Over the years, Sarkar & Associates have provided services in the fields of:

· Statutory Audit
· Internal & Management Audits
· Taxation Advice & Representation
· Finance
· Financial Adviser
· Project Reports
· Company Law
· Setting up of Non-Profit making Bodies
· Setting up of Foreign Branches & Liaison Offices
· Restructuring and Re-organisation of Companies / Businesses
· Mergers, Amalgamations, Takeovers, Management buy-outs
· Foreign Collaborations
· Bank Audits
· Accounting and Tax Services
· Agreements and Contracts
· Mediation, Arbitration

STATUTORY AUDITS
Conducted statutory audits of Public Sector, Private Sector, Limited and Private Limited Companies, Educational and Charitable Institutions, Clubs, Partnership Firms as well as Branch Offices of Foreign Companies.
INTERNAL / MANAGEMENT AUDITS
Conducted internal / management audits of Public as well as Private Limited Companies, Foreign Branch Offices, etc. with special emphasis on:
Evaluation of adequacy of internal controls and their responsiveness to customer requirements. Examination of checks and balances. Recommendation of prudential norms and overall improvement in yield without sacrificing quality of assets / investments. Examination of the adequacy and effectiveness of corporate governance policies. Examination of the efficiency of the existing distribution channels and the effectiveness of current marketing strategies to increase reach. Examination of cost-effectiveness of the same in the context of changes in marketing practices. Formulation of an effective strategy for publicity and advertising. Examination of organisational structure and manpower requirements. Examination and evaluation of financial control systems including system of cost-cutting measures, scope for improvement in the internal audit system and review of the system of delegation of financial authority. Advising on a system for motivating employees. Advising on the futuristic strategy to be followed.
TAXATION ADVICE & REPRESENTATION
Engaged in taxation advice and planning for corporates, firms, foreign branch offices, subsidiaries of foreign companies, NRIs, societies and individuals. Represented various clients before Income-Tax, Wealth-Tax authorities in Delhi and Calcutta upto the Tribunal level. Represented cases before the Central Board of Direct Taxes. Also undertaken preparation and filing of Income tax, Wealth-tax, TDS Returns, Tax Clearance Certificates, as also documents related to Assessment and Appeal Proceedings. Advising and representing clients before Service Tax, Value added Tax and Sales Tax Authorities.
FINANCE
Term Loans, Working Capital Requirements, Corporate Debt Restructuring for manufacturing, trading and export units, Secured and Unsecured Loans from All India and State Level Financial Corporations as well as Banks and Foreign Institutions / Funds. Syndicated Finance, Project Finance, Financing of Take-overs, Inter-Corporate Deposits, Bills Discounting, Leasing, Hire Purchase, Equipment Financing, Auto Loans, Home Loans, Professional Loans from Banks, Financial and Apex Co-operative Institutions and others. Represented before All India Financial Corporations, Foreign Institutions and Mutual Funds for Bridging Finance against Rights and Public Issues. Actively involved in advising on bought-out-deals and private placement of shares and debentures, public offerings, right offers, underwriting, stock exchange listing, dividend pay-outs.
Financial Adviser
Acted as Financial Adviser to various companies with regard to cash control, cost reduction, critical path method, standards for material and labour, programme evaluation and review technique, identification of term finance, capital expenditure decisions, investment outlay, cost of different sources of financing, corporate debt restructuring, etc
PROJECT REPORTS
Preparation of Project Reports with special emphasis on break-even point, interest coverage ratio, internal rate of return, debt equity ratio, debt service ratio, syndication of funds, projected balance sheets, profit and loss accounts, cash flow statement.
COMPANY LAW
Undertaken incorporation of Private Limited, Public Limited and Section 25 Companies as well as establishment of place of business in India of branch offices of foreign companies. Represented before the Registrar of Companies, Delhi and Haryana, Uttar Pradesh and West Bengal,Regional Director, Northern,Eastern and Southern Regions and also before Company Law Board, Northern and Eastern Regions.
