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Startup Solicitors • Company RegistrationTrademark FilingIncome Tax FilingGST RegistrationGST Return FilingTax ManagementTax CompliancesTax PlanningImmigrationCompliance ManagementPrivate Limited Company RegistrationLLP RegistrationOnline Company IncorporationMSME RegistrationDigital SignatureStartups in IndiaRegister your StartupTaxation LawyerCorporate Lawyer

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Service Details

Accounting & Internal Auditing Services

Home / Accounting & Internal Auditing

At Startup Solicitors, we specialize in accounting and internal auditing services for startups, small businesses, and foreign subsidiaries operating in India. With years of expertise in bookkeeping, Financial reporting, payroll management, and compliance, we ensure that your business runs smoothly, remains audit-ready, and complies with all Indian and international accounting standards.

Our mission is to help businesses maintain Financial accuracy, transparency, and efficiency while reducing risks and improving operational performance. Whether you are a new entrepreneur, an established enterprise, or a foreign company entering India, we provide end-to-end solutions to support your growth.

Core Accounting & Auditing Services

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Outsourced Accounting Services

We offer outsourced accounting services in India, designed especially for startups and foreign subsidiaries.

  • Daily bookkeeping and ledger maintenance
  • Accounts payable and receivable management
  • Preparation of balance sheets and financial statements
  • Bank reconciliation and compliance checks

Why outsource? Outsourcing accounting allows you to save time, reduce costs, and focus on your core business while our experts handle your financial records with precision.

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2

Internal Auditing Services

Our internal audit solutions go beyond compliance. We help you identify risks, strengthen internal controls, and uncover inefficiencies.

  • Fraud detection and prevention
  • Risk assessment and mitigation
  • Process evaluation and improvement
  • Recommendations for financial efficiency

Key Benefit: A strong internal audit ensures business transparency, stakeholder trust, and regulatory compliance.

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3

Payroll Management

We provide end-to-end payroll solutions that are 100% compliant with Indian labour laws.

  • Salary calculation and disbursement
  • Statutory deductions (PF, ESI, TDS)
  • Preparation and filing of returns
  • Employee compliance management

Guarantee: This ensures employees are paid accurately and on time while your business avoids penalties.

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4

Financial Reporting & Compliance

We prepare financial statements that align with both Indian GAAP and IFRS standards, ensuring global acceptance.

  • Profit & Loss statements
  • Cash flow analysis
  • Consolidated reporting for subsidiaries
  • Investor-ready compliance reports

Perfect for: Foreign investors, multinational subsidiaries, and growing businesses.

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5

Audit Assistance & Support

We provide full support for all types of audits with expert coordination and documentation.

  • Statutory audits (Legally mandated financial audits)
  • Internal audits (risk and control assessments)
  • Management audits (business efficiency evaluation)

Our Promise: Our team coordinates with auditors, prepares documentation, and ensures a smooth and stress-free audit process.

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Why Choose Us for Accounting & Auditing in India?

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Expert Guidance

Qualified accountants and auditors with years of experience in India and global markets.

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Tailored Solutions

Customized strategies for startups, SMEs, and foreign companies.

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Regulatory Compliance

100% compliance with Indian tax laws, Companies Act, and international standards.

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Technology-Driven

Use of advanced accounting software like Tally, QuickBooks, Xero, and Zoho Books.

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Fast, Reliable, and Transparent

Process management.

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End-to-End Support

From bookkeeping to audit assistance – we cover all aspects of Legal management.

Our Strategic Accounting & Auditing Process

We follow a structured, transparent process to deliver exceptional financial services. Our approach is designed to provide clarity, ensure compliance, and empower you with the data you need to make informed decisions.

1

Initial Consultation & Needs Assessment

We begin with a detailed discussion to understand your business, challenges, and goals. This allows us to tailor a financial strategy that aligns perfectly with your vision.

2

Customized Plan & Onboarding

Based on the assessment, we design a customized service package. Our seamless onboarding process ensures a smooth transition of your financial data to our systems.

3

Execution & Risk Management

Our expert team executes the agreed-upon services, from daily bookkeeping to internal audits. We proactively identify and mitigate financial risks to safeguard your assets.

4

Reporting & Strategic Advisory

You receive regular, easy-to-understand financial reports. We also provide strategic advisory and virtual CFO services to help you interpret the data and plan for future growth.

In-House vs. Outsourced Accounting: Which is Right for You?

Deciding between an in-house team and outsourcing is a critical decision. Here’s a comparison to help you choose the best model for your business in India.

Factor In-House Accounting Outsourced Accounting (Startup Solicitors)
Cost High (salaries, benefits, overheads) Cost-effective (pay only for services needed)
Expertise Limited to the knowledge of your staff Access to a diverse team of 50+ financial experts
Scalability Difficult and slow to scale team up or down Flexible and easily scalable as your business grows
Technology Requires investment in software and training Includes access to latest accounting technology
Focus Distracts from core business activities Allows you to focus 100% on your business growth

Frequently Asked Questions (FAQs)

Auditing Services India
1. What is the process for outsourcing accounting for foreign subsidiaries in India?
We first understand your business model, then set up a compliant accounting framework. From data entry to Financial reporting, we handle everything while ensuring adherence to Indian GAAP, Companies Act, and tax laws.
2. How can internal auditing benefit my company?
Internal auditing helps you prevent fraud, improve Financial accuracy, strengthen internal controls, and enhance operational efficiency. It’s an investment in business sustainability and transparency.
3. What types of audits can you help with?
Statutory Audit – Ensures compliance with Indian Financial requirements.
Internal Audit – Reviews and improves business processes.
Management Audit – Evaluates efficiency of management policies and decision-making.
4. Do you provide customized accounting packages?
Yes. We create flexible packages depending on whether you are a startup, SME, or foreign company. You only pay for the services you actually need.
5. What are virtual CFO services?
Virtual CFO services provide you with high-level financial strategy and oversight without the cost of a full-time Chief Financial Officer. Our experts can help with budgeting, forecasting, cash flow management, and investor reporting.
6. How do your services help with risk management?
Our internal audit services are designed to identify financial and operational risks early. We assess your internal controls, identify vulnerabilities, and provide a clear roadmap to mitigate risks, prevent fraud, and ensure robust corporate governance.

Boost Your Business with Professional Accounting & Audit Services

Partnering with us means more than compliance – it’s about gaining a strategic Financial partner. Our services help you:

Contact us today to learn more about how our accounting and auditing services in India can add value to your business.

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