Importance of CA/Finance Professional In Covid -19 Times

Importance of CA/Finance Professional In Covid -19 Times

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Created By Admin Last Updated Fri, 28-Aug-2020

The role of a CA/Finance Professional in an organization is very challenging, particularly in adverse circumstances, such as what we are presently going through. Effective and robust CA coaching often prepares professionals to handle such grim situations.

As it appears, if we crystal gazes into the future, this pandemic is going to be around for quite some time, until we find a vaccine, which may take a very long time. If we all have to overcome the situation, there is a serious need to strengthen our defences and take every precaution to safeguard ourselves, our family, our company, our economy and our country. All of us, have perhaps now understood how interlinked we are and it is indeed this small but dangerous virus that has provided this reality check to us.

Environment, the Ozone layer, the forest, the rivers, the oceans, the air have all been brutally being polluted and destroyed, as never before. Countless species, plants, flora, animals, birds have been made extinct and decimated forever. We have in fact plundered the future from all generations to come.

We work together

With this context, I would like to present the way forward to CA/Finance Professionals, in their efforts to mitigate the seemingly hopeless situation. As CA/Finance Professionals, our rigorous CA coaching in India has given us the added responsibility to fulfil, as perhaps, we have a fairly good overview of the shape of things that matter.CA coaching in India

The advancement of our society is a collective effort. Our mitigation efforts can only reap dividends if all of us, the professional members of the society, apart from the general civil society -Doctors, Lawmakers, CA/Finance Professionals, Engineers fully understand and fulfil our respective roles, in a collaborative, as well as collective manner.

It is imperative that we understand that strength of the chain is only determined by its weakest link.

CA/Finance Professional and the Virus

Just as our body needs to be protected from the Virus in the same way an Organization may have to be protected from various risks like frauds, systemic weaknesses, non-compliances or any such hazards.

The human body can protect itself by remaining healthy and building a good immune system. This will prepare the body for its first line of defense, Antibodies at times of attack from any Virus. Similarly, a CA/Finance Professional who has been efficiently trained in one of the best CA coaching classes in India acts as antibodies to protect and ring fence the Organization and also provide essential services to the various stake holders. The various stake holders are, Employees, Shareholders, Service Providers, Vendors, Customers and the management, as well as the society in general.

Role of a CA/Finance Professional

The exact role of a CA/Finance Professional would be dependent on the nature of the organization, the industry type and the position offered/occupied by him/her. CAs and finance professionals are adequately trained in CA coaching classes in Bangalore & India to understand the organization and customize their approach.

Each organization has its Vision/Mission and each one has to adhere to his/her own responsibilities given. The role may change as the organization grows and so may the responsibilities. In case the role is not directly provided as per the appointment terms, then the same may be drawn in consultation with the superiors. CA coaching allows professions to be malleable and adaptable to their changing roles based on organization requirement.

However, whether it is the entry level position or the highest level CA/Financial level, the essence or core values of the function taught in the best CA coaching classes in India remain the same for all.

CA Coaching in India prepares a CA/Financial Professional for a role that is inclusive of Accounting, Auditing, Taxation, or any other related area. This would encompass the financial activities of the entire organization.

In fact, the CA/Finance Professional are also trained right from the start in CA coaching to be the custodian of all matters in respect of Statutory Matters, with numerous ever-changing statutes, govt agencies, banks apart from the Management. In order that he/she fulfils the onerous responsibilities, there is a compelling need to have knowledge updation and be ever vigilant to any new threats to the organization. Some of the best CA coaching in Bangalore and best online CA coaching offer these facilities.

The following are some of the qualities that are instilled in CA/Financial Professional as they start CA Coaching in India. They need to possess & develop these skills if he has to be successful:

·         Personal Integrity

·         Knowledgeable

·         Discipline

·         Team Player

·         Tech Savvy

·         Good Communicator

 It is sometimes difficult that a person has all the requisite qualities but nevertheless these maybe inculcated along the journey and enhanced.