Industry Experience
Our firm has worked in the sectors below. Select one to read the accounting, regulatory and control questions that commonly arise in it.
- ChemicalsChemical businesses carry large inventories, convert them through a process that is rarely linear, and work under classification and safety rules that reach into the accounts.
- ManufacturingA manufacturer's profit is decided long before the invoice is raised, in how material, labour and overhead are absorbed into the cost of what it makes.
- TradingMargins in trading are thin enough that a small error in stock, pricing or credit shows up immediately in the result.
- TransportTransport combines heavy asset investment with revenue earned trip by trip, and has tax treatments that exist nowhere else.
- EngineeringEngineering work is sold as a contract and delivered over time, so the accounts depend on estimates that are revised as the job proceeds.
- Consultancy ServicesA consultancy's balance sheet is mostly people and receivables, which makes the timing of revenue and the collection of fees the whole of the problem.
- TourismTourism takes money before it delivers anything, which puts customer advances, cancellations and supplier balances at the centre of the accounts.
- InsuranceEntities in the insurance sector report under a framework set by their regulator, and their balances move through intermediaries rather than directly.
- Information TechnologyTechnology businesses earn in several different ways at once, often across borders, which makes revenue recognition and foreign exchange the central questions.
- ConstructionConstruction contracts run for years, so the accounts depend on estimates, and the cash depends on retentions and certification.
- Real EstateA real estate project is a long contract, a regulated escrow account and a tax question all at once, and the accounting has to hold all three together.
- PharmaceuticalsPharmaceutical accounts carry two things most manufacturers do not: development spending that may never become a product, and prices that are not entirely the company's to set.
- Government and CAG AuditAudit in the public sector answers to a different authority and asks a different question: not only whether the accounts are right, but whether the money was spent as sanctioned.
Discuss your sector
A partner will take the call. If it is easier, say what the matter concerns and we will arrange a time.
- Telephone
- 9892801235 / 9892801239
- sksa123@yahoo.com
- Office
- B-601, Aalind Fortuna
Beside Sheetal Banquet Hall, Opposite Lemon Tree Hotel
Mind Space, Chincholi Bunder
Malad (West), Mumbai 400064, India