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Insight success The 30 Most Valuable Consulting Companies

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<strong>30</strong><br />

<strong>The</strong> <strong>Most</strong> valuable<br />

onsulting<br />

<strong>Companies</strong><br />

I. P. Pasricha & Co<br />

Financial Retrenchment Done Right<br />

Accounting and Tax has become the most important<br />

domain in the area of finance from the time of<br />

economic reforms of 1991. Ever since<br />

organisations have realized the signifance to maintain<br />

smooth functioning of their finances and keep sufficient<br />

knowledge about the various taxes, accounting methods,<br />

depending upon the nature and the size of their businesses.<br />

From dealing with complex filing rules, declaring<br />

deductions and corporate expenses to the last minute<br />

changes to the tax code and tax software updates, in this era<br />

of rapid innovation of financial technology that is<br />

transforming the way accounting and auditing functions are<br />

performed. <strong>The</strong> evolution and impelentation of Indian<br />

Accounting Standards has increased the complexities of<br />

accounting and taxation in businesses, every business entity<br />

needs an experienced and efficient accounting and tax<br />

consultant.<br />

With the purpose to provide proficient consulting solutions<br />

and effectively handling the ever growings needs of the<br />

business, I.P. Pasricha & Co was founded in 1978 having<br />

Headoffice in New Delhi with branches located at Gurgaon,<br />

Mumbai and Ludhiana.<br />

Established in the year 1978 by CA Inderpal Singh Pasricha<br />

after completeing his education and working for nearly 2<br />

years. He was later joined by CA Maneet Pal Singh<br />

Pasricha in the year 2010 after gaining experience in two of<br />

the big four accounting firms Deloitte and KPMG. Firm<br />

continuously strives for perfect unification of<br />

professionalism. <strong>The</strong> firm endeavours to offer<br />

comprehensive solutions rendered by a team of highly<br />

qualified and experienced professionals. In addition to this,<br />

firm also holds its own proprietary software to keep a track<br />

of it’s employee’s efficiencies in order to ensure maximum<br />

ROI for its clients by accurately measuring results that are<br />

tied to individual efforts.<br />

<strong>The</strong> necessity of hiring tax specialists or finance<br />

professionals should percolate down to the small and midcompanies<br />

and even start-ups which are growing fast. It is<br />

often seen that these companies continue to focus solely on<br />

the business and their customers. Somewhere, in this<br />

process acccounting standards, tax compliances and<br />

documentation take a complete back seat, which sometimes<br />

forces companies to adopt short cuts or face huge tax<br />

demands with significant litigation and consultancy cost.<br />

On the other hand, the companies which don’t ignore<br />

accounting and tax processes from beginning are able to<br />

command more premium and respect in the market. <strong>The</strong><br />

investment in a right tax professional can even help<br />

promoters, senior management and business leaders to stay<br />

focused on growing business and without being pulled into<br />

attending summons by tax authorities or management of tax<br />

assessments and demands.<br />

An Array of Specialised Services<br />

I.P. Pasricha & Co offers clients proficient consulting<br />

services and solutions in the field which includes auditing<br />

& assurance, taxation & advisory, compliance & regulatory<br />

and business & IT advisory.<br />

Taxation & Advisory Services:<br />

I.P. Pasricha & Co dig into the transaction analysis to plan<br />

taxation impact and compliance well in advance so that<br />

viable decisions can be taken by the clients and thereby<br />

they will be able to put their best foot forward. <strong>The</strong> firm<br />

ensures that the client’s focus should not be shifted from<br />

their core business activities.<br />

Auditing and Assurance Services:<br />

I.P. Pasricha & Co provide comprehensive audit and<br />

assurance services designed to deliver real value and<br />

underpin investor confidence with a comprehensive<br />

disciplined approach that yields practical solutions, where<br />

services are focused on creating value - bringing the insight<br />

and foresight across the business, to tackle the future head<br />

on.<br />

Compliance & Regulatory Services:<br />

I.P. Pasricha & Co leverage a thorough understanding of<br />

statutory legislations and policies ensuring a smooth and<br />

fully compliant environment for domestic and international<br />

clients. Firm take burden of companies compliance duties<br />

and perform them with utmost perfection. Firm is a guiding<br />

force for businesses through gestation to maturity and<br />

handles their Accounting, Taxation and Secretarial<br />

Compliances.<br />

Business & IT Advisory Services:<br />

I.P. Pasricha & Co. offers evidence-based business advisory<br />

programs to assist executives on issues of strategy<br />

development as well as day-to-day operations and offering<br />

function-specific expertise in all the major business<br />

functions as well as expertise in enterprise-wide concerns<br />

such as business process management and business process<br />

42<br />

| February 2017 |

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