Unique Financial Services Ltd. - Financial Consultancy


Financial Consultancy
Feasibility Study / Market Research
UNIQUE undertakes comprehensive feasibility study for prospective investors in new ventures or expansions. The study is based on facts and figures taking into consideration, the competition, changing economic conditions, market, currency fluctuations, inflation, etc.
Accounts Writing / Finalization
UNIQUE undertakes book-keeping assignments, wherein the books are maintained on Accounting software. The service includes regular updating of books of accounts, ascertain statutory dues viz. VAT, PAYE, etc., timely payment of statutory dues, timely filing of necessary returns, updating clients on the change in laws, liaison with Auditors and other Government officials, preparing MIS reports based on client’s need, finalization of annual accounts and any other accounts related duties, specific to the client’s business.
System Study & Implementation
UNIQUE undertakes extensive system studies for medium and large size organisations where controls are the essence of success. Research undertaken by us have revealed that majority of the companies lack in proper systems which leads to: Crisis management due to non-availability of information on time Incorrect decision making due to wrong information Undetected theft and pilferage State of confusion as to authority/responsibility relationship among staff We design the system, discuss it with the management and then assist in the implementation, so that the company is free from the hazards that are prevailing in a system-less environment.
Management Information System (Reports)
UNIQUE assists in the designing of MIS reports based on the client’s need. It also undertakes the preparation of Comprehensive Accounting manual, Stores procedure manual, Systems and Controls manual, Company hand-book, Audit manual, etc. These are then discussed with the Management, modified and documented for future reference and guide to new or existing staff. Training on the preparation and use of reports is inevitable and hence comes as a package deal.
Internal Audit
The modern concept of internal auditing goes far beyond the traditional limits. It is no longer considered as a mere routine review of records. According to the Institute of Internal Auditors, U.S.A., "Internal auditing is an independent appraisal function to examine and evaluate its activities as a service to the organisation. The objective is to assist members of the organisation in the effective discharge of their responsibilities". To this end UNIQUE undertakes specialized internal audit assignments and furnishes management with analyses, appraisals, recommendations, counsel and information concerning the activities reviewed. The job does not confine to routine search for clerical errors in records but to conduct an appraisal of the various operational functions and provide advice and recommendations on the activities and operations reviewed.
Cost Analysis & Materials Management
Costing and Cost Analysis is the essence for the survival of any organisation. UNIQUE undertakes assignments viz. Setting up Costing department, Design Cost Sheets, Ascertain cost of production in varied scenarios, Prepare Cost Accounting manual, Suggest Cost control measures, Fixing of stock levels from costing point of view, etc. We have a team of Cost Accountants who advise the clients in identifying the cost element involved, correlating it to the income, analyze the contribution, segregate the cost and arrive at the route factor. Similarly our team of material managers advises the client on the management of stock and derive optimum usage, through EOQ, Stock levels and ABC Analysis.
Credit Facility Arrangement
UNIQUE undertakes preparation of feasibility study / credit application for clients intending to obtain working capital, loan, letter of credit, bank guarantee or leasing facility from Banks and Financial institutions. The approach adopted is to study the quantum of credit requirement by the client, advise on the optimal amount required based on the study of the past performance and future objectives and plans, prepare a Business Plan depending on the repayment period, discuss the application with the client, liaison with the Banks and finally review the banks offer letter from the client’s viewpoint.