In response to the novel coronavirus (COVID-19), Anil Bansal & Associates has assembled an integrated COVID-19 Business Support Services. As the impact of the COVID-19 is being felt by all businesses around the world. Leaders are navigating a broad range of interrelated issues that span from keeping their employees and customer safe, shoring-up cash and liquidity, reorienting operations and navigating complicated government support programs.
COVID-19 BUSINESS SUPPORT
We believe, as detailed in Anil Bansal & Associates upcoming services those should start with
organizational purpose, potential, and perspective:
Purpose—integrating the wellbeing and contributions of individuals in the organization’s mission and work
Potential— for what can be achieved by individuals and teams, and
Perspective— with a focus on moving boldly into the future.
We will help you to better understand the potential accounting, maximizing returns, managing risk, disclosure implications for your company and ensuring the continued health of your business demands a deep understanding of changing market conditions and government policy. Timely, in-depth political and economic scenario analysis for the outbreak and the potential path(s) to recovery for individual economies is increasingly critical to business planning and commercial decisions.
Our teams are working Digitally and serving their clients with efficiency and effectiveness and we are dedicated to providing uninterrupted advice and assurance during this time. Following are the Services we are providing:
Financial Reporting:
- Help you to Better understand the potential accounting and disclosure implications as per new
- IFRS after COVID-19.
- Help you to understand What are the relevant Going Concern Consideration.
- Statutory Audits considering COVID-19 norms
- Financial Analysis and Due Diligence.
Tax & Legal:
- Tax Planning
- Tax accounting and risk advisory services
- Tax compliance
- Managing tax controversy and policy
- Tax function operations
Business Performance & Protection:
- Re-engage and redeploy the workforce to maximize their contribution and potential for rapidly evolving organizational priorities
- Rethink work, workforce, and workplaces to leverage experiences of the COVID-19 response and the opportunity to accelerate the future of work
- Reboot and realign the HR function and people operations with the most pressing business and workforce priorities
Financial Consultancy:
- Planning for improvement in working capital cycle (inventory moment and debtor cycle).
- Planning for Cost Reduction such as production cost, Employee Benefit, marketing cost, and administrative cost.
- Advisory for availing the COVID-19 emergency working capital limit provided by the banks.
- Advisory for additional working capital cycle due to COVID -19
- Restructuring of debt in case of stressed organizations.
- Digitizing the entire workspace for better efficiency and effectiveness.