About us: The Firm

Forward

B. S. Kedia & Co., a leading 37 years experienced Chartered Accountant firm with its registered office at Kolkata. It had commenced its operation on 11th August, 1986, named after the founder partner Mr. Bijoy Shanker Kedia.

B. S. Kedia & Co. As a chartered accountant firm is committed to provide high quality professional services to its clients. We have been rendering professional services related to Accounting, Auditing, Direct and Indirect Tax consultancy, Financial Services, Company law matters, Other Regulatory Compliances etc.

Firm generates positive synergy with its client with its vast experience, knowledge and energetic team. Apart from qualified partners, we have qualified and semi- qualified full time staffs, number of trainee and article assistants.

Our Vision

"To be the admired Chartered Accountancy firm that enables the continued progress of customers by being responsive to their needs".

We believe that business should concentrate on hard core business functions of operations and marketing and leave their non-core functions, such as Accounting, Financing & Compliances, to professionals like us. Our team is led by experienced and young Chartered Accountants, who are well versed with Accounting, Financing & Compliances practices.

We are focused on building long term relationship with our clients with a flexible approach to achieve the desired results.

Our Mission

"To excel in the areas of consultancy beyond the satisfaction of the clients by linking best practices of the profession, by pioneering innovations to the profession and by sharing expertise with the members of the profession".

We aspire to provide best auditing, taxation, consultancy and financial management services through best modern contemporary practices to variety of clients along with outsourcing services in the field of Finance & Accounting. Our motto is to deliver expected agreed upon results in a timely, transparent and ethical manner as per the requirements of business.

Our Values

Knowledge, Integrity, Sharing and Blended Learning, Outstanding Value to Market and Clients Leading Change and Innovation.

Partner's Profile

Ph: +919831030749

bskedia@gmail.com

FCA (ICAI), B.Com (H)

CA Bijoy Shanker Kedia

The founder member of the firm has an experience of more than 37 years since qualifying as a Chartered Accountant. He has an expertise in Taxation matters & Company Law matters. He has individually handled Statutory audits, Special audits, Revenue audits of various nationalized banks as well as PSU's. He also has an expertise in internal as well as statutory audit of various manufacturing companies in the field of rubber, textiles, iron & steel, chemicals, Education, Pharmaceutical, FMCG, Trust, etc.

He was associated with Bhomai & Co., Delhi before formation of the firm. He was in charge of the entire audit division of Scooters India Ltd & its 32 ancillary units on behalf of Bhomia & Co. He was also attached with Singhi & Co, Delhi during his articleship period.

He is an active social worker & is attached with Lions Club. He is a past District Governor of District 322B2 & has been awarded with various prestigious recognitions in as well as outside India.

Ph: +919831085849

vikashkedia@cabsk.com

FCA (ICAI), CPA (Australia),
ISA (ICAI), B.Com (H),
DBA (Oracle)

Supply Chain Management
(RUTGERS University, New Jersey)

CA Vikash Kedia

Vikash Kedia, presently attached with B. S. Kedia & Co. As a partner is a qualified Chartered Accountant, having experience of 15years in Audit Industry. He is leading the team of internal audit and risk management engaged in providing system improvement, process compliance and consultancy / advisory services. He has expertise in Implementation, Planning and Execution of Project and cost benefit analysis, Project Finance, Business and Minimization of overhead during and after implementation of project, Fraud and Special Investigation. He also leads the team of Project Finance Advisory Service and Forensic Advisory Services.

He has also gained expertise in the field of company law matters (ROC compliances, due diligence, mergers & amalgamations etc.). He is also providing tax consultancy with respect to company matters. He has also conducted statutory Audit of Nationalized Bank branch’s and many other listed entities.

Before getting attached with the firm he was working with Lafarge India(P) Ltd. as a management trainee (internal Audit & System Improvement) & has handled reporting under Sarbanes Oxley Act for its India business units. He had also assisted in audit for the availability of the benefits of Clean Development Mechanism (Carbon Credit). He was also associated with Ernst & Young (Management Assurance Services) during his articleship period

Ph: +919830592511

manjari.lakhotia@gmail.com

FCA (ICAI),
B.Com (H).

