Kumar & Biju Associates LLP have been rendering Financial / Accounting support both on a fixed time basis and on annual round the year basis for audit of various Government Organizations, Autonomous Bodies, Corporates and Private Enterprises.
On an ongoing basis the services of the Firm continues systematically both in the Public and Private Sector assisted by more than 225 staff who are engaged based on their knowledge and proficiency to the job assigned.
The Firm has assisted a number of Business units during their nascent / start up stages and as a rudimentary requirement to chart the course of these emerging Units, the Firm has prepared many Project Reports for both Government undertakings and private establishments.
To prompt a few, the various kinds of reports prepared for Government and Non- Governmental undertakings are as below:
• Preparation of Techno-Economic feasibility reports.
• Market surveys.
• Statistical Analysis of data.
• Identification and supervision for the procurement of Capital Goods.
• Design and implementation of Accounting system.
• Preparation of Accounting Manuals.
• Preparation of Office / Purchase / Procedures / Systems Manuals.
• Preparation of Budgets and other Projected Financial statements.
• Helping in administrative as well as secretarial work.
• Advice on sound financial control and administration.
The firm has also assisted some of the units in restructuring/re-engineering by preparing and implementing Revival proposals (mostly for sick units)
All corporate entities incorporated in India and specified non-corporate entities are required to be audited under various statutes. We are, as Auditors under these statutes for numerous entities ranging from large, medium and small corporate, banks and non- corporate entities. Our audit services cover:
Statutory Audits, Concurrent Audits, Internal Audits, Systems Audits, E-Management Audits, Proprietary Audits, Stock Audit, Securities Audits, Tax Audits, and Bank Audits.
• Income Tax
• Sales Tax
• Service Tax
• Excise Duty
• Goods and Services Tax
Other services:
Formation of NGO / Association / Trust / Society and continuous support w.r.t section 12 AA, 80G under IT Act and FCRA, FEMA Procedures.
The Firm has in depth knowledge in the following sectors in all domains, namely – Formation, Taxation, Audits, Advisory services, Term loans and Working Capital loans from Financial Institutions.
In addition, the Firm has provided Promotional Assistance / Project Consultancy / Management Consultancy, Audits and Taxation Advisory services in sectors namely:
• Education
• Information Technology
• Engineering
• Aviation / Travel
• Telecommunication
• Nationalised and Scheduled Banks
• Finance / Non-Banking
• Manufacturing & Trading
• Health Sector
• Hotel & Tourism
• Real Estate / Plantation
• Construction
• Advertising
• Entertainment & Media
• Celebrity Management
The Firm and it’s Partners were consultants to the World Bank assisted Kerala Urban Development Programme and also for the audit of the Asian Development Bank assisted Cochin Urban Poverty Reduction Project (CUPRP), in the pilot as well as the main phase.
The Firm and it’s Partners were also part of the technical team that assisted the Kerala Government to set up the Horticultural Development Programme funded by the European Economic Community (EEC).