SETTING UP OF NON-PROFIT MAKING BODIES Undertaken incorporation of societies under the Societies Registration Act, 1860 and the Co-operative Societies Act, 1912 as also companies under Section 25 of the Companies Act, 1956 and section 8 of the Companies Act, 2013.
SETTING UP OF FOREIGN BRANCHES & LIASION OFFICES
Represented before Reserve Bank of India and Registrar of Companies,for registration of branches and liaison offices of foreign companies.
RESTRUCTURING AND RE-ORGANISATION OF COMPANIES / BUSINESSES
Systematic study of companies, their restructuring and re-organisation based on ‘niche’ areas. Cost control and cost reduction studies.
MERGERS,AMALGAMATIONS,TAKE-OVERS, MANAGEMENT BUY-OUTS
Undertaken detailed analysis of companies for Strategic Alliances, Mergers, Amalgamations, Take-overs, Management Buy-outs, Schemes of Arrangement.
FOREIGN COLLABORATIONS
Represented before Foreign Investment Promotion Board for clearance of various technical / financial joint venture proposals.
BANK AUDITS
Conducted statutory, concurrent, inspection and branch audits of several Nationalised Banks.
ACCOUNTING AND TAX SERVICES
SMALL BUSINESS
Catered to small business who need Reliable and Quality accounting services that can take care of their tax compliance.
Training of client's staff to handle basic accounting functions Books and records maintenance services Provision of monthly, interim and annual financial statements Analysis and Reconciliation of general ledger accounts Preparation of journal entries and month-end closing entries. Preparation of working papers used by accounting firms for annual financial audits. Analytical reports for management accounts. Preparation and filing of tax returns. Preparation of monthly and annual returns as also various forms under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952. Advise by phone/ fax/ email on the company's accounting and tax matters during normal working hours.
MEDIUM-SIZED COMPANIES
Serviced medium-sized companies who have their own junior accountants but need an outsourcing financial controller who can taking care of their tax and accounting and/ or their computerized accounting system
Organization of simple but efficient (computerized) accounting system. Training of the client’s junior accountants to do routine jobs on accounting & tax matters. Supervision of junior accountants’ work so as to enable monthly closing in accurate & timely manner. Preparation of monthly and annual returns as also various forms under the Employees’ Provident. Preparation of monthly and annual returns as also various forms under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Taking care of accounting and tax matters without increasing their headcount.
BUSINESS CONSULTING
Analysis of client's business transactions Organization of simple but efficient computerized accounting system Training the staff to use accounting software Training and assistance to client's staff with inquiries on a scheduled or as-needed basis. Review and fine-tuning of internally-prepared data and financial statements. Training client's staff in software applications.. Provision of on-going support.
PAYROLL SERVICES
Designed confidential records and saved time and money.
Calculation of employee pay, tax, and other deductions. Provision of bank payment instructions or diskettes and issuance of pay slips. Preparation of payroll register and monthly summary for accounting department. Preparation & submission of payroll tax returns. Assistance to key employees for annual filing of personal income tax return.
DATA PROCESSING SERVICES
Processing of computerized financial statements and reports Maintenance of computerized fixed asset and depreciation schedules Analysis of various accounting software packages at client's site.
TAX MANAGER
This is designed for tax compliance.
Study and Analysis of Client’s business. Helping client to understand all the applicable tax exemptions and deductions. Training and supervision of client’s staff to handle the company’s tax matters. Advise by phone/ fax/ email on the company’s tax matters. Inform and advise on the new procedures whenever the tax laws are amended. Guide the way to save tax by tax planning.
AGREEMENTS AND CONTRACTS
Advised on Joint Venture Agreements, Professional Engagement Contracts, Finance and Management Contracts.
MEDIATION, ARBITRATION
Advised on Alternative Dispute Resolutions including Mediation and Arbitration.