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Chartered accountants are in demand everywhere and their presence is synonymous with competence, advice and decision-making — whether it be in large corporations or small businesses, in the public sector or in CA firms, in educational institutions or in the business community.
While CAs traditionally worked in an exclusive field of practice, i.e. public accountancy and more specifically auditing, they now play a variety of roles which include entrepreneur, business leader, decision-maker and consultant, as well as internal and external auditor. CAs are knowledgeable in many areas of business and have an international vision. They are noted for their expertise in financial and non-financial decision-making information and for their ability to facilitate decision-making and enhance organizational performance.
The nature of auditing and accounting has changed dramatically with the computerization of the business world and the development of accounting software. CAs must anticipate and keep up with the changing needs of the public, as well as changes in financial markets and information and communication technologies. Thus, the profession has evolved to meet new market needs, which in turn has led it to introduce new non-financial measures and to harmonize accounting and auditing standards the world over.