FBP Consultants. Your partner to. Partner in your Growth. Finance & Accounts Taxation Corporate Law & Secretarial Business Support & Outsourcing

Size: px
Start display at page:

Download "FBP Consultants. Your partner to. Partner in your Growth. Finance & Accounts Taxation Corporate Law & Secretarial Business Support & Outsourcing"

Transcription

1 FBP Consultants Partner in your Growth Your partner to Finance & Accounts Taxation Corporate Law & Secretarial Business Support & Outsourcing

2 FBP Consultants Partner in your Growth About Us Objective Why FBP Consultants Solutions and Services Overall Process Cycle Finance & Accounts Taxation Corporate Law & Secretarial Business Support Outsourcing Risk Mitigation Contact Us

3 About Us FBP Consultants is a young and vibrant company, intent on creating a single window for the entire array of Accounting & Financial Services, Corporate Law and Secretarial, Taxation Advisory, and your one-stop shop for Business Support & Outsourcing of skilled resources. We are a congregation of people comprising diverse mindsets, each relishing a special area of finance, business administration and/or business consulting with respect to tax strategy, planning and compliance, statutory as well as management audits. We assist in identifying tax exposures and suggest planning avenues keeping in view various regulatory and strategic requirements. FBP Consultants was established in 2016 and we are located in Bengaluru. We as a team understand the dynamics of business and professionalism. We are able to fulfil the needs of our esteemed clients. FBP Consultants is formed by a team of highly experienced, enthusiastic and well qualified set of professionals having expert knowledge in various facets of business governance. We have helped many clients and entrepreneurs set up new business and provide correct and informed professional consultation to start new business. FBP Consultants foundation based on the following principals:- -Understanding the needs of the clients. -Performing tasks by Professionals. -Ensuring timely and Quality Delivarables. -Performance apparels.

4 Objective To bridge the need of businesses which are growing and are facing a competitive disadvantage from their respective market leaders. Four-fold Objective of FBP Consultants We are committed to improving our customers' profitability and growth. We use our experience and expertise to help our clients for their betterment and making them assured that every venture is a success.

5 Why FBP Consultants? Professionalism Focused experience and expertise in finance and accounting. Responsiveness Our professional team is responsive. Dedication to continuous improvement. Quality We at FBP Consultants strive with an everincreasing desire to fulfill the needs of its clients where quality counts. For us at FBP Consultants, quality is synonyms with aiming to embody the highest standards of professional excellence in everything we aspire to do. We believe in placing our client s needs squarely in front at all times, understanding the complexities of their business environment and developing solutions in accordance thereof.

6 Solutions & Services FBP Consultants Finance & Account Services FBP Consultants Business Support & Outsourcing Taxation Corporate Law & Secretarial Onsite Finance & Accounts Corporate Direct Indirect Withholding Book Keeping Accounting Services Incorporation/Startups ROC Compliance Internal Audit Tax planning Law Compliance Secretarial Support Statutory Compliances Finance Practice FBP Consultants delivers Qualified resources to work at client locations. Resources will be on FBP Consultants payroll KPO Practice Permanent Placement FBP Consultants works closely with clients to find the qualified resources they need. Resources will be on client s payroll

7 Finance & Accounts FBP Consultants is providing diverse professional services and is involved in Multidisciplinary practice. The services have been developed with an integrated approachtaking legal and regulatory requirements, best corporate practices and business needs into consideration. We maintain Book keeping by recording financial data and events relating to business operation in a significant manner. Book Keeping Accounts Collecting the data from client on time Classifying it to correct head Recording of Transaction to the appropriate account Recording sales customer wise Recording Purchase vendor wise Maintaining and recording of customer receipt Maintaining and managing of Payable process Debtors Ageing Vendor Ageing Debtors and Vendor Reconciliation General Leger maintenance and proper analysis on subsidiary books Month End and Year End closing entries like depreciation and other entries Preparation of financial Having Proper review on financial and providing month on month and yearly movement schedules of FA,P&L and Balance Sheet Item Payroll Data Reconciliation with Books of Accounts Variance Analysis Providing and analyzing of policy documents for various accounting activities Assisting on all other accounting activities and ensuring data integrity Financial Services Bank Reconciliation: Daily, Weekly, Monthly, Half Yearly and Yearly Bank Reconciliation Working Capital: Permanent Working Capital, Temporary/fluctuating working Capital and Gross& Net Working Capital based on the business size and money strength Arranging for long term and short term loan Cash Flow Fund management Investment planning Buy or leasing Ratios

