Chartered Accountancy as a profession is attracting a lot of young and witnessing a rapid growth, thanks to the developing corporate sector. Chartered Accountants usually occupy high and respectable posts in a given organisation. They are the ones responsible for handling accounts and finance related matters, deal with money management, prepare, analyse and audit accounts alongwith providing financial advice.
Only members of the Institute of Chartered Accountants can call themselves Chartered Accountants, upon attaining the certificate from the Institute. Legally only qualified Chartered Accountants are approved to audit and certify a company’s books of accounts. They ensure that the financial transactions of an organisation are maintained as per the guidelines laid down by the law. The accounting department prepares, analyses financial reports and documents of an organisation. Also they keep track of cost of management of the company and manage tax matters. Later these figures and statements are examined, verified and then certified by auditors.