Assurance

Modern day successful businesses understand the value of transparency and the confidence that thrives thereon. Across the world, there is a paradigm shift to a more robust and effective assurance regime.

 

Todays globalized market-place and access to public markets warrant a strong and independent assurance regime. Bathiya has been actively involved in many independent audit and internal audit engagements. The growth of Indian companies and their proximity to domestic and international capital markets further enhances the need for an Independent Audit and accounting solutions.

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Statutory requirements under various laws and regulations in India require an Independent Audit of the Financial Statements of a business entity. Bathiya is actively engaged in providing assurance services for listed companies, private companies, public companies, limited liability partnerships, bank SBU, trusts, partnerships, etc. Independent Audit Engagements enable users of financial statements to interpret the financial health of the business and also enables interested stakeholders to repose their faith in the business performance. The expectations of varied stakeholders requires a robust process-driven and technology-enabled independent audit function that truly justifies its purpose. Highly selective in the independent audit engagements it conducts, the Independent Audit practice at Bathiya is led by experienced senior partners and enabled by use of technology. Today's modern businesses and their reliance on technology requires the audit teams to be equipped with cutting-edge technology. To know more about our Independent Audit service offerring, feel free to write to Vinod Shah (vinod.shah@bathiya.com) or Jatin A. Thakkar (jatin.a.thakkar@bathiya.com).


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A key focus area for the Firm has been providing Internal Audit and Risk Advisory Services to businesses. Internal audits provide the freedom and room for creativity to solve a particular problem in a effective manner to add value to the entire process. Bathiya has a dedicated team working predominantly on internal audits and risk advisory services to many Indian listed and large unlisted entities. As a non-attest function, the Risk Advisory function thrives on adding value to a client process or concern. The team brings to table the experience of working with multiple businesses, thereby avoiding reinventing-the-wheel for a peculiar concern. As processes proceed business growth, a robust Internal Audit function goes a long way in managing growth of entities that are on poised on their growth trajectory. To know more about our Internal Audit and Risk Advisory service offerring, feel free to write to Jeenal Savla (jeenal.savla@bathiya.com) or Deepak Agarwal (deepak.agarwal@bathiya.com).


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Accounting and Reporting is required across businesses and sectors. Globalised business needs accounting solutions that adapt across various different accounting languages. The complexities surrounding accounting and the expectations that goes alongwith has only increased. Bathiya has over the years been actively engaged in providing GAAP convergence, public-market readiness accounting solutions, business reporting services, for Indian and International clients. As businesses scale-up the regulatory reporting expectations multiply. The team at Bathiya is skilled to assist businesses in converging to IFRS, IND-AS, USGAAP, etc. Assisting businesses over the year has enabled Bathiya to engage in public market readiness reporting. Indian capital market listing requirements require a restatement of financial statements retrospectively since last 5 years. This brings along various accounting, compilation and technical challenges. In time-sensitive public market listing initiatives, an experienced team is a big differentiator. To know more about our Accounting Solutions service offerrings, feel free to write to Reema Jethwa (reema.jethwa@bathiya.com) or Madhavi Deodhar (madhavi.deodhar@bathiya.com).


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National Financial Reporting Authority Rules’ 2018 (NFRA)

Central Government has notified National Financial Reporting Authority Rules' 2018 dated 13/11/2018 and shall come into force on the date of their publication in the official Gazette. Such Authority shall have...

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India Inc. performance impact on convergence to IND AS!

Backdrop to the research The fiscal year 2016-17 promises to be a watershed moment for financial reporting by Indian corporates. After much delay and deliberation Indian Inc. embraced to a...

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