Dhingra
Jyoti B Dhingra
Verified Career Expert
Education, Sports & Relationship Counselor
  • Mumbai

Hi,

Chartered Accountancy it self is a very challenging sector .All the roles which they play are connected with the finances ,which it self is quite challenging. A single mistake can create chaos in the finances.

Chartered Accounting is a profession in which a person works as a CA (Chartered accountant).He works in the areas related to audit work, tax device and finance management of any business oriented organization. Only few of the CA's enters the public sector while rest work in private sector field with some of them being appointed by the government authorities.

The most challenging roles which they play are listed as follows-
- They prepare personal or business income tax returns which are arranged for partnerships or trusts, companies, superannuation funds, rental properties and capital gains can only be managed by chartered accountants.

- They also help in assisting legally decreasing tax payments and other related issues.

- Business tax structure are other areas of accounts handled and advised by chartered accountants.

- Accounting is a formal system of collecting, organizing and reporting financial data that is used for making economic decisions with the rapid growth of the corporate sector.

- Their roles become more challenging when they start their own firms. In the beginning people don't trust the capabilities of a new firm.So they really have to work hard to establish them selves.

I hope the information given above will help you to a great extent.Wish you all the success.

ALL THE BEST!!!!!!!!

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