Opportunities for Chartered accountants CAs in the Field of Management Consultancy Services

A Chartered Accountant plays a vital role in assisting businesses to improve the use of their resources, increase their efficiency, and achieve their objectives. As a management consultant CA can also identify, evaluate, and recommend ways to increase revenue and reduce operating costs, analyze operations and suggest changes in structure and individual responsibilities,

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Created By Admin Last Updated Mon, 06-Jul-2020

Opportunities for Chartered accountants CAs in the Field of Management Consultancy Services

A Chartered Accountant plays a vital role in assisting businesses to improve the use of their resources, increase their efficiency, and achieve their objectives. As a management consultant CA can also identify, evaluate, and recommend ways to increase revenue and reduce operating costs, analyze operations and suggest changes in structure and individual responsibilities, conduct special studies, prepare recommendations, plans, and programs, and provide advice and technical assistance in their implementation.

Chartered Accountants by application of their technical knowledge and business experience have been able to cater to the client's changing needs. The services rendered by them include...

^ Market research and demand studies

^    Budgeting, inventory management, working capital management

^    Personnel recruitment and selection, incentive plans

^    Business policy, corporate planning, organization development, growth and diversification

^    Organization structure and behavior, development of human resources

^    Systems analysis and design, and computer-related services

^    Advisor or consultant to an issue

^    Registrar to an issue and for transfer of shares/other securities

^    Quality audit, energy audit, and environmental audit

^    Design, Development, and Implementation of the Strategy of the business

^    Development of KPIs that Support Strategic and Sustainable Goals

^    Provide Relevant Information for Better Decision Making.