Sakthivel & Co

Our Work is dedicated to the Prosperity of Our Client !

We are a firm of Cost and Management Accountants. We are in practice for more than 20 years. Client Satisfaction, Confidentiality and Professionalism is our motto.

Our team of highly skilled and motivated professionals includes Cost Accountants, Chartered Accountants (Indian CA), Management graduates, Lawyers and Company secretaries who have worked for top consulting firms. Over the years, we have gained in-depth experience in providing multitude of services, ranging from tax planning to a liaison office.

Our professional approach blended with personal touch has earned us enormous confidence of all our clients, which is reflected in an enduring business relationship that we enjoy with them as also in the consistent growth in portfolio of our services.

To grow globally by partnering as key enablers in our client’s growth by consistently delivering value.

Cost Audit

Cost audit will establish the accuracy of cost accounts and will assist in prevention of errors and frauds. It will also help to improve cost accounting methods and techniques to facilitate prompt and reliable information to management. It creates cost consciousness, results in improved cost accounting methods and helps to have better internal control.

Direct & Indirect Taxation

Direct Taxes are the taxes that are levied on the income of individuals or organisations. They include Income tax, Corporate Tax. Indirect taxes are those paid by consumers when they buy goods and services. These include GST and Customs duties.

Bank Audit

1) Concurrent Audit :
Concurrent audit means doing the examination of the financial transactions at the time of happening or parallel with the transaction. It is part of a bank’s early warning system to ensure timely detection of irregularities and lapses. It helps in preventing fraudulent transactions at branches.

2) Stock Audit (Inventory Audit) :
Working capital finance in the form of cash credit against the security of hypothecation of stock and debtors is one of the most common modes of finance frequently adopted by various bankers. The borrowers in such cases are expected to submit the details of stock and debtors every month on the basis of which Drawing Power after reducing the prescribed margin is calculated by the banks. Stock and debtors being the primary security, bankers for ascertaining the genuineness & correctness of such statements appoint Cost Account firms at frequent time intervals to conduct stock audit.