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A chartered accountant is extremely helpful to businesses. They support their comprehension of the effective and efficient use of resources within a company. They provide suggestions on how to carry out the organization's objectives and goals. A competent accountant who, in addition to his many other responsibilities, plays a prominent role in the management chain and also provides secretarial services is appointed by smaller businesses that participate in limited corporations but are unable to employ a full-time secretary. Chartered accountants must adhere to client handling guidelines as well as maintain a strong awareness of GST audits, complaints, and training for the relevant rules and regulations. A professional chartered accountant's duties under management accounting include formulating policies, maintaining daily control, assessing performance, and more.

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