Client Service Profile

ASBS & Co.

Chartered Accountants

Private and Confidential

www.asbsca.in

2

Index

a. About ASBS & Co.

b. WE over the years..

c. Innovation Funnel

d. Clientele

e. Synergy with PC Jain & co.

f. Disadvantage

g. Assignment with the Banks-NBFCs, HFCs

h. ASBS Partners’ Profile

i. Three Level Control Check Points

j. Internal Teams Best Practices

k. Reason to be your Work Partner

l. Acknowledged for

m. Contact us

3

Vision:

We have a vision to be a thought leader and service provider of choice for financial services clients seeking

comprehensive, ultra-modern risk management solutions.

We offer a complete

range of risk

management consulting

and analytical solutions

to Banks, Financial

Institutions, Corporates

and MSME clients

Founded by risk

management

professionals in

February 2013, with 3

Partners each having

10+ years of

professional experience

We are present in

Mumbai and Hyderabad

and our coverage t o

other Locations includes

entire Maharashtra, MP,

Delhi, Chennai,

Bengluru, Raipur, Bhilai,

Jaipur, Jodhpur, Udaipur

and Kota through local

CA firms tie-ups

Appreciated by the

clients for value addition

and cost benefit

About Us

1 2 3 4

Strength:

We have 2 Partners each having more than 12 year+ experience along with 4 CAs, 15 CA Finalists and Para

professionals with 100 plus adequately qualified, trained and groomed staff in Banking and Corporate environment.

*Our team is working efficiently in both Day and Night shift.

Have reached top 1000 CA firms in 5

years..(Top 2.5% of the Population)

Targeting to be among those at the

Pinnacle in next 3 years..

Recognized as a STRATEGIC

PARTNER by Executive Director.

Ground-breaking

We acquired “P.C Jain &

Co”, a 52 year experienced

firm, having presence in all

the major metropolitans.

Strategic Approach –

Synergic Moment.

Seeding out of a team

containing 2 people, we now

had 65 resources.

Stepping Stone..

With Courage, Vision,

Focus ASBS & co. was

Established..

Baby Steps...

2018

2017

2015 2013

WE over the years…..

Innovation Funnel

Research

Team

Process

Team Training Execution

• Market

Scanning.

• Eligibility &

Expectation

.

• Understandi

ng through

Trail-Runs

and

Professional

Skills.

• Value-

Addition

• Grooming to

personnel.

• Client

Relationship

Input Output

• Quality

• TAT

Are the Key

Deliverables

6

Areas of Work &

Clientele

Banks NBFC / HFC /

FI

Telecommunication

Engineering

Supply Chain Management

Direct Taxation

Indirect Taxation

ROC Work

MSME

Media

Clientele

7

P.C Jain & Co., Chartered Accountant Firm in existence from past 52 years ,

where we all together are able to create Synergy with respect to various

resources, viz ;

Synergy with P.C Jain & Co, Chartered

Accountants.

W.r.t to Area Coverage;Having Registered office at Mumbai, and branch offices at Bhopal , Indore, Pune, Ahmedabad.

W.r.t to Blend of Expertise & Experience evolved over last 52 years and Various Corporate Clientele base.

Team of enthusiastic 7 CA Partners, and Para Professional team of 80 people.

Common partners of ASBS & P.C Jain

8

Just Completed 5 Years

BUT

DIS-ADVANTAGE

Young Chartered Accountant's

Dynamic & Pro-Knowledge Team

Gave 4500 + Cr Benefit and completed 100 + Projects

Consultative Approach along with Solution Providing Attitude

Tight Communication (Internally & Externally)

Clientele Feedback

Weekly Review & Improvisation

9

Trade Finance:

Process and Format Standardization

Benchmarking with best processes

Effective Risk control Matrix

Effective Maker-Checker /Scrutinizer concept establishment

Revenue Leakage Identification and control recommendation

Letter of Credit

Bank Guarantee

Buyer’s Credit

Bills Discounting etc.

Home Loan/LAP

Loan Against

Security/Gold

Auto/CV/CE/Tractor

Loan/Agri Loan

Personal/Consumer

Finance etc.

Expert Area’s: Trade Finance and Retail Assets

Trade Finance:

Retail Assets:

Priority Sector Lending Identification(PSL Audit)

Process Enhancement and Gap Analysis

Weaker Section identification

Yield Analysis, Value Addition

DSA Payout, Vendor Audit

Benchmarking with best processes

Effective Risk control Matrix

Revenue Leakage Identification and Control recommendation

Retail Assets:

10

Assignment with Large Pvt. Sector Banks, NBFCs and HFCs

Agriculture Loan & Retail Assets portfolio;

Gap Analysis

Compliance with RBI

Compliance with Internal Policy

Revenue Leakage.