CA Manjari Lakhotia

Manjari Lakhotia is a qualified Chartered accountant. She is heading the team of Accounting and MIS department. She is providing accounting consultancy services with respect to entity/firm/individuals.

Before joining the firm she was previously working as an Assistant manager in Tata Teleservices Ltd, Kolkata & was in charge of MIS reporting, Audit handling, accounting etc. She was also awarded for her Excellency in team work for successful handover of Kolkata network sites to Wireless TT Info Services Limited (WTTIL). She was also associated with Singhi & Co, Kolkata as well as Rakesh Somani & associates, Kolkata during her articleship period.

Ph: +919331775777

ca.nidhikochar@gmail.com

FCA (ICAI),
M.com (H)

CA Nidhi Kochar

Nidhi Kochar is a Qualified Chartered Accountant with more than 8 years of experience in the field of accounting. She is currently associated with the firm B S Kedia & Co. as a Partner. She provides auditing and accounting consulting services to businesses and individuals.

She possesses extensive experience in the field of internal auditing for multinational corporations (MNCs). She is in-charge of the team that works for MNCs. She also has been handling the Forensic Audit with core team and has recently post pandemic have closed on few major forensic assignments of government derived organisations.

B.S.Kedia & Co One stop Chartered Accountant Firm

We provide all CA services under one roof
A perfect blend of experience and modern technology.

Graphical presention of our Work, Location and Team strength

Primary Professional area wise growth since past 38 years

Geographical work volume coverage

Team strenth building

Service Offering

We have a rigorous set of client service standards. These standards are followed throughout the firm to ensure quality service to all our clients. Our rigorous client service standards are designed to ensure that we fulfill our professional responsibilities to the satisfaction of our clients. We follow multi-disciplinary approach considering the quality control compliance through our professional staff to ensure the best service. We can do the following categories

Audit Assurance Services

  • Statutory Audits
  • Bank Branch Audit
  • Internal Audits
  • Tax Audit
  • PF Trusts
  • Stock Audits
  • Concurrent Audits
  • Charitable Trusts
  • GST Audit
  • Revenue Audit of Banks
  • Co-operative Societies
  • Green Audit

Forensic Advisory Services

  • Review & understand client's different work process and identify fraud vulnerable areas
  • Investigating unusual financial activities,
  • Review financial reports and conduct investigating interviews
  • Formulate and run different tests to evaluate & establish frauds.
  • Frame risk mitigants and risk aversion system to ensure efficient deliverable with minimum risk
  • Preparation of presentations and comprehensive reports support with relevant evidences.

Management Assurance Services

  • Evaluation of Accounting System and Internal Controls
  • Workflow and System studies of Organisations
  • Review & Audit of Internal Control and define standard of working
  • Process Audit & Inventory management
  • Stock Audit and Internal Compliance Check

Accounting and Related Consultancy

  • Accounting Systems Setup
  • Complete maintenance of accounts
  • Preparation of financial statements
  • MIS Preparation
  • Inventory Record maintenance
  • Debtors and Creditors Accounts Processing

Corporate Services

  • Incorporation of Companies in any State of India.
  • Consultancy on Company Law matters.
  • Change of Name, Objects, Registered Office etc.
  • Filing of annual returns and various forms, documents.
  • Matters including share transfers.
  • Maintenance of Statutory records and registers.

Income Tax

  • Income Tax Consultancy
  • Tax Planning
  • Advance tax estimation and deposit
  • Providing regular updates on notifications & judgments.
  • Filing Income & Wealth Tax returns.
  • Liaison with Income tax department for rectification, assessment, obtaining refunds etc.

Tax Deducted At Source (TDS)

  • Advice on all matters related to compliance of TDS/TCS provisions.

Goods and Services Tax (GST)

  • Registration & Filing of GST Returns.
  • Reconciliation & Assessment Assistance.
  • GST Audit & Review.

NRI Advisory

  • Filling of their IT Returns in India
  • Advise in appropriate Investments in India
  • Wealth creation and management in legal frameworks
  • Assist in discussion with client's off-shore consultants / tax planners to provide service

Data Entry / Book keeping services

  • Undertake Offshore data entry job
  • Manage Book keeping service of specific clients
  • Advise in managing proper books / records to corporate / trust / SME clients.

