YKT Talentica Near Inox, Pune, Maharashtra

Tax planning is an essential part of the financial plan. Our experts look at tax planning beyond income tax. Proper tax planning includes both direct & indirect taxes. YKT helps its clients to avoid the taxes over its evasion. Our consultancy ranges from corporate to non-corporates and from tax gain-loss harvesting, Base Erosion and Profit Shifting (BEPS) to tax planning for individuals. Our experts help to avoid cash blocking by managing taxes efficiently.

YKTs prime focus of TAX Audit, apart from Statutory Compliance, is to reduce or remove the errors and save the businesses from Interest & Penalty. YKT benefits the client with 3 deliverables. Accounts are in compliance with Income Tax Law Shortcomings can be found out & dealt with in future Deviation from laws can be identified and corrected

An Information Technology (IT) audit is an audit of an organization’s IT systems, management, operations and related processes. Many organizations spend large amounts of money on IT because they recognize the tremendous benefits that IT can bring to their operations and services. However, they need to ensure that their IT systems are reliable, secure and not vulnerable to computer attacks. YKT makes sure the IT Systems are secure & there is no leakage of information whatsoever to competitors & others. Also, the programs designed & developed are to facilitate the desired deliverables. YKT’s system expert team offers the following Services. IT Policies & Security Policies Vulnerability Assessment Penetration Testing Disaster Recovery Business Continuity Plans

YKT plans the audit with the view to reduce the unnecessary investment cost in the inventory. Inventory tends to be the easiest asset to manipulate and hence, it’s essential to keep it under constant observation and examination. Audit helps in finding the leakages on account of theft, wastages, obsolescence and dormant stock. Audit helps in reconciling the physical stock with the accounts resulting in the proper treatment of stock in the books of accounts.

Payroll outsourcing is an efficient alternative to in-house processing. It comes in as a simpler, and an affordable way of paying employees, filing taxes, and performing other activities associated with payroll administration. We provide innovative and completely customized payroll solutions to all organizations regardless of their size. It helps businesses to augment their competitive advantage with the help of customized solutions built on the foundation of a vast domain experience, qualified professionals, and advanced technology. This enables us to offer our clients the confidence and the operational bandwidth to meet all their business challenges. Processing of monthly salaries Handling Reimbursements PF, PT, ESIC Compliance Investment Verification Form 16 Generation

Our Team will assist you in establishing the accounting system with proper internal controls. Set up the process flow to include proper documentation, voucher format preparation, establishing data entry systems & internal controls in the form of SOPs. Once it is established, either you can outsource the accounts management to YKT & rest assured that our team would hand-over the accounts to your accountant.

YKT serves as the one-stop solution for those candidates who want to learn quickly and get ready for the job. The curriculum is designed to impart practical knowledge to students. This will help the candidates to increase their market value. Our objective is to create good accountants, consultants and not merely the degree holders. We meet our objectives with the help of professional faculties, corporate veterans and with you. Accounting training is basically linked to financial management, One needs to be perfect in all types of accounting skills if he/she has to pursue a career in the accounting department of the company. In nearly every field accounting skills are required from small, medium-size companies to big companies all require skilled accounting professionals to manage all their financial workflow. We understand the need for individuals to establish themselves during this competitive professional atmosphere. Companies are trying to find Accountants who have both interest and passion to grow in the accounting field. Accounting is a field that will always be in demand and it’s a field that one can still grow and move up inside in the company. There are numerous different positions which are available within the accounting field which the aspiring accountants can grab.

MIS impacts the organization’s functions, productivity and performance. It helps to understand the progress, achievements and shortfalls in the activity and targets. MIS helps the management to take the organization towards its corporate goal. YKT assists the management by freezing the accounts on a monthly basis. MIS with YKT helps to have a proper tax plan, and helps to manage the funds & avoid cash blockage. YKT also assists the corporates in the “Accounts Finalization” activity. Expert knowledge of YKT’s Chartered Accountants helps the management to get the pre-audit benefit. Financial MIS to include Common Size Statement Cash-flow Statement Balance-sheet Others, if any as required by law

YKT support the audit under Companies Act, Trust Act, Societies Act etc. These audits are mandatory by law. YKT carries out audits considering the provision of the constitutional act applicable to the entity. This helps the organizations in the white list of the government departments.

Labour law consulting is important for business whether big or small. Consultancy shapes the employers’ responsibilities. Laws are made with the intention to protect the employees’ interest. Hence, it is it imperative for every organization to be labour law compliant. YKT shoulders the clients responsibilities by helping them to be statutory compliant.

