Consulting
At Westmark Associates, we provide accounting and related process services to clients that either don’t want to develop their own capabilities or are looking for affordable and expert solutions. Our strategy for handling outsourced assignments entails gaining a thorough understanding of the client’s requirements, which serves as the cornerstone of the assignment implementation plan, designing a process plan, determining the resources needed, allocating enough resources, carrying out the desired functions, and continuous team leader monitoring.
The firm is involved in a variety of relevant profession-related sub-activities in the areas of corporate law, secretarial compliances, tax matters, audit, and accountancy.
Business planning & strategy
Our strategy for handling outsourced assignments entails gaining a thorough understanding of the client’s requirements, which serves as the cornerstone of the assignment implementation plan, designing a process plan, determining the resources needed, allocating enough resources, carrying out the desired functions, and continuous team leader monitoring:
- Drafting of MOUs.
- Capital Planning and Investment Management.
- Participation in Recruitment Panels.
- Advising and Drafting of Employee Benefit Schemes.
- Trade Mark, Logo, Emblem Registration Services.
- Business Advisory for promoters & senior management in respect of long term
- strategy Brand Building, Growth Plans and Related Matters
- Statutory compliances under tax, economic, corporate and labour laws.
- Due Diligence work.
- Preparation of Dashboards for senior management review
- Developing business case for strategic initiatives
- Business process evaluation and identification of Key Risk Factors
- Trainings and Capacity Buildings Sessions
Financial Statements Preparation
- IFRS Implementation
- Annual, quarterly, monthly, and periodic FS preparation
- Banking operation handling.
- Financial Covenant Management
- Bank Facility arrangement and facilitation
Budgetary Services
- Preparation of Annual, Periodical and Project Projects.
- Analysis of Actual Performance vs Budget
- Preparing and reporting Variance Analysis.
- Recommendation of Corrective Actions.
- Follow-up implementation progress.
Process Appraisals
- Internal Control Appraisal
- Cost optimization
- Process Re-engineering
- Best Practices Implementation
- Tax Planning
- Transfer Pricing Planning
Management Consultancy
- Financial Decision Making
- Investment Appraisals
- Merger and Acquisitions
- JV and Consortium
- Consolidation reporting