Audit is an opportunity to provide updated insight into business and insight that could identify potential threats or opportunities that can factor into your plans. We make thoughtful recommendations allowing you to better manage your business.

Audit quality is of fundamental importance for maintaining trust in the financial reporting process and the integrity of financial information. The experience of audit teams, covering many industries and service sectors, enables them to focus on key areas of risk, adequacy of internal controls and potential areas of fraud.

All our audits begin with a full assessment and understanding of the client’s business and operations. This allows us to provide constructive suggestions for improving business strategies, management information and controls. Our examinations are based on statutory requirements and local auditing practices and our procedures comply with the Standards on Auditing.

Internal auditing is a profession and activity involved in advising organizations regarding how to better achieve their objectives. Pai Nayak & Associates provide businesses with risk management advice and support, drawing on the resources, expertise and experience. The benefits that will enhance to the client’s management from the internal audit service may include, but not be limited to, the following:

•     Sound advice on operations, performance and internal controls
•     An assessment of whether the procedures adopted comply with the envisioned policies
•     An assessment of whether best practices are being implemented throughout the organization

Pai Nayak & Associates provides following Assurance Services:

•     Statutory Audit
•     Tax Audit
•     Internal Audit
•     Concurrent Audit
•     Certification
•     Management Audit
•     Compliance Audit
•     Inspection/ Investigation
•     Operations Audit
•     Forensic Audit
•     Information Systems Audit

Pai Nayak & Associates has tax professionals with the expertise, commitment, and experience to provide business and personal tax advice.

Businesses face the challenge of turning their newly established operations into profit making operations within a stated period of time, which is not an easy task. For taking advantage of all possible opportunities should certainly include proper tax planning and advice.

Business cannot expect to survive in today’s world economy without a clear sense of purpose and a strategy to reach goals. Pai Nayak & Associates supports clients as they plan and adapt in order to meet the challenges of going global.

Tax laws are now complex and therefore it’s most essential to ensure that businesses with cross border operations undertake adequate tax planning at an early stage.

Our transfer pricing task force is made up of specialists who help clients create a robust transfer pricing policy to develop and defend the prices to be charged on related party transactions.

Pai Nayak & Associates provides the following Tax & Regulatory services:

• Domestic and International Tax Advisory
• Tax Returns and Hand-holding support
• Audit under GST and Income Tax Laws
• Transfer Pricing
• Tax Compliance and Diagnostic Review
• Tax Optimization and Transaction Structuring
• Obtaining registrations, approvals and licenses
• Refund related assistance
• Litigation and Representation services
• FEMA/RBI and other regulatory compliances

Business cannot expect to survive in today’s world economy without a clear sense of purpose and a strategy to reach goals. Business cannot expect to survive in today’s world economy without a clear sense of purpose and a strategy to reach goals. Pai Nayak & Associates supports clients as they plan and adapt in order to meet the challenges of going global.

Timely strategic financial advice is the linchpin of all transactions that take place in today’s rapidly evolving competitive landscape. We understand this and assist in identifying opportunities for, or risks to, our clients’ interests, which accompany most Financial advisory (FA) engagements.

Every corporate finance deal brings a specific set of challenges requiring specialist knowledge and experience. Pai Nayak & Associates provide businesses with corporate finance advice and support across a range of issues, drawing on the resources, expertise and experience.

Our integrated approach which involves combining our skills to develop well-rounded solutions based on a full understanding of our clients’ ambitions, business and environment extends a clear commercial advantage. Our edge lies in our ability to formulate multi-disciplinary teams and deploy the same at short notice, to deliver results.

For those adopting IFRS/ IndAS for the first time, we help with training staff as well as the project management team to ensure as smooth an implementation as possible.

Pai Nayak & Associates provides the following Advisory and Consultancy services:

• Business Advisory
• Transaction Support
• Business Valuation
• Corporate Finance
• Due Diligence
• IFRS Advisory
• Merger and Acquisition
• Private Equity and IPO Support
• Corporate Restructuring
• Information System and Risk Management