Our Deliverables

We provide flawless professional services through our team of adept and motivated personnel, who are dedicated to achieving and exceeding client expectations. We maintain a high standard of professional ethics and ensure regulatory compliance.

IFRS & US GAAP:

  • International Financial Reporting Standards (IFRS) are intended as a shared universal language for business matters. They are the rules to be followed by accountants to maintain books of accounts which are comprehensive, comparable, reliable, and relevant across international frontiers depending on the intended users. DSA provides clients with a comprehensive set of advisory and assistance in conversion/ reconciliation of financials from Indian GAAP to IFRS or US GAAP. DSA also provides comprehensive training to the client's workforce to help implement the transition to IFRS/ US GAAP smoothly.

Valuations:

  • Valuation of the businesses is becoming more vital in today's market scenario as the need for transparency has increased over the past few years. DSA helps clients with crucial decision making by providing robust valuations of the businesses.
  • DSA has expertise in undertaking business valuation for mergers, demergers, issue of equity shares to foreign investors, sale of business etc. This expertise stems from our senior partner Dr. Shashank N Desai. He acquired this domain expertise in valuation during his doctorate work on "Business Strategy on Maximizing Shareholders' Value with Special Emphasis on Financial Strategies". As a part of his doctorate thesis, he analyzed the financial strategies in conjunction with business strategies of more than 40 BSE Listed FMCG Companies over a period of 10 years.

    DSA has utilized his expertise in over 100 assignments covering:
    • Valuation of Equity Shares for Foreign Direct Investment
    • Valuation of Equity Shares for Merger and Amalgamation under the Companies Act 2013
    • Valuation of Business Enterprises for sale of Unit
    • Valuation of Intangibles like Goodwill etc.
    • Valuation for purposes of Private Equity Investments and Investments by Venture
      • Capitalists

Cash Monitoring:

  • DSA has been entrusted by the Private Sector and Public Sector Banks to monitor the end use of funds by their borrowers. This ensures that the available funds are judiciously deployed and used optimally. Also, this gives confidence to the lenders that the funds are not misused by the borrowers.

Insolvency Resolution under Insolvency and Bankruptcy Code 2016:

  • Our Senior Partner, CA Alok K. Saksena is an Insolvency Professional registered with Insolvency and Bankruptcy Board of India and Indian Institute of Insolvency Professionals of ICAI. He possesses a vast experience in insolvency resolution processes and restructuring of businesses. DSA helps the clients experiencing the corporate insolvency resolution process by presenting the insolvency resolution solutions and maximizing recoveries when insolvency becomes inevitable

Audit and Assurance:

  • We, at DSA, provide audit and assurance related services to complement our financial advisory services. We give prominence to the independence of the audit and assurance related services we provide, as required by the law. Audit and assurance are not restricted only to the financial statements, it goes beyond. We help the clients to meet the statutory, regulatory as well as the complex market requirements by providing valuable suggestions and recommendations throughout the year.
  • We provide audit and assurance services for medium to large listed as well as unlisted companies, proprietary and family businesses and not-for-profit organizations spread across the sectors.
    • We provide the following Audit and Assurance Services:
    • Statutory Audits
    • Internal Audits
    • Concurrent Audits
    • Bank Audits
    • Stock and Receivable Audits
    • Pre – Audit of Expenses
    • CAG Audits
    • Special Audits
    • Advise on Regulatory Reporting Requirements
    • Financial Advisory Services
    • Compliances and Reporting

Risk Based Audits:

  • Risk based Audit is a method which focuses on the fundamental risk involved in the activities or systems and provides assurance that risk is being managed by the management within the defined risk appetite level. It is the risk management agenda of the management. Risk - based Audits seek at every stage to boost the responsibility of management for managing the risk. Risk Appetite is the amount of risk that an entity, on a broad level, is willing to accept within its overall capacity. It provides the tolerance level of acceptable risk. Determining the risk appetite is a endless process that cannot be set once and left.
  • We, at DSA, undertakes Risk - based Audits on behalf of our clients to determine the risk involved in the activities carried out or the systems in place and assure that the amount of risk is within the tolerance level which an entity can accept.

