Chartered Accountants in Bengaluru

Practice areas

How the financial work is organised

The firm's financial work falls into four categories. Standard accounting, tax and compliance services remain the core of the practice; readiness work builds on them. Engagement scope is agreed with each client in writing, and all work is carried out within the scope permitted to a Chartered Accountant.

1. 01

   Financial Foundations

   Accounting, taxation, GST, financial reporting and management information for day-to-day operations and statutory obligations.

   • Accounting and bookkeeping

     Maintenance and organisation of accounting records for financial reporting, audit documentation and tax filings.

   • Preparation of financial statements

     Financial statements are prepared in accordance with the applicable financial reporting framework.

   • Direct tax and GST compliance

     Preparation of registration applications, tax returns and reconciliations for applicable statutory filing obligations.

   • Periodic management information

     Periodic reports summarise financial performance for owners and management.

2. 02

   Fundraising Readiness

   Financial work that prepares a business for conversations with investors and lenders, undertaken in advance of those conversations.

   • Financial projections and integrated financial models

     Models project expected financial performance based on stated assumptions, for use in discussions with management and prospective investors.

   • Cash-flow forecasts

     Forecasts set out projected cash inflows, outflows and funding requirements based on stated assumptions.

   • Investor financial schedules

     Schedules and supporting packs organise the financial information investors typically request.

   • Financial due-diligence preparation

     Financial records are reviewed and organised in advance of a diligence process.

3. 03

   Financial Control and Decision Support

   Budgeting, profitability analysis, reporting gap reviews and reviews of internal financial controls and finance processes.

   • Budgeting and variance analysis

     Reports compare budgeted and actual figures and record variances for management review.

   • Profitability analysis

     Margins are examined by product, service or business unit to show where profit is earned.

   • Reporting gap reviews

     Current reporting is assessed to identify what it does not yet cover and what should be added.

   • Internal financial controls and finance-process reviews

     Reviews document existing controls, finance processes and observations for management consideration.

4. 04

   IPO and Transaction Readiness

   Preparatory financial work for transactions and audits, carried out within the scope permitted to a Chartered Accountant and in coordination with the relevant professional advisers.

   • Historical financial information reviews

     Reviews examine historical financial records, reconciliations and supporting schedules for transaction-related information requests.

   • Audit preparedness

     Books and supporting documentation are put in order in advance of an audit.

   • Financial due-diligence support

     Support with diligence requests, information flow and responses within the financial scope of the work.

   • Coordination with professional advisers

     Work alongside other advisers on transaction matters, within the scope permitted to a Chartered Accountant.