Back to Home
  • Home
  • Other Services

Litigation

Corporate Tax Return

H.K. Joon & Co. assist in:

  • Appeal Proceedings before CIT(A) as well as Income Tax Appellate Tribunal
  • Defending of taxpayers' interest
  • Mitigating the risk of penal and fiscal penal responsibility of management board members and other persons responsible for conducting the economic affairs
  • Representation of taxpayers in disputes with tax authorities and before administrative courts
  • Assistance in preparation of advance ruling application and provide support for representation before the Authority for Advance Rulings (AAR) for settling a tax position

High Net Worth Individual

  • Review of Books of Accounts
  • Tax Audit
  • Preparation & Computation of Income & Taxes thereon
  • Preparation & Submission of ITR
  • Advisory on taxation matters

Governance, Risk & Compliance

In an increasingly complex and volatile business environment, companies cannot afford to be non-compliant with regulations or ignore uncertainties. The rapidly changing business environment requires companies to innovate risk strategies.

New rules and regulations across regional, national, and international borders continue to intensify. No matter how large, small, or diversified your organization is, almost every part of it touches a complex web of constantly evolving regulations—and non-compliance is subject to enforcement actions and penalties; not to mention damage to reputational risk. It is not surprising that CEOs across the globe are more focused on managing risk than ever before.

Regulatory compliance is not just about playing defence. It also offers an opportunity to consistently strengthen your organization through strategic, proactive measures—such as best practices, employee training, internal controls, and benchmarking appropriate for your industry and size.

At H.K. Joon & Co., we aim at providing our best services in terms of governance, risk and compliance so that you get plenty of time to think and work upon other necessary tasks for business development.

Third-Party Assurance

In today's dynamic world, companies are increasingly integrated with third party suppliers, distributors, and outsourced service providers. Though third parties offer leverage for companies to market products, propel sales, and enhance customer service, with this leverage comes risk. Our key service offering includes:

Companies are unaware of the risk exposure related to the actions of their third-party providers. H.K. Joon & Co. Third Party Assurance solutions explore all angles of the business' ecosystem, thereby providing clarity so you can build trust. With the help of our team of experienced professionals and allied partners, we help our clients manage their third-party relationships and drive risk-appropriate performance.

H.K. Joon & Co. supports companies seeking to enhance the skills of their internal audit functions resulting in cost efficiency and performance enhancement.

CSR Audits

A Corporate social audit is an assessment of companies' performance on corporate social responsibilities objectives.

The CSR Committee of the company is directly responsible for monitoring the CSR policy as per companies act.

Our professional team evaluates a measurable goal intended to help the business meet the expectations that shareholder groups have regarding social and environmental responsibilities.

We at H.K. Joon & Co. ensure that CSR activities conducted by the company on which CSR is applicable lead to desired outcomes. We also ensure that the board of companies on which CSR is applicable spend a minimum of 2% of the profit on CSR activities, report the reason for any unspent amount in the director’s report and disclose its content on the company website and also ensure the accuracy of CSR disclosure.

Management and Operational Audit

Management Audit

Management audit is the audit of management i.e. evaluation of the manager's ability to manage. It is concerned with appraising:

  • Management accomplishment of organization goal
  • Management function of planning, directing, organizing, and controlling
  • Adequacy of management decision and action in attaining its objective
  • For detecting and overcoming current problems

We as an auditor conduct management audit by following certain steps:

  • Developing a management audit program
  • Conducting an audit
  • Conclusion and reporting

Operational Audit

Operational audit is the review and appraisal of operations of an organization conducted by a component independent person. It focuses more on qualitative expectation of operations rather than regular accounting aspects.

Operational audits arise from the need of managers responsible for areas beyond their direct observations to be fully, objectively, and currently informed about conditions in the units under control. Also, it enlightens the management about possible dangers, constraints, and opportunities that may be of immense value to the management.

IS Audits

IS audit is an examination of the management controls within an Information technology (IT) infrastructure. Several organizations are now moving to a risk-based audit approach which is used to assess risk and helps an IT/IS auditor to decide as to whether to perform compliance testing or substantive testing. At H.K. Joon & Co. we conduct IS Audit by planning, gathering information, and understanding internal control.

Corporate Financial Health Check-up

Projected Financial Statements

Forecasting & Planning