Question 11 of 38
CA'S & CPA's are not only helping in drawing up of financial statements of various enterprises for which they work, but also
O Monopolize the work of "auditing" them
O Helping in production
O Issuing service certificate to employee
O All the options
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Answer:
Chartered accountants have skills to shape the financial statements and measure the non-financial impacts.
Explanation:
- CAs, and accountancy professionals assist to craft corporate strategies and measure their impact on the economy.
- They conduct financial audits to provide their opinions about the financial statements.
- They help local offices to make most decisions base on financial statements drawn by CAs.
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