AUDITING & ASSURANCE

We help our corporate clients meet their statutory obligations and provide an objective assessment of whether an organization presents an honest and accurate representation of its financial position according to the relevant reporting standards and Generally Accepted Accounting Principles (GAAP). This includes evaluating information such as bank balances, financial transactions, and accounting records.

We work with our clients to evaluate and improve their internal controls, including their corporate governance and accounting processes, in order to add value and enhance the efficiency of their operations. By taking a comprehensive approach to analyzing these key components of an organization, we help our clients identify areas for improvement and implement strategies to achieve their goals.

We assist our clients in conducting an independent and thorough analysis of their management's ability to achieve their corporate objectives. This process helps to evaluate the organization's efficiency, identify any strengths and weaknesses in its operations, and measure its overall accomplishments and achievements. By providing an objective assessment of an organization's management capabilities, we help our clients identify areas for improvement and implement strategies to optimize their performance.

We carefully review an organization's financial records to identify any illegal financial activity. Our team utilizes a variety of skills and techniques to assess whether there has been any financial reporting misconduct. This process involves a systematic examination of the organization's financial records in order to detect any discrepancies or irregularities that may indicate fraudulent activity.

In addition to our core auditing services, we also offer specialized services such as stock audits, information system audits, grant utilization audits, and project audits. These services are designed to help our clients optimize their operations and ensure compliance with relevant regulations and standards.

As experts in tax consultancy, we assist our clients in navigating the complex landscape of domestic and international tax laws. By carefully considering the changing dynamics of Indian tax legislation, we help our clients develop a comprehensive tax strategy that maximizes efficiency and minimizes risk. Our team also reviews existing inter-company contracts and commercial arrangements to identify opportunities for optimizing tax positions and mitigating risk.

We help our corporate and expat individual clients meet their tax filing requirements and ensure timely payment of taxes to avoid incurring interest charges. In cases where certain thresholds are exceeded, we also offer independent audit services in which we verify and inspect the accounts of the taxpayer to confirm compliance with the provisions of the Direct and In-direct Tax Laws in India.

 Our team is skilled in helping clients navigate assessment proceedings conducted by revenue authorities and provides representation services for appearances before revenue officers. We handle all necessary submissions and appeals, ensuring that our clients are well-prepared and represented. We also make sure that audit note replies are thorough and effective, helping clients achieve a favorable outcome in the assessment process. Our team is dedicated to helping clients effectively manage any assessment proceedings and achieve compliance with all relevant regulations.

Our team is dedicated to helping our clients optimize their business presence in India through tax-efficient holding structures and business models that minimize the risk of triggering a Permanent Establishment. We also assist in the repatriation of funds abroad in an efficient way that avoids any excess tax outlays and in turn improves cashflows by obtaining lower withholding tax certificates for our clients. Additionally, we advise on the process of making international remittances and provide the necessary certifications to facilitate smooth transactions.

Our team is skilled in helping clients develop a comprehensive transfer pricing policy that is aligned with the guidelines issued by the Organization for Economic Co-operation and Development (OECD) and the Base Erosion and Profit Shifting (BEPS) initiative. We assist in the preparation of transfer pricing studies and provide independent certifications as required by income tax laws. In addition, we assist our clients in meeting the Country-by-Country (CbC) reporting requirements. Our team works closely with clients to ensure that all necessary documentation is systematically maintained in compliance with the relevant regulations.

At PSSK & Associates, we offer both financial and tax due diligence services to help our clients make informed business decisions. Our financial due diligence process involves a comprehensive assessment of a client's financial health, including an examination of historical and current financial performance and the identification of potential risks. Our tax due diligence services help clients understand the applicable tax framework and ensure that all taxes are properly discharged. By providing these services, we aim to help our clients make informed decisions and achieve their financial goals.

Our valuation services are designed to help our clients raise fresh private capital. We use the most appropriate and prescribed valuation methods to ensure that our figures are accurate and reliable. Whether you are planning to raise capital through debt or equity financing, we have the expertise and experience to help you achieve your goals.

Our team is skilled in helping clients fulfil their Reserve Bank of India (RBI) compliance requirements. We offer a range of services to assist with compliance, including ECB compliance fulfilment, yearly compliance fulfilment for liaison offices and branch offices, and more. Our team is dedicated to helping clients meet the rigorous standards set by the RBI and ensure compliance with all relevant regulations.