8 Taxation Services FBP Consultants aims at providing a broad array of high quality services to its clients in a most competent and professional manner. We deal with a broad range of professional issues relating to all types of industries, with special expertise on taxation issues. We ensure our Clients get the real world solutions to complex business. Having proper understanding on the compliance data and registration certificate with department before perusing on the work Calculating of Advance tax, Provision for Tax and 26AS Computing of DTA and DTL Related Party Transaction Advising about the % of TDS should be deducted Preparation of Data for different purpose for income tax as per the guideline laid by the CBDT Preparation TDS Data for Salary, Non Salary and NRI Filing of Return Company Assessment Addressing all kind of income tax litigation and appeal Other services like DSC registration, PAN,15CA and CB etc Having proper understanding on the compliance data and registration certificate with department before perusing on the work GST Registration Set of Process under different circumstance in GST Filing of Return Assessment Addressing all kind of litigation under the act Other services under the act as specified Get in touch with our expert team to know all about GST

9 Corporate Law Secretarial Company incorporation ROC Filing Writing up of MOA and AOM Writing of Ordinary and Special resolution AGM Convening Other ROC related work We realize that time is money and ensure all compliance get our timely attention.

10 Business Support Outsourcing We take several measures to ensure that the resources we find and on-board on your behalf meet your standards and criterion. These measures include (but are not necessarily limited to) a best-of-breed recruitment process & technology, comprehensive background checks on candidates, and on-going training and talent development. How we ensure our Clients get the best resources We follow an extensive and rigorous recruitment process utilizing established best practices at each stage, from identifying the requirements to actual placement. As indicated below, there is high Client involvement throughout the process. OnSite Under Onsite model, FBP Consultants offers contingent workforce solutions to deliver the qualified people you need, when you need them either to supplement in-house skills for one-off projects or to respond to peak workload demands. Permanent Under Placement model, FBP Consultants works closely with client to find the qualified resources they need. Resources will be on client's payroll. Our bespoke recruitment services are fitted around individual client needs. We ensure service level agreements; contracts, employment methods and pricing structures are tailored for each client.

11 Overall Process Cycle Process Cycle in Six Steps FBP Consultants Process cycle consist of six steps that financial professionals use to consider all aspects of a client s situation when formulating outsourcing strategies and making recommendations. Process needs Understanding Customer s business process and needs for outsourcing Review The client s situation FBP Planning Based on the needs of the customer, process planning and process design to match the customer needs. Monitoring Any changes are implemented & monitored Training Staff is trained at the implementation of the process and also at regular intervals. Implementation Process is implemented and monitored

12 Risk Mitigation Outsourcing Risk Mitigation Strategies by FBP Consultants Outsourcing Risk Governance Operational Business Transition Issue escalation & disputes Process Technology Loss of Opportunity Lack of Performance measures Mitigation Strategy Mitigation Strategy Mitigation Strategy Mitigation Strategy Mitigation Strategy Focus on Five key areas : Controls, Compliance, Quality, Transformation, Governance Document process flow and training requirements Matching of process outcome with customer needs Monitor the process, Measure results, make changes Retain Key personnel, Incentivize employees Update and adhere to changes where needed Select best F&A outsourcing partner Use of proven & quick transition framework Well defined Key Performance Indicator (KPI) s Solid Benchmarking Framework FBP Consultants understands the dynamics of yours business and supports your ability to remain focused on your core business and any new opportunity by providing a quick transition Outsourcing to FBP Consultants, you no longer have to spend large majority of your time buried in daily operations, but can now focus on GROWTH

13 Reach Us FBP Consultants ID: Mobile No: