
A Day in the work life of CA, partner- Deloitte
Key Responsibilities of Chartered AccountantsÂ
CAs are the primary financial consultants of an organisation and their key responsibilities include:
- Designing and controlling an efficient budgetary system of the organisation
- They determine the best ways for the effective utilisation of business capital
- They manage and install the cost accounting system of the organisation
- They advise from time-to-time on the financial status of the organisation and propagate methods for effective delegation of funds and budget
- They advise the board of directors on matters about international taxation, joint ventures, and foreign collaborations and on agreements of double taxation
- They prepare feasibility studies on expansion schemes and new projects by the organisation
- The CA acts as a registrar in matters about the transfer of shares and other securities
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