In current Scenario, Audit is not a postmortem only but “out of the box” approach. Be it Statutory, Tax, Concurrent, Internal or Management Audit. An Auditor is a watchdog and not bloodhounds.
Corporate Advisory services are an umbrella term that encompasses specialized advices and it revolves around an organization. Be it finance, merger, restructuring or change of ownership.
An act enacted with effect from 01.10.2016 to consolidate and amend various laws thereby enhancing the resolution process in a time bound manner for maximization of value of assets. Be it corporate, firm or individual.
LLP is a Partnership in the form of Body corporate where partners are not liable for another partner’s act , misconduct or negligence. This liberty is not available to pure partnership firm.
A merger is a form of corporate restructuring that combines two or more existing entities into single entity and it is commonly done to expand company’s reach into new / same segment. Be it small, listed, foreign, NBFC or unlisted entity.
A NBFC is a company incorporated under The Companies Act, 1956/2013 and registered with RBI in order to engaged in the business of loans and advances, acquisition of securities, leasing, hire-purchase, insurance etc.
Tax is a compulsory contribution to state revenue levied by the government on worker’s income and business profits or added to the cost of some goods, services and transactions. Be it direct or indirect.
Valuation is an estimation of the worth of something be it asset, liability, business or for a transaction. It is wise to obtain an independent valuation. It is perfect combination of science and art.