2. ADMS -Service domain
Accounting
&
Assurance
Outsourcing
Service
Tax
Advisory
Regulatory
&
Compliance
• Indian GAAP
• International Financial
Reporting Standards
(IFRS)
• Due Diligence
• Forensic and
investigation services
• Payroll accounting
(with/without ESS)
• Accounting support
services
• Transaction support
Services
• Background checks
• Business tax services
• Indirect tax services
• Transfer pricing and
certifications
• Company Laws
• RBI/FEMA and FCRA
• Obtaining tax related
regulatory approvals,
licence, clarifications
• Assistance in
preparing and filing of
returns
Jan 16 Page 2 ADMS & CO.
3. Accounting Outsourcing Tax Regulatory
Indian GAAP
► Accounting of financial transactions and providing MIS
► Preparation of financial statements
► Opinion on financial statements under Indian GAAP
► Reviewing in accordance with Indian GAAP
► Executing agreed-upon procedures
► Corporate Governance support
IFRS
► Audit under IFRS
► Conversion of financial statements under IFRS/ US GAAP
► Tax Accounting under US GAAP
► Reconciliation from Indian GAAP to IFRS/ US GAAP
► Opinion on accounting matters relating to IFRS/US GAAP
Due Diligence
► Mergers & Acquisitions
► Individual
► Reputational
► Company/Group
► Inventory/Fixed Assets verification
► Vendor screening & Integrity.
Forensic and
investigation
services
► Fraud & Internal Investigations
► Financial Investigations
► Fraud Risk Mitigation
► Anti-Bribery & Corruption
► Regulatory Investigations
Jan 16 Page 3 ADMS & CO.
4. Accounting Outsourcing Tax Compliance
Payroll
accounting
► Structuring of salary of employees
► Processing employee monthly payroll, issuing pay slips to employees
► Income Tax Computation, filing tds Returns (Form-24Q)
► Monthly Deposit of Provident Fund (PF), ESI, Professional Tax etc.
► Payroll related MIS reports to management
► Assist in interim Payroll audit
End to End
accounting
support
► Raising invoice on customers as per agreed terms
► Process payments as per authorisation matrix and SOPs.
► Ensuring proper internal documentation along with the invoices
► Inventory recording, management and valuation
► Adhering to withholding tax laws and taxes
► Reconciliation with various vendors / customers for the outstanding dues
► Transaction entry into accounting software
► Bank account operations, reconciliation and funds monitoring
► Update fixed assets register with acquisitions/disposals on a regular basis
Background
checks
► Education Check
► Employment History
► Criminal Check
► Address Verification
► Reference Check
► Company legitimacy check
Jan 16 Page 4 ADMS & CO.
5. Accounting Outsourcing Tax Compliance
Business Tax
Services
► Identifying tax exposures and planning
► Documentation, preparation and review of tax returns
► Representation before Indian Statutory, fiscal authorities and competent authorities
proceedings under tax treaties
► Domestic, Inbound and Outbound tax advisory
► Deferred Tax (FAS 109/ AS 22/ IAS 12) reconciliation
► 15CA/CB certifications, Net worth certifications
► Preparing the Tax Provisions
Indirect Tax
Services
► Export-import policy and customs duty
► Service tax compliances, CCR preparation, Reverse charge compliances
► Sales tax / VAT, T-2 filings, C forms etc
► Excise duty, dealer registrations.
Transfer
Pricing
► Transfer Pricing Planning
► Compliance and Documentation
► Integrated tax planning
► Transfer pricing audit services and representation before competent authority
Human Capital
Services
► International assignment management – tax planning and consultancy
► Equity incentives & share plan
► Immigration services
► Global private wealth services
► Tax effective remuneration packages
► Taxation compliances
Jan 16 Page 5 ADMS & CO.
6. Accounting Outsourcing Tax Compliance
Company
Law
► Filing of requisite returns and forms with MCA
► Maintenance of statutory registers under Companies Act, 1956
► Preparing notices and agendas of the meetings, drafting resolutions and minutes
► Drafting agreements with domestic/ foreign entities
► Advisory on Company law matters
► Compounding of offences committed under Companies Act, 1956
► Extension for holding general body meeting after the permissible time frame
► Approvals from Ministry of Corporate Affairs / Registrar of Companies
RBI/ FEMA
► Assistance in preparation and filing of returns/forms/information/documents with RBI
► Assistance in obtaining RBI approval for making payment against restricted current
account transactions
► Assistance in obtaining approval from Foreign Investment Promotion Board
► Advisory services under Foreign Investment Policy, telecom laws, land related laws
► Assistance in obtaining other regulatory approvals, licenses, clarifications /
dispensations
► Obtaining prior approval/Registration to accept foreign contribution as required under
Foreign Contribution (Regulation) Act
► Filling and Filing of annual returns and other compliances on behalf of the Society /
Trust accepting foreign contribution
Jan 16 Page 6 ADMS & CO.
7. Accounting Outsourcing Tax Compliance
Advice on
Legal Structure
► Advising on legal structure (viz. Subsidiary, Joint Venture, Branch, Liaison Office,
Project Office, etc.) for setting up of business in India.
Entity
Formation/
India Entry
services
► Assisting in incorporation of companies/LLP/Section 25 companies/Laision offices;
► Assisting in obtaining approval from RBI for Branch Office, Liaison Office and Project
Office and their registration with Ministry of Corporate Affairs (MCA)
Tax and
Regulatory
Registrations
► Assisting in obtaining Permanent Account Number (PAN), Tax Account
Number (TAN) and TM/Copyright registration.
