Our Services

Audit & Assurance:

In the present regulatory environment, entities are required to comply with the provisions of the Companies Act, 2013 and applicable accounting standards, including Indian Accounting Standards / Indian GAAP, along with regulatory oversight by authorities such as the National Financial Reporting Authority. Statutory audits are required to be conducted at prescribed intervals in accordance with applicable laws and standards.

RMC provides audit and assurance services in accordance with the Standards on Auditing and other relevant pronouncements issued by the Institute of Chartered Accountants of India. The firm conducts audits based on an understanding of the entity’s business operations and internal control systems. Services include statutory audits, tax audits, review and certification of financial statements, attestation engagements, agreed-upon procedures, and assistance in compliance with applicable accounting and regulatory requirements.

Taxation Advisory:

The Indian taxation framework is subject to periodic amendments under the Income-tax Act and the Central Goods and Services Tax Act, along with related rules, notifications, circulars, and judicial pronouncements. Increased digital reporting and assessments by tax authorities require timely compliance and proper documentation.

RMC provides taxation advisory and compliance services based on an understanding of the client’s business activities and applicable statutory provisions. Services include assistance in tax planning within the framework of prevailing laws, preparation and filing of returns, support in assessments and representations, review of compliance procedures, and advisory on matters relating to direct and indirect taxes. The firm also assists in maintaining appropriate documentation and reporting in accordance with applicable regulatory requirements.

Risk Advisory:

In the current business environment, organizations operate within evolving regulatory frameworks, technology-driven processes, and changing compliance requirements. These developments necessitate structured risk assessment and internal control review mechanisms.

RMC provides services in the area of risk advisory and internal audit, including risk-based internal audits conducted in accordance with applicable professional standards and guidance. The scope of services includes evaluation of risk management processes, review of internal control systems, assessment of compliance procedures, and examination of governance practices. The firm assists management in identifying areas requiring attention and in strengthening internal control and risk management frameworks in accordance with applicable regulatory and operational requirements.

Financial Accounting Advisory:

Entities are required to prepare and present financial statements in accordance with the provisions of the Companies Act, 2013 and applicable accounting standards, including Indian Accounting Standards, as notified from time to time. Business structures involving multiple entities, group operations, and cross-border transactions may require consistent accounting policies, structured documentation, and appropriate consolidation procedures.

RMC provides financial accounting advisory services to assist entities in aligning their accounting and reporting practices with applicable statutory and regulatory requirements. The scope of services includes standardization of charts of accounts, preparation of accounting manuals, design and review of accounting procedures, assistance in preparation of consolidated and group financial statements, and advisory on selection and application of accounting policies in accordance with relevant standards and laws.

Financial Forecasting & Projections:

Entities seeking financial assistance from banks, financial institutions, or investors are generally required to submit financial projections and supporting project documentation. Such documentation may be prepared with reference to applicable statutory provisions, including the Companies Act, 2013, and relevant regulatory guidelines issued by authorities such as the Reserve Bank of India, where applicable.

RMC provides assistance in financial forecasting, preparation of projected financial statements, and development of project reports for financing purposes. The scope of services includes preparation of CMA data, cash flow statements, projected profitability statements, sensitivity analysis, and documentation outlining funding requirements and related assumptions. These services are provided based on information and representations made available by the client and in accordance with applicable professional standards and regulatory requirements.

Bank Branch and Concurrent Audit:

Bank Branch and Concurrent Audit: Banking operations in India are regulated in accordance with guidelines and circulars issued by the Reserve Bank of India and other applicable regulatory frameworks. Branches and lending activities are subject to periodic audit and review in accordance with regulatory and supervisory requirements.

RMC undertakes assignments relating to Bank Branch Audits, Concurrent Audits, Credit Audits, Credit Risk Assessment Audits, Revenue Audits, Stock Audits, and other assignments as may be entrusted by banks and financial institutions. Such audits are conducted in accordance with applicable regulatory guidelines and professional standards, and include examination of transactions, review of compliance with prudential norms, and evaluation of internal control procedures as required under the scope of engagement.