Our Practice Areas & Services
Areas covered under Corporate Audits:
Statutory audits
Internal Audits
Internal Control over Financial Reporting
The corporate advisory services are spread over a vast spectrum of corporate activity. Some of them are very well suited for investment banks, with the rest finding place with specialist advisory firms. The essence of corporate advisory services for investment banking relates to Business advisory, Restructuring advisory, Project advisory and Merger & Acquisition advisory. Corporate Advisory Services is an umbrella term that encompasses specialized advice’s rendered to corporate houses by professional advisers such as accountants, investment banks, law practitioners and host of similar service providers.
Areas covered under Corporate Advisory Services:
Incorporation of Company in India.
Valuation of Companies.
Takeover of Companies.
Shareholders agreements / share purchase agreements / share transfer agreements.
ESOP advisory including agreements and secretarial work
Amalgamations under sections 232-233 of the Companies Act, 2013.
Vetting of Commercial Contracts.
Areas covered under GST & Customs:
GST registration services
Advisory on GST for Industries and Chambers
Tax planning and tax avoidance.
GST Annual Audit.
GST Compliance Audit
Advisory services relating to export incentives and export benefits through Foreign Trade Policies
Appearances before authorities
Internal Control over Financial Reporting (ICFR) is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
Areas covered under Internal Control over Financial Reporting:
Development of Standard Operating Procedures (SOPs)
Periodical review of financial position and reporting thereof
Advisory on various statutory requirements connected to the enterprises, etc
International Financial Reporting Services
International Financial Reporting Standards (IFRS) set common rules so that financial statements can be consistent, transparent, and comparable around the world. IFRS are issued by the International Accounting Standards Board (IASB). They specify how companies must maintain and report their accounts, defining types of transactions, and other events with financial impact. IFRS were established to create a common accounting language so that businesses and their financial statements can be consistent and reliable from company to company and country to country.
Areas covered under International Financial Reporting Services [ IFRS / IND AS ]:
Migration to IFRS / IND AS
Implementation of IFRS / IND AS
Audit of IFRS / IND AS financials
Advisory services relating to application of standards
A direct tax is a tax that a person or organization pays directly to the entity that imposed it. An individual taxpayer, for example, pays direct taxes to the government for various purposes, including income tax, real property tax, personal property tax, or taxes on assets.
Areas covered under Direct Taxation:
Income Tax Advisory services
Tax Audit under Income-tax Act, 1961
Other Certifications under Income-tax Act, 1961Appearances before assessment and appellate authorities
Due diligence is an investigation, audits, or review performed to confirm facts or details of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party.
Areas covered under Due Diligence:
Financial Due Diligence.
Due diligence with respect to Taxation, Corporate and Foreign Exchange regulations
Due diligences with respect to Contingent liabilities
Areas covered under Advisory Services on Foreign Exchange Management Act:
Advisory on Procurement of External Commercial Borrowings (ECB) / Foreign Direct Investments (FDI) funds
Advisory on outbound Investments and legal compliances.
Appearances before Enforcement authorities
Advisory on compliance with FEMA and RBI Regulations
International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country’s tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation relating to extraterritorial income.
Areas covered under International Taxation:
Taxation of non-residents (International Taxation)
Transfer Pricing Study
Transfer Pricing Certification
Advisory and Planning via Double Taxation Avoidance Agreement(DTAA)
Tax avoidance
The banking sector is an industry and a section of the economy devoted to the holding of financial assets for others and investing those financial assets as a leveraged way to create more wealth. The sector also includes the regulation of banking activities by government agencies, insurance, mortgages, investor services, and credit cards.
Areas covered under Banking and PSU Audits:
Statutory Branch Audits
Concurrent Audits
Revenue Audits
Stock and Debtors Audit
Credit Appraisal Audits
Areas covered under WTO:
Advisory and representation services on WTO aspects before appropriate authorities of Government of India and Government of foreign countries.
Preparation of Representation to Government for initiating responses during negotiations;
Research on Market Access barriers – Tariffs and non-tariffs in selected countries for select industry