Chartered Accountants utilize their accounting knowledge to serve the customer with financial planning and ensure that almost all tax-related activities comply with all applicable regulations. They are responsible for tax planning, account audits, and problem-solving for accounting-related difficulties.A Chartered Accountant's typical roles are listed below:<ul><li>Actuaries: They evaluate the monetary expenses associated with risk or uncertainty. An actuary uses mathematics, statistics, and financial theory to assess the risk associated with probable occurrences.</li><li>Auditor: They guarantee the accuracy of financial records and observe state laws regarding financial information. They also calculate tax preparation and tax returns.</li></ul>

There is a growing demand for Chartered Accountants as long as there is a need for tax assistance, a field with increasing employment opportunities. According to the Bureau of Labor Statistics (BLS), employment in this profession will increase by 10% between 2016 and 2026, which is faster than the national average rate for all occupations. According to projections, the employment of Accountants and Auditors will increase by 7% between 2020 and 2030, which is approximately average for all occupations. On average, there are projected to be 135,000 additional jobs for accountants and auditors over the next ten years (till 2030).

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The following are some of a Chartered Accountant's roles and responsibilities:<ul><li>Keeping accurate accounting records, identifying financial hazards, offering preventive actions, communicating with clients, partners in the company, auditors, and vendors, and making sure all legal requirements are met.</li><li>Providing customers with professional financial advice and services, looking into and resolving any financial inconsistencies, carrying out internal and external audits, and creating budgets, yearly reports, and plans.</li><li>Giving customers advice on financial deals, mergers, and acquisitions; assisting clients with reciprocity agreements, training agreements, or other tax/payment-related questions; examining the business' financial systems and practices; and processing online payments and bank statements.</li></ul>

Roles & Responsibilities

Average take home Salary for a Chartered Accountant in India is around ₹1211199 per year

Salary Breakup

The name of "chartered accountant" refers to a position that is found in Great Britain, Canada, India, Asia and Australia.  Its equivalent in the United States is a certified accountant.  There is little difference between the positions other than the name.

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Chartered Accountant

Salary Breakup

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