In the following section a brief description of the professional services offered is provided:
Audit And Assurance
Historically the firm’s strength was in accounting, auditing and similar services. The audit clients of the firm today include large corporate entities, small companies, welfare and charitable organizations besides medium and small family owned businesses.
We use a constructive approach in auditing. As a result of understanding the clients’ systems, procedures and practices we often recommend improvement for more efficient operation, stronger financial structure and improved accounting and administrative controls. Our philosophy and practice is to blend the technical, the practical and the business approach in each audit engagement.
The range of our services includes:
- Statutory audits.
- Special Purpose Audit Engagements.
- System Audits.
- Reviews and Assurance Engagements.
- Agreed Upon Procedures Engagement.
- Proprietary audits.
- Investigation on accounting, audit and related matters.
- Advice and opinions in the above areas .
The firm endeavors continuously to improve the quality of its audits. Mandatory second partner review is one of the important features of the firm’s quality control procedures.
Internal Audit
We provide internal audit services to a number of clients, which enables us to achieve economies of scale and develop and upgrade core expertise in this area.
Our services in this are include:
- Complete or partial outsourcing (co-sourcing) of internal audit departments.
- Review and restructuring of internal audit department.
- Designing of charter of the Audit Committee and Internal Audit Department.
- Designing and implementing COSO/ COCO based internal control evaluation approach.
Taxation
Our team of well-versed and experienced professionals, provides opinions and most suitable advice on practical questions and a complete range of tax services including tax strategies and planning covering all aspects of Direct and Indirect Taxation, with a core approach to ensure that our clients get the most beneficial tax treatment whilst complying with complex requirements of the tax statutes and regulations.
Nowadays in this Global Village establishments have their presence in many countries and in order to cater to their demands our team possess a comprehensive knowledge in Taxation Treaties entered into with various countries.
The broad categorizations of services they provide are as follows:
- Preparation of tax returns along with supporting statements and filing of the same with the Taxation Department.
- Representing clients before the tax authorities during tax audit proceedings.
- Preparation and filing of appeals at various tax appellate forums.
- Advising in connection with the advance payment of tax.
- Representation before the Central Board of Revenue.
- Researching tax implications of proposed business transactions or of new business ventures.
- Obtaining approval for employee retirement schemes such as Provident Fund, Gratuity Fund and Pension Fund.
- Managing the tax affairs of the client's personnel, including filing of monthly and annual statements to the Taxation Department on behalf of the client.
- Providing general tax advice based on current and evolving laws, rulings, etc.
- Assisting clients in getting approvals/exemptions under various sections of fiscal statutes from the.
Corporate Advisory and Management Consultancy
Our consulting services include:
- Corporate Governance.
- Consultancy and Secretarial Practice.
- Mergers, Acquisitions, Reconstructions and Liquidation.
- Investment Advisory Services.
