Accounting is one of the most important parts of a company without which the operations cannot be structured properly. Any kind of business entity, be it a startup or an existing one, needs to have a channelized accounting system for consistent business growth. Accounting can be categorized into either Financial Accounting or Management Accounting, both of which are handled by us comprehensively.

Tax Accounting – Preparation of regular tax, sales tax and various other returns called tax accounting needs experts to execute it. This is a set of accounting principles that govern the taxes of a company which is enforced by the law and different from general accounting principles.

Cost Accounting – Good cash flow management can improve a company’s liquidity, reduce costs and increase profitability. This is a procedure of allocating costs connected with a process, and then developing various courses of action to control the costs.

Professional Accounting – For the accounting services to be executed and curated correctly you need a team of professional Chartered Accountants and Company Secretaries who will become an integral part of the accounting body. We offer expertise in the areas of auditing, cash statements and management of financial statements, and more.

Statutory Compliances – Statutory compliances are very much needed for a company in terms of employees. Our accounting team is well versed with the compliances that a company has to follow in terms of tax deductions, minimum wages to be fixed, ESI Fund and PF Deductions, Professional Taxes, Gratuity and other employee-related services.

Payroll Services – Accounting services provide varying degrees of payroll services that include preparing payroll, calculating taxes and other withholding and issuing checks. You can also outsource filing of payroll taxes, calculate and record deductions or other employee benefits to Akram & Co.

Tax Planning – The main purpose of tax planning is to ensure that there is proper tax efficiency. With proper tax planning, all financial activities will work in the most tax-effective way possible.

Consulting Services – When it comes to accounting consulting services, you will require nothing but the best services. We help you analyse your financial information to make better business decisions. We’ll help you foresee the financial situation of your company.

If you’re running a business and want to concentrate on how to grow, however are not able to concentrate on the functioning of the company and finance, outsourcing your Accounting Services to Akram & Co. is the right choice!