Your Futures Starts Here
Audit & Assurance
Auditing is a highly complex process; and the importance of auditors as a vital link in the financial reporting chain and their role as trusted advisors has increased manifold in the present era. We at RichieBizz Advisors, understand that to deliver quality audit and assurance services, we must look beyond the traditional ways and understand stakeholders concerns relating to performance, privacy, risk, controls and data analysis. Our experience with leaders in various industry verticals enhances the confidence of various stakeholders. Our audit begins with understanding client’s area of operation and identifying major risk areas. We work closely with client to comply with Accounting Standards, Standards on Auditing and other applicable provisions of the law.
In delivering these services, we adhere to the highest standards of independence, professional objectivity and technical excellence.
(Branch out – Tax Audit, Statutory Audit, Fraud Investigation & Foreign Audit, Stock Audit, Management & Trust Audit, GST Audit)
Direct Tax
Amid the challenging economic scenario and newfound initiative by the Government to improve tax environment, businesses need to pay close attention to tax challenges and rework their strategies. Effective tax structuring and planning ensures that organisations remain competitive in this complex business environment and at the same time manage their tax exposure.
While the laws are the same for all businesses, in many cases an in-depth and holistic understanding of the client’s business ethos is missing. We deliver risk-adjusted optimisation by providing simple and precise tax structuring advice. Our processes are time-tested and we do not operate in silos.
We, at RichieBizz Advisors always strive to provide an effective compliance services and in depth technical expertise across wide range of tax service.
Indirect Tax
Goods and Service Tax (GST) is the most important indirect tax reform in the country, which introduces a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India to replace various taxes levied by the central and state governments. GST is levied and collected at each stage of sale or purchase of goods or services based on the input tax credit method. Changeover to GST will impact the tax structure, tax incidence, tax computation, tax payment, compliance, credit utilization and reporting, leading to a complete overhaul of the current indirect tax system followed by company. It is imperative for entities to study the far-reaching impact of GST on almost all the aspects of the business operations, i. e. pricing of products and services, supply chain optimization, IT, accounting, and tax compliance systems. We assist our clients in deciphering GST impact and identifying risk areas and sustainable planning opportunities.
Appeal & Assessment
Litigation and compliance disputes are potential risk areas. We help clients reduce this threat through complete, accurate and exhaustive submissions to the authorities. Our representations and submissions ensure that clients avoid or cut down on litigation. We simplify core issues.
Not only have we helped clients reduce litigation, we have also gained respect among the authorities. We have represented clients at all stages of proceedings and quite often than not the cases involve complex and challenging issues. Our expertise has been built out of decades of combined experience and each matter is handled carefully and by paying attention to detail and we take pride in our diligent preparation. Before judicial authorities our clients are well defended as we are backed by a talented and dedicated support staff.
Business Advisory
In today’s competitive economy, businesses cannot expect to survive without clear strategy to reach desired goals
Our clients today are constantly exposed to a long list of external and internal risks. This results in our clients being faced with a plethora of options to mitigate the risks faced and keep the organization on the growth track. Our single minded approach has been to evaluate each and every option and come up with the best solution that is relevant to the enterprises’ overall business objective and the issues it is facing to achieve those objective.
RichieBizz Advisors supports on-going business operations and new start-ups by offering various enumerated services. We also work closely with our colleagues in Audit, Tax and other specialists, both internal and external, to provide a comprehensive service, tailored to the needs of the clients.
Accounting
It can be difficult to keep up with your finances while trying to focus on managing an organization. Our outsourced back office accounting services can help you by providing experienced staff accountants from a firm with good accounting experience. You’ll receive services that are tailored to fit your organization’s specific needs.
Our team takes care of all financial statement preparation such as balance sheet, income statement or profit and loss statement, statement of retained earnings and cash flows.
Due Diligence
Due Diligence refers to the process of research and analysis that is done before an acquisition, investment, business partnership or bank loan in order to determine the value of the subject of the due diligence or whether there are any major issues or potential issues.
Our Due Diligence team performs financial, legal and tax due diligence and business analysis for organisations that are contemplating investments, strategic partnerships, mergers and acquisitions or that are looking to enhance organisational effectiveness in an existing business unit or portfolio company.