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Parveen Lokwani & Co.

Verified Business
This business is verified by Sulekha Team.
Dadar West, Mumbai, 400028
Business ratings 5.0/5 Based on 4 reviews
Sulekha score: 5.6Closed - Opens 10:00 AM

PAVEEN LOKWANI & CO. Chartered Accountants Firm’s Profile PARVEEN LOKWANI & CO. - What We Are Founded by Mr. Parveen Lokwani in the year 2016, we are a young and vibrant firm providing innovative and effective business solutions to our clients. We provide entire gamut of Accounting & Audit Services, Taxation (Direct and Indirect) and Business Advisory Services. Within a short period, we have grown to achieve with a wide network of like-minded independent professional firms and service providers committed to provide excellent client service. We attribute our success to quick response to client needs, personalized proactive service, comprehensive capabilities, regular internal reviews and strategic planning to enhance management decision process. VISION To be a respectable organization backed by high ethical values and standards, socially accountable and responsible, contributing to sustainable economic growth of society . MISSION STATEMENT To provide timely, proactive, innovative and independent assurance, financial and tax services to businesses. Understanding that serving our clients is the reason we are here, has been fundamental in the firm's growth and success. Why PARVEEN LOKWANI & CO. (PLC)? At PLC we strongly believe in establishing long term relationship with the clients. Starting right from the introductory meetings we would endeavor to make you feel the difference in the quality of service that you can expect and shall receive at PLC. To us every client is equally important and when they repose their trust in us, it becomes our bounden duty to serve them with utmost care and the highest level of professional competence. In a nutshell, our strength lies in our versatility – wherein you would experience being served personally by a senior member as if you have engaged the smallest of accounting firms and yet he can draw upon the vast experience and skills of various partners and firms’ professionals to ensure that he is able to provide you with all round solution which is second to none. Our Values, Goals and Methodology Building trust and relationship is paramount in all our actions. We firmly believe that integrity has no substitute. We are constantly in pursuit of par excellence. To be the frontrunners in our field is a burning desire. Top end quality of our client deliverables is a commitment we have made to ourselves and we travel the extra mile to achieve it. Every assignment at PLC is under the direct charge of an engagement founder whose responsibility is to be a mentor, guide and supervisor to the engagement team. Every member of the engagement team is encouraged to be innovative and research oriented. Team members are not only hard working but are intelligent working professionals. Be it the audit reports, the tax strategies or the advice – we are always one step ahead in the process. Each process of an assignment is subjected to critical evaluation with a fault finding objective to ensure that the client deliverables are top notch, error free and the best in class. CA PARVEEN LOKWANI- FOUNDER He is an associate member of the Institute of Chartered Accountants of India, since 2015, Post qualification he has worked with reputed chartered firm in Mumbai. During his tenure with the firm and his practice thereafter, he has gained vast experience in Trust Audit, Financial Management, Corporate Audits, Direct and Indirect Taxes, Management Support Services, System Development in ERP Environment, he has obtained diversified experience in services to Trust, Co-operative societies, industrial, commercial, automotive and individual clients relating to Audit, Business Development, Taxation & Corporate Consultancy . “Parveen Lokwani is a strong source of inspiration for young professionals. He has extensively worked and successfully handled various audit engagements like statutory audits, Trust Audit, IFCR Audits and various Business Restructuring services and taxation matters”. Our Services Our service offerings include audit and assurance, tax and regulatory, business advisory for domestic and global businesses of all sizes. We offer a range of solutions which are ideal, practical, innovative and at par with the best that our clients would expect. 1. Tax and Regulatory Direct and Indirect Taxes Direct taxation in India broadly refers to the Income Tax and Wealth tax laws which involve personal tax, corporate tax, minimum alternate tax, capital gains tax, international tax and transfer pricing and Indirect taxation refer to GST We offer services in each of the above mentioned areas of tax and regulatory compliance. 2. Audit and Assurance Our audit and assurances service offerings are based on a complete understanding of the clients’ business specifics, industry peculiarities and the applicable laws. The audit approach is based on the compliance issues, the nature and requirement for audit, the clients’ requirement and key risk issues involved. Our audit and assurance solutions range from statutory audits, internal audits, tax audits, transfer pricing audits, management audits, concurrent audits etc. The audit deliverables range from reporting for statutory compliances to enhancing the client’s business financial and operational performance. 2.1. Trust Audits We conduct the Trust audit of various charitable association includes education society, religion trust, General public awareness and benefit trust. We ensure that proper compliance of trust act should be followed with the lineup of trust main object and aims. 2.2. Statutory Audits We conduct statutory and regulatory compliance audits for filing of annual or periodic financial results. Statutory audits are aimed at achieving compliance with regulations, assessing the strength of controls, confirmation of accounting treatments of recorded transactions, independent review of reported information and preparation of accountants’ report. 2.3. Internal Audits The internal audits are conducted with varying client requirements but essentially the objective thereof is to provide assurance on controls and processes. 3. Corporate Law Services PLC offers corporate law and secretarial services in fields ranging from incorporation of corporate entities, assistance in maintaining prescribed records, convening and conducting meetings of the Board of Directors and shareholders, statutory filings with the MCA and advising and representing the clients in corporate litigation at Company Law Board matters through an in-house qualified company secretary. 4. Advisory Services PLC offers multi disciplinary advisory services to clients in its main areas of practice i.e. taxation and regulatory, audit and assurance and company law. Besides the firm also offers advisory solutions on partnership and LLP laws, societies and trusts laws, exchange control regulations, employee benefit regulations etc.. Our advisory services deliverables are based on gaining an understanding of clients’ query, thorough research on the subject, in-house threadbare discussions on all possible solutions, considering myriad options, application of knowledge and past experience on the issues and providing an informed opinion on the query. 5. Finance and Accounting Outsourcing Services The finance and accounting processes of businesses are getting complex and challenging with more and more regulatory pronouncements and standards coming into effect. Corporates are outsourcing various finance and accounting processes with a view to streamline respective processes and obtain consistency, uniformity and stronger controls. We at PLC offer accounting and related processes services to clients who either do not wish to create their own capabilities or are looking for competitive and professional solutions to their accounting and related processes. A large number of multinational clients prefer to outsource various accounting and related processes in order to save on costs and the avoid taking responsibility of engaging multi level full time finance and accounting professionals. Our approach to outsourced assignments involves gaining a complete understanding of clients requirements which forms the bedrock of assignment implementation plan, designing process plan, assessing resource requirements, deploying adequate resources, performing the desired functions, constant monitoring by Team leaders, generating client deliverables and timely client reporting. All engagements are lead by a Partner to ensure quality assurance. Our Offices Our offices are easily accessible, but should you so desire, you may contact us over phone or emails. Alternatively, we can travel to meet you in the location of your choice. Mumbai Office No.61, 1st Floor, Kings Krest Building, Next to Shree Ram Mandir, Near Kabutar Khana, Dadar (W), Mumbai 400028 E + caparveenlokwani@gmail.com T + 7756949267/8329806141 The document provides general information about PLC, its people and its service offerings. Should you desire any further information about us, please feel free to revert at caparveenlokwani@gmail.com

Arun from Mumbai

"Prompt service to the customers satisfaction "

sudha from Mumbai

"Very pleased with responses I got from Parveen. My good wishes and blessings with this firm to reach at point where people like me should have to take appointment in advance and the firm reaches to the point that 1-2 months may full and one should get appointment accordingly. Best Of Luck!!!!"

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Prakash J Waghela & Co

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Dadar West, Mumbai, 400028

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