ROLE OF A CHARTERED ACCOUNTANT

The role of chartered accountant has changed over time. They are not merely postmortem officers. Five years back, people used to think that the chartered accountants are Compliance Officers. Today, they have proved that the Chartered Accountants are not the Compliance Officers but are the Business Solution Providers. Today, the Chartered Accountants are the strategic partners, business solution provider. Their function is not restricted to accounting, auditing or banking. Today the Chartered Accountants have a role in all the sectors. One should focus not only on the accounting aspect. For a Chartered Accountant, there is a much larger role and many of the decisions in today's time and world are based on sound analysis of the financial viability of any project or any new venture. So, Chartered Accountants have a huge responsibility, an important role to play in achieving these targets. Chartered Accountant is the one who brings more sanity, more strength and more thinking into any new project that an organization embarks on. A chartered accountant plays a vital role in many