With the world constantly and rapidly changing, the future is full of realigned priorities. We press on looking for sustainable growth, staying in shape and preparing for a new landscape. Partnering with our clients, we develop tailored and thorough recommendations in collaboration with sector and technical experts, bringing among the best minds from across different fields
By working in multi-disciplinary teams, we deliver holistic thinking and insights helping clients in transforming their organization, no matter what their primary challenges are – from improving performance, to optimizing risk, to restructuring their operations or seizing new opportunities.
Given India’s complex and bureaucratic accounting, tax and regulatory environment, businesses face significant challenges in their attempts to establish operations here and then remain compliant. Companies are faced with the difficult task of bringing together a team of experts and coordinating their services, making it a tedious and expensive process while not guaranteeing the elimination of compliance risks.
If you are setting up operations in India, we can provide a back office for accounting, payroll, financial reporting, tax and other regulatory compliances. We have the capability of assisting a company of any size – we have helped reduce cost and improve efficiency by becoming the finance and accounting (F&A) team for small to large Indian companies as well as overseas companies.
If you are a small subsidiary of a foreign company in India, we can become your Chief Financial Officer and your in-house accounting team while you focus on your business. As your business grows and complications increase, you can retain us to support you. While you may hire your own financial controller, we would continue to handle all processes. In this way, we can support your business right from the start through the growth phase, for as long as you require.
We could also help you set up your own F&A team by helping you hire the right people and designing the necessary systems for you.
If you are an overseas business but want to manage your accounting and tax activities from India, we can assist you with that.
Our single point of contact will help simplify managing your company’s support functions by coordinating with the relevant teams at paaramarsh. We aim to facilitate the smooth running of your business with improved efficiency by performing these routine functions for you in a cost-effective manner.
We can manage your F&A processes by:
- Setting up complete accounting systems
- Managing the preparation and signing of cheques
- Liaising with banks
- Book-keeping and General Ledger management
- Accounting and reporting
- Preparing year-end financial statements
- Reporting to parent companies
We Deal in followings areas
- Customer Growth
- Data and Insight
- Efficiency and Cost Management
- Financial Management Advisory Services
- Operational Strategy
- Shared Services and Outsourcing
- Inventory optimization
- Supply Chain Optimization
- Talent and Human Capital Management
- Financial Risk Management
- Forensic Accounting
- Financial Modeling
- Portfolio management
- Investment Management
- Tax Audit
- Company Stat Audit
- Stock Audit
- Process Audit
- Vat Audit
- Excise Audit
- Cost Audit
- Secretarial Audit
ISO 19011 is an international standard that sets forth guidelines for:
Management systems auditing It is developed by the International Organization for Standardization.
The standard offers four resources to organizations to “save time, effort and money”:
A clear explanation of the principles of management systems auditing.
Guidance on the management of audit programmes.
Guidance on the conduct of internal or external audits.
Advice on the competence and evaluation of auditors