IRR Analysis

Identification of Junk & Reluctant Data

Consolidation & Cleansing activity of Product Wise & Scheme Wise.

TAT Analysis.

Credit Quality Analysis.

Delinquent cases analysis for Departmental Accountability.

Disbursement Checklist – Quality & TAT Analysis.

Operational Activity & TAT Analysis

Consultancy

Services &

Portfolio

Analysis

Departmental

Review

11

CMA (Credit Monitoring Activity)

Agriculture Loan: Weaker section – identification for existing portfolio –

Since March 2015

Agriculture Loan – PSL monthly Audit - Since Nov 2015

Agriculture Loan – CIBIL - identification for errors generated through

system - Since Aug 2015

Crop Insurance Data Capturing and analysis - Since April 2016

Form 60 Verification – Since March 2016

Assignment with Large Pvt. Sector Banks, NBFCs and HFCs

De-duplication checking - Since Sept 2013

Personal Discussion with clients(Credit Manager function) for Home

Loan, LAP & Business Loans.

DSA pay out audit (For all retail products) - Since Feb 2015

Collection pay-out and portfolio analysis – Since April 2016

PSL identification and classification (Home Loan) - Since Dec 2013

Form 60 Verification – Since March 2016

Agri-Related

Activities

Retail

12

Assignment with Large Pvt. Sector Banks, NBFCs and HFCs

Operational Risk Management

Preparation of Collection Pay-out Manual

Accounting Manual - (Of Top Private Banking Company)

Operational Manual – (Of Financial Institution)

Prepared Risk Control Matrix, Process Chart for complete cycle of Home

Loan starting from DSA initiation, Pre and post sanction to Pre and Post

disbursement of the loan till Repayment of loan, also including activities

performed by third party agency like, Legal valuation, FI etc. For Financial

Institution)

Unit Inspection for MSME clients.

Collateral Inspection for MSME clients.

Stock Audits/ Working capital Audits - Since June 2013

Operation &

Process Notes

Corporate

Banking (Incl.

MSME)

13

Assignment with Large Pvt. Sector Banks, NBFCs and HFCs

TCC (Travel Currency Card) - Dedupe

Forex and FFMC Audit

Multi Currency Travel Card Audits.(Per se RBI & FEMA Compliance)

Due Diligence of Retail Portfolio Buy-outs

Treasury & Due

Deligence

Certification work :- Infra bond issue certificate (Rs. 5700 crore)

Certification work :- Credit Card scheme (Top Spenders’ certificate )etc.

Recon with Business Correspondence for Micro Loans

General Ledger Reconciliation – for Commodity Products.

MFI Reconciliation & Certification

Death Insurance Certificate

MDR Certificate

Educational Loan Certificate

IFMR Certificate

Staff Loan Certificate

Death Insurance Certificate.. & many more

Certification

Work

14

Assignment with Large Pvt. Sector Banks, NBFCs and HFCs

Home Loan: cleaning of data for upload in Software. – Pragati Software

EDC Machine: Maker Entry Process(Data Capturing and Validation) –

Mos, Atos

Data Cleansing

activity

IFMR Audit

Process Enhancement for Retail Banking, Operation Manual.

Risk Control Matrix preparation, RSA, Flow chart, Vendor Audit

NRI Accounts and KYC Validation

Portfolio analysis and value addition

NEFT / RTGS weekly audit.

Final Sale Deed Verification.

Project Basis

15

Partner’s Profile - CA Ankush Jain (FCA, B. Com)

A Chartered Accountant with more than 10 years of experience mostly in the Banking Domain, in the areas of Risk

consultancy especially in Operational Risk, Statutory Audits, Internal Audits, Tax Audits, Certification etc.

Worked with Big 4 CA firms(Ernst & Young and Deloitte) for 5 years in Statutory Audit department and audited Large

private sector Banks, NBFC’s and HFC’s like Axis Bank, ICICI Bank, ICICI HFC, Antwerp Diamond Bank, Mizuho

Corporate Bank, ALD Automobile Private Limited, Shriram Transport Financial Services Limited. etc. covering the

following areas:

Corporate Advance and Retail Advance, NPA provisioning including review of restructured accounts

Corporate Advance (including Trade finance)(Detailed Top 200 customer analysis)

Retail Advance: detailed processes of all products and revenue analysis on various parameter covering all GL line items

Handled Merger of BOR with ICICI Bank

Basel II - CAPAD(Regulatory capital, credit risk and operational risk)

Fee Income (Merchant Banking, Syndication and Arranger-ship fees ,etc.;)

Yield Analysis, Variance Analysis, Interest Income and Fee Income Analysis

Branch audits (More than 40 branches audited for Axis Bank and ICICI Bank)

Review of Concurrent auditors’ reports

ATM reconciliation, complete cycle verification of cards, dispute mechanism review.

