Accounting & Advisory Services

Accounting & Advisory Services

In today's rapid changing regulatory framework, appropriate and timely guidance to enterprises is very essential.

The objective of our firm is to relieve the Top Management from the huge time spent in managing the day-to-day routine and aid them to concentrate on macro level business decisions that will boost the growth of the organization.

We take complete responsibility of the accounting and finance functions of our clients by providing end to end services.

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analysing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows.

Importance of Accounting

  1. Keeps a record of business transactions
  2. Facilitates decision-making for management
  3. Communicates results
  4. Meets legal requirements

Types of Accounting Services

Financial Accounting

Financial accounting refers to the processes used to generate interim and annual financial statements. The results of all financial transactions that occur during an accounting period are summarized into the balance sheet, income statement, and cash flow statement. The financial statements of most companies are audited annually by an external firm of Chartered Accountants.

Management Accounting

Management accounting uses much of the same data as financial accounting, but it organizes and utilizes information in different ways namely, an accountant generates monthly or quarterly reports that the business's management can use to understand the position of the business and make decisions. Management accounting also encompasses many other facets of accounting such as budgeting, forecasting, and various financial analysis tools.

Tax Accounting

As the name suggests, tax accounting is a specialization in the field of income tax for individuals and the various tax requirements placed on businesses. Tax accountants are experts when it comes to claims and how to reduce the tax liability by taking advantage of various provisions given for the purpose. If you have any issues with tax or filing your returns, this would be your best bet.

Forensic Accounting

Forensic accounting involves tracking missing funds and other discrepancies that may appear in the course of accounting or through financial reports. This service may work for you or your employees to unveil the truth about any suspicion of fraud, evasion, or such. Forensic accountants have a background or knowledge about various statutes as well.

Our outsourcing model is a great success and is being cherished and most sought for service by our clients.

Apart from accounting services, we also serve broad in advisory services, which include

  1. Asset management
  2. Financial analysis
  3. Fund raising
  4. Start-up consulting
  5. Management consulting