Taxation

Every company need to handle their accounts, taxation, and finances. Therefore, it is always better to hire a professional who do all the business enquiries, accounts, prepare financial reports, and examine finances. Moreover, they also ensure that all the data is well organised and correct and all the taxes are paid correctly. These professionals have the ability to record and analyse the financial information of the companies. They are usually the part of the executive and the financial team.

Anyone with a bachelor’s or a master’s degree in business administration, finance, or accounting can take up this exam to enhance their skills as well as career opportunities.

• Meaning and scope of accounting

• Taxation

• Banking & finance

• Costing & auditing

• Investment market and its operation

• Gst (goods and services tax)

• Finance managers

• Financial controllers

• Financial advisors

• Directors

• Certified Public Accountant

• Communication skills

• Strategic management

• Analytical skills

• Critical thinking

Some of the major roles and responsibilities of such professionals are as follow:

• Recognize issues that include disappearing inventory, increased costs for products or equipment, or customers who aren’t paying on time.

• Maintain cash flow at acceptable levels.

• Point out potential areas of growth by analysing pricing, cash flow patterns, inventory management, etc.

• Prepare tax returns accurately

• Ensure the accuracy of financial documents.

• Evaluate financial operations to recommend best-practices, identify issues and strategize solutions.

• Conduct forecasting and risk analysis assessments