1. Financial Accounting and Reporting

- Preparation of Financial Statements: CAs prepare and present accurate financial statements, including balance sheets, income statements, and cash flow statements.

- Compliance: Ensure that financial reporting complies with the relevant laws, standards, and regulations (e.g., IFRS, GAAP).

- Analysis: Perform detailed financial analysis to provide insights into the financial health and performance of an organization.

2. Auditing:

- Internal Audits: Conduct internal audits to evaluate the effectiveness of an organization's internal controls, risk management, and governance processes.

- External Audits: Perform statutory audits to provide an independent opinion on the truthfulness and fairness of the financial statements.

- Compliance Audits: Ensure compliance with regulatory requirements and assess the adequacy of internal controls.

3. Taxation:

- Tax Planning: Develop strategies to minimize tax liabilities and optimize tax savings for clients.

- Tax Compliance: Prepare and file tax returns for individuals, businesses, and other entities.

- Tax Advisory: Provide advice on tax implications of various business decisions and transactions.

4. Management Accounting:

- Budgeting: Assist in preparing budgets and financial forecasts.

- Cost Management: Analyze and control costs to enhance profitability.

- Performance Evaluation: Develop and monitor performance metrics and key performance indicators (KPIs).

5. Consulting and Advisory:

- Business Strategy: Advise on business planning, strategy development, and decision-making processes.

- Financial Planning: Provide guidance on investments, mergers, acquisitions, and other financial matters.

- Risk Management: Identify, assess, and manage financial and operational risks.

6. Corporate Finance:

- Capital Raising: Assist in raising capital through equity, debt, or other financial instruments.

- Valuation: Conduct business valuations for mergers, acquisitions, or investment purposes.

- Financial Restructuring: Provide advice on financial restructuring and turnaround strategies for distressed companies.