► Assisting in obtaining Service Tax Registration Number and Tax Identification
Number under Value Added Tax Laws;
► Assisting in obtaining registration under Shop and Establishment Act , Professional
taxes, welfare funds and Provident Fund Scheme.
► Contract Risk Compliance
Regulatory
Aspects
► Advising on regulatory issues related to investment in India and their resolution;
► Advising on the benefits and exemptions under SEZ scheme;
► Assisting in obtaining approvals from Foreign Investment Promotion Board (FIPB)
► Reserve Bank of India, SEZ and other authorities.
► Serbanes-Oxley Compliance
Jan 16 Page 7 ADMS & CO.
9. ADMS, a partnership firm of Chartered Accountants with 6 partners, established in 2008 focused on
providing a comprehensive range of chartered accountant services, accounting, financial and legal
consulting, tax management, auditing and business process out-sourcing services.
Since its inception, knowledge, quality, insightful thinking and strong work ethics, continue to be the core
drivers of the firm.
Our approach and methodology would be focused on your needs and will ensure an efficient execution
with no duplication of effort.
ADMS has team of young, qualified,
enthusiastic professionals having diverse
experience in almost every kind of complex
business ventures who can bring change
management to the company and have the
ability to deliver high quality deliverables.
Achieving Potential — Making a difference
► Our deep linkages with other member firms
help us in offering consistent advice while
serving multi-location clients
► We constantly strengthen our service offerings
in response to our clients changing needs
► We celebrate entrepreneurship around the
world
Jan 16 Page 9 ADMS & CO.
About ADMS- Our credentials to serve you
ADMS partners are on the panel of taxmantra.com, professional for providing consultancy service pan
India.
10. Team brief
Member Key assignments
► Rahul holds first class Bachelor’s degree in Commerce from Delhi University, and qualified as a
Chartered Accountant in 2008 and also qualified Company Secretary in 2008 with AIR 13. He has an
experience of over 6.5 years of working with large multinationals, e-commerce companies and start ups
growth companies.
► Rahul has domain experience in Tavel , IT / ITES, Human Resource, Entertainment, E-commerce and
has handled clients like IndiaMART, Zomato, Ariba India, International Travel House, International
Amusements, IDS Logic, Dabur Pharma, and ITC Limited.
► Shyam holds Bachelor’s degree in Commerce, and qualified as a Chartered Accountant in 2007. He has
an experience of over 7.5 years of working with large multinationals, Indian companies and
entrepreneurial growth companies.
► Shyam has domain experience in Manufacturing, Real estate, Project financing, Hotel industry.
► Nihit holds a Bachelor’s degree in Commerce from, Delhi University , and qualified as a Chartered
Accountant in 2009.
► Nihit has an experience of over 5.5 years in assisting various Indian and multinational companies fraud
investigation and regulatory issues. He has worked across a broad range of industries and advised on
internal control issues fraud related matters several other regulations.
► Gaurav has a Bachelor’s degree in Commerce and he qualified as a Chartered Accountant in 2013.
► He specializes in the areas of Application Controls review System, Internal Control Issues, Risk Control
Matrix assignments.
Rahul Kr Agarwal
Financial and Accounting
advisory and Transaction
Processing Services,
Mobile: +91 9899 488 309
Email: r.agarwal@adms.co.in
Nihit Dalmia
Expert, Assurance & Fraud
Investigation Services,
Mobile: +91 9899533 28878
Email: n.dalmia@adms.co.in
Gaurav Murarka
Expert, Risk Advisory Services and
Process consultant
Mobile: +91 99107 80749
Email: g.muraka@adms.co.in
Shyam Sunder Sah
Assurance, and Compliances
Mobile: +91 98994 88309
Email: s.sah@adms.co.in
Jan 16 Page 10 ADMS & CO.
11. We are committed to communication
Communication is critical…Information must be
timely, accurate and relevant. As you will read,
our investments and commitment will
demonstrate our goal to meet and exceed your
communication expectations. We want to be
sure that we communicate with you openly and
in a timely, proactive manner. This approach
will enable us to provide early warnings and
deliver a no surprises. We would summaries
our detailed work plan, approach and time
schedules, in consultation with your team and
provide an work charter to the Senior
Management, CEO and CFO team.
Client orientation
Listen & respond to management
Recommend actionable solutions
Develop mutual expectations
Open, direct and timely
Maintain independent and unbiased
approach
Candidly communicate our views on
sensitive matters
Provide continuous access to team
executives through a single point of contact
Complete and accurate facts
Top down approach, highest priority
first
Pay attention to detail
Confirm facts with the person directly
responsible and validate our
understanding with executive
management
Understanding your expectations
and meeting the objectives of the
audit committee is critical in our
endeavor to meet and exceed your
expectations
We believe in proactive, real-time communication across
all levels of the organization
Jan 16 Page 11 ADMS & CO.
12. ADMS presence in India
Strong national presence and wide reach.
Our Consultancy services presence is at
- Delhi (NCR)
- Kolkata
- Surat
- Dhanbad
- Bokaro
- Durgapur
6 partners and team of 30 professional
serving clients across India
Our professionals have in depth industry
experience and are trained internal auditors
Offers the flexibility of an experienced local
delivery team, supported by a strong
network of resources
Jan 16 Page 12 ADMS & CO.
Delhi (NCR)
Kolkata
Dhanbad
Surat
Bokaro
Durgapur
