Audit & Certification

• Statutory audit of manufacturing/Service industries, Infra industries, Trading Cos. Under both private sector and PSUs,
• Statutory Audit of Hospitals, Educational Institutions and NGOs.
• Statutory audit, concurrent audit, Revenue Audit, Stock Audit and Inspection of Banks, PSUs, Insurance Companies, Financial Institution.
• Physical verification of stock & Assets of various undertakings.
• Tax Audit
• Transfer Pricing Audit
• IFRS compliances

Certifications

• Arms length transaction u/s 92 of IT Act
• Certification under Companies Act 1956, FEMA & RBI Regulation.
• Fund Utilisation Report
• Certification u/s 197/195 of IT Act
• Any other certification job as required under any Law in force within the country

Accounting services

• On site/ Offsite/On call Accounting support - maintaining books of A/Cs for various clients,
• Consolidation of accounts, preparation of Profit & loss A/c, Balance sheet and cash flow for the clients.
• Assist in implementing new Accounting standard.
• Evaluation and Quantification of Lease as per Ind As 116.
• Evaluation & assessment of Impairment as per Ind As ..
• Advance Tax, Deferred Tax computation and Tax accounting,
• Support to cost audit and compliance to Cost Accounting Records Rules.
• ERP based Accounts maintenance and periodical MIS to clients.
• Assistance in Transfer Pricing planning and documentation.
• Support managing Payable/Receivable.

Process & System Audit

Basic objectives are to review designs, system and operating effectiveness of key controls over the following processes; to identify & assess the key risks and test the related controls for these processes; and to provide recommendation to enhance control, and wherever appropriate, to redesign and improve process performance

• Procurement to pay
• Order to cash
• RM to FG
• Supply chain & distribution channel.
• Fixed assets
• HR, Payroll and Time office
• Production and Plant operation and maintenance.
• Finance, Treasury & Accounts
• Current assets & liabilities
• Management Information System
• Statutory compliances

Transaction & compliance Audit

Primary objectives are to review &evaluate existence of Internal controls and based on management need, to vouch and audit of financial transactions so as to:

• ensure completeness & correctness of transactions and reporting thereof;
• ensure timely recording of transaction assure transaction are recorded properly as per GAAP
• assess & protect risk of material misstatement
• check transactions are done as per Policies, SOP and the DOP or any other authorization matrix
• highlight all sorts financial leakages,fraud, manipulation, weak areas, if any,observed during audit
• form a basis of pre-audit before any payment for Opex and Capex,
• ensure all statutory compliances.

Direct Tax

• Income Tax assessment, Tax computation and filing of IT return,
• Tax planning and advise on tax efficient alternate business model.
• Dealing in scrutiny cases, representations, Appeal & appearing before CIT(A), Appellate Tribunal (ITAT), Dispute Resolution Panel.
• Handling search, seizer, raid cases & special audit.
• TDS/TCS compliances.
• Dealing in Tax Litigation matters, Tax refund, stay of demand, withholding tax, DTA settlement, ITC clearance
• Registration u/s 80G, 12A.

Indirect Tax

• GST Registration, filing of Returns, PAN India reconciliation, GST audit and Compliances.
• Assessment, assistance in replying to notices, resolve litigation, appeal and representation; GST refund.
• Excise registration and compliances.
• Customs and related DGFT compliances.
• Complete indirect tax outsourcing.
• Advise on tax efficient business structuring.
• On call services o specific issues related to indirect tax.

Company Secretarial Services

• Formation/Registration of Companies under Indian Companies Act 1956.
• Formation/Registration of Companies u/s 25 and u/s8 of Companies Act 1956.
• Registration & compliance of Cooperative Societies &Trust,
• Filing of Balance sheet in XBRL format.
• Filing of all other statutory returns under Companies Act'1956.
• Obtaining various licenses& approvals from CLB and Central Govt. under Companies Act 1956.
• Maintenance of statutory records for clients.

Project Management

• Preparation of project report, Project feasibility study and project financing.
• Assist in project commissioning, obtaining various approval (including for SEZ/EOU).
• Preparation of CMA data, working capital assessment and filing various returns.
• Arranging Term loan, working capital loan, Export finance, and non-fund based limit from various banks & FIs.
• Arrange Lease Financing
• Facilitating in merger & Acquisition process which includes: Preparation of Memorandum of Information,
• Conducting Due diligence for the client, Pre/Post merger transaction Structuring and documentation. Business Valuation.
• Assist in Fund raising for diversification & new project and suggest appropriate investment model.
• Investment Advisory.

SAP/ERP implementation

• Preparation and evaluating Business Blue Print for ERP implementation.
• Implementation of SAP ECC 6.4 solution and SAP R3 Enterprise solution.
• Application maintenance & support.
• Master Data maintenance.
• ERP security and Audit.
• Chart of Accounts and Master data creation including Assets master.
• Data migration activities during the course of SAP/ERP implementatin on which mainly includes:
  • Extraction/Collection of existing base data as applicable.
  • Cleansing, elimination of redundant data and Codification.
  • Identification and creation of Profit Centre/cost Centre.
  • Mapping and Authentication of data by competent authority
• Review & upgrading ERP solution.

Risk Management

• Review and develop Risk control matrices
• Framing of Enterprise Risk Management Policy,
• Organizational business Risk Assessment
• Developing Business continuity plan,
• Third party risk review, assessment & mitigation plan.

Compliance Management

• Devise a Compliance tool to ensure all compliances are in place.
• All Compliance under Factories Act & Labour Act: Obtaining Factory License & filing of Statutory return, Filing of P.F & ESI Return etc.
• Compliances under RBI and FEMA Rules
• Compliances under Companies Act 1956
• ISO audit & Compliances

IFC and Others

• Devise CSA tool to have financial control in place.
• Creating Accounting Policies in line with Accounting Standard,
• Framing various Company policies/SOPs/DOPs
• Review & improve cost efficiency in supply chain process.
• Designing Performance management matrix.
• Facilitate in industries Bench marking
• Review, suggest & devise cost control measures.
• Dealing in Patent & Trademark registration.
• Six sigma training and certification.