1. Erudite financial service Pvt.Ltd
NAME – RAKESH SINGH
COURSE – MBA FINANCE
DIVISION – A
ROLL NO. – 21MBAFIN061
2. Project Topic
Objective of and Study Plan for the Project- brief report on the work to be done.
Accounting for various client.
Analysing the account for various client.
Analysing the overall financial of the client.
Analysing the trend in ratio.
Ratio.
Gross profit ratio.
Net profit Ratio.
Analysing the Trend in sales.
Analysing the Trade in purchases to sales .
Analysing the Trend in purchase to sales.
Accounting and book keeping
Ratio
3. • Erudite Financial Services Private Limited is a Private incorporated on 15 December 2011. It is classified as Non-Govnment
company and is registered at Registrar of Companies, Delhi. Erudite Financial Services Private Limited's Annual General
Meeting (AGM) was last held on 30 November 2021 and as per records from Ministry of Corporate Affairs (MCA), its
balance sheet was last filed on 31 March 2021.
• Erudite is a global service provider into international accounting and taxation. Its knowledge and expertise over
accounting practices across continents help it to serve its client , which include multinational companies , CPA, CA firm
in UK ,Canada and india and various other small and medium enterprises. Aggressive use of technology, documented
operational procedures and continuous focus on learning and training has equipped Erudite to undertake challenging
assignments and deliver them on time to the satisfaction of its client. The promoters of erudite financial service are
having the rich exposure in managing accounting and taxation related outstanding service under one roof which
makes it one complete stop shop for accounting , finance and taxation outsourcing. Its mission is to utlize its expertise in
composite product to provide the absolute best value as measured quality , cost, delivery, and innovation . Erudite is
firmly and sincerely committed to providing value package online service of uncompromising quality to business and
individual .
Theoretical background
4. Research methodology
The method mainly applied by Erudite is reverse methodology i.e. it focuses on reducing the cost of the client
rather than increasing its revenue. This way it creates a disruption in the market and the existing client’s acts as
direct selling agents of Erudite. Erudite focuses on word mouth approach for advertising its skills. Erudite has
not increased its per hour rate since last 5 years and this has led to 100% client retention.
5.
6. observation
It is a knowledge based on work to qualified subject matter expert
Company utilize when they are looking for specialized knowledge and expertise and when they have a shortage
of skilled professionals and staff
Identify company look for simultaneously obtain a highly skilled workforce at a lower cost. KPO contact
knowledge based work to qualified subject matter expert company utilize. When they are looking for
specialized knowledge and expertise
Some famous company provides companies provide such KPO services in India are WIPRO, TCS, WNS, GLOBAL,
ADITYA BIRLA MINALS, etc still this sector continues to growth very fast. but recent year India is facing huge
competition from country .
7. Suggestion
after examining the ratio and the overall state of the company. I'd like to
provide the following suggestions.
Operating costs are extremely expensive. such as packaging, power and fuel,
research and development in raw materials, etc. The corporation can never
manage the amount of raw materials consumed in this cost.
Due to the fact that sales are increasing and more businesses are able to
incur such costs, the company should concentrate more on improving its
service. Therefore, it is vital to increase service sales.
High qualified individuals are more essential for every firm to have in order
to thrive in the market when cutthroat rivalry is present in every developed
or developing country. Due to a lack of funding and the inability of other
qualified Facilities personnel
8.
9. Key learning
Calculating the and analyze below financial ratio
• Net profit ratio
• Gross profit ratio
• Creditor turnover ratio
• Debtor turnover tatio
• Maintain service charge
• Cash flow statement.
Accounting and bookkeeping
• Payroll accounting.
• General accounting.
• Ledger.
• Nominal account.
• Accounts payable.