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Accountants is a practitioner of accounting. He/she can details with the disclosure of assurance about financial information that helps the managers,investors and income tax to known about the company financial situation. And helps allocating the resources for the organization .In many jurisdictions, professional accounting bodies maintain standards of practice and evaluations for professionals. Accountants who have demonstrated competency through their professional associations certification exams are certified to use titles such as chartered accountant Certified Accountant,Certified Public Accountant.
Accountants has to prepare or check the financial document of the company or organization whether the tax is paid properly on time. They help the company and assist the authority to run the organization efficiently. There is also important duties for accountant .Examine financial statements to ensure that they are accurate and comply with laws and regulations Compute taxes owed, prepare tax returns, and ensure that taxes are paid properly and on time checking account books and accounting systems for efficiency and use of accepted accounting procedures and maintain financial records of financial operations and make best practices recommendations to management Suggest ways to reduce costs, enhance revenues, and improve profits
Such professionals are granted certain responsibilities by statute, such as the ability to certify an organizations financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations.
CPA Australia(Certified Practicing Accountants) is one of four professional accounting bodies in Australia, the others being The Institute of Public Accountants, the institute of chartered accounts in Australia and the Association of Taxation & Management Accountants (ATMA).CPA Australia is one of the largest global accounting bodies, having members through Asia Pacific as well as its home base.