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Career in accounting? June 19, 2024 TALLY- What is Tally? -Tally is a Computer software that keeps detailed records of all company transactions for each account. Tally Prime also makes decision making simplified for business owners by providing critical reports. Tally offers a complete new look while maintaining its traditional values which makes it more user friendly option for businesses. Career in accounting: 1. Auditor 2.Accountant 3.Financial Advisor 4.Tax Advisor 5.Chartered Accountant 6.Controller 1.Auditor- An auditor is a person authorized to review and verify the the accuracy of financial records and ensures that companies comply with tax laws. Verifies assets and liabilities by comparing items to documentation. Completes audit workpapers by documenting audit tests and findings. 2.Accountant- Accountants prepare and examine financial records,identify potential areas of opportunity and risk and provide solutions for many businesses and individuals. An accountant also helps in analyzing financial data to make data driven business decisions. 3.Financial Advisor- A financial advisor is a person who provides all the details and knowledge about finances to their clients based on their financial conditions. Financial Advisor helps the client in all short and long term goals such as expenses and savings for retirement through investments. 4.Tax Advisor-
A tax advisor is a financial professional who provides advice on strategies to minimize taxes owed while staying within the scope of the law and regulation. Tax advisers can work in compliance, ensuring a client meets all tax obligations by preparing and submitting tax returns, tax computations etc. 5.Chartered Accountant- A chartered accountant is an internationally recognised financial professional who manages budgets, auditing, taxes and business strategies for clients. As a CA, you can work for businesses, the government and individuals. Your job is to provide expert financial advice and help clients manage their funds. 6.Controller- The controller oversees all employees involved in the accounting process, including accounts receivable, accounts payable, payroll, inventory and compliance. The controller also helps guide a company's strategic financial decisions, and is therefore integral to the financial health of the firm.