Investment consultancy includes the range of products viz. corporate FDs, insurances, mutual funds etc. Our experts offer client specific services considering their portfolio & future plans. Our consultancy helps our clients to achieve their financial objectives. Properly planned investments helps to achieve long-term, mid-term & short-term financial objectives with tax efficiency

Internal Controls are required by the law & to safeguard the organization against frauds and errors. Effective internal controls minimize the risk of asset loss, and ensure that the information is complete and accurate, financial statements are reliable, and the operations are conducted in line with the provisions of the applicable laws and regulations. An effective system of internal controls established by YKT protects the management plan in two ways. Minimizing opportunities for unintentional errors or intentional fraud that may harm the plan. Discovering small errors before they become big problems.

The whole purpose of internal audit is to provide assurance by evaluation, monitoring, analysis of company and effectiveness of its overall governance, risk management, and internal controls processes in the organization. YKT is one of the trusted audit firms in Pune which Provides onsite & offsite accounting Services. At YKT Talentica we evaluate all the financial workflow and internal records of the company, the intent of Internal audit is to identify weaknesses within the company and fix the problem quickly to prevent any loss to the organization and its office bearers. As a responsible audit firm in Pune, we provide accurate and timely financial information which helps in maintaining the efficiency of an organization’s internal records. YKT focuses on 5 points that benefits client exceptionally Insight on the organization’s objective Improving operational efficiency Evaluating the risks & protecting the assets Assessing the Internal controls helping the clients prevent frauds & errors Ensuring compliance with laws & regulations YKT helps different segments of internal audit. Internal Financial Controls TDS Compliance Audit Fixed Assets Verification Stock Audit

Compliance YKT extends Accounts support to get the following important activities done. Registrations with the GST Department Filing of Returns Reconciliations YKT assists the clients to get their accounts ready for GST Audit. YKT carries out the allied activities viz. Reconciliation of Input Tax Credit with the data available online on GST Portal Reconciliation of Sales details provided to GST department with the accounts finalized. Reconciliation of Input Service Distribution & TDS GST Vendor Reconciliation

YKTs prime focus of GST Audit, apart from Statutory Compliance, is to reduce or remove the errors and save the businesses from interest & penalty. YKT benefits its clients with 3 deliverables. Accounts are in compliance with the GST Law Shortcomings can be found out & dealt with in future Deviation from the laws can be identified and corrected

Forensic accountants play a key role in examining and investigating the current financial processes and standards, which, in turn, can help in the identification of more effective and efficient solutions. Forensics is a strategic approach whereby financial data and non-financial information are gathered, monitored, studied and analyzed for fraud-prevention purposes. By taking a proactive approach, a business is able to secure itself from both, catastrophic losses and dire legal consequences. Forensic accountants are responsible for the investigation of financial activities and records through a comprehensive detail, coupled up with a search for any evidence whatsoever of a fraudulent or an unusual activity. Our clients engage us for two kinds of forensics Financial Forensics Computer Forensics Benefits of Forensic Accounting Minimized Losses Improved Efficiency Reduced Exploitation Risks Avoidance of Legal Problem Improved Brand Reputation and Authority System

Today, every corporate looks for candidates who have the ability to perform multiple tasks, coupled up with a professional intellect. Speed, skill and scale are three elements those constitute the need of the time. Without ‘3S’ & multiple skillset, it is impossible to achieve the desired levels of performance and results. YKT conducts seminars with an objective to help trainees live up to the expectations of the employer. YKT provides the Onsite Practical Training with the Theoretical base on the listed topics.

Ykt helps its clients to establish their dream organization & makes ‘india market entry’ possible for them. Our experts will offer advice & assist you in streamlining and executing registrations from the government authorities so that you can focus on the core aspects of the business. For a better understanding, clients need to opt for the following registrations. Constitutional act msme registrations income tax act gst act pt act pf act esic act industry specific, if any

Accounting is the lifeline of the business, if sales is its heart. YKT provides end-to-end management of Books of Accounts. Proper accounting results in the generation of statutory reports & helps in analyzing the financial position on a regular basis. We offer a plethora of services mentioned below. Besides, our services include back-up at regular intervals. Accounts Writing Data Entry Operations Accounts Payable Accounts Receivable Vendor Reconciliation Fixed Assets Register TDS Returns Bank Reconciliation Cash-Flow Statement