AGC offers the following customized functional services to its esteemed clients :
Accounting and Payroll Outsourcing
• Accounting and Payroll System Design and Implementation
• Financial Accounting
• Budgeting
• Financial Reporting
• MIS Reports
• Financial Analysis
• Asset Accounting Management, Depreciation and Amortization Schedules
Audit and Assurance
• Statutory Audit
• Internal Audit/Concurrent Audit with value added business transformation reports, if required.
• Business Audit
• Tax Audit
• System Audit
• Management audit, special audit, operational efficiency audit
• Pre audit compliance
• Corporate Compliance
• Audit of US Corporate Entities as per auditing standards generally accepted in the United States of America
Corporate Finance
• Preparation of Project Reports and Feasibility Study Reports.
• Preparation of CMA data for bank finance
• Project Appraisal
• Private Equity Funding
• Inter-corporate deposits
• Term Loans
• Working Capital Limits
• Other Related Services
Company Law & Secretarial Services
• Formation of Indian and Offshore companies, setting up liaison and branch offices
• Advice on various corporate matters including appearance before the Company Law Board
• Drafting and maintenance of minute books and other statutory records and registers
• Assisting in preparing and filing of various forms and returns with the Ministry of Corporate Affairs
• Assisting in winding up of companies
Due Diligence –
We offer our Due Diligence services to organizations and individuals interested in investments, strategic Proprietorhips, mergers and acquisitions or in improving the efficiency of an existing business. AGC’s Due Diligence services seek to enhance our clients’ business decisions by incorporating an unprejudiced perspective with a meticulous understanding of technologies, business strategy and keep analysis of potential investments. We undertake extensive studies of operational procedures, identify cost-saving techniques and structure actionable, value-added plans for our clients to progress into organizational efficiency.
IFRS
A sizeable number of UK based and EU based companies began to action the switch to the IFRS system from 2005. As the 2010 deadline for the switch has passed, the necessity to comply with the new global standard is manifest. AGC offers assistance in actualizing the switch from the former financial reporting standards by calculating key performance indicators, remuneration schemes calculated using the new financial format, assessing the tax implications of IFRS, the impact on performance measures and determining whether the existent controls are sufficient to deal with the new standard and providing solutions to effect a smooth transition to IFRS.
Indian GAAP
We strive to offer exemplary services powered by our experience and understanding of Indian GAAP to action greater efficiency in systems and business procedures in our clients’ businesses by ensuring the veracity and accuracy of controls and evaluation measures. The assurance of truthfulness in management of information and evaluation of implemented controls and regulation measures adopted by the organization is essential to our services.
Services to Non-Residents
• Allotment of Permanent Account Number (PAN)
• Tax planning
• Consultancy on FEMA/RBI matters
• Filing Income-tax Returns
• Advice on investments in India
• Making application to RBI for various matters including investment/disinvestment in residential and commercial properties
Goods & Service Tax (GST)
• Registration under Goods & Service Tax
• Consultancy on maintenance of proper records
• Consultancy on proper accounting for Goods & Service Tax
• Consultancy on various issues relating to Goods & Service Tax
• Preparation and filing of GST Returns
Taxation
Direct Tax –;
• Consultancy on various intricate matters pertaining to Income-tax
• Effective tax structuring and advisory services
• Tax planning for corporate and other clients
• Designing/restructuring salary structure to minimize tax burden
• Obtaining PAN/TAN for corporate and other clients
• Advance tax estimation and deposits
• Filing Income-tax x returns for all kinds of assessees
• Filing Income-tax Returns for employees of corporate clients
• Filing eTDS returns with NSDL
• Expertise in complicated direct tax assessments
• Filing and pleading appeals under various provisions of the Income-tax Act
International Tax – • Permanent Account Number (PAN) as per Income-tax Act, 1961
• Filing of Income-tax returns on behalf of foreign nationals and foreign business entities
• Foreign repatriation planning
• Foreign tax credit
• Extraterritorial Income Exclusion (EII)
• Foreign earnings and profits
• International tax compliance
• Inbound & Outbound tax planning
• Transfer Pricing
• International financial reporting
US GAAP –
Tax provisions and regulations in the United States are complex and difficult to comprehend and implement. In order to effectively maintain US GAAP at your reporting structure, you need an accounting firm that has the requisite expertise and knowledge to effect corporate or personal tax planning and compliance. AGC offers you services sourced from valuable experience to apply practical and effective solutions to your organization’s needs by providing advice in identifying and incorporating the information required to comply with US GAAP.
SOC Reports -
As an external service provider, we design our processes to meet the client’s operational and processing needs. We focus on providing the clients’ services in an efficient and effective manner. We ensure that the client also needs to (i) understand controls over the processes they have outsourced and their effect on their internal controls; (ii) evaluated the design of those controls; (iii) have confidence that the controls are functioning as intended.
Service Organization Controls (SOC) Reports are prepared in accordance with the International Auditing and Assurance Standard Board’s (IAASB) International Standard on Assurance Engagement (ISAE) 3402 or the American Institute of Certified Public Accountant’s (AICPA) Statement on Standards for Attestation Engagements (SSAE) No. 16. These standards allow independent auditors to issue reports that help meet the compliance and audit needs of the client.
Our approach is focused on helping in meeting the client’s audit and compliance requirements. It includes the following :
• Working to understand the client’s regulatory and compliance needs in order to develop a strategy for meeting those needs;
• Assisting in developing the control objectives of the processes’
• Assisting in planning an appropriate approach to the risk assessment and identifying the basis of assertion;
• Helping the personnel identity that controls it has implemented to address the control objectives;
• Assisting in describing the controls in the SOC Reports
• Reporting on the results of our testing on design and operating effectiveness of the controls.
