SPECIALIST SERVICE

ACCOUNTING AND AUDIT

Our accounting and audit approach enables businesses to comply with their statutory requirements in a smooth and efficient way.

ACCOUNTING

Every business is required to keep proper records. We can help set up the right system to enable you to keep financial records of your business that give you accurate and useful management information. They also enable your statutory accounts to be produced in a timely and cost-effective way.

With our proprietary processes and over four decades of experience, our firm has been at the forefront of the industry's transformation, playing a pivotal role in its evolution into the vibrant stage of the 21st century.

The right system will vary, according to the needs of your business, from a simple spreadsheet to a fully integrated off-the-peg software package. With ever evolving systems, having digital records have obviously become best practice. The ASCO’s team are masters of many accounting software products – including Tally, Xero, Quickbooks and SAGE.

We can assist you in the preparation of your financial statements to comply with specific legal requirements applicable to your industry or sector.

AUDIT

We have a robust history of auditing financial statements to adhere to the Companies Act, Limited Liability Partnership Act, as well as other relevant regulatory frameworks in India. This includes compliance with statutory requirements set forth by regulatory bodies such as the Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), Institute of Chartered Accountants of India (ICAI), and Insolvency and Bankruptcy Board of India (IBBI).

Additionally, we extend our audit services to support clients where documents or stakeholders necessitate an audit, as well as to meet the requirements of third parties such as potential lenders or investors or board of directors. Furthermore, we have extensive experience auditing Film and Advertising agencies in India, managing international assignments exceeding and assisting in global reporting.

OUR APPROACH

Our aim is to provide a thorough and efficient audit service, and the satisfaction and loyalty of our clients stands as testament to this. We are registered with the Institute of Chartered Accountants of India and also licensed to undertake statutory audits.

ASCO’s audit approach is risk-based and designed to ensure a smooth but robust process from planning to completion.

We like to ensure the audits are completed in a time-frame which fits with your schedule and keeps you updated at every step of the way.

SYNERGY, CONTINUITY AND PROACTIVE RECOMMENDATIONS

We pride ourselves on staff continuity that enables us to forge positive and long-standing relationships with our clients.

Our team will work closely with you, applying a detailed working knowledge coupled with a pragmatic and commercial approach. By having a dedicated team of people who invest time to understand your business, we can ensure that we are always on-hand to answer your crucial questions at the point when it is needed.

In addition to fulfilling your statutory obligations, we will also work with you to ensure the audit is structured so you also gain proactive recommendations. These will draw on our extensive knowledge of your sector(s).

While the senior personnel involved in the audit remain consistent, we will aim to provide continuity with the teams where possible. For example, the more junior staff member one year usually becomes the senior staff member the following year. This will help to quickly strengthen our understanding of the company, fund and your systems and processes.

CAN WE HELP?

If we can help you with your accounting and audit obligations, please contact our specialist team shown on the contact us page or email us on anil.sekhri@gmail.com.

Specific advice should be obtained before taking action, or refraining from taking action, on any of the subjects covered above.

The accounting and audit team

Neeraj Singh

Head of Audit

Asmita Nikam

Manager

Pranjal Jaiswal

Accounts team

Vishal Jadhav

Accounts team

Rishi Lal

Audit executive

Kunal Bukane

Audit executive

Parthvi Jaithlia

Audit executive

HOW WE HELP

HOW CAN WE HELP?

Want easier ways to manage your accounts? Got a tricky question about tax? Looking to grow your business? Get in touch and our team of experts will help.

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