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BHASKARA RAO K.V. & CO. is a Chartered Accountant firm with more than sixteen years of total experience in the fields of statutory audit, internal audit, information systems audit, tax audit, enterprise resource planning implementations and ERP audits, management consultancy, accounting, taxation, company law, costing and related areas.+ Read More

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Tax Planning And Compliance Services
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Everyone has to give the tax man his due. But no one should pay more than they have to.  Marriage and mergers, divorce and dispositions, children, education, work and business, retirement, birth and death, disaster and good fortune, magazine subscriptions grand parties etc.--

No aspect of life has been overlooked by the Income Tax Department. It only makes sense to structure transactions for the most favorable tax treatment.

We have expertise in every area of the Income Tax act, and are able to represent clients at audits/ appeals. Should that unhappy situation ever arise. immediate help is at hand.

  • Personal and business tax preparation
  • Experts in trust and estate matters
  • Payroll, property, sales and other business tax matters
  • Retirement and investment planning
  • Gifts and charitable contributions
  • Audit representation, offers in compromise and payment plans 
  • Appelate representation

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Audit Review And Compilation Services
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We analyze your current situation to gain a thorough understanding of your business, your goals and the challenges you face.

  • Audit, review and compile financial statements
  • Review current accounting procedures and internal controls 
  • Implement or improve computerized accounting systems
  • Identify strategies for the most favorable tax treatment
  • Training and support for your accounting staff
  • Compile your accounts as per IFRS or US GAAP.

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Accounting And Audit Support Services
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We can provide the following services to public or privately held companies in relation to their annual or quarterly reporting requirements:

  • Assist with preparation for annual audit or quarterly reviews, including the preparation and organization of workpapers
  • Assist with financial statement preparation, including footnote disclosures
  • Act as liaison between company management and external auditors
  • Preparation of income tax provisions and income tax disclosures
  • Assist with determination of proper accounting treatment for complex transactions
  • Provide consulting services in connection with other issues or problems that might arise relative to financial statement preparation and disclosures

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BPO Services
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BPO Services

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Let a Specialist Manage Your Noncore Business Processes So You Can Focus On Your Business

To remain competitive in the global economy, you need to concentrate on what made you successful in the first place – your core business. You can't afford to expend valuable time and energy managing transactions and noncore processes that could be handled by other specialists. Bhaskara Rao K.V. & Co can provide the strategy, solutions and services you need to solve your complex business issues, achieve results and maintain your competitive advantage. Combining more than 16 years of information technology (IT) management and business process outsourcing expertise with knowledge specific to your industry, we can provide business-focused solutions tailored to your specific strategic goals.

Our full portfolio of BPO solutions will help you improve customer loyalty, drive revenue growth, maximize operational and organizational efficiency, integrate your business processes and applications, and save you money. We have the capability to deliver optimum value in BPO solutions because of our:

  • Domain expertise
  • Process excellence
  • Best-of-breed applications and alliances
  • Economies of scale
  • Globally secure network
  • Best Shore® delivery – the optimum mix of onshore, near-shore and offshore outsourcing

By leveraging our experience as an outside business process expert, you are free to concentrate on your core business.

You can outsource your payroll, employee benefits management, accounting, financial and administrative processes, human resources functions etc.

To sum up you can have us as your ally contributing to the effort of transforming yiour business into a leaner, more dynamic, agile and flexible operation.

 

 

© 2008 Bhaskara Rao K.V.& Co, Chartered Accountants, All Rights Reserved

 


 

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Business Consultation And Accounting Services
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Accounting is more than entering correct numbers in the right columns. We provide highly personalized support to meet your immediate needs and achieve your long-range goals. We take a partnering role with our clients and feel a vested interest in their success. Together, we create systems that allow you to control every aspect of your business.
Our years of experience help you make the right decisions and look great on the bottom line.

Business consultation:
  • Write and evaluate business plans
  • Prepare loan applications and venture capital proposals 
  • Help in pricing your product or service 
  • Develop budgets and business forecasting 
  • Establish credit policies, project and improve cash flow 
  • Implement cost controls, control loss and shrinkage 
  • Analyze business operating results

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Information Technology Service
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IT Policies: The IT Policies of the client company is studied and based on the study, IT strategies are devised by us. The existing policies are also reviewed to ensure compliance with the standard norms. Additionally , our scope of review extends to revision of the policies if necessary.

BCP/ DRP Reviews: Business Continuity Process or BCP outlines a plan of action / methodology in the event of a disaster (natural/artificial) . This ensure that all business processes are not disrupted , and maintain a state of continuity. BCP reviews also help in reducing operational risks and can be integrated with risk management practices, and information security systems
Structuring of IT set up.

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In M & A transactions, Bhaskara Rao K.V & Co provides the following services:

  • Seller representation
  • Buyer representation
  • Due diligence
  • Accounting
  • Financing
  • Business valuation
  • Tax planning
  • Legal, strategic advisory services
  • We provide unprejudiced but substantiated advice to our clients, build bridges wherever necessary and aim to increase their success and business opportunities.

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SOX Service

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Sarbanes Oxley Compliance (SOX) is a set of control requirements that regulate the working of financial statements. This demands more scrutiny and exercises a deeper insight into the functionality of all aspects. Our approach to SOX initiates with:

  • Documentation: where the process flow of the client's system is documented. This enables an enhanced comprehensibility.
  • Review and testing: The output of each activity is reviewed for compliance with control requirements.
  • Remediation planning and review: Where any disruption in the functional flow is noted and as a rectification procedure, a New plan for implementation is chalked out, implemented and tested.

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