Services

Attestation

Statutory Audit

A statutory audit is a legally required process of verification of the financial statements of the entity as per the requirements of that particular statue, which also reveals the overall performance and governance of the entity. As it is a statutory requirement we provide our opinion on the truthfulness and fairness of the financial statements in line with the rules and regulations under which the entity is covered.

Tax Audit

Tax Audit is the verification of the financial statements in the prescribed Form under the Income Tax Act, 1961. We render our services to various entities such as Companies, LLPs, Trusts and Proprietary concerns.

Certification

Certification process includes vouching for the accuracy of the information required by various institutions. We render certification services such as 15CA-15CB, Net-Worth Certificate, Turnover Certificate, Grant utilization Certificate, etc.

Risk Assessment

Internal Audit

A process that manifests maker-checker concept so that one’s work is attested to the accuracy and correctness. We thoroughly understand the core aspects of the business and provide our services that could add value to the business through minimalizing the risks of non-compliance, redundancy and over-reliance. Our procedures are so lucid that it could easily be implemented in accordance with the organisational values and culture.

Pre-Audit – Pre Audit

also known as Pre-Payment Audit is the process of verification of payment vouchers before the payment is made. Pre – Audit is conducted to observe that the payment is made as per the guidelines of the organisation and with proper authorisation. So that no unauthorized payments are done and redundancy relating to the payment is prevented.

Information Systems Audit

In this digital and cloud-based era it is immensely necessary to mitigate the risk of data being tampered with. With our expertise the organisation overcomes the lacuna in the IT Infrastructure or digital systems implemented in the organisation so that the risks are identified and mitigated which hinders the financial reporting.

Fraud/Special Investigation Audit

Conventional Audit provides reasonable assurance that the financial statements are free from material misstatements and hence there is no assurance that the transactions are not fraudulent. With the unconventional methods and our expertise in the field we conduct investigations so as to provide our clients assurance about the existing or probable fraud.

Forensic Accounting

Contrary to the external, internal or tax audits, in forensic audit we conduct critical analysis, and we identify, document and report the lacuna in the operating system so that the organisation could build fraud deterrent environment. The procedures to conduct forensic accounting complies with the Forensic Accounting and Investigation Standards (FAIS) issued by the Institute of Chartered Accountants of India.

Concurrent Audit

Statutory and Tax Audits are conducted on yearly basis. Thus, the inconsistency in the management and rooms for improvement in the financials of the organisation are seen after the completion of the Financial Year. Under concurrent Audit the audit is conducted on day-to-day or per say continuous basis to ensure the consistency in the financial documents, so that it enables the management to review the periodic performance and take corrective actions in the concerned financial year itself and frame strategies to cope up with the updated regulatory framework.

Data Analytics

We perform critical analysis of the financial data so as to enable the management to take correct decision and form or amend its strategy accordingly. Data Analytics is also performed where the risk of data manipulation is high. Data Analytics is also a tool to mitigate the probable fraud in timely manner so that the organizational resources are kept intact.

Due Diligence

We are experienced with providing Due Diligence services including Due Diligence of advances by banking and financial institutions.

Business Support Services

Incorporation of Company

Thoroughly understanding the nature of the business to be conducted and your need we incorporate the companies in the most cost-effective manner.

Formation and Registration of Partnership Firms/LLPs

Deciding whether to form a Partnership Firm under the Indian Partnership Act, 1932 or a LLP under the Limited Liability Partnership Act, 2008 may put you through a dilemma. We help you to understand the difference and thoroughly understanding the nature and activity of the business, guide you to take the right decision and get you registered with Registrar of Firms or MCA respectively, in timely manner.

MSME Registration

If you are a Medium, Small or a Micro Enterprise we recommend you to get yourself registered under the MSME Act and get UDYAM Certificate (Erstwhile known as UDHYOG AADHAR) and get the benefits of the applicable government schemes.

Fraud/Special Investigation Audit

Conventional Audit provides reasonable assurance that the financial statements are free from material misstatements and hence there is no assurance that the transactions are not fraudulent. With the unconventional methods and our expertise in the field we conduct investigations so as to provide our clients assurance about the existing or probable fraud.

Projections, Cash Flow Analysis and Budgeting

Accurate forecasting provides one with the idea about where they would see the organisation in a given time period and based on which the organisation could frame its strategies so that it could reach its actual goal in that time frame. Our team helps you to project the financial statements through proven methodology and accurate assumptions so that you could achieve your goal in timely manner. Apart from it we also prepare CMA Data required by banks in the financing process.

Inventory Management

One of the most valuable assets of an organisation is its inventory. Both understocked and overstocked inventory could directly impact the economies of an organisation. With our help you could implement a proper order and re-ordering system so that your working capital is kept intact and there is no unnecessary shortage of inventory as well.

Taxation

Registration under various Tax Laws

Registration under various Tax Laws is the basic step towards giving birth to an organisation. We provide you services to obtain registration under various tax laws seamlessly and in timely manner so that you do not have to face its technicality and also any financial losses.

Preparation of Direct and Indirect Tax Returns

Preparation of Tax Returns differs from filing of it. Preparation of Tax Returns requires intensive care as it is the first step towards the assessment which is very well known as Self-Assessment. We help you prepare and file all sorts of Direct and Indirect Tax returns along with TDS returns and Statement of Financial Transactions for specified persons.

Tax Planning

Saving tax by availing all the benefits under the statue requires thorough knowledge of the subject and ability of correct interpretation. Through our expertise we could serve you through our tax planning services so that you could save the maximum amount of tax without tax evasion.

Appearing Before Tax Authorities

The technical part under taxation is the scrutiny assessment of any unit. We handle scrutiny assessment in a very responsible and dignified manner.

Goods and Services Tax

The core aspect for rendering services under Goods and Services is that we provide you Monthly/Quarterly Reconciliation of GSTR-2A/GSTR-2B and keep record of the invoices the ITC of which is yet to be claimed and provide you the reconciliation statement regularly so that you could timely follow up with your supplier and could be saved from the loss of Input Tax Credit.

Apart From it Our Services Includes ;
1. Correct HSN Code Identification
2. Compliances under E-Way Bill
3. Filing of GSTR-1/IFF, GSTR-3B
4. Filing of GSTR-9 (Annual Return) and GSTR-9C (Annual Reconciliation Statement)
5. GST – TDS (GSTR-7) Filings
6. Refunds Application
7. LUT (Letter of Undertaking) for export of Goods or Services without payment of Tax

Accounting

General Accounting Services

Compliances under different statue is possible in timely manner if the books of accounts are maintained as per the reporting requirements of the particular statue. Apart from that the Financial Reporting must comply with the Accounting Standards, IndAS or IFRS. We through our in-depth evaluation of your books provide bookkeeping and similar services so that the Financial Reporting is thoroughly compliant to Generally Accepted Accounting Principles (GAAP), various accounting standards and could provide timely reports for the compliances under different statues such as GST and Income Tax.

Compilation of Annual/Interim Financial Statements

We provide services related to preparation and reporting of Monthly, Quarterly and Half Yearly financial statements of your company.

Accounting Software Advisory

Choosing Accounting Software has always been a challenging task for the entrepreneurs. We could guide you to choose and implement right Accounting Software be it a Cloud Based Accounting Software or an ERP System such as SAP. Our services include Selection, Implementation of all types of Accounting Software. Further, providing tailor made templates for smooth implementation of SAP and verification of masters to ensure it complies with the statutory requirements and verification of the Initial Upload to ensure that the requirements of the Accounting Standards and generally accepted accounting principles are followed are some of the core aspects of the process.