Risk management is not the responsibility of a single individual or a department - it is the responsibility of everyone, from the chief executive to the accountant. Corporate failures in the past have been attributed to lack of accountability, strategy and transparency.

Tougher expectations from regulators and other stakeholders now mean that corporate and financial institutions should demonstrate better discipline, control and responsibility. Failure to keep on top of and comply with existing and emerging regulations could jeopardize reputations and livelihoods. How robust is your governance, risk and compliance programs?

Financial risks have probably never been more acute. Capital reserves, credit portfolios, investment policies and capital and debt profiles all demand constant scrutiny to adequately manage and mitigate risk.

Companies should also be vigilant about risks presented by suppliers. A counterparty who defaults on a contract, or whose business collapses, can have serious financial and reputational ramifications for connected parties.

Fraud risks can also increase when cash is tight. Some employees become more opportunistic — and external hackers more resourceful. They find security lax in areas of the business that used to be better resourced … and they strike. Are your systems and policies sufficiently robust to ward off the risk of fraud?

At the same time, many companies are more likely to pursue litigation for losses that they would otherwise endure in more prosperous times. Disputes arise as they seek to apportion blame to other parties for inappropriate or negligent behavior that results in financial or business loss. Could you end up as an instigator or a defendant in a litigation case?

With these demands, internal audit is, in many companies, often elevated from pure compliance to a function that regularly reviews the risk profile for emerging risks and identifies trends as it keep its finger on the pulse of business performance. The chief risk officer, meanwhile, becomes increasingly involved in strategic decision-making where the emphasis is as much on risk as it is on growth.

Fortify your business – Our professionals provide the experience to help companies stay on track and deal with risks that could unhinge their business survival.

Some of the Risk Advisory Services we provide include:

• Internal audits and management audits
• Internal Controls Over Financial Reporting
• Business Risk and technology risk reviews
• Review and restructuring of internal reporting mechanisms (‘MIS’)
• XBRL reporting
• IND AS Convergence & Advisory
• Business Support Services

Our teams serve clients in diverse industries including manufacturing, financial services, telecommunications, information technology, healthcare, media & entertainment and consumer businesses.

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Consark’s financial advisory practice assists clients in planning and executing mergers, acquisitions, capital raising and in restructuring, with a focus on enhancing stakeholder value creation.

We work with clients to initiate, assess and analyse transactions, highlighting the value drivers, risks and opportunities in the deal.Consark’s corporate finance professionals work with the company’s board and leadership on corporate growth and investment strategies, mergers and acquisitions, capital raising strategy (equity and debt – private or public) and other strategic alternatives.

We advise and execute transactions across the deal lifecycle and work with our other service lines closely to ensure holistic support. We help in structuring the deal, in designing mechanisms for presenting the deal to the marketplace, in managing the transaction process, and in negotiating and help secure the optimal terms for a successful closing. Our work involves identifying strategic and financial investors/partners, negotiate with the concerned parties, assist in due diligence (financial, tax, vendorassist), deal structuring, integration planning and synergy assessment and post deal support.

From underperforming businesses, to those in distress, Consark’s restructuring professionals work alongside management, stakeholders and lenders to help make real improvements to cash flow, profit and loss and the corporate balance sheet.

One of the key measures of our success is the achievement of stakeholder value maximization and the success of the business transactions for you

Our Corporate Finance Services Include:

• Mergers & Acquisitions Advisory
• Strategic alternatives for shareholder value maximization
• Advisory in Sale or Divesture
• Capital Raising – Private Equity & Debt
• Business Modeling
• Strategic & general corporate advice

Our Transaction Services include:

• Acquisition Due diligence
• Vendor Due Diligence
• Vendor Assist
• Bid Support
• Data Room Support

Our Valuation Services Include:

• Business Valuation
• Intangible Asset Valuation
• Dispute Resolution Support

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Business Tax

Consark delivers a comprehensive, practical approach to tax planning that helps businesses meet their tax and statutory responsibilities while identifying tax planning opportunities and providing specialized services to achieve cost efficiencies in line with the company’s risk profile. We believe that the most defensible tax strategies are aligned with the company’s operations and integrated with the overall business plan. This service not only covers advice in respect of tax positions, but also transaction advisory services relevant to consummating mergers, acquisitions and re-organizations.

Compliance

The tax authorities keep abreast with the growing complexities and sophistication of business transactions. Our professionals have both the experience and the acumen to guide clients through tax proceedings in a resultoriented manner. Consark brings a strong combination of tax and legal knowledge to provide clients with comprehensive guidance across a broad range of critical business issues.

Transfer Pricing

With increasingly complicated group structures both in the national and international economies, transactions between associated enterprises are being looked at with highest scepticism by tax officials across the world. Our transfer pricing practice not only aims at ensuring compliance with Indian tax laws but also proactively studies your organization/group and aids in the process of planning transactions between associated enterprises in a tax efficient and compliant manner.

R & D and Government Incentives

Consark helps clients lower the effective cost of doing business locally and globally by optimizing cash incentives that are available retrospectively and those that are based on future investment plans. Our specialists work closely with a Quality Assurance team which reviews deliverables and computations to evaluate whether the respective rules and other criteria are properly applied and that the full scope of qualifying costs is considered. We provide more transparency and ensure compliance with regulatory changes through the application of global solutions and deep tax technical expertise worldwide.

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A comprehensive audit process is essential to extend credibility to the financial information that stakeholders need to make sound business decisions. Our practice provides assurance services which include amongst others, conversion of accounts to those complying with US GAAP and IFRS, and specialized audit services including detailed investigations, audit support functions including liaison with statutory auditors, etc.

Our audit services extend beyond the conventional/traditional financial reporting function. We take time to understand the client’s business & its needs and blend this with our sectoral expertise to add value. Seamless integration of business facts with experience allows us to identify major risks and opportunities that may distinguish between a roaring success and a complete disaster.

Assurance services are carried by firms registered with respective local governing bodies. The firm in India is registered under the Institute of Chartered Accountants of India and has been peer reviewed

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