Cloud Computing Assistance

Scalable IT services over a network to multiple external clients. We are upgrading our competencies and infrastructure in order to scale ourselves to assist our existing and potential clients by facilitating the knowledge / awareness as well as infrastructure in order to leverage on minimum space / time and investments.

One stop GST Solution

Goods and Service Tax – GST – is a comprehensive tax levy on manufacture, sale and consumption of goods and services at national level. One of the biggest tax reforms in India – GST – is all set to integrate state economies and boost overall growth. Our team is pursuing to gain competitive knowledge and expertise on the subject to cater a single point solution on all GST related problems and its mitigants.

Information Systems Audit

ISA audit focuses on examination of management controls in IT infrastructure. Firms’ young partners have acquired academic knowhow on the subject and are in process of acquiring compatible degree. Firm is also tying up with technology experts for a long-term support in ISA audit.

IFRS compliance

The worldwide acceptance of the IFRS has established a common platform globally. India too adopted them, converging them with our existing accounting standards, and renaming them the Indian Accounting Standards (IND-AS). Our partner is having IFRS certified proficiency and firm is gearing to provide advisory services on IFRS, including conversion of financials as per Indian GAAP to Ind AS.

GREEN Audit

The term “Green” means eco-friendly or not damaging the environment.

This can acronymically be called as “Global Readiness in Ensuring Ecological Neutrality” (GREEN). Green accounting can be defined as systematic identification quantification, recording, reporting & analysis of components of ecological diversity & expressing the same in financial or social terms. “Green Auditing”, an umbrella term, is known by another name “Environmental Auditing”.

SOCIAL Audit

A social audit is a formal review of a company's endeavors, procedures, and code of conduct regarding social responsibility and the company's impact on society. Social audit is a process of reviewing official records and determining whether state reported expenditures reflect the actual monies spent on the ground . A social audit is an assessment of how well the company is achieving its goals or benchmarks for social responsibility. ‘social audit’ in a broader sense is a continuous process of public vigilance.

Our Remarkable Executions

We have executed several Statutory Audit and Tax Audits of Firms and Corporate clients including Listed / Non Listed Public and Private companies.

We can provide effective Internal Control Audit / review to number of companies.

Firm is also providing Financial Advisory and consultancy services to few listed MNCs which include Telecom Industry, FMCG, NBFC, Banking Industry, Education Industry, Iron & Steel Industry, Cement Industry, Textile Industry etc.

Firm has spread his wings not only in different sectors but also have been accepting different challenges w.r.t client needs. Our team have been able to help save MNC’s time and money by timely guiding on legal compliance, strictly following SOP and sharing timely reports with key observations.

In recent past, we have timely executed assignments with leading telecom player. We executed Inventory Management Services where in our findings gave impact of more than 5% to the total Inventory size of INR 5000 crore.

We efficiently managed team of 100 plus audit assistance for Pan-India execution of Inventory Audit of another telecom giant having revenue more than INR 22000 crore.

We have been able to successfully carry on Control Audit of a large MNC (Revenue crossing INR 22000 crore) consecutively 9th time in a row.

We are providing Forex Forecast Analytical service to a large FMCG company on monthly basis.

Our Inventory Audit to Homecare division of a large MNC has been appreciated by management.

We have been a Statutory Auditor of a Nationalised Bank and also executed several Concurrent Audit of various banks across India

Our findings / observations has been well acknowledged by the top management of banks.

We have provided Accounting Advisory services to various companies. This includes an E-Commerce company where in besides accounting service, we also provided Vendor Management consultancy service and Logistic Review services.

We also provided cost-benefit analysis to a successfully set project in Hotel Industry

We have executed couple of Corporate Social Responsibility Audits

Our Future Endeavour

ESG and sustainable credentials

It has also become apparent how fundamental environmental sustainability issues are to an organisations’ survival as businesses become increasingly accountable not just for their finances but for the sustainability of their operations. Environmental, social and governance (ESG) issues are becoming key concerns – and a major draw – for global investors, as their sights are fixed on sustainability and climate change, offering a widespread growth opportunity for auditing.

