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General Profile Of The Firm


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General Profile Of The Firm

  1. 1. Profile of the Firm Prakash S Shah & Co. Chartered Accountants, Pune
  2. 2. Background of the Firm <ul><li>PSS & Co., erstwhile Mehendale & Shah, was established in the year 1976. </li></ul><ul><li>Based in Pune Region </li></ul><ul><li>Services rendered includes – Start-up Services, Financial & Accounting Advisory Services, Book-keeping and Management Consultancy, Audit and Assurance services, Direct and Indirect Taxation services, Corporate Allied Services (RoC) </li></ul>
  3. 3. Newly Added Services <ul><li>SAP/ERP implementation Services </li></ul><ul><li>Internal Audit </li></ul><ul><li>Transaction Advisory Services </li></ul>
  4. 4. Organizational Set-up <ul><li>PSS & Co has a pool of Professionals which include 2 Partners, 2 Associate Partners, 1 Manager and 12 Staff members </li></ul>
  5. 5. Profile of the Partners <ul><li>Mr. Suresh K Shah – Senior Partner </li></ul><ul><li>In practice since last 34 years and is a senior partner of the firm and also the back-bone of the firm. </li></ul><ul><li>He looks after the firm’s Direct and Indirect Taxation practice. He is the pioneer in setting up the Indirect Taxation practice for the firm and has an in depth knowledge on Indirect Taxes – MVAT, CST & Services Tax. </li></ul><ul><li>He also handles the Transaction Advisory Processes, Audit and Assurance services for Small and medium sized clients of the firm. </li></ul><ul><li>He is mainly in-charge of the start up registration process. </li></ul>
  6. 6. Profile of the Partners <ul><li>Mr. Prakash Shah – Managing Partner </li></ul><ul><li>A qualified information systems auditor, post graduate in commerce and a fellow chartered accountant is in practice since last 6 years and is the managing partner of the firm. </li></ul><ul><li>Looks after the firm’s corporate consultancy, corporate audit and assurance services, start-up accounts and management consultancy services. </li></ul><ul><li>Instrumental in providing updates in the field of Company Law, FEMA Direct and Indirect Taxation for the firm’s clients. </li></ul><ul><li>Instrumental in business advisory services and also transaction processing services </li></ul>
  7. 7. Profile of the KMP <ul><li>Purvi Shah – Manager </li></ul><ul><li>A management post graduate in Finance has experience of 5 years in the field of commerce & finance </li></ul><ul><li>Handles the accounting and book-keeping advisory services of the firm for the start-up companies </li></ul><ul><li>Handles the pay-roll outsourcing assignments of the firms clients. </li></ul><ul><li>Takes care of wealth management services for the HNI Clients of the firm </li></ul>
  8. 8. Profile of the Associates <ul><li>Mr. Moreshwar Kalbhor – Associate Partner – B.Com, ACA </li></ul><ul><li>He has his expertise in the implementation of SAP/ERP systems in medium and large sized organizations. </li></ul><ul><li>He has more than 5 years of experience in Internal Audit, setting up of internal control procedures, processes and systems and looks after the firm’s internal audit assignments </li></ul>
  9. 9. Profile of the Associates <ul><li>Mr. Niranjan Kumar – M. Com, ACA </li></ul><ul><li>He has his expertise in providing transaction advisory services, was working with Ernst & Young earlier, handling the financial due diligence, amalgamations and mergers transactions and accounting and equity research, debt restructuring and equity finance. </li></ul><ul><li>He is now assisting the firm in developing transaction advisory services and also assisting in the audit and assurance services. </li></ul>
  10. 10. Clientele <ul><li>Being mainly based in Pune, the concentration of the firm has been on the IT & ITeS Companies. Recently, a lot of emerging entrepreneurs are establishing their business in and around Pune. So the firm is concentrating in providing these young entrepreneurs the total business solutions which will take care of all their start-up set-up, finance, statutory compliance and legal issues and also developing organizational structures, internal control & process set-up, accounting systems set-up, etc. </li></ul>
  11. 11. Clientele <ul><li>To list a few of the clientele – we have True Sparrow Systems Private Limited – </li></ul><ul><li>Sapna Infotech Solutions Private Limited </li></ul><ul><li>Shoonya Game Technologies Private Limited </li></ul><ul><li>Innova Point Infotech Private Limited </li></ul><ul><li>Pixdesign Printing Private Limited – </li></ul>
  12. 12. Clientele <ul><li>On the manufacturing front we cater to lot of corporate clients – large medium and small </li></ul><ul><li>We provide all audit, compliances, taxation and assurance services to our clients. Also we have performed all pre-IPO procedures for a company for their proposed public listings. This company manufactures Generator sets for telecom companies and also for retail sale. </li></ul><ul><li>Also we have manufacturing companies which are engaged in the manufacturing of pre-engineered buildings, automobile parts and accessories, industrial tools and taps, plastic molding, powder-coating, pumps required for oil & exploration industries, etc. </li></ul>
  13. 13. Clientele <ul><li>Outdoor Caterers, wholesalers, retailers, large trading houses, architects, doctors, interior designers, professional photo labs, media production firms, Production houses for reality TV shows, apparel manufacturers, Dairies, powder coating companies, hotels & restaurants, logistics solutions business, etc. </li></ul>
  14. 14. Pune…Looking Forward <ul><li>Lot of international companies especially OEM’s to automobile industries, ancillaries to automobile industries, consultancy arms, etc. are looking at Pune for their set-up. The major industrial areas coming up near Pune are – Chakan Industrial Area, Talegaon Industrial Area, Hinjewadi IT Park, Ranjangaon Industrial Area, Pirangut Industrial Area (Lot of German Companies are set up in this area) which is near to the Lavassa City,Satara Industrial Area, Kolhapur Industrial Area, Solapur Industrial Area, Ahmednagar Industrial Area, Baramati Industrial Area. (All these areas are in the range of around 100-200 kms range from Pune and can be easily reached byroad or rail. </li></ul>
  15. 15. Pune… Looking Forward <ul><li>What we have studied is for these areas – there are lot of small sized firms there, however some of the companies which have been established there are not happy with their services or say they are not able to provide them the required services and have to fall back to big four firms – located in Pune or Mumbai. </li></ul>
  16. 16. Association with Your Esteemed Organization <ul><li>We at PSS & Co. look forward for a very fruitful association with your esteemed Organisation and are keen to serve you in Pune and surrounded areas. </li></ul><ul><li>We at PSS & Co see a lot of opportunities in Pune with Pune already being know as “Oxford of the East”, and now the “Detroit of the East” with the big names like JCB, POSCO, Volkswagon and GM already having their presence in Pune and Land-rover and Jaguar planning to have their set-up in and around Pune, we see a lot of opportunities in the ancillaries to these companies being dragged to have their set-up in Pune. Big names like Bajaj and Tata’s already have their presence in Pune. Also, at the same time it is an upcoming Information Technology Hub, and also coming up is the State of Art Floriculture and Horticulture Park, Food Technology Park, Tourism Industry and no one can leave behind the Real Estate Development with the presence of Lavassa City & Sahara Aamby Valley City in the town. </li></ul>
  17. 17. Thank You !!!! <ul><li>Prakash Shah </li></ul><ul><li>Partner </li></ul><ul><li>Prakash S Shah & Co </li></ul><ul><li>Chartered Accountants </li></ul><ul><li>1, Suryaphul, 882/B Bhandarkar Road </li></ul><ul><li>Deccan Gymkhana, Pune 411 004 </li></ul><ul><li>Phone: 020-25654433/25662533 </li></ul><ul><li>Email: [email_address] </li></ul>