Services Offered – Panchal S K & Associates http://panchalca.com Panchal S K & Associates Tue, 13 Jul 2021 07:37:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 http://panchalca.com/wp-content/uploads/2021/07/cropped-CA-logo-100x100.png Services Offered – Panchal S K & Associates http://panchalca.com 32 32 Due Diligence Services http://panchalca.com/2021/07/13/due-diligence-services/ http://panchalca.com/2021/07/13/due-diligence-services/#respond Tue, 13 Jul 2021 07:37:20 +0000 http://panchalca.com/?p=670 Due diligence is an investigation or audit of a potential investment or product to confirm all facts, such as reviewing all financial records, plus anything else deemed material. It refers to the care a reasonable person should take before entering into an agreement or a financial transaction with another party. Due diligence can also refer to the investigation.

We provide various Due Diligence Services as follows.

  1. Buyer due diligence
  2. Vendor Due Diligence
  3. Due Diligence as per Bankers Requirements
  4. Tax Due Diligence
]]> http://panchalca.com/2021/07/13/due-diligence-services/feed/ 0 Register a NBFC in India and RBI Compliances http://panchalca.com/2021/07/12/register-a-nbfc-in-india-and-rbi-compliances/ http://panchalca.com/2021/07/12/register-a-nbfc-in-india-and-rbi-compliances/#respond Mon, 12 Jul 2021 13:30:37 +0000 http://panchalca.com/?p=663
  • We provide services for registration of Non-Banking Financials Company in India.
  • NBFC have to follow certain guidelines and directions issued by the relevant Regulatory Authority from time to time. These compliances can be in the form of Filing of Returns, submission of any documents, Fulfilling criteria for Deposits, etc.
  • Once the business is set up, various legal, regulatory, accounting and taxation regulations need to be followed. With the progressive changes and updates in the existing laws, monitoring the same and smooth functioning of business operations might become difficult. Our skilled team can provide you regular assistance and advisory services on such regulations and ensure that the records and business operations of your company is current and up-to-date.
    • ]]>     http://panchalca.com/2021/07/12/register-a-nbfc-in-india-and-rbi-compliances/feed/ 0     Accounts Outsourcing service http://panchalca.com/2021/07/12/accounts-outsourcing-service/ http://panchalca.com/2021/07/12/accounts-outsourcing-service/#respond Mon, 12 Jul 2021 13:27:19 +0000 http://panchalca.com/?p=660 Following are few of the accounts outsourcing services that we provide:

    Accounting Outsourcing Services

    • Cash Flow Management
    • Budgeting
    • Cash Disbursement
    • Fixed Assets, Depreciation and Amortization Schedule

    Bookkeeping Outsourcing Services

    • Accounts Payable Processing
    • Accounts Receivable Processing
    • Accounts Reconciliation
    • Bank Reconciliation

    Payroll Outsourcing Services

    Advantages of outsourcing services are as follows.

    • Time saving
    • Cost Saving
    • Client can put more emphasis on Core business activities
    • Analyzing the potential risks in advance
    • Collection, summarization, and accurate analysis of financial data
    • Optimization of business resources and processes
    ]]>     http://panchalca.com/2021/07/12/accounts-outsourcing-service/feed/ 0     Valuation http://panchalca.com/2021/07/12/valuation/ http://panchalca.com/2021/07/12/valuation/#respond Mon, 12 Jul 2021 13:23:18 +0000 http://panchalca.com/?p=657 Valuation has become a common term in business today in India. we provide the following valuations:

    • Business Valuation
      Partnership Valuation
    • Intangible Asset Valuation
    • Equity Valuation

    Valuation as per Income Tax Act, 1961 and as per Companies Act, 2013

    ]]>     http://panchalca.com/2021/07/12/valuation/feed/ 0     Accounting and Book Keeping http://panchalca.com/2020/08/21/my-adventure-in-the-alps-one-of-the-highest-mountains/ Fri, 21 Aug 2020 16:06:05 +0000 https://bizbergthemes.com/business-event/?p=108

    We offer all kinds of accounting and book writing services. We offer tailor-made accounting and book writing systems for Sole proprietorship, small businesses, midsized businesses or large conglomerates. In this age of cut throat competition, it is imperative for top and middle level Managers to update themselves with the statistics and current affairs of the company which are important for the policy formulation. This is where the carefully prepared accounts of the company come in handy. We have a team of most efficient and competent staff to meet with this important requirement of our clients who readily furnish every data and information as and when required. We provide accurate and timely services full range of accounting, book writing services, quarterly updates and financial statement preparation services that include:

    • Book-Writing
    • Daily Online Access And Timely Reporting Via The Internet
    • Payroll Reconciliation
    • Checking Account Reconciliation
    • Accounts Receivable/Payable Reconciliations
    • Data Entry / Comparison of data from hard copy to soft copy and vice-versa
    • Capital Planning And Investment Management
    • Preparation of Management Accounts and Statutory Accounts.
    • Separate Currency And Investment Gain/Loss Accounting
    • Partnership Accounting
    ]]>         Audit Assurance Services http://panchalca.com/2020/08/21/audit-assurance-services/ Fri, 21 Aug 2020 16:03:16 +0000 https://bizbergthemes.com/business-event/?p=104 Internal and Management Audits (Risk & Objective Based)

