Taxation Compliances
5 major pain areas of CFO’s related to Tax Compliances Dependency on person who looks after the tax compliances even if the competence level is average Don’t get time to review tax related information as it’s always filed at the... Read More →
XBRL Conversion Services
We have a dedicated team for XBRL conversion services, which comprises of domain experts in this field. Many big corporate houses rely on us to get their Financial Statements converted in XBRL format as per specified taxonomy and business rules.... Read More →
India Entry Service
5 super important things to be considered while entering in India Choose the right city which may be culturally similar to your country. India is a diverse country and each major city has it’s own different culture Understand the all... Read More →
GST Consulting Services
Good and Service Tax is the largest Indirect tax reform in India which is going to impact the way business is carried out at pan India level. It’s going to replace almost all the existing Indirect tax or levies like... Read More →
Compliance Audit
Problems faced by companies related to Compliance Management Lack of clarity regarding whether a company is complying with all the applicable compliances as per the nature and size of business. Difficult to ascertain completeness of documentary evidence (i.e. Challans, Returns,... Read More →
SOP’s and Automation
4 major problems solved by SOP’s (Standard Operating Procedures) Dependency on an employee for certain knowledge intensive tasks i.e. MIS, Taxation etc. No reference material to train a new employee and also for an (Internal) Auditor to audit Regular delays... Read More →
Accounts Receivable Outsourcing
5 common problems faced by companies in their AR function No foolproof system to ensure the receipt of invoices by the relevant person at Client’s office Lack of real time debtors ageing No systematic follow up with clients for payments... Read More →
Due Diligence Review (DDR)
Background 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. Ind AS implementation road map Phase I Phase II Voluntary adoption Year of... Read More →
Employee reimbursement system
5 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 →