Management Consultancy Services

A CA plays a vital role in assisting businesses to improve the use of their resources, increase their efficiency and achieve their objectives. As a management consultant a CA can also identify, evaluate and recommend ways to increase revenue and reduce operating costs; analyze operations and suggest changes in structure and individual responsibilities; conduct special studies, prepare recommendations, plans and programs; and provide advice and technical assistance in their implementation. The breadth of management advisory services rendered by Chartered Accountants reflects their clear response by application of their theoretical knowledge and business experience to the clients’ changing needs. Such services include –

  • Financial management planning and financial policy determination such as capital structure and related areas
  • Preparation of project reports and feasibility studies
  • Market research and demand studies
  • Management accounting systems, cost control and value analysis
  • Budgeting, inventory management, working capital management
  • Personnel recruitment and selection, incentive plans
  • Business policy, corporate planning, organisation development, growth and diversification
  • Organisation structure and behaviour, development of human resources
  • Systems analysis and design, and computer related services
  • Advisor or consultant to an issue
  • Investment counselling in respect of securities
  • Registrar to an issue and for transfer of shares/other securities
  • Quality audit, energy audit and environmental audit.

Global Scenario

The opportunities are plenty, and ever-multiplying. Today, huge opportunities are available for professionals with specialized knowledge and skills sought by global organizations. These include the areas of national and international taxation, finance and corporate law. The knowledge of local laws and regulations, of course, places Chartered Accountants in a stronger position to supply services to global organizations entering the Indian market.