Over the years, the Accountancy Profession has enjoyed significant growth due to the quality professional services provided by the Chartered Accountants. It has occupied a prominent role in the country’s economy and society. Only few years back there were very few numbers of Chartered Accountants in Nepal. Most of the people were unaware of Chartered Accountancy Profession and its importance. Statutory recognition is given to the CA and their audit/certification is insisted upon for various purposes. Gradually, people are becoming more aware and interested in it.

No wonder that the Chartered Accountancy is a high status profession and a passport to challenging and rewarding career in industry and commerce. Chartered Accountants are increasingly becoming an inseparable part of the top management level in all organizations whether they are public, private or government. Chartered Accountants can also set up an independent practice for Accounting, Auditing, and Consultancy services. The society has increasingly recognized the services of Chartered Accountants in entire array of management consultancy including management accounting, management information and control systems, information technology and financial service sector.  Accordingly the demand for Chartered Accountants is growing higher.

Instead of rendering professional services, the Chartered Accountants can join an industry or government organization and hold responsible position. Chartered Accountants are responsible for developing, analyzing and reporting information needed for business decisions. They also evaluate the financial effects of management’s actions. A Chartered Accountant may also take up the job of providing education at College/ University /Institute. Many Chartered Accountants hold responsible positions in business/industrial organizations as CEO, Managing Director, Director Finance, Chief Accountant, Chief Internal Auditor etc. Chartered Accountants can also provide audit/ certification work for various purposes in different statutes. Some of the Professional works carried out by the Chartered Accountants include :

Audit

Statutory Audit

Tax Audit

Internal  Audit

Management Audit

Performance Audit

Quality audit

Environmental Audit

System Audit, etc.

Consultancy Services

Accounting Consultancy

Tax Consultancy

Consultancy for company law matters

Preparation of project reports and feasibility study Report

Management accounting system, cost control and value analysis

Budgeting, Inventory management, working capital management

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

Advisor or consultant to an issue of securities Portfolio management consultancy etc.

Other Services

Income certification

Personnel recruitment and selection

Advice regarding amalgamations and mergers

Drafting of articles, memorandum and prospectus, etc.