Forensic Audits:

  • Forensic audit is the critical evaluation of an entity's state of affairs to determine existence of fraud, manipulation, embezzlement, etc. It is a process of reviewing a person's or company's financial statements to determine if they are accurate and in compliance of laws including the accounting standards.
  • At DSA, we render comprehensive forensic audit services mainly to the Consortium of Lenders proposing restructuring of a Company which is suspected of fraud and other wrong-doings resulting into the Company's account becoming NPA. Having conducted the forensic audits of some of the well-known companies of our country from diverse industries has given us a leading edge in conducting the forensic audit effectively, efficiently and in a time bound manner.

Due Diligence:

  • Financial Due Diligence
    The objective of financial due diligence is to provide a prospective investor with the insight of the operations of the target company, be it for the purpose of investment or for acquisition. Financial due diligence emphasizes on the risks in the company and / or the transaction. An acquirer or a prospective investor could then mitigate these risks either through legal clauses or earn out mechanisms.
  • We, at DSA, help the prospective investors in making informed decisions based on the risks involved in the target company.

Taxation:

  • Direct Tax
    Direct Tax is imposed upon an Individual's, Partnership Firms, LLP's, Co-operative Societies, Trusts and Corporate's. Direct Taxes are levied by the Central Government
    Corporates:
    Corporate tax or company tax refers to a tax imposed on entities that are taxed at the entity level in a particular jurisdiction. Such taxes may include income or other taxes. The tax systems of most countries impose an income tax at the entity level on certain type(s) of entities (company or corporation). The tax generally is imposed on net taxable income. Net taxable income for corporate tax is generally financial statement income. The rate of tax varies by jurisdiction. The tax may have an alternative base, such as assets, payroll or income computed in an alternative manner.

  • Other than Corporates: DSA assists individuals, partnership firms, trusts & co-operative societies needing a wide range of tax services including tax compliance, tax planning and tax advice relating to their business interests, investments and other financial-related assets.
  • Direct Tax
    • DSA Offers:
    • Application of PAN, TAN.
    • Filing of Income Tax Returns & TDS Returns.
    • Attending Income Tax Scrutiny's.
    • Taxation Compliances
    • Advisory on taxation
    • Taxation Litigation
  • Indirect Tax
      • Goods and Service Tax DSA, with their expert team & experience in the field of indirect taxation provides specialized services in GST:
    • Handholding Service:
    • In House Training for the Staff
    • Compliance with GST Law
      • Brief Communication of GST provision as applicable to the business
      • Updation on relevant Notification, Amendment and Circulars as and when notified by the Government.
    • Analysis of Data for relevant Returns
    • Filing of Return as per the due dates notified
    • Advice, as and when called upon to, on various issues involving Interpretation of applicable law (by way of oral advice or email reply)
    • Audit & Systems Review: Consistent review of the Information prepared and submitted with the department along with guidance on time to time basis
    • Certifications: Preparation and Certification as applicable to the Organization.
    • Specialized Tranche of Services
      • Advance Ruling for transactions/matters which lacks clarity or difficult to interpret under the normal provision of the law
      • Litigation: Representing the client in front of the officer as and when called upon

Transfer Pricing:

  • A large share of world's trade consists of transfer of goods, services and intangibles within multinational enterprises. To determine the tax liability in each jurisdiction, the right arm's length principle has to be applied. Besides drawing the attention of revenue authorities worldwide, transfer pricing is one of the most challenging tax issues and a key influence on a company's worldwide tax burden.
  • DSA offer comprehensive transfer pricing advisory services to assist clients in documentation preparation and compliance. We also provide services to derive various alternative business structures from a transfer pricing planning perspective to optimize the allocation of revenues between group entities.

International Taxation:

  • DSA assist clients in addressing complex cross-border tax challenges with respect to holding company structuring, offshore business structuring and use of treaty benefits, to implement effective global tax competitiveness. DSA advise clients on the critical issues of tax withholding while paying to foreigners and NRIs. Our team is specialized in the process of identifying the appropriate tax applicable to each payment from India.
  • In addition, DSA teams with independent specialists, law firms, transfer pricing specialists and other service providers across the globe to render seamless client service.