Financial Statements and Reporting | Strategic Tax Planning & Advisory Services Company – Ventura Pranas

Financial Statements & Reporting


Ventura Pranas assists businesses, organizations and individuals with tax strategy, planning and compliance, whilst also delivering a wide range of financial services for industries like: Healthcare, Real estate, Non-profit, Private schools, Business services, Manufacturing & Distribution, Entertainment and Technology.

Our financial reporting services help you to not only meet, but also understand the ever-changing regulations and accounting standards that grow more complex each year. We take you beyond merely filing statements and staying current with your financial reporting; your organization will adjust to these regulations while maximizing your overall performance.

Timely and accurate financial information is at the core of every business decision. Our services include strategic tax planning, financial statement preparation and review. We view our role in the financial reporting process as an opportunity to provide the best solutions for maximizing your company’s profitability and efficiency. We also provide payroll processing and payroll tax preparation as well as sales tax return preparation.

We provide variety of services for firms/Entities registered or located ether in the US and/ or India, which include and are not limited to:

Service Offerings for US-Firm :

We have diversified experience in performing Audits, Reviews, Compilations and Attestation.

  • We perform internal and management audit to achieve management goals such as cost effectiveness and to improve overall performance of the organization by using digitized audit and review processes.
  • We perform Review services ( SSARS ) to ensure accuracy of financial statements on a Monthly, Quarterly, Half yearly and Annual basis.
  • We provide services attestation engagements ( SSAE ) required by bank and other regulatory authorities including well-established and notably recognized regional CPA firms in the United States.
  • We also provide various kind of services based on the agreed-upon procedures( AOP).
Individual & Business Client Service Offerings:

From the Indian standpoint:

  • We maintain day-to-day books of accounts and assist clients with all legislative formalities including maintenance of records and other ancillary work in connection therewith.
  • We provide statutory compliances for various governing bodies like Income Tax, Service Tax, Sales Tax/VAT, PF, ROC, RBI, FEMA reporting and filing requirements.
  • We also provide Secretarial Compliances like Drafting Notice, Minutes, Resolutions etc.
  • Incorporation of companies and taking care of all End to End statutory compliances.
  • Handling Payroll on a monthly basis in compliance with minimum wages act, PF, ESI etc.
  • Preparing Budgets, providing management MIS Reports on a monthly, quarterly or annual basis.

From the US standpoint:

  • Incorporation of companies for Federal as well as State level.
  • We maintain books of accounts, and handling all statutory compliances in Federal and State levels.
  • We provide review and assistance in advance tax computations.
  • We Provide Corporate secretarial compliance.
  • We prepare MIS reports and financial statements on a periodic basis for the management.
  • Dissolution of companies.

Industries We Serve

We offer Accounting, Tax Services and Bookkeeping services on to specific industries and market niches. This focus allows our partners and professionals to deliver more value to their clients by providing insights about issues critical to business owners—industry trends and leading practices, changes in accounting regulations and taxation, and managing risk.

Manufacturing & Retail

The transforming environment requires business owners, like you, to make changes to your business strategies, adapt to efficient

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Technology

We understand the audit and tax issues of the technology industry sector. Our team brings solutions that help manage risk and

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Real Estate & Hospitals

Our tax, business management, and audit teams understand the issues and risks that impact you and your assets.

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Non Profit Organizations

With complex and ever-changing tax and audit compliance standards, nonprofit organizations need a team of professionals

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Professional Service Firms

Law firms, consulting firms, talent agencies, insurance brokers, and engineering and architectural firms, are facing an increasingly

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Media & Entertainment

In front of the camera or behind the camera, we provide tax, business management, and audit services to the full spectrum

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