'since all the accounts related topics are ultimately related to taxation-either direct or indirect taxes'-is it right to say that there is no need of accounts.only tax related entries to be made?please discuss the issue.
1 Replies
DHIRAJ
(Article assistant)
(67 Points)
Replied 30 January 2019
I think name "Chartered Accountant" should also be changed to "Chartered Auditor" or "Chartered Tax Consultant" because almost every ca firm is doing audit -vouching verification and tax related work - as filing return, compliane, preparing financial statements to save tax for clients and that to for whole year..Only few firms (big 4 & like ) and companies (banks and stock broker or mutual funs) are involved in different types of accounting related works....also our curriculum is also mostly focused towards audit related or tax related...
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