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Over the years, SKP has assisted over 1,200 clients from over 45 countries in doing business in India and abroad. Our clients include Fortune 500 companies, multinational corporations, entities listed on global exchanges, private equity/venture capital–owned companies and family-owned businesses. Here are a few examples of our work where we've helped our clients in dealing with the various complexities of doing business in India and abroad.

Controls and compliance for an American software consulting firm

Engagement: The client was an American software consulting and outsourcing firm starting up in India who found it difficult to comply with the local regulatory environment. The business was growing at a rapid pace which made compliance for government terms difficult often resulting in penalties.

Solution

  • In the absence of Standard Operating Procedures (SOPs), we helped establish controls on payroll and deployed procedures for tracking of documentation and internal checks by devising an approval system
  • Suggested shortcomings in the system and gave recommendations on improvisations
  • Tailored accounting and tax compliance practices to suit the client's requirements.

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Value Delivered

  • Exercised all compliances on time without penalty
  • Client experienced significant growth, supported by a team of over 600 people