• Fri. Sep 24th, 2021

Accountant Scope in India

Accountants in India provide a wide range of services to individuals, businesses and corporations. Accountants in India provides bookkeeping, income tax preparation, financial planning and management services to individuals as well as small/medium sized enterprises (SMEs) on behalf of their clients. Accountants in India can be obtained at the expense of your company, but you need to give a lot of consideration to things like – location, hours of operation, timings, quality of services offered, quality of support, rates, portfolio, experience and competency of the accountant you are approaching.

As far as the services to individuals are concerned, accountancy services India provides includes help with IRS return filing, tax planning and advice, making bank reconciliation, preparing payrolls, making bank statements, tax planning and audit support and other related services. Now, the services to small/medium sized enterprises (SMEs) are also extensive. Accountants in India offers office support, accounting and consulting services to SMEs. These are generally on a contract basis. Some of the popular services being offered by accountants in India include providing business valuation, financial plan designing, lead generation and data cleansing.

As far as the services to corporations are concerned, corporate tax planning and execution, corporate pension plans, insurance policies, acquisitions, mergers, divestitures, etc are some of the common options that an accountant in India can offer to his clients. There are many more areas of specialization that can be explored by accountants. In order to get the best professional assistance, you need to find the right accountant in India that is right for your needs and requirements. You can do this by referring to the accountant scope in India, which has been designed by a renowned professional body called Institute of Chartered Accountants of India (ICAI). This website contains all the information that you will need to know about an accountant in India.

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