What are the powers of a chartered accountant?

CAs conduct statutory, tax, and internal audits, providing assurance on financial records and statements.

Audit and Assurance:

CAs excel in tax expertise, offering advisory, planning, filing, and representation services.


CAs certify financial statements, ensuring compliance with accounting standards, Companies Act, and relevant regulations and laws.

Financial Reporting and Compliance:

CAs offer expertise in financial and business matters, aiding in planning, investments, risk management, and strategic decisions.

Consultancy and Advisory:

CAs, empowered by the Insolvency Code, act as IPs for resolution tasks.

Insolvency and Bankruptcy:

CAs represent clients before tax, GST, and regulatory authorities, aiding compliance, records, and legal requirements.

Representation and Compliance:

Specially trained CAs conduct forensic audits, investigate financial frauds, and offer expert opinions in legal proceedings.

Forensic Accounting and Investigation: