Our Services

Our Services

Assurance

Off late, laws and regulations are undergoing changes rapidly. It is predominant to identify the cause and effect of such reforms time to time to cater for any unforeseen repercussions. We at VCA, delineate every change to enable stakeholders make key decisions that are strategic for enterprise growth. We provide the following services:

Every entity is required to legally get its accounts examined and audited periodically. We provide for statutory audits under both IGAAP & USGAAP. Being a team of professionals who have worked in varied industries, cumulating our experiences support us understand entity goals swiftly and provide value. We cater for;

Review of financial statement & attestation function.
Perform agreed upon procedures.
Assist in compliances with applicable GAAP.

Each day, numbers soar. The constant rise & fall in accounting figures are directly aligned to changing accounting and statutory standards. VCA helps finance executives understand the core of these reforms and curb any losses. We help the entity:

Standardize charts of accounts
Draft an accounting manual to set clear accounting principles.
Design accounting procedures as per statutory guidelines.
Preparation of consolidated or group accounts.
Assist in selection of appropriate accounting policies for the group.

With entities going global & changing regulatory framework, the face of accounting is undergoing a major shift. The team at VCA provides valuable insights as to attain the shift from one accounting policy to another smoothly by:

Assisting in preparation for first time adoption of Ind AS/IFRS.
Detailing opinions on the application and accountability of Ind AS, IGAAP, US GAAP & IFRS.
Assisting in conversion and documentation under varying GAAP.
Assisting in relevant disclosures on the adoption of new accounting policies & framework.
OUR SERVICES

Taxation

In the recent times, tax laws have undergone phenomenal changes unlike before. The pandemic has posed some serious challenges for the revenue department to tweak and amend the laws. The frequency of updates, have grown by two-fold bringing the need for continuous tax learning & consultancy. At VCA, we understand the entity’s business and its tax compliances to support it with suitable tax structure, maximizing benefits with efforts to reduce tax incidence. Be it the direct, indirect or cross-border taxation, we follow 5-step process to ease the tax compliance procedure that is sophisticated and suitable.

Understand the business and it’s environment
Chart out applicability of tax laws
Focus on applicability of special provisions & benefits rolled out by the government
Design a compliance calendar
Guide & assist in tax filing & litigation processes.

Our Services

Risk Advisory

With globalization of trade, business processes have undergone phenomenal shiftsin their complexity & purpose. Unlike past, present is prone to rapid change thereby paving way for risks. At VCA, our professionals are extensively experienced in carrying out risk-based audits. VCA strives to program audits that add value and improve an entity’s operations to help them accomplish their goals. We follow a disciplined and systematic approach to evaluate and improve the effectiveness of:

Risk Management
Control And
Governance processes

We use the globally accepted COSO framework in our approach towards risk-based reviews. We offer the following services:

An entity’s ethical environment is governed by the management personnel deployed at the core of its functioning. We at VCA, help entities identify the competencies of its management by assessing methods and policies determined and enacted by the management, their suitability and efficient use of resources. Notable services to look up to:

Project reporting & review
Fund utilization assessment

In the current scenario, evolution is the only constant. It is important for organizations to examine, evaluate & upgrade their control policies & procedures regularly if they want to sustain the competition. Our team of experts at VCA, cater for designing & framing controls over working financial statements backed with insights into functionality of varying aspects as per the underlying requirements of The Companies Act, 2013 & Internal Financial Control Reporting (IFCR) regulations. We follow a 5-step model as under:

Documentation
IFC Review
Design
Testing
Remediation planning & Review.

Well-being & reputation of an entity is driven by various factors. Few factors to look for:

Timely compliances with regulations
Human Resource management
Environment friendly policies
Grievance redressal mechanism
Efficiency & Effectiveness of controls (Both Financial & Operational

At VCA, we endeavor to provide a comprehensive review of an entity’s wellness in line with applicable regulations with aid of a disciplined & systematic approach. The approach includes:

Review of applicable compliances to be adhered to
Identify & review memorandum documents
Adopting best practice of Corporate Governance
Review the board minutes to map governance related aspects addressed and their suitability.

Every entity functioning was once an idea, a vision that was worked upon tirelessly to turn into a reality by leveraging upon opportunities in the open market. Through the journey from seed funding to maturity, not all opportunities turn out worthy. Thus, entities are prone to risks, falling prey to impact of poor analysis, failure and incorrect decisions. A strategic ERM aids an organization increase its risk taking capacity & cash on the right opportunities. At VCA, we strategize ERM policies that:

Mitigate Risks
Manage inherent risks proactively
Help meet critical business goals.

Globally there are about 1.35 million tech startups and as of 2021 Internet adoption rate is positioned at 59%. It’s fascinating to know that the factor behind this pioneering technological advancement is to reach new customers. As assured we are of boundless growth, IT risks & scams are inevitable. It is important that IT risks & security are mapped periodically under professional supervision. We at VCA, hold the professional qualification to support management patch a sound & foolproof IT security protocol. We create value by customizing services that are best suited for entity’s IT infrastructure & objectives. We provide for:

Policy management
Review of General IT Controls
Evaluation, definition & implementation of risk, governance & regulatory compliance initiatives.
Implementation of Governance, Risk & Control (GRC) framework.
OUR SERVICES

Business Advisory

Over time businesses have strived to venture into various fields, expanding on creative thinking and sustainable living. Centering customer needs & satisfaction, organizations mould their services to leverage upon market synergies in quest for constant growth. At VCA, we tailor innovative, comprehensive & profound solutions partnered with industry & function specific goals to deliver advisory services that help organizations tackle challenges obstructing their growth. As of now, we cater for:

Transaction Advisory
Due Diligence
Project Financing

OUR SERVICES

Extended Support Services

CFO Services

Bootstrapping a startup

Consultancy in corporate law compliances

Standardizing Operating Procedures

Financial Forecasting & Projections

Book Keeping & Payroll Management