FINANCIAL SERVICES

The Financial Advisory Services provide valuable insights into how companies can grow, diversify and prosper to maximize their shareholders' wealth. We at NSPAL provide a solution to project financing requirments from competent resources under one roof. Activities undertaken by us are : Activities undertaken by us are :

  • Advising on all financial issues of client's interest
  • Preparation of Project Reports
  • Assisting in obtaining Bank/Financial Institutional Borrowings
  • Formation and Registration of Partnership Firms, LLPs, Trust

Tax and Accounting Services

The vast financial services sector also includes accountants and tax filing services, currency exchange and wire transfer services, and credit card machine services and networks. It also includes debt resolution services and global payment providers such as Visa and Mastercard, as well as exchanges that facilitate stock, derivatives and commodity trades.

An accountant utilizes education or experience in the realm of business, finance or accounting to examine the accuracy of financial statements. Accountants ensure all financial records and statements, such as the balance sheet, income and loss statement, cash-flow statement and tax return, are in line with federal laws and regulations and generally accepted accounting principles (GAAP). Accountants also compile the information needed to prepare entries to company accounts, such as the general ledger, and they document business financial transactions over time. This information is used to prepare weekly, monthly, quarterly or annual closing statements and cost accounting reports. Accountants must also resolve any discrepancies or irregularities they find in records, statements or documented transactions. They typically observe established accounting control procedures through an accounting system or software program.

Accountants are often assigned other finance-related tasks in addition to analyzing financial records and statements. Ancillary job duties include monitoring the efficiency of accounting control procedures or software programs to ensure they are up to date with federal and state regulations. Accountants are also tasked with making recommendations to various departments or C-suite staff regarding the efficient use of company resources and procedures. These recommendations are meant to provide solutions to potentially costly business financial concerns or problems. In some instances, accountants are also tasked with preparing and reviewing invoices for customers and vendors to assist with timely payment on outstanding balances. Reconciliation of payroll, verification of contracts and orders, construction of a company budget, and the development of financial models or projections may also be part of an accountant's regular responsibilities.

In addition to these duties, accountants prepare and file taxes for companies and individuals. They analyze all company assets, income earned and paid, or anticipated expenses and liabilities to reach a total tax obligation for the year. With both company and individual tax preparation and filing, accountants are expected to provide a detailed analysis of tax efficiency or inefficiency and make recommendations on how to reduce total tax liabilities in the future.

 
     
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