Our Services
An important phenomenon of recent times is the rapid growth of the accountancy profession. The vast changes occurring in the economy of the country have been placing great responsibilities on the Chartered Accountants. It also constitutes a challenge to the profession to bring to bear their knowledge and skill in their specialized fields of activity. The types of functions generally performed by the Chartered Accountant are varied. The more important ones amongst them are as below.
This includes the writing up of accounts and the preparation of financial statements. It encompasses a wide area ranging from simple Book keeping to complex financial analysis. We can prepare or supervise the preparation of your financial statements. Compiled or reviewed statements can be provided according to your needs. More importantly we can help you use these statements, as well as other reports, to better manage your business and increase your profitability. The supplementary information in the financial statements in tailored to meet your specific needs. These can include budget verification reports, comparison of ratios to industry standards and pertinent charts and graphs. We will be pleased to work with you in designing reports, which are meaningful to your profit planning.
Whether your needs are for a basic manual accounting system, a stand-alone computer, networked computers, mini-computers or mainframe computers, we are available to assist in evaluating and implementing the system which best meets your needs.
The most important functions of a Chartered Accountant, it is here that his specialised training, skill and judgment are most often called into play. The purpose of auditing is to satisfy the users of financial statements that the accounts presented to them are drawn up on correct accounting principles and that they represent a true and fair view of the state of affairs of the organisation.
With a number of taxes on the statute book, current and continuing tax information has become vital to the effective economics of business management. The assessment of taxes is very closely linked with financial accounts. We provide highly professional services to the corporate, non-corporate and individuals. Tax planning is a vital role of chartered accountants for all the assessee’s.
A Chartered Accountant is also trained to ascertain the costs of production and of processes at different levels of operations in the manufacture of a product and in the rendering of a service. He is also equipped to provide costing information for the guidance of management, introduce cost control methods and assist the management in establishing appropriate selling prices. Our team consists of qualified Cost Accountants who are specially trained in this area of working.
The services of Chartered Accountants are frequently sought in connection with matters such as the formation, financial structure and liquidation of limited companies. They also undertake Secretarial and Registration work and the duties of a Receiver, in addition to other company work.
Chartered Accountants are often called upon to carry out investigation to ascertain the financial position of business entity, individual in connection with accepting that business entity or individual as their prospective customer for providing finance / service. Their services are also sought for undertaking investigations with a view to achieving greater efficiency in management or administration, finding out reasons for increases or decreases in profits etc.
We are assisting our clients in verifying the addresses of their prospective customers and analysing the financial strengths, genuine of the documents like Bank Statements, I.T Returns verification, property documents and expressing our opinion based on the available information within the stipulated time schedule, to analyse the financial strength and integrity of the prospective customers of our clients.
This is another field in which the Chartered Accountant is able to render a service, which is uti-lised in a variety of ways like formulation of policies, day-to-day control, performance evalua-tion, etc.
Experience has shown that the businesses, which pay attention to accounting systems and procedures, are those businesses, which are successful and profitable. While this is not the only ingredient to a successful business, inadequate accounting systems and procedures rank among the top five reasons why business fail. Our goal is to assist clients in establishing accounting system and procedures, which contribute to the success and profitability of the business.
Our Team will play invaluable role in assisting business organisations to utilise resources effectively, increase their efficiency and achieving their goals and objectives as management consultants, and provide consulting services as under
Every person i.eIndividual, Partnership Firm, HUF, Trust, Society, Body of Individuals, Association of Persons, company needs to file return of income every year after 31st March for the preceding financial year 1st April to 31st March.
If any of the above person having taxable income or has full filled any of the conditions mentioned in the Income Tax Act, in any of the financial year i.e from 1st April to 31st March shall have to file his return of income before the due date in the prescribed format.
Wealth tax is charged for every assessment year in respect of the net wealth on the corresponding valuation date of every Individual, Hindu Undivided Family and Company at the rate of 1% of the amount by which the net wealth exceeds Rs.30 Lakhs., within the due date as specified in the Act.
