Within a comparatively short period of time India has emerged as the new financial super power. Experts are predicting it that in another decade India will strengthen its position as an economic super power both in the Asia Pacific region and the globally. This transition has brought in many new dimensions to the economy of the country. Many new industries have been found a rich soil in India. Chartered account services in India are among the sunrise segments that lends vital support to both private and the public sector.
CA India has carved its own niche in the world platform, Indian taxation is one of the most coveted taxation systems and Indian Industrial sector desperately needs competent CA services.
The CA India offers a range of services some of which are discussed below.
1. Audit and Assurance Advisory Services –
Some of the key audit services are statutory audits for corporate, internal audits, audit under value added tax and tax audits for both large and medium scale firms as well as individuals. Industry insiders have a clear picture that audit plays a key role in the healthy financial management system for any particular firm irrespective of the size and operational area. At the same time this has vastly been recognized that auditing needs quality expertise.
2. Management Assurance Services –
With growing competition the industry across different sectors have agreed to the point that internal audit is one of the key factors for sustaining the steep competition. In other words, the deep understanding provided by the services like Internal Control Review and the Management Information System Audit are vital for strategic positioning.
3. Corporate Law and Secretarial Services –
CA India includes services like Corporate Personal financial planning, Formation of trusts, Wills, Insurance Advisory and Investment Planning. Most of the firms are delighted to extend their range of services to the NRIs as well. Company law includes a variety of legal and secretarial services starting from the formation of the company to representing the company in case legal tussles or before different government agencies.
4. Taxation –
Taxation forms a huge aspect for the company; an able tax consulting firm looks after aspects like income tax assessment tax planning, fringe benefits, service tax and value added tax.
Entrepreneurial service, NRI services, Secretarial services, Accounts services, KPO services etc are some of the other services provided by the CA India companies. The range of services is truly impressive and is extremely beneficial for any individual or corporate clients.