Provided accounts and audit support to a manufacturing company from Japan

Our client was part of a joint venture with a Japanese company which specialized in design, development, testing, manufacturing and sales of seating systems. They are also one of the leading suppliers of auto components in Japan. Nexdigm had supported the client in setting up their operations in India, and therefore they later approached us to handle their clean-up of accounts, monthly review of books and audit support.

We deployed lean finance and accounts team to ensure the company’s finance function is running smoothly and covering all aspects of F&A:

• Support to management in day-to-day affairs
• Clean-up of books of accounts
• Internal Control over Financial Reporting (ICFR)
• Monthly closure of books and Year-end Finalizations
• Audit Support Services

Clean-up of books along with audit support ensured that statutory audit was completed smoothly and well within set timelines. Also, a list of vulnerable areas to irregularities was prepared, and controls and procedures were implemented targeting those areas to ensure the correctness of the financial numbers. With the monthly review of books of accounts, the management has confidence and assurance that the financial numbers are reliable and transparent.