Gagan A Chhabria

A team of young, passionate & energetic professionals rendering quality professional services that include financial advisory, audit & assurance, accounting & outsourcing, regulatory services, taxation & valuation.

Statutory Audit & Tax audit

• Led and managed statutory audits, tax audits including TP filing & tax filings of clients providing IT & consulting services, healthcare services, servicing and installation of air conditioners, manufacturing of packing material, steel forgings & Retail pharmacy
• Review and closure of statutory audits and tax filing
• IFC audit & limited review (Ind AS) of a component of a Listed Entity, providing Payroll software solutions

Internal Audit

• Led and managed the internal audit of a prestigious sports association in Karnataka and a recreational club

Other assignments

• Performed limited financial & taxation due diligence of an IT company
• Preparation of Certificates - Tender eligibility on technical grounds, Debtors Balance
• Preparation of consolidated financial statements for a foreign parent entity.

Conducted and finalized statutory audit and tax computation of two entities providing IT services & consulting.

• Provided consultancy for establishing an education services entity, PT registration, consultation and applying for a trademark
• Audit of an LLP providing hospitality services, ITR filing and ROC filing.

Established in 1994 offering its clients a full range of services of all kinds of audits, consulting in direct and indirect taxes apart from Company law, secretarial & other regulatory compliances. The firm was founded by CA V Raghuraman, CA KK Chythanya and CA V Easwar

Statutory audits

• Experienced in conducting and finalization of statutory audits and limited reviews, along with providing comprehensive support for tax audits of clients operating in industries like manufacturing of machines, cables, precision tools; logistics, warehousing & clearing house related services, medical transcription services, development and sale of accounting software, real estate (SME Listed), liaison office of a foreign entity and employee gratuity fund trusts.
• Preparation of financial statements for reporting to the parent company under US GAAP
• Experienced in statutory audit of Banks - scheduled public sector bank branch
• Experienced in statutory audit of an Insurance company - Regional Office

Internal Audits

• Led and conducted internal audits of clients operating in industries like Retail Jewelry with 14 branches across Karnataka, manufacturing of Automotive parts & key systems, diamond jewelry, pumps & hydraulic cylinders; sales & marketing analytics and business consulting services, IT enabled services, advertising & Internet technology services and place of worship.
• Skilled in process flow documentation, testing internal controls, cash flow & cost analysis, performing walkthrough of various areas under the scope, statutory compliance checks, payroll verification, HR audits, physical stock verification, valuation, variance reporting.
• Conducted surprise audits & investigation of suspected employee fraud, designed and prepared a customized performance scorecard in the retail jewelry client.
• Conducted software reviews on the implementation of new accounting software and data migration.

Other Assignments

• Assisted in revenue assurance assignment of a Listed Global Technology company.
• Physical verification of PPE including review of in-house developed AMS and reporting to top management, with a volume of ~26,000 assets across various cities of a Listed Global Technology company.
• Preparation of invoice level MIS report with regard to GST Input availed against Air Travel expense invoices of a Listed Global Technology company.
• Assisted in the pre-audit function of a property & facility management services company.
• Conducted year-end stock verification of entities dealing in cosmetics, building materials, diamond jewelry, motor pumps & woodworking machinery.