For many, the immediate need is about surviving the post-pandemic world, and sustainable practices may not yet be high on a firm’s agenda. It’s currently about survival, but businesses need to also consider their ESG capability and recognize that it’s something that they must focus on.

Swift digitalization

Without doubt, the pandemic has accelerated the process of digital transformation. It’s a reality that has been thrust upon the accounting world – and everyone else – sooner than expected. Compounding this, organisations are facing some huge challenges: recovering from two years of intermittent lockdowns, the very real prospect of insolvency, escalating energy prices, tax rises, living with Covid, the cost-of-living crisis and the war in Ukraine with all its global consequences.

As technological innovation continues, we’ve seemingly leapfrogged ten years in a matter of months. How can accountants help position their finance functions and in turn help their business navigate their way toward a more profitable, long-lasting future? In short, it’s about effective adoption of new technologies, looking at the entire business – the bigger picture – and focusing on staffing and building the team of the future.

An automated mindset

A decade ago, 75% of the work of a finance function was repetitive processing work, while around 25% was advisory. Those figures have now flipped as most businesses automate processes and systems and look to their finance function for deeper analysis and forecasts.

Now more than ever, it’s vital for finance functions to present themselves as profit generators rather than cost-saving centres. The demands of today’s business climate are forcing us to do more with less. Even the most crucial cost-oriented operational teams are now asked to deliver greater value toward the organisation’s bottom line. Automating time-consuming, manual tasks means freeing up accounting staff to focus on more strategic work.

Artificial intelligence (AI) is one key area of automation that is set to change the face of accounting operations, delivering efficiencies, reducing errors, and optimising workflows, while assisting professionals with real-time business decision-making based on insights driven by accounting data. Demand for AI-based accounting software has increased thanks to the sharp rise in digital payments, fuelled by the pandemic.

Payments processing is still very time-consuming and manual, so it’s easy to mess up. But with automation tools coming onto the market, real-time data is enabling businesses to have a more accurate, real-time view.

With increased automation, the finance function will have more time to focus on things such as capturing more timely payments and improved collection of other receivables such as deposits, structured payment arrangements, or any other items a business requires.

If there is anything the past two years has shown us it is the need for both finance functions and management to plan ahead to future-proof their businesses. Finance functions are well positioned to advise on risks and understand what’s needed now to ensure future survival.

Management will need a clear view of cashflow, reserves, investment, future opportunities and/or expansion plans. With increased automation, finance functions will be able to provide greater visibility at the touch of button and move on to offering more value-added advice such as how to enter a new market or introduce a new e-commerce offering.

Epilogue

B. S. Kedia & Co. brings world-class capabilities and deep local expertise to help clients succeed wherever they operate and delivers high quality services by combining the best resources.

We are unified through our core values Integrity, Sharing and Blended Learning, Respect for Individual, Outstanding Value to Market and Clients Leading Change and Innovation to develop as professional services firm providing audit, tax, enterprise risk services, financial advisory and consulting to a wide range of clients.

We are committed to develop client service objectives that will enable us to fulfil our professional responsibilities, satisfy our client's needs, and exceed their expectations.

We thrive our level best to execute the client service plan in a manner, which ensures commitments are met, potential problems anticipated and surprises avoided.

We strongly believe in innovation and provide management with insights on the current condition of their business and meaningful suggestions for improvement.

Get in Touch

MAHARASTRA PUNE GUJARAT RAJASTHAN JARKHAND ODISHA BIHAR ASSAM NORTH-EAST

Contact Info

8/1, Lal Bazaar Street,
Bikaner Building, 1st floor,
Room No.8, Kolkata-700001
P: 033-22483696 , 033-22103986 , 9831085849

Disclaimer :

Due care has been taken in mentioning the factual and correct information regarding our organisation and partners. There may have been isolated instances / activities which may have been discontinued by the firm in present scenario. Further there may have been few activities which has / may have been undertaken by partners in its other roles in past, thus the same activity / assignment may not have been directly undertaken in the firm's banner.

Our expertise should not be judged / constrained based on the details mentioned in the profile. Further, depending on our present / past clienteles agreements, we may not produce legal documents to substantiate our work. Further, we may not be able to undertake similar assignments having conflict agreement clause with our existing / potential clients.