LFAR (Long Form Audit Report)

Accounting Manual for ICICI Bank

16

Partner’s Profile - CA Ankush Jain (FCA, B. Com)

Acted as Global Risk Consultant and provided risk consultancy across the world and rendered services to Large

Banks based out of UAE, Sri Lanka, Kenya apart from Indian banking clients

Successfully implemented RSA(Risk Self Assessment) framework for NBAD(National Bank of Abu Dhabi), largest

bank of UAE as a Risk consulting assignment work from Aptivaa for 6 months on export service agreement.

Successfully implemented IT Software for operational risk for both measurement and management aspect in

NDB(National Development Bank) of Sri Lanka and KCB(Kenya Commercial Bank)

Handled responsibility of Product in-charge for operational and compliance risk as per Basel II guidelines.

Prepared Risk Control Matrix, Process Chart for complete cycle of Home Loan starting from DSA initiation, Pre and

post sanction to Pre and Post disbursement of the loan till Repayment of loan, also including activities performed by

third party agency like, Legal valuation, FI etc. for EHFL(Edelweiss Home Finance Limited)

Valuation and due diligence assignment for Credit card portfolio of Deutsche Bank through Indusind Bank

Evaluating internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings

and implementing necessary recommendations

Actively involved in planning, understanding of business, entity level control, preparation of high quality deliverables

like Audit committee presentation, Audit strategy memorandum, Summery review memorandum etc.

Ensuring the completion of the assignment in accordance with the set budgets and timeline

Conducting reviews to ensure that audit work papers are in accordance with the audit programs and firm’s audit

methodology.

Conducting review of processes and testing of internal, operational and system controls, identification of means to

mitigate operational risk, compliance risk and financial risk

17

Responsible for entire Direct tax and Indirect tax practice of ASBS & Co.

Having an experience in Corporate Audit, Taxation and Financial Planning for more than 8 years

Executed Corporate Audits for Mid-size capital manufacturing entities and OTC listed Companies

Provided Taxation consultancy for NRI, HNI clients in India and Abroad

Handled various financial planning assignments with corporate clients for last eight years

Income tax matters i.e. income tax cases with ITO, CIT, CIT (A) and ITAT

Responsible for Company Law matters and ROC compliances

Partner’s Profile - CA Sushil Goyal (ACA, B. Com)

Three Levels of Control Check Points

Execution Level

check by Group

Leaders per se

Ground level

Quality

Median Level

Check by Team

Leader per se

Consolidation

along with Quality

& TAT

Deliverables

Final Level Check

by Partner

Review per se

Objective

Attainment and

Value Addition.

Internal Team Best Practices… Employee Grooming & Knowledge

Updation Session.

Daily To-Do, Work Done.

Weekly Time-sheet Review

Buddy Concept

Quarterly Appreciation Ceremony

On real time basis

Common dedicated

Whatsapp group is

created for eliminating

any gap in

communication, and

ensuring TAT.

Presence of;

Think Tank

Creative Team

H.R Team

Highest level of Integrity

and Professional

Alertness

Well-Qualified &

Experienced team

of Chartered

Accountant & CA

Semi-Qualified (CA

Finalist

Key Strength: - TAT

backed Qualitative

Deliverables.

.

Proficient in

Consultancy & Value

addition

Reasons to be your Work Partner

Expertise in

Banking Domain

Provided

Rs. 1800

Crore+

benefit on

B/s Level

through

identification

of weaker

section for

Agri Loan.

Identified

Rs. 1,250

Crores of

disqualified

portion out

of eligible

loan amount

under “Bond

Infra Issue

of Rs. 5700

Crore”

Process

enhancement

and speedy

calculation for

DSA Payout

for Retails

Asset

Products.

Process

enhanceme

nt for PSL –

HL to save

adverse

regulatory

remarks.

(Rs. 100

Crore +

Impact)

Gap /

Portfolio /

Credit

Analysis

Acknowledged for:

22

Thank you. Contact us...

To know more you may either visit us at www.asbsca.in

or may

simply get in touch with us

CA Ankush Jain (FCA, B. Com) (M): +91 99203 94302, (E): cajankush@gmail.com