Chartered accountants are fully qualified accountants that take on a broad and important role. In a nutshell, they analyse and provide information about financial records, with focus areas including financial reporting, taxation, corporate finance, business recovery, and insolvency
Responsibilities of a chartered accountant
The details of your role as a chartered accountant will vary depending on your area of focus and the sector that you work in. However, you can generally expect day to day responsibilities to include.
GST/IT returns and notices handling
Liaising with auditors (internal or external), consultants for GST/IT etc.
Managing budgets
Undertaking financial audits
Providing financial advice & Profit and loss analysis for ongoing contracts tenders
Liaising with clients, individuals, and businesses
Analyzing risk
Advising on tax planning
Maintaining accounting records and preparing accounts information
Counselling clients on areas of financial improvement
Managing junior colleagues
Producing reports and recommendations following the audits
Preparing financial statements and monthly and annual accounts
Negotiating terms with suppliers
Invoicing Roles and Responsibilities