Professional Opportunities For Chartered Accountants, The opportunities for a Chartered Accountant are clearly vast, the scope massive. For a small and medium practice to grow, the firm has to “THINK BIG”. Success comes only to doers and not onlookers and observers. Success demands maximum efforts. The key to success in life is to have faith in oneself.
There is no shortcut to success. And there is no substitute to hard work. But hard work must be in the right direction in order to yield the fruits of success. If you are prepared to invest your time in activities that generate results from the most potent section of your client base, then the results you will generate will not be marginal but dramatic.Professional Opportunities For Chartered Accountants
The secret lies in the Pareto principle
Opportunities For Chartered Accountants
- Under IFRS
- Environmental Accounting
- Human resource accounting
- Fraud and Forensic accounting
- Government Accounting
- Management Accounting
- Statutory Audit
- Internal Audit
- Concurrent Audit
- Stock Audit
- Revenue Audit
- Information Systems Audit
- Tax Audit
- Quality Audit
- Propriety Audit
- Legal Compliances Audit
- Energy audit
- Assurance on Sustainability reporting
- Competition Act 2002
- Arbitration and Conciliation Act,1996
- Prevention of Money Laundering Act 2002
- Micro Small and Medium Enterprises Development Act 2006
- Laws relating to Intellectual Property Rights
- Regulations applicable to NBFCs
- Foreign Exchange Management Act,1999
- Foreign Contribution (Regulation) Act, 1976
- Labour Laws
- Right to Information Act,2005
- Consumer Protection Act, 1986
- Special Economic Zones Act,2005
- Chapter VI of Foreign Trade Policy- 2004-09- 100 % Export Oriented Units (EOU) / Software Technology Parks( STP) / Electronic Hardware Technology Parks(EHTP) and Bio- technology parks[BTP]
- Securitization and Reconstruction of Financial Assets and Enforcement of Security
- Interests Act, 2002 (SARFAESI)
- Recovery of Debts due to Banks and Financial Institutions Act, 1993
- Drafting and conveyance
- Carriage laws
- Members of Judicial bodies
- Limited Liability Partnership
- Legal support and advisory services
- Direct Taxes
- Indirect Taxes
- International Taxation
- Strategic Management
- Change Management
- Quality Management
- Disaster Management
- Knowledge Management
- Directorship
A) Drafting, Conveyance, Stamping & Registration
Drafting- Partnership Deed
- MOA/ AOA
- Charitable Trust Deed
- Cooperative Societies (Rules & Regs)
- MOA/ AOA of Societies u/ Societies Registration Act,1860
- LLP Agreement and Incorporation Document
- Trust Deed / Private Family Trust Deed (Indian Trust Act 1882)
- Arbitration Agreement
- Joint Venture Agreement
- Foreign Collaboration Agreement
- Shareholders Agreement
- Stock Holders Agreements
- Stock Purchase Agreements
- Acquisition Agreements
- Franchisee Agreements
- Research & Development Agreements
- Technology Sharing Agreements
- Advertising Agreements
- Agency Agreements
- Service Agreements
- Consultancy Agreements
- Hire Purchase Agreements
- Credit and Conditional Sale Agreements
- Agreements for Sale, Mortgage, and loan
- Agreement relating to deposit of title Deeds
- Tenancy Agreements
- Franchising Agreements
- Purchase of a Flat
- Purchase of an Apartment in a Building (Commercial / Residential)
- Purchase of a Plot of Land
- Purchase License of Land /Apartment (Lease / Freehold)
- Development Agreement
- Will / Bequest Deed
- Transfer Deed
- Power of Attorney
- Lease Agreement
- Gift Deed of Property
- Construction Agreement
- Rent Agreement
- Sale/ Purchase Agreement
- Agreement to Sell
- Deed of Mortgage of Property
- Relinquishment Deed
- Surrender Deed in Cooperative Housing Society
- Mortgage Deed
- Patent and High Technology Agreements
- Licensing and Franchise
- Consulting and Know-How Agreements
- Joint Development Agreements
- Mass Market Licences like Shrink Wrap and use based licences
- Licensing of Software and Source Code Escrow Agreements, Motion Pictures for multimedia use, photographs etc.
- Software Development Agreements
- Agreement for Sale of Technical Know-How
- license of use of copy right
- Agreements relating to protection of designs/ trademarks/ patents/ and know how
- Bank Guarantee
- Loan agreements / lease deeds
- Overdraft agreements
- Letter of Credit
- Documents for obtaining EXIM Finance
- Agency Agreement
- Business Plan
- Term Sheet
- Warranties and Indemnities
- Disclosure Letter
- Shareholders' / Investors' Rights/ Subscription Agreement
- Internet agreements
- Software agreements
- Designing Code of Corporate Governance
- Designing Risk Management Framework
- Designing Internal control framework
- Designing Whistle blower policy
- Internal Audit of Code of Corporate Governance, Risk Management Framework, Internal control framework, Whistle blower policy
- Compliance of Internal Audit of clause 49
- Statutory auditor’s Certificate regarding compliance of conditions of corporate governance as stipulated in sub-clause VII(1) of clause 49
- Management Audit pertaining to various regulatory, statutory or listing requirements (Item 15 of Annex. 1A of clause 49)
- chairman of audit committee
- Independent director [clause 49 I(A)(iii) meeting a-f criteria]
- Assessment of internal control function under clause 49 V -CEO/CFO Certification
- Conceptualizing the project
- Drafting Project Concept Note
- Quantification of GHG Carbon Footprint
- Selection of Cleaner technologies for New projects
- Project risk analysis
- Making Project/ Project Design Document
- Legal and regulatory advice during negotiations with host country Designated National
- Authority (DNA)
- Advice on the appointment of independent validators
- Assistance to achieve registration of the project by the CDM Executive Board
- Ensure Compliances
- Tax structuring and optimization
- Assisting planning commission in their study
- Carbon Finance
- Advise to Govt- Central and state National Action Plan implementation
- Energy Audit
- Advise to investors about investment in carbon credit
- Accounting advisory services
- Taxation advisory services
- Drafting of Emission Rights Purchase Agreements ERPA
- Spotting and evaluating distressed companies for restructuring and rescue planning.
- Reviewing the various risks involved in restructuring.
- Developing risk mitigation strategies.
- Working out a detailed bankable financial structure of the business.
- Working out a detailed plan for restructuring the business from all angles.
- Assessment of distressed assets, cash position, due diligence and turnaround feasibility.
- Advice on optimum utilization of resources.
- Drafting insolvency petitions.
- Representation and registration of sick companies with BIFR.
- Representation before the Debt Recovery Tribunals.
- Negotiating settlements.
- Identifying Areas Of Opportunity for the company.
- Advisory in relation to a merger or acquisition or takeover.
- Advisory services to management on an ongoing basis.