OUR SERVICES

Audit Assurance & Risk Assessment

Audit and Assurance is a large part of the firm's practice and is the core service offering. The firm provides these services to companies across almost all sectors ranging from relatively small to large sized entities. The key services provided by Harmony Global in the Audit and Assurance Division include:

• Restatement of Financial Accounts /Statements
• Certification of Accounts under US GAAP, IFRS, Other international GAAPs
• Accounting Certification under various governing statutes
• Statutory Audit
• Risk based Internal Audit
• Concurrent Audit
• Tax Audit as required under the Income Tax Act, 1961
• Special Audit of N.B.F.C (Under R.B.I)
• Revenue / Inspection / Stock Audit
• Operation / Management Audit
• VAT Audit under the local VAT laws
• Systems Audit The firm continuously endeavors to ensure that Audit and Assurance services do not remain a mere compliance requirement, but adds value to the clients. The firm's forward-looking pragmatic approach with thought leadership has attracted several companies to engage with the firm.

BUSINESS CONSULTANCY & TRANSACTION ADVISORY SERVICES

Successful organisations need a range of advisory services to support their long term growth plans. By developing a real understanding of your business and the issues and challenges you are facing, our advisory teams use local and global knowledge to help you achieve your goals.

• We deliver high quality solutions in more than 10 countries worldwide and whilst Harmony Global’ service rivals those of the largest organisations in quality and cost, it is also flexible to your needs.
• We have a proven track record of working with a range of clients - from family-owned businesses to public companies and from entrepreneurial start-ups to established global entities - helping them develop and refine their business strategies.
• Preparation of Techno-Economic Feasibility Study Report / Project Report for submission to banks.
• Loan Syndication.
• Financial Due Diligence.
• Business Valuation including Brand Valuation.
• Functional and Operational System Study.
• Advising on and preparation of Schemes of amalgamation, demerger and reorganisation.

BUSINESS RESTRUCTURING AND INSOLVENCY

Member firms help and advise business owners with financial problems every day, so understand how stressful it can be when your business experiences difficulty. Some of the situations are simple to resolve, others are more complicated, involving multiple international jurisdictions.

Financial and operational problems require specialist skills and our extensive experience, and understanding of complex issues helps us plan the most sensible way forward for you and your business. Member firms work closely with other professions such as bankers, venture capital funds and lawyers to restructure and refinance struggling organisations, across numerous industry sectors on projects that are both national and international. Our first priority is to focus on recovery - both of the business and its corporate structure. Many businesses can avoid administration or liquidation by seeking professional advice as early as possible

CORPORATE FINANCE

A merger or acquisition can both add and deplete considerable value in a business, but making sure that each stage of the transaction process - from valuation to negotiation to diligence and closure - is successful, demands considerable experience and knowledge.

Our hands-on practical approach helps facilitate successful transactions. Key Services areas in Corporate Finance Division includes :

• Financial Due diligence
• Valuations
• Business Valuation
• Brand Valuation
• Share Valuation
• Property Plant and Equipment Valuation
• Actuarial Valuation
• Financial Instruments Valuation
• Valuation under IFRS
• Investment Banking
• Private Equity
• Sale/ Divestment
• Acquisition
• International Fund Raising/ AIM Listing
• Debt
• Joint Ventures/ Tie-ups
• Sourcing and Distribution
• Advice on Divestment Strategy
• Advice on Negotiation
• Advise on MOU/ Shareholder's Agreements
• Post-Acquisition services - (Business Plans, Financial Controls etc.)

FORENSIC AND LITIGATION SUPPORT

• Legal challenges can come in many forms. When these challenges need to be resolved through litigation, you require effective support that will protect your interests.
• Harmony Global International member firms provide a range of investigation services for contractual and commercial disputes, forensic investigations, valuations and individual and family disputes.
• They offer experts with skills in a variety of areas and experience in all types of dispute from all over the world.
• They regularly advise clients on:
commercial and contractual disputes and mediation involving business or share valuations; expert witness and quantification of loss; forensic investigations, particularly in relation to fraud claims, tax investigations and asset tracing; legal disputes involving family and private wealth.

GOVERNANCE, RISK AND INTERNAL AUDIT The management of risk and implementation of robust corporate governance has become an increasingly important aspect of global business. While many companies are required by law, regulations or stakeholders to apply these processes and procedures, even more elect to do so as part of a successful business strategy.

Our network firms work with businesses in all sectors, advising on their governance structures, providing a range of services designed to support clients in maintaining robust governance and assurance frameworks. They can assist on managing risks effectively whilst helping to embed transparency and accountability.

OUTSOURCING

Harmony Global challenges the way back office services have traditionally been supplied allowing you to concentrate on growing your business. Through our specialist teams, we assist domestic as well as international companies/ accounting firms to be more efficient.

Our services include -

• Accounting Outsourcing
• Corporate Secretarial
• Payroll Service
• Payment Service
• Tax return Processing
• Maintenance of entire accounts for Private Equity/MNC
• People
• Procedures/Process/Policies
• Technology
• Back Office Accounting
• Preparation of Accounts and Finance Manual
• Temporary Controllership
• Forensic Accounting & Fraud Detection
• Preparation of Cost Accounting Records
• Preparation of Fixed Asset Register with codification

TAX

Successful companies consider tax implications before they make business decisions. This makes tax compliance and tax advice a crucial element in their business process.
Harmony Global is well positioned to offer individuals and companies comprehensive tax services. Our tax professionals are selected for their commitment to the profession as well as their tax planning expertise.

Key areas of tax services:

• Tax Compliance - Computation of tax and filing the returns with the authorities
• Tax Advisory - Advise on specific Tax matters
• International Tax - Advise on international tax issues under various treaties
• Indirect Taxation - Advise and compliance on various indirect taxes such as Excise, GST, etc.
• Representation in Tax investigation/ litigation/ departmental reviews
• Domestic Taxation Services, which encompass Direct and Indirect tax advisory, as well as compliance work.
• Preparation / Verification of income tax returns for corporations, partnerships, individuals and trusts.
• Tax planning and advisory for businesses and its owners.
• Guidance in tax law changes.
• Valuation of shares under Free Discounted Cash Flow Method as required under Rule 11UA of the Income Tax Rules.
• Counsel and Representation in dealing with various Tax Authorities (Income Tax / Service Tax / Sales Tax ).
• Handling of Income Tax Search & Seizure matters.
• Tax Due Diligence Services.
• Expatriate tax management.
• International Taxation, Inbound and Outbound Structuring.
• Transfer Pricing study, documentation and certification.

Legal Consultancy Services

In this fast moving business environment, knowledge of law is of utmost importance. Not only that, keeping abreast with the changes in laws and staying updated is of essence in any business.
Our expertise in legal services help our clients avoid such lapses in their legal procedures and keep them at the right side of the law. Our services are not reactionary in this regard but proactive and as such we provide legal consultancy services to protect and safeguard the interests of our clients.
We offer a number of Legal Consultancy Services in the areas of Companies Act, SEBI, Service Tax, Foreign Exchange Management Act and other mercantile and commercial statutes.

Our Services

• Formation of Companies / Limited Liability Partnerships
• Regular compliances with Registrar of Companies and LLP
• Advise on Corporate Law Matters
• Representation before Registrar of Companies & Company Law Board
• Maintenance of Statutory Records under Companies Act
• Advise on matters pertaining to SEBI
• Advise on matters pertaining to FEMA and Foreign Exchange
• Drafting of Deeds and Agreements