FROM COST TO PROFIT
Audit & Assurance Services
The advances made in communications & technology has led to a more globalized market and companies today must embrace this rapid change. While globalization has increased opportunities for businesses, it has also exposed them to risk at every turn. The business environment today thus, requires a skill set that enables the companies to operate across cultures within India and abroad.
Owing to this, reactions to the lack of transparency in businesses have also grown significantly. This has compelled organisations to make a paradigm shift in their business structures as well as in the accuracy of the information gathered by them; moving from the Industrial Age towards a more Knowledge Age. The criticality and the relevance of information is impacted not only by its content, but also by the timeliness and efficiency with which it is used. Thus making it imperative for the audit and assurance model to keep pace with it.
We are sector-agnostic and strive to ensure consistent value addition for our clients. Besides ensuring statutory compliances and reporting on financial statements, we provide expert opinion and insights about areas such as internal controls, legal interpretations, processes and polices and risk management. This brings about a more realistic picture for clients to improve their business practices.We are committed to the highest professional ethics, Standards and principles.
COMMON SENSE IS NOT SO COMMON
Accounting Advisory Services
A transformation of who we are, how we behave, how we think and what we value has transformed businesses. The evolution of the human quest for purpose and fulfillment has changed the way enterprises look at change and implement it.
Unless managements address the issues of purpose and meaning, they cannot develop a long-term strategy for growth and sustainability. Far too few look at the overall objective and issues in a holistic manner. The complex business environment results in complex business structures, which become the biggest barriers to success.
We don’t just provide solutions; we fix the root of the problem. We strongly believe that a complex strategy isn’t always necessary for success; often a simple, well-thought-out strategy does the trick. Our clients today are constantly exposed to a long list of external and internal risks. This results in our clients being faced with a plethora of options to mitigate the risks faced and keep the organization on the growth track. Our single minded approach has been to evaluate each and every option and come up with the best solution that is relevant to the enterprises’ overall business objective and the issues it is facing to achieve those objective.
Our Practitioners combine,valuation and tax expertise to help our clients preserve the value of their business. We tailor solutions to the client's needs allowing clients to concentrate on business operations leaving the worries of accounting and compliances on our trusted team.
AN OUNCE OF PREVENTION, WORTH A TON OF CURE
Man created the State to govern society. The State levied taxes to run the government. Over time, taxation became more complex. Now, the struggle is to make it simpler.
Amid the challenging economic scenario and newfound initiative by the Government to improve tax environment, businesses need to pay close attention to tax challenges and rework their strategies. Effective tax structuring and planning ensures that organisations remain competitive in this complex business environment and at the same time manage their tax exposure.
While the laws are the same for all businesses, in many cases an in-depth and holistic understanding of the client’s business ethos is missing. We deliver risk-adjusted optimisation by providing simple and precise tax structuring advice. Our processes are time-tested and we do not operate in silos.
While the indirect tax structure in India is overtly complex on account of overlapping taxes administered by Central, State and local jurisdictions. Moreover, this tax regime is governed by frequent notifications, circulars, trade notices etc. and many a times conflicting with well-established judicial position. It is procedural and compliance driven law. Indirect Tax poses great challenge for most of the organizations.
Indirect taxes directly impact cost of goods and service, cash flow, profitability and ultimately stakeholder value. Any lapse in recovering tax at transaction stage would result in adverse commercial implications. It is imperative for business entities to examine its tax structures, undertake in-depth analysis of the tax costs and thrive for tax optimization. Precise documentation and compliance is must to be on the right side of the law.Qualitative support from experienced professionals will go long way for tax optimization and healthy compliance.
IMPLEMENTING YOUR VISION
Transaction Advisory Services
Inorganic growth is broadly driven by larger economic themes as organizations today have to reconfigure their strategic initiatives to match macro events and adjust to externalities that change the dynamics of their value chain or competitive landscape. Inorganic expansion can catalyze creation of substantial shareholder wealth, but equally, it can also erode value.
In an era of heightened economic and industrial growth in diverse sectors, transactions involve high stakes. We believe that a successful transaction is the result of a well thought-out process that requires thorough understanding of the commercial, regulatory and tax implications. Our focus is to handhold our clients through the entire transaction process.
The liberalization of the Indian economy and the multitude of reforms instituted have resulted in a “flux” in the industrial and services sector of India. Companies are increasingly resorting to acquisitions as a means to consolidate and grow rapidly.
The emergence of a large number of professional Private Equity and Venture Capital firms, the increasing maturity of capital markets, in terms of the large number of institutional players and improved systems, has provided myriad opportunities in structuring innovative deals by raising debt or arranging equity financing for Corporates.
- Offerings :
- Transaction Support Services
- Private Equity /Venture Capital Investment
- Business Restructuring Services
WORK SMARTER AND GROW FASTER
We help organisations work smarter and grow faster. Reach out to us to build effective organisations, reduce costs, manage risk and regulation and leverage talent. The business and management consulting services rendered by the firm handles a wide range of problems faced by the clients.
- These include :
- Assisting in mapping business processes and providing efficient solutions including automation.
- Assisting in development and improvement of business process systems and evaluation of alternative systems which are best suited to clients resulting in increased productivity, reduced time and costs.
- Assisting in development of accounting, budgeting, forecasting and other information systems and evaluation of alternative financial strategies.
- Assisting in development of systems for cost control and optimum utilisation of economic resources.
- Assisting in recruitment of accounting and finance personnel.
LEAVE IT TO US
We do daily, monthly, quarterly or annual bookkeeping depending on the size and volume of the company's business activity and as per client requirement.Bookkeeping is the record we make, on a day-to-day basis , of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct, up-to-date and comprehensive. Accuracy is therefore vital to the process. Bookkeeping provides the information from which accounts are prepared.
- These include :
- Sales Entry Posting
- Purchase Entry Posting
- Bank/Cash transaction posting in appropriate head
- Debits & Credits Closing balance Ledger
- Fixed Assets Register
- VAT booking and preparing VAT return
- Payroll Booking
- Closing Stock / Work in Progress (WIP)