Write short notes on: (ii) Services a Chartered Accountant can provide to society

The practice of accountancy has crossed its usual domain of preparation of financial statements, interpretation of such statements and audit thereof. Chartered Accountants are presently taking active role in company laws and other corporate legislation matters, in taxation laws matters (both direct and indirect) and in general management problems. Some of the services rendered by chartered accountants to the society are briefly mentioned hereunder: (i) Maintenance of books of accounts; (ii) Statutory audit; (iii) Internal Audit; (iv) Taxation; (v) Management accounting and consultancy services; (vi) Financial advice and financial investigations etc. (vii) Other services like secretarial work, share registration work, company formation receiverships, arbitrations etc.