Manufacturing
Inventory valuation, cost accounting, capital allowances and an input tax credit chain that runs across states.
Industries
Retail & Consumer
High transaction volumes, multi-state registrations, e-commerce operator obligations and inventory shrinkage controls.
Overview
Retail concentrates risk in volume rather than complexity. A small percentage error in a control that touches millions of transactions becomes material quickly, and marketplace channels add reconciliation and collection obligations on top of the direct business.
What comes up
Issues we are asked about
- Multi-state registration and place-of-supply determination
- Marketplace and e-commerce operator collection obligations
- Discount, incentive and scheme accounting
- Inventory shrinkage and physical verification controls
- Cash handling controls across outlets
Other sectors
Also frequently asked about
Technology & SaaS
Revenue recognition over time, export of services, ESOP accounting and cross-border withholding.
Financial Services
Regulatory reporting, expected credit loss, capital adequacy and a control environment under close supervision.
Advice for retail & consumer
Tell us what you are dealing with and we will point you to the person who knows the sector.