Tuesday, August 27, 2019

Three reasons why you need a CA for your business

While most people think a ca is only for tax returns and trademark registration in India, there are other reasons too, why they are important for your business

Chartered accountants do not enjoy a positive reputation in our country. It comes with many reasons. Most people are often unaware of the job of a chartered accountant. It is a common misconception that a CA is only for tax returns and company registration in India. This, however, is untrue. In fact, if you think believe that, you may be missing out on huge profits.

A CA, besides offering tax consultation, also acts as a vision for the finances of your company. They can act as an investment consultants and offer lucrative investment options.

Here are some more reasons to convince you why a ca in Janakpuri is important for your business:

1. They help you with law compliance

Laws about finances are complex and rigid. Hence, having an industry expert on board is a great idea. Most tax errors do not occur due to wilful practice but due to unconscious neglect and errors. The more your organisation grows, more are the tax compliance to be followed. Hence, it is important to have an expert to give you best advice and make your business law compliant.

2. A CA helps in controlling expenses

Most businesses make plans for growth of their company. But more often than not, mere ideas are not enough. They must be backed up by adequate funding. A CA firm in Janakpuri is vital as they help you with right budgeting to create funds that you need for future plans. Whether you are starting a new venture or been in the business for years, you may need big chunk of capital for future goals. 


3. They help you with audits 

Audits - the term itself makes even the best of businessmen jittery. These are important for your stakeholders to confirm that you are financial balanced. Doing so, with your in house accountant is not possible. In fact, an audit report must be signed and certified by a professional. Hence, it is a good idea to have an external expert on board to prepare your audit report with authenticity.

A chartered account specializes in financial matters. They have required knowledge to take your company up a notch. Whether you need budgeting advice or looking for trademark registration in Delhi, India, a ca is important. 


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If you are looking for a certified CA in West Delhi, get in touch with www.manishanilgupta.com for legal and financial advice.

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