why choose us ?

V.NAGARAJAN & CO August 1984 – Registration No. with the Institute of Chartered Accountants of India ( FRH – 004879 N) Type of Clients Supported Developmental and Micro Finance Institutions, Non Governmental Organizations, Commercial Organizations. Area of Focus Institutionalization of Micro Finance Institutions, Community Owned Production Enterprises, Financial and Legal structuring for Micro Banking. Accounting, Audit and Assurances services. Accounting and Internal Control, System Development and Internal Audit design, Training and institution. Micro finance Software solutions, Training to Auditors of Micro finance Institutions. Governmental Clearances for Foreign Direct Investment, Reserve Bank related Exchange Control matters and other permissions. Accounting, Assurance: V.NAGARAJAN FCA -Managing Partner L.G. RAVI, FCA – at Chennai lgravi@yahoo.com A.G. SITARAMAN FCA, FCS, FCMA – at Hyderabad sitaraman@accountant.com

Brief background, working experience and nice area covered by the firm

1.The firm was established in 1984, precisely 16th August 1984 and is going to be in its 35 year of professional service in a few days.

2. It used to engage in international consulting assignments also in the above fields of specialization, in south east Asian countries. It was consultants to CGAP, (an arm of World Bank), Shore Bank International, Ford Foundation and Swiss Development Cooperation.

3. The firm, a Chartered Accountancy firm, is engaged in audit and assurance services beside taxation matters including direct and indirect taxation. In addition, it is also engaged in promoting, mentoring and supporting micro finance, inclusive finance and small micro enterprise finance companies in India.

4. Presently it has two offices, in Gurgaon and Hyderabad with three partners, four Chartered Accountants and about 26 employees and articled trainees. Both office premises are owned by its associate firm, Indus Knowlegeware Private Limited, owned by a technocrat wife a partner.

5. The company since, 1990s has been specialized in development of enterprises in Micro finance and has done a pioneering and innovative service to them and is well regarded in the industry.

Brief background, working experience and niche area covered by the firm.

6. The company has professionally, supported and created a niche for several micro finance companies and banks in India, including Bandhan, Ujjivan, BASIX group, Share group, SKS or now BFIL group, and splint away Akula group, Spandana, Sarvodya Nano Finance, SMILE and Mahasemam, Grameen Koota, IDF Finance, Village Financial Services, to a list few. So far in the past two decades it has helped to create, four micro finance investment vehicles, some 70 micro finance companies, converted into Non-Banking Finance Companies from NGOs to a profit entity, and continues to do so. As a secondary benefit to this, assurance and audit, and taxation work flow in.

7. The specific services provided include: Mentoring support, creating of accounting and operational systems and procedures, continuous audit and reporting, taxation services, financial and legal structuring of the equity and enabling flow of equity into the companies, legal clearances including RBI related, Exchange Control, Foreign Direct Investment, Equity Structuring, bringing in Indian capital through Community Based Institutions,

8. A good potential exists, in these areas to add more clients, both nationally and internationally, provided energetic partners and CAs who can learn and work.

Area of Focus:

  • Institutionalization of Micro Finance Institutions, Community Owned Production Enterprises, Financial and Legal and Capital structuring for Micro Banking, Transformation services and transition management.
  • Accounting, Audit and Assurances services.
  • Accounting and Internal Control, System Development and Internal Audit design, Training and institution.
  • Micro finance Software solutions, Training to Auditors of Micro finance Institutions.
  • Governmental Clearances for Foreign Direct Investment, Reserve Bank related Exchange Control matters and other permissions.