The services of a Chartered Accountant are essential and significant during a Limited company's formation, financial structure, and liquidation. In addition to the other company work, the Financial Accountant also handles the secretarial, registration, and receiver duties during the process. Every time an investigation is conducted to determine the financial position of a business, particularly during the new issue of share capital, the purchase or sale or financing of a business, reconstruction, and amalgamations, the Chartered Accountants are frequently seen. Investigations are also carried out to improve management or administrative effectiveness and to determine the causes of profit increases or decreases, among other things. A chartered accountant must collaborate with attorneys or solicitors when acting as a trustee or executor, and vice versa. The accountants support the solicitors or attorneys in their work and aid them in any associated accounting tasks.
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