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How Chartered Accountant Firms Contribute To Better Business Health?

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By Author: Manishanil Gupta
Total Articles: 19
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A successful business has a plethora of accounting tasks, most of which an accountant cannot handle by himself. Needless to say, many of them like taxation and risk management are highly specialised fields and require a full time employee who is an expert in these matters. With such a complexity in your business, the best idea is to turn to the services of a chartered accountant.

A CA services firm, similar to many other domains of your business will be extremely specialised and often have a tax expert, a payroll expert a legal consultant etc.
Having them hired is as good as hiring a marketing expert for your firm. These CA firms are one of the most well trained professionals in the industry.

We all know how well developed tax structure India has, but Indian Tax system has gone tremendous changes in the past few decades which has led to a rise in demand for chartered accountants for services like gst audit and annual return. Here are some of the primary services provided by a CA firm:

Tax Advisory Service

This pertains to verification of company balance sheet, wherein, the CA company will provide you with an expert in tax law and income tax return filing and at the same time assess your tax planning structure.

Project Financing Service

This is involved in evaluation of your project in the aspects of capital required for the same.

Auditing Services

Audit services in Delhi are in huge demand and include evaluation of your firm in terms of financial records. The same is done in order to express an opinion after assessment of the company.

Management Assurance Service

This is related to managing the risk of a business by ensuring the proper function of work like external and internal policies of the firm, control review and control regulations etc.

Many other services offered by CA firms also include helping set up of a business in India, NRI taxation and services, auditing of various forms and company formation. These services are extremely viable and important for corporate businesses in order to set up a good base for your company.

Source: http://www.article.org.in/article.php?id=209537

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