Accounting, Taxation & Audit Services
High-Quality Financial Governance for Global Subsidiaries Maintaining financial transparency is a core value for Japanese management teams. In the complex Indian regulatory environment, simple bookkeeping is not enough; businesses require integrated financial solutions that align local statutory mandates with global reporting standards.
At Consulting Finance , we act as your local financial controller. Our multi-disciplinary team ensures that your Indian subsidiary’s financial health is accurately reflected, compliant with local laws, and seamlessly reconciled for your overseas headquarters. From daily accounting to complex tax investigations, we provide the structured delivery you need to operate with peace of mind.
Services Offered
We provide a full suite of specialized financial services to support the diverse needs of foreign-owned subsidiaries:
Bookkeeping & Accounting: Accurate maintenance of ledgers, accounts payable/receivable, and bank reconciliations in accordance with Indian Accounting Standards (Ind-AS).
Part-time Accounting Staff Dispatch: Professional on-site support by qualified accounting personnel to bridge temporary gaps or manage specific high-volume projects.
Financial Report Preparation Support: Expert assistance in drafting year-end financial statements, balance sheets, and profit & loss accounts ready for statutory audit.
Consolidated Financial Statement Package Creation: Specialized support for creating reporting packages that comply with J-GAAP, IFRS, or US GAAP for consolidation by your parent company.
Tax Compliance Agency: Comprehensive management of monthly GST filings, quarterly TDS returns, and annual corporate income tax filings.
Accounting and Tax Advisory: Strategic consultation on complex cross-border tax issues, transfer pricing, and optimized transaction structuring.
Expatriate Salary Payment Schemes: Establishing compliant “Net-of-Tax” salary structures for Japanese expatriates, ensuring all tax perquisites are accurately calculated and deposited.
Tax Investigation Support: Professional representation and response management for various tax department inquiries or departmental audits.
Accelerated Financial Closing & Audit: Streamlining internal processes to facilitate rapid monthly or annual financial closings to meet strict global reporting deadlines.
Frequently Asked Questions
Yes. Reconciling local Ind-AS accounts with Japanese GAAP is one of our primary specialties. We ensure that all reporting packages are built to your parent company’s specifications and delivered within their strict global timelines.
We establish comprehensive expatriate payroll schemes that manage the complexities of dual residency and tax perquisites. We ensure all monthly tax deductions are accurate and all required individual income tax returns are filed on time.
Absolutely. We provide end-to-end representation, preparing necessary documentation and technical justifications to resolve inquiries from the Income Tax or GST departments efficiently.
We utilize secure, cloud-based ERP systems and maintain strict internal data access protocols to ensure that your corporate financial data and expatriate payroll information are protected at all times.