RHHP & Associates

In addition to your statutory obligations we believe an audit is a valuable opportunity to help you control your business.

Our audit team is focused on client service and seeks to be a proactive contributor to the profitable growth of your business by challenging you and offering ways "to do it better".

We undertake all forms of auditing and reporting as required by various statutes.

• Statutory Audits - as required by any statute
• Tax Audits - as required by the Income Tax Act, 1961
• Special Purpose Audits And Reviews
• Investigations
• System & management audit
• Concurrent and Income & Expenditure audit
• Bank audit
• Stock audit
• Due diligence
• Certification work

Internal Audit Review
The object of Internal Audit is to assist you in the discharge of your oversight, management, and operating responsibilities through independent audits and consultations designed to evaluate and promote the system of internal controls, including effective and efficient operations.

Internal control is broadly defined as a process designed to provide reasonable assurance that objectives are achieved in the following categories:

• Effectiveness and efficiency of operations
• Reliability of financial reporting
• Compliance with applicable laws and regulations
• We can assist you in improving your operations by determining if the internal control structure in your company adequately and effectively.
• Safeguards your company's assets .
• Ensures the accuracy, reliability, and integrity of accounting information
• Promotes efficient use of your company's resources
• Encourages employees in your company to follow management's policies and procedures
• Accomplishes company objectives and goals
• Prevents and detects fraud

• Providing information to management for business restructuring, planning of product lines, pricing policies, etc. 
• Strategic planning for operations  
• Preparation of Employee Stock Option Schemes
• Assistance in the matter of product costing, price fixation and other management decision making.  
• Assistance for compliance with the procedures of company law including maintenance of statutory registers, filing of statutory returns, drafting of resolutions of General Body and Board Meetings and other day to day operational matters.  
•  Recruitment of management personnel, imparting training in financial and costing, management accounting and secretarial areas.
• Registration of companies  
• Maintenance of share registers and other statutory records/maintenance of minutes books.

We advise and assist clients with all aspects of their accountancy work. From setting up and maintaining prime records and effective information systems, to preparing and producing management accounts and annual financial accounts.

Our services are tailored to meet the specific needs of any type of company, partnership or sole trader. Also, non-profit-seeking bodies such as charities and societies.

You can rely on RHHP & Associates to provide the range of services that you would expect from an internal accountant including:

• Regular financial reporting and analysis
• Maintenance and Operation of Banking Facilities
• Preparation of Cost Sheets and Cost Data
• Accounting Assistance and Supervision
• Profit and cash flow budgeting and monitoring
• Financial applications
• Costing and pricing
• Annual Profit and Loss Account and Balance Sheet.
• Management Information Systems
• Regular or Periodic management accounts
• Assistance in all aspects of Trade Finance

In addition to preparing annual tax computations and returns, we provide clients with clear and constructive advice on all aspects of corporate and personal taxation - including forward tax planning. We also act as Clients Tax representative before the Tax Authorities and judicial bodies. Consultancy and advisory services to national and foreign entities for tax compliance and tax planning on direct and indirect taxes including preparation and filing of tax returns, appeals, revision and review petitions before the authorities. Structuring of pay roll packages of national and ex-patriate employees. Taxation of foreign expatriates and tax implication of joint venture and foreign collaborations.

• Corporate Tax
• Structured Reviews To Maximize Tax Planning Opportunities
• Partnerships
• Capital Tax Planning For Business Owners
• Tax Planning For Employees
• Tax Investigations- Advice, Assistance And Support

• Advice And Assistance With Self-Assessment
• Personal And Family Forward Tax Planning
• Capital Gains Tax Planning And Reviews
• Retirement Planning
• Tax Related Advice On Investments

• Individuals Leaving India
• Individuals Coming To India
• Business Setting Up Abroad
• Business Setting Up In India.

• Design and introduction of financial, costing, management information, management accounting, internal control and internal audit systems.
• Preparation of comprehensive financial and cost accounting manuals and internal control and internal audit manuals.

• Assisting in the evaluation of new projects that include market surveys, techno feasibility studies, project cost, its financing pattern and preparation of project profiles and feasibility reports.

• Rendering advisory services on economic, industrial matters including government policies and procedures on approvals, taxation, foreign exchange, foreign investments, joint ventures, collaborations, and capital market.
• Assistance in preparation of application to regulatory authorities and obtaining approvals and carrying out negotiations with collaborators and in drawing up of agreements in line with International practices.
• Valuation of shares for purposes of allotment of shares to non residents as required in Foreign Exchange Management Act, 2000.

• Preparing schemes in the matter of capital restructuring, financial reconstruction, obtaining approvals from regulatory bodies.  
• Carrying out study to identify reasons for financial and, industrial sickness and suggest measures for revival.  
• Assistance in negotiating with banks for getting approval for revival package.

• Statutory compliance has become critical and important in the recent times from an organizational perspective as well as from the director’s responsibility viewpoint. Also the cost of default/non-compliance can be heavy in terms of financial and other obligations.
• In view of the above, it is necessary that statutory health checkups at periodical intervals are carried out to avoid any surprises/non-compliance.
• We undertake review of books of accounts and report the state of statutory compliance at periodical intervals to the management/BOD. We undertake statutory compliance review on a quarterly basis.

This includes review/verification of

• TDS related compliance.
• VAT related compliance. 
• Service Tax related compliance.
• Routine Income Tax compliance. 
• Compliance in respect of Labor related laws like Provident Fund, ESI, Professional Tax etc. 
• Shops and Establishment Act compliance.

• RHHP & Associates offers Transaction Advisory Services with the objective of assisting our Clients to make well informed and well considered decisions during Mergers and Acquisitions.
• Our Transaction Advisory Services intervention helps our Clients to minimize the Acquisition time and enable growth in a relatively easy and faster mode.

We help our Clients in the entire deal cycle covering the following

• Target Identification
• Valuation
• Financial Due Diligence
• Transaction Structuring
• Deal Completion Support

RHHP & Associates offers Company Set-up Services in India with an objective to support the launch and growth thereafter for our start-up Clients . RHHP & Associates facilitates a hassle-free launch for Start-up Clients from India and multinational companies entering the Indian market and subsequently supports their growth through our wide range of Service offerings.

We provide a whole host of Company Formation Services for the benefit of organizations from across industry sectors, including:

Pre-Launch support

• Market Intelligence
• Business intelligence
• Entity Structure Advice

Launch Phase Support

• Set Up Services
• Taxation Assistance
• Business Plans

Post Launch Support

• Initial HR Assistance
• Accounting, Bookkeeping & allied activities
• Business Reporting