KM GATECHA & CO LLP – Dynamic Veterans of Financial Services


Expert financial advice from a trusted professional, with a prominent level of ethics, in tax, audit, and other statutory requirements is crucial for every business. Thus, Chartered Accountants (CAs), who works on the principles of determination, discipline, and dedication, are always trusted by people in business.

KM Gatecha & Co LLP is such a dependable name. It is an accountancy company which provides the best Chartered Accountants services. The firm is growing with the balance of excellent professionals trained under dynamic veterans.

The company aims to keep professional ethics at the highest level and client satisfaction through effective and efficient services. Thus, they are a brand to reckon with.

Run by prominent leaders like Milap Pravinbhai Gatecha, Designated Partner, and headquartered at Ahmedabad, Gujarat, KMG & Co is renowned for its team of experienced CAs and dedicated support to provide both personal and professional financial services.

In an interview with Insights Success for its latest edition of ‘The Most Valuable Non-Banking Financial Companies,’ Mr Gatecha details his unique take on the NBFC industry and his company’s role in providing trusted services year after year in this sector.

Below are the excerpts from the interview.

Please tell us about your journey at KMG & Co. LLP.

My journey started as a manager (scale- II) at the Karur Vysya Bank. I am also a certified forensic auditor. I have experience with professionally managed corporates as a consultant in accounting and auditing.

My exposures include:

  • Worked at the Karur Vysya Bank Ltd as a Manager (Scale-II), at a regional office level, as a credit processing office for one year.
  • Also performed statutory audits of two nationalized banks and one cooperative bank.
  • Also managed concurrent audit of large branches of nationalized banks.
  • In-charged with stock audit, credit audit and revenue audit of various banks.
  • Provides statutory audit services to numerous private limited companies, limited companies, and other corporations under the Companies Act, 2013.
  • Performs indirect and direct tax audit/returns, company related services (incorporation/preparation of search report, MOA, AOA/filings of returns), accounting, Tax assessment, scrutiny and appeals of corporates, firms, proprietorship, and other entities.
  • Also manages the matters pertaining to annual filings with MCA of private companies under the ‘Companies Act, 2013.’
  • Also conducted due diligence of large corporate for a project relating to slump sales.

Tell us more about KMG & Co, its vision, and the key aspects of its stronghold in the Non-Banking Financial Space.

We are prominent chartered accountants in India and designated partners in KM GATECHA & CO. We offer services in Ahmedabad and other major cities in India.

Our services include accounts outsourcing, auditing, company formation in India, business taxation, corporate compliance, starting a business in India, registration of foreign companies, transfer pricing, GST registration, bookkeeping services, MCA services, MCA filing, TAX audit services, project finance service, tax due diligence, taxation of expatriates etc.

Our firm continuously strives to be the premier accounting and consultancy firm that provides excellent service to our clients and excellent quality of life for our associates.

From a business leadership perspective, what is your opinion on the impact of the COVID-19 pandemic on the Non-Banking Financial Industry?

The COVID-19 shock hit on the non-banking financial industry. The pandemic highlights the importance of effective operational risk management. As financial services continue to recover from the crisis and strengthen risk management, the focus remains on providing excellent and effective services.

The pandemic also accelerated the take-up of digital financial services as financial institutions and reduced physical interactions. The pandemic highlights the importance of effective operational risk management arrangements before a shock hits.

What efforts did you take during the pandemic to sustain operations and ensure the safety of your team at the same time?

Being the best Chartered Accountants in Ahmedabad, we always try to provide the best services to our clients during COVID 19 pandemic; we provide necessary service from home and online.

We believe in providing extremely reliable and qualitative services within the time specified. Besides this, quick, cost-effective, and efficient service is the priority of our firm.

What is your opinion on the necessity for Non-Banking Financial companies to align their offerings with technologies like AI and ML?

Non-banking financial companies (NBFCs) have played a key role in India’s march towards financial inclusion. They have emerged as a reliable alternative to mainstream banks in India. They have played a significant role in providing solutions to the MSME (Micro Small and Medium Enterprises) segment.

As an established industry leader, what would be your advice to the budding entrepreneurs and enthusiasts aspiring to venture into the Non-Banking Financial Space?

Of the hundreds of thousands of business ventures that entrepreneurs launch every year, many never get off the ground of those who keep aspiring to venture into the non-banking financial space.

Many entrepreneurs say they are launching their businesses to achieve their goals and independence and control their destiny, but those goals are too vague. If they stop and think about it, most entrepreneurs can identify more specific goals.

How do you envision strengthening KMG & CO’s stronghold in 2022 and beyond?

The world today is changing a lot faster than it used to. Our company and our team have envisioned growing and includes experienced CAs and dedicated support to provide personal and professional financial services to our clients, enabling clients’ satisfaction through effective and efficient services.





Source

Leave a Reply

Your email address will not be published.