Ca

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Querist : Anonymous

Querist : Anonymous (Querist)

16 October 2014 i may be sound stupid but i want to know what work ca does ? :$ i want to work in the field of account finance...everyone suggest ca

Ankur Garg

Ankur Garg (Expert)
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16 October 2014 CA is a Finance professional responsible for management of Finance function of company. Many Chartered Accountants (CA's) occupy key posts in business firms. They deal with the management of money, prepare and analyse accounts and provide financial advice.

Accountants and auditors prepare, analyse and verify financial reports for businesses and government organisations. The accounting department figures profits for the company, prepares its taxes and keeps track of the cost of running the company. The auditors check those calculations to verify their accuracy.

Chartered Accountants maintain the records of financial transactions which every organization is required to keep by law. They keep records of the income and expenditure of the company and form the basis of the annual accounts. A firms account books need to be audited by a qualified accountant, and certified to be ‘true and fair' giving full view of the company's affairs. Only qualified Chartered Accountants are legally allowed to audit a company's books. Public sector organizations must have their accounts checked by an appointed firm of accountants. Chartered Accountants are members of the Institute of Chartered Accountants of India. Only members of this Institute can call themselves Chartered Accountants. Under the Companies Act, Chartered Accountants in professional practice are authorized to audit company accounts.

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