Due Diligence Review (DDR)
ABackground of DDR: Due diligence is a process of thorough and objective examination that is undertaken before corporate entities enter into major transactions such as mergers and acquisitions, issuing new stock or other securities, project finance, securitization, etc. This is... Read More →
Ind AS Consulting Services
Ind-AS has been made applicable w.e.f. Financial Year 2016-17. At BC, we have expertise in helping the corporates to make smooth transitioning to this new statutory requirement. AInd AS implementation road map Phase I Phase II Voluntary adoption Year of... Read More →
Employee reimbursement system
A5 Problems faced by companies in it’s process of Employee Reimbursement: Dissatisfaction among employees due to delay in payment Subjectivity while processing the reimbursement claims of certain employees Frustration because of no information about deduction made No real time tracking... Read More →
MIS Designing
A5 common problems faced by business owners and CEO’s: Not getting MIS on time without follow up Accuracy of information is questionable Present form of MIS doesn’t help in decision making Not able to find out how much actual profit is... Read More →
Service Export from India Scheme
Service Export from India Scheme (SEIS) ABackground of the scheme: Service Exports from India Scheme(SIES) has been introduced through the latest Foreign Trade Policy(FTP) 2015-2020 as a tool to encourage export of notified services from India. It replaces the Served... Read More →
Compliances Services
ACoverage of Compliances: Income Tax Service Tax VAT Excise Duty FEMA STPI & SEZ Companies Act Others B5 common problems faced by CFO’s related to compliances: No real time status of compliances on pan India level, entity wise / State... Read More →
Payroll processing
AObjective of Payroll Processing To increase the effectiveness and motivation of employees through timely and correct processing of monthly payroll, provide expert advice on tax related issues and help HR function to focus on its core areas. BCompany Profile A... Read More →
Internal Audit services
A 5 Common Pain points of CFO’s related to Internal Audit No time investment in understanding the dynamics of company’s business Transaction based approach of Internal Auditor vs. CFO’s expectation of system driven approach Frequent change in the team members... Read More →
Accounts Payable (Procure to Pay)
A7 Problems faced by companies related to their Accounts payable function: Regular complain of user/purchase department about delay in payment of vendors. Biased behaviour towards vendors or user department while releasing payment Error of judgment while deducting TDS on vendor... Read More →
Internal Financial Control (IFC)
ICFR Implementation services: Background of ICFR Relevant provisions of ICFR Applicability matrix IFC vs. ICFR Our services in ICFR Deliverables Scope of work Execution strategy 1 Background of ICFR To understand the background of Internal Financial Control over Financial Reporting... Read More →