Accounting & Audit

1. Accounting

In today’s globalized and technology-driven environment, the process of doing business has been redefined. Outsourcing various processes makes a lot of business sense. Many businesses, including large companies, are outsourcing their accounting processes to better manage their finances, time, and resources.

Advantages for Our Clients:

  • Informed and better managerial decision-making
  • Collection, summarization, and accurate analysis of financial data
  • Identifying potential risks in advance
  • Correct interpretation of the company’s financial position
  • Time savings
  • Optimization of business resources and processes

2. Financial Statements

At MKTS, we provide comprehensive financial statement services that help businesses maintain transparency, comply with regulatory requirements, and make informed decisions. Our team of experts works closely with you to prepare accurate, detailed, and reliable financial statements that reflect the true financial health of your business.

Key Financial Statements We Prepare:

  • Balance Sheet: A snapshot of your company’s financial position, showing assets, liabilities, and equity at a specific point in time.
  • Income Statement (Profit & Loss Statement): A report of your company’s revenues, expenses, and profits over a given period, helping assess operational performance.
  • Cash Flow Statement: A summary of the cash inflows and outflows within your business, providing insight into liquidity and cash management.
  • Statement of Changes in Equity: An overview of changes in the company’s equity, including issued shares, retained earnings, and other equity-related changes over a period.

Why Choose Us for Your Financial Statements?

  • Accuracy & Compliance: We ensure that your financial statements are prepared in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS), depending on your needs.
  • Transparency: Our statements provide a clear and concise picture of your financial position, making it easier for stakeholders to understand your business performance.
  • Timely Reporting: We deliver financial statements on time, ensuring that you meet all deadlines and reporting requirements.
  • Business Insights: Beyond preparing reports, we help interpret the data, providing actionable insights that help drive better business decisions.

Our Financial Statement Services Include:

  • Preparation and review of financial statements
  • Regular or annual financial reporting
  • Auditing support for third-party verification
  • Tax compliance and reporting assistance
  • Budgeting, forecasting, and financial planning

Partner with us to ensure your financial statements are accurate, compliant, and insightful. Let us help you stay ahead in today’s fast-paced business world.

3. Audit Support

If you own a business, the annual audit can sometimes feel like a time-consuming and expensive process that only benefits statutory authorities. We ensure that all your reporting requirements are met as efficiently as possible—keeping banks, creditors, finance providers, and even the Inland Revenue happy.

But more than that, we aim to offer you valuable business advice that can help you run your company more efficiently and cost-effectively. We also provide expert corporate tax planning advice to ensure you’re as tax-efficient as possible.

Audit Services

At MKTS, we can evaluate your performance against industry standards, and even compare it to that of your direct competitors. We’ll review your accounts department and the control measures you currently have in place, recommending improvements where necessary. We might find that your competitors are receiving payments more quickly, that your stock levels are higher than industry norms, or that your company is taking longer than average to complete orders. There may also be opportunities to improve cash flow through careful tax planning.

What sets our audit services apart is the quality of our team. We only recruit the best professionals, and they’re committed to understanding your business inside and out. We train our staff to anticipate client needs, communicate clearly, and take ownership of their work. Additionally, by leveraging the expertise of our senior partners across all disciplines, we take every opportunity to help your business grow.

At Neeraj Bhagat & Co., there’s no such thing as “just another audit client.” You are a growing enterprise, and your growth is the focus of our business. So don’t fear your audit—use it as an opportunity for improvement.

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Our Audit Services Include:

  • Internal Audit Services / Concurrent Audit Services
  • Management Audit Services
  • Operations and Efficiency Audit Services
  • Special Investigative Audit Services
  • Due Diligence Review
  • Costing and Accounting System Design and Review
  • Compilation of Final Accounts as per US GAAP Accounting Standards
  • Internal Audits