Implementation of Accounting Systems and Processes
- Designing & Implementing Accounting Systems including identification/development of Software & Hardware for fresh entities
- Study and re-engineering of existing accounting systems and processes
- Formulating SOP for various types of transactions
- Conversion of Existing Accounting Systems from Single Entry/Cash Basis to Double Entry/Accrual Basis-Government Departments & Agencies
Due Diligence & Transaction Advisory for Business Takeovers, mergers and demergers
- Identification of Industries/Entities for integration/take-over/merger
- Research of Target entity for guiding an Investment decision
- Due-diligence
- Drafting and Execution of Schemes of Merger/Amalgamation/Demerger
- Representation before Statutory authorities
- Preparation of Agreements and Undertakings, Minutes and other relevant documents
- Statutory Filings
Guidance on Accounting Standards-NACAS & Ind AS
- Implementation of NACAS/ Ind AS on first time adoption by an entity
- Implementation of newly introduced/adopted AS
- Preparation of Standard Manual and SOP for different types of transactions for already implemented entities
- Preparation of prior year financial statements according to changed adoption of Standards
- Drafting of Annual Financial Statements to report on the changed adoption
Software Implementation
- Preparation of existing Process Flow chart of entities
- Co-ordination with developers and client staff
- Validation before going live through test data
- Hand holding of client staff during and post implementation
- Trouble Shooting for client staff post implementation
