The chartered accountant is the international equivalent of a certified public accountant. Like the CPA, a CA is a licensed part of an organization of accountants. Depending on what industry you work in, and what level of experience you have, the duties of a chartered accountant are varied.
A chartered accountant creates or audits financial statements. Financial statements report company expenditures, revenue, assets and losses. Some chartered accountants are responsible for filing statements with government or public officials in their country.
Some chartered accountants prepare and pay taxes for companies. A chartered accountant may help individuals with filing taxes. Chartered accountants are to know government laws and tax rates, and to comply with them.
Similar to a Chief Financial Officer, a chartered accountant can work her way up to executive level. At that point, she may share responsibility for the financial future of a company and the growth of its assets. Executive chartered accountants are responsible for duties such as budgeting, managing company funds, paying salaries and layoffs in financial hardship.
Although some chartered accountants work with statements and taxes, there are numerous other jobs chartered accountants hold. Some start entry level positions paying bills, or they work as a specialized accountant such as a cost accountant who analyzes operational costs for management to improve budgets. Chartered accountancy agencies hold many licenses, so a CA can choose what he wants to specialize in.
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