Audit & Assurance
Audit is a view provided by a set of independent professionals on the day to day financial affairs of the company. It gives Assurance to the owners of the business entity about its financial performance.
- Internal Audit
- Tax Audit
- Statutory Audit
- Cost Audit
Tax & Legal
Tax is the way in which the business entity contributes a portion of its profits / sales towards the growth of the economy in which it operates. Legal department ensure the entity is in compliance with all norms of the economy in which it operates.
- Direct Taxation
- Indirect Taxation
- ROC Compliance
- RBI Approvals
When you operate in more than one economy, it is a ethical practice to contribute towards growth of all the economies in which you operate. Transfer Pricing makes sure that the business entity contributes a fair portion of its profits to all the economies in which the business entity operates, rather than benefiting one economy.
- Transfer Pricing Documentation
- Annual Return Filing
- Computation of Arm's Length Price
Having business in more than one economy, mandates the business entity to pay tax in all the economies. International tax laws would ease the tax liability of the business entity with its various treaties between two or more economies, and thus avoiding double taxation of the profits earned by an entity.
- Double Taxation Avoidance Treaties (DTAA)
A business without a proper system of book-keeping is like a man trying to swim in middle of ocean with no means to get the right direction to swim and reach shore.
- Transaction Accounting
- Bank Reconciliation
- Receivables / Payable Management
- Fixed Assets Management
A well managed financial business indicates the path in which the company is travelling, allowing the business owners to stop, look back, and proceed with their decisions for future.
- Financial Modelling
- Business Valuation
- Financial Reporting
- Working Capital Management
Increase in sales does not indicate necessarily indicate growth in profits, but by curtailing its cost in an effective manner without compromising on the quality of its product / service certainly does.
- Variance Analysis
- Product / Job / Service / Process Costing
- ABC Costing
- Inventory Management & Reporting
Budgets & Forecast
A business without a budget or forecast is similar to a horse running a race with its eye's tied up. Budgets and Forecast are the path defined for the company to achieve its goal over a period of time.
- Annual Budgets & Forecast
- Quarterly Review
- Actual Vs Budget Reporting
- Department / Function wise budgets