    Risk based Internal & Management Audits with focus on process flow, root cause analysis and practical recommendations. Identify process improvement opportunities and use of control rating indices for evaluating and benchmarking overall internal control system, to assist in managing the Internal Audit activities on a fully outsourced or on co-sourcing basis. Our Internal Audit services are focused towards:

    • Improving organization’s overall governance, risk management and internal controls
    • Providing insight based on analyses and assessments of information, data and business
    • Processes through extensive use of advance audit tools and technologies
    • Adding value through our practically implementable solutions (with greater focus on IT /ERP system) to reduce costs and improve efficiencies
    • Assistance in implementation of Audit Recommendations through constructive dialogues, regular follow-up with process owners and interactive reports
    • Committed to integrity and accountability, our objective is to add value to senior management as an independent source of advice

    Business Process Review and Re-engineering

    Review of existing processes and internal controls helps in identifying gaps. Assist Management in objectively reengineering the business processes. Our team to execute niche consulting assignments on Business Process Re-engineering (BPR). Our BPR projects are structured to optimize end-to- end business processes thorough in-depth study / understanding of existing processes, walk-through of live transactions and activities in ERP systems as well as on the floors and data analytics.

    SOP

    Standard Operating Procedures (SOPs) are the backbone of the business processes, so is the critical component of organization’s overall Governance, Risk and Control framework. We are having a wide exposure in designing and documenting SOP for various large and mid-size corporates across industries.

    Although, our SOP documents are customized depending upon the needs of the organizations, however, we ensure designing interactive, crisp and task-oriented documents to help the users to perform their tasks and duties efficiently & effectively.

    Our process of designing SOPs ensures constructive involvement of Process Owners and their team, this approach helps in getting quick buy-in from the execution team and swift implementation of laid down procedures.

    Fraud Detection & Investigation

    Fraud Risk Management & Assessments and Forensic Audit

    To assist management in assessing, improving and monitoring internal control structure with Fraud Risk Management. We help organisations create an FRM framework as a component of their overall risk management strategies, with the framework including various policies, procedures, tools and mechanisms for prevention, detection and investigation of fraud.

    One of the greatest requirements of modern times is to understand the risks and increase the preparedness and ability to nip fraud and wrongdoing in the early stages. Fraud risk assessment expands upon traditional risk assessment, it is scheme and scenario based rather than based on control risk or inherent risk.

    Our approach to assessment includes:

    • Evaluation of fraud risk factors and identify possible fraud schemes / scenarios.
    • Prioritization of identified fraud risks
    • Evaluating whether mitigating controls exist or are effective
    • Documenting the risk assessment process & conclusions
    ]]>         Direct & Indirect Taxation Advisory Services http://panchalca.com/2020/08/21/direct-indirect-taxation-advisory-services/ Fri, 21 Aug 2020 16:01:29 +0000 https://bizbergthemes.com/business-event/?p=102

    Domestic Tax Compliances

    • Compliance handholding including preparation and filing of Income Tax, TDS returns.
    • Tax Planning for all entities and advising on Advance Tax payments

    Representations and Litigation and Planning

    • Representation for Assessments, Appeals, Refunds and other matters.
    • Handling Litigations and Appearing before Appellate Authorities
    • Opinions for complex representations, litigation & planning matters.

    Indirect Taxation Advisory

    Compliance Services and Audits

    • Compliances handholding including GST Registration, Payment of duties & taxes, Preparation and filing of returns etc.
    • Conducting audits as per the requirement of the statute or compliance audits / Due Diligence Check as per the needs of the clients.

    Representations, Litigation and Opinions

    • Representation for Assessments, Appeals, Refunds and other matters.
    • Handling Litigations and Appearing before Appellate Authorities.
    • Opinions for complex representation, litigation and planning matter.
    • Advice on proper Classification, Valuation, Applicability of Taxes on Transactions in reference to Benefits / Exemptions.

    ]]>         Corporate Compliances http://panchalca.com/2020/08/21/corporate-compliances/ http://panchalca.com/2020/08/21/corporate-compliances/#comments Fri, 21 Aug 2020 08:03:05 +0000 https://bizbergthemes.com/business-event/?p=1 Corporate Laws Advisory

    To deliver realistic and business oriented solutions to the procedural, regulatory and other compliance related issues. Our advisories are based on practical approach, experience in corporate legal issues and experience of dealing with the authorities/regulators.

    We are equipped to take care of all the requirements of a Body Corporate under Company as well as Securities laws. Our scope of services includes:

    • Incorporation of companies, trust & societies
    • Winding up proceedings of defunct companies, trusts & societies
    • Incorporation of public & private limited companies, trust and societies
    • Setting up for branch offices
    • Setting up for liaison offices
    • Obtaining regulatory approvals for various corporate actions.
    • Corporate Compliance Management
    • Regulatory Approvals and Compounding
    • Inspection and Investigation
    • Secretarial compliances under Companies Act and other tax and securities laws
    • Preparation and maintenance of statutory records and registers
    ]]>     http://panchalca.com/2020/08/21/corporate-compliances/feed/ 1