Role of a Chartered Accountant in Nation Building
Role of a Chartered Accountant in Nation Building Chartered Accountancy not only deal with debit-credit of the accounts but they play a very important role at a big level in nation-building. CAs are foundation base of the economy and utilizing the financial expertise, the nation gets right direction in various financial and economy related measures to enhance the decaying Indian economy and enhance the economy along with industrial growth. Chartered Accountant contributes in fields of Tax planning, capital budgeting, budget forecasting, financing or any other activity, preparation of books of accounts, and in every field as well. In the current scenario, after GST implementation, the role of Chartered Accountants has become very important. From the drafting rules to provisions to implementation of GST, the role and expertise of CAs were utilized to the fullest. Some of the practical roles which are played by the Chartered Accountant is here: 1. Accountability 2. Social Accoun...