Accounting and Assurance Advisory Services
Accounting of any enterprise is important to show the true picture of the business hence great care need to take while reporting such numbers as tax and compliance of any company also depend on the accounting of such business. While doing accounting in today global world there are policy and procedure, principles for such accounting has been informed through IGAAP,IND-AS, IFRS hence correct way is very important.
As shareholders does not involved in the day to day affairs of the business hence they measure the success and failure of any business through Financial Statements hence it is very important to report and present the financial statements in true and fair manner by adopting all the principles of accounting advised through various accounting policies and accounting standard.
As Many multinational companies managing their business in India through establishing their subsidiary company in India and such company need to maintain their accounting record in the technology adopted by them and need to do audit as per the laws of the country in which holding company is situated.
As to adopt this complex environment there is need of support to our client to follow the accounting principles and there is always risk with respect to process, procedure hence management of company would like to assure there is such internal control set to mitigate the risk arise from financial operations.
Yobapart is there to help our clients to support in terms of following correct accounting policy and principles, to measure the internal control through three line of defence, segregation of financial duties ,Delegation of Financial Authorities etc. We support to our client preparing the financial statements and supporting in preparing various schedules as per Companies act for statutory audit, support for preparing internal audit etc.