Our Services

Internal Audit

These services cover an independent & objective assurance and consulting activity, designed to add value and improve an organisation’s operations. It helps our clients accomplish their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the Risk Management, Control and Governance Processes prevalent in their organisation. In addition to modern Assurance Services, we have considerable experience in setting up the internal audit organisation for clients. The scope of internal audit generally includes the following:

Goods & Services Tax

GST Law in India is a comprehensive, multi-stage, destination-based tax that will be levied on every value addition. In simple words, GST is the indirect tax levied on the supply of goods and services. The GST law has replaced many indirect tax laws that previously existed in India. Agarwal Ajay & Co. provides expert services on GST matters. Though the introduction of GST subsumed as many as tax laws into one, there has been amendments and changes on a regular basis to address the many of the hardship which have arisen on introduction of GST and also to address the political compulsion of the government. All these changes on a very frequent basis, have undone the simplicity of GST and consequently increasing the requirement of Expert advice in complying with the frequently changing GST requirements. Various services provided by our firm are as follows:

Management Consultancy

These future-oriented services aim to bring specialised diagnostic skills to handling a variety of special projects ranging from specific problem solving to long term strategic planning to business process designing to setting up of a control framework.

• INFORMATION TECHNOLOGY CONSULTANCY
• Business Planning & Strategies
• Performance Measurement and Improvement Studies
• BUSINESS PROCESS CONSULTANCY
• Business Process Re-Engineering
• SOP Mapping and Design
• Designing of Accounting Systems
• Designing of Costing Systems
• Stores Management Process
• Asset Management Systems
• Management Information Systems
• BUSINESS CONSULTING
• Systems Requirement Mapping, Planning & Design
• System Re-Engineering Services
• DESIGNING OF CONTROL SYSTEMS
• Risk Assessment and Management Models
• Designing the Internal Audit Framework
• Budgetary Control Systems
• MIS Review and Design

Statutory Audit

We provide attestation services that are meant to provide a qualitative comment on the true & fair nature of the financial statements of corporations/firms. In addition, such audits are geared to evaluate compliance with all statutory and regulatory requirements, including disclosure norms. The firm adopts uniform audit methodologies as per the professional guidelines for Statutory Audit issued by the Institute of Chartered Accountants of India. The audit processes are a composite of analytical process reviews, trend analysis, control overview, detailed transaction checks, software testing and physical audits.

Accountancy

There is growing awareness of the need for a sound accounting framework to support a corporate organisation in its control, reporting & governance initiatives. In today’s corporate world, outsourcing some of your internal operations can be an intelligent decision for your business strategy. We can help you increase your bandwidth, and take on many internal operations, allowing you the space to concentrate on core business. We have both an on, and off-site model, and ensure that our processes adhere to all statutory compliances.

Tax Advisory

Our services on taxation matters encompass consultancy on taxation matters as well as handling the grassroot level execution of a vast range of tax requirements, covering diverse statutes. To provide you with end-to-end assistance, we also handle all the assessments proceedings under direct and indirect tax provisions. We also have expertise in appearing for regular assessments, handling appeals and appearing before tax tribunals and High Courts for any disputes.

Back Office Support

The concept of outsourcing back office functions to an independent entity has already gained popularity. External service providers support a broad spectrum of non-strategic repetitive functions thereby releasing managerial time for core activities. Outsourcing of functions to a skilled workforce is not only service friendly, cost effective and process efficient, it also enables internal resources to focus on achieving business objectives.