Assurance, Risk Advisory & Corporate Laws

• Assurance: Income Tax Audit, GST Audit, Statutory Audit under the Co. Act 2013, and Internal Audit.

• Attestation Services including Statutory Certifications and Non-Statutory Certifications.

• Climate Risk: Advising on the adequacy of Climate-related Financial Disclosures (CFDs) based on CDSB, Assessing and quantifying climate change risk on business valuations and their implication on future cash flows, Scenario analysis, and risk assessment to help the integration of climate information into strategy and risk management, Establishing carbon footprint and assessing scopes of emissions across value chains using Green Premiums. Suggesting decarbonization options with a credible transition plan using green finance.

• Special audits and investigations: The objective of such an audit is to critically review the operations at various levels of the management to ensure flawless process and effective control.

• Special audits in respect of entities/ projects funded by multilateral lending agencies: The firm has experience in conducting special audits of entities that are funded by multilateral agencies.

• Opinions on accounting and auditing matters:  This consists of opinions on accounting and auditing matters in respect of applicability and interpretation of accounting standards issued by ICAI/ notified by Central Government and in relation to auditing standards and requirement of corporate laws in connection with the statutory audit.

• Internal and Management Audit: Through our service offerings in Internal Control Review, we carry out an independent assurance and consulting activity to add value and improve an organization's operations, help to accomplish an organization’s objectives by evaluating and improving the effectiveness of risk management, control, and governance processes, perform systematic analysis and assessment of, processes and policies of an organization to evaluate its effectiveness. 

• Conversion of financial statements to IFRS/ Ind-AS: Conversion of financial statements prepared under Indian GAAP to Ind-AS/ IFRS for the purpose of reporting overseas to the parent company and/ or foreign investors.

• Other offerings in Risk Advisory include Risk Assessment, IFC Designing, Implementation support and Testing, SOX Compliance, Forensic Accounting, Design and Review of SOPs and Accounting Manuals, ERM. ERP Functionality & Post Implementation Review. General Data Protection Regulation (GDPR) Review.

• Corporate Consiglieri services like Due Diligence Assignments Developing new strategies, Improving operations, Raising capital, Managing risk, Navigating regulatory changes, Dealing with mergers and acquisitions etc.

• Corporate Services: Incorporation of Company services, ROC compliance services, restating financial statements, and related advisory including liquidation and winding up.

• NGO, Trusts, Co-operatives, and Societies setup along with obtaining exemption approvals.

• Bankruptcy Proceedings under CIRPS of IBC along with litigation support before the NCLT

• Business Setup Advisory 

• M&A assignments including preparation of valuation report and advisory on selecting an appropriate price discovery mechanism

• Registration Assistance: GST, Income Tax, Import-Export Code, MSME, FSSAI, Startup India, Municipal Trade License,  Delhi Shop & Establishment, Class-III Digital Signatures. We also provide assistance in undertaking the compliance mapped under various laws including registration, certification requirement, aligning of documents, etc.

• Planning and Tax Advisory: Tax planning for optimizing the overall tax structure inter-alia succession planning, reviewing business transactions, and assisting contract structuring, risk analysis, and transaction walkthroughs.

• Preparation of Sales Pitch, Project Feasibility, and Business Reports before Banks and Investors.

• Overseas Outsourced Services: Developing targeted and implementable solutions for clients and helping them maximize business opportunities with a focus on helping clients transform the efficiency and effectiveness of their operational processes to continually improve the core operation of their service organization.

• Recognition: Assistance in obtaining startup certification from DPIIT.

• Handholding for compliance relating to arranging a letter of support from an incubator.

• Certification for the purposes of section 80-IAC of the Act.

• Approval for the purposes of clause (viib) of sub-section (2) of section 56 of the Income Tax Act.

• Valuation reports and management hand-holding for arranging seed funding by angel investors i.e. the first round of funding for a startup (or) providing access to incubators. It is typically used to fund the proof of / development of the product or service, as well as to hire the initial team. Seed funding can come from angel investors, venture capital firms, or crowdfunding platforms.

• Preparation of valuation reports for Series-A and Series-B funding i.e. the second and third round of funding for a startup, respectively. Series-A is typically used to expand the team, market the product or service, and reach new customers. Whereas, Series-B funds are typically used to scale the business and prepare for an initial public offering (IPO). Both these fundings can come from venture capital firms, or strategic investors in the form of investment in equity as FDI, FII, or as Term Loan B (TLBs) offering deferred repayment of principal at the maturity date.

• Detailed Project Reports for Later-stage funding for acquiring other companies, expanding into new markets, or developing new products or services. Later-stage funding can come from private equity firms or strategic investors.

Typical Roadmap for Startups: Incubator > Angel Investor (proof of product/ service) > Venture Capital (scalability) > Private Equity (IPO)

* “startup” means an entity identified under DPIIT Notification No. G.S.R. 364(E), dated 11th April 2018