Audit & Assurance, Financial and Business Advisory
SMRC highly value its clients and provides strong commitment to adhere to the assignment. Our experienced professionals and industry-specific experts put their best efforts to understand the client needs and help them to grow with necessary guidance, training and conflict management. Our goal as a trusted advisor is to provide insightful advice to enable our clients to make informed financial decisions. We strive to assure and maintain integrity and confidentiality of our clients’ financial records and information that they expect from us.
Our Audit & Assurance, Financial and Business Advisory Services include:
Audit & Assurance Services
SMRC provides high quality independent audit and assurance services to its clients. Our partners count each engagement with utmost importance and ensure the quality of reporting to earn the trust of stakeholders. Our professionals are highly skilled and trained to understand the clients’ business and fundamental practices, and keep updated about International Accounting and Auditing Standards, applicable laws and regulations of the related regulatory bodies and the country. Our independent audit opinion, competency, proven value-added services have gained clients confidence at an expected level.
Audit & Assurance Services include:
Accounting & Financial Consultancy Services
Financial Discipline
Business Valuation
Business is like a living organism and determining the value of a business or a component of it surpasses the task of
attaching a number to it and requires consideration of all the influencing variables. We can be handy to both buyer and
seller side in the context of a business transaction, by valuing a potential target for buyers as well as valuing the
intending seller’s business for prospective buyers. We can also address the specific needs of other stakeholders such
as investors, lenders, authorities etc. through valuations of tangible assets, intangible assets, intellectual properties,
and liabilities; valuation for tax purpose; determination of fair value and appraisal of investment proposals.
Merger and Acquisition
Provide best-in-class merger & acquisition (“M&A”) advisory solutions
for its clients in buying, selling or consolidating companies across all industries in Bangladesh. For the buyers/sellers, LB
would assist in
Capital Market Investment
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.
Our capital market experts provide advisory services to individual as well as institutional investors by exercising risk
minimizing approaches with a view to maximizing return.
Business Advisory Services
SMRC
has been established by internationally experienced
professionals with the intention to identify and unlock potential
avenues for innovative ideas in business and setting up IT and industrial
project to support the environment and develop the economy. We do
provide business plan, setting up business automation strategy,
accounts, cost management and arranging finance from local and
foreign banks/financial institutes. We assist companies and individuals to establish business operation in Bangladesh including subsidiary
formation, operating agreements, licensing and establishing relationship with banks, vendors, customers with our virtual stakeholders.
Whether a business wants to raise capital for investment purposes, grow through
acquisitions or realize its value through sale, our team of financial consulting
specialists can assist at every stage. We can provide confidential expert advice on a
whole spectrum of financial advisory and planning services from raising funds to
deployment like corporate finance, portfolio management, loan syndication, cost
control & reduction, capital market investment, audit & tax services, debt
advisory, risk management & participation, IT & strategic planning.
Tax Advisory Services
Tax Service
SMRC's
tax practitioners provides comprehensive tax advice to clients
operating in Bangladesh. We offer business tax and personal tax
services to a wide range of clients, from multinational organizations and
SMEs, to private individuals and family businesses. Our tax advisers will
work with you to develop effective solutions to tax planning and tax
compliance, offering cost-effective support and minimizing risk.
VAT Service
Customs Duty Service
The movement of goods across the globe is increasingly complex.
Customs and Excise Duty may be payable on goods brought into
Bangladesh from different parts of the world. Knowing which goods are
affected, while staying on top of regulatory change, is crucial, as there
are high penalties and commercial costs for non-compliance. Rates of
duty vary according to types of goods and their classification. This
means it is a direct and often substantial cost to a business.
Understanding how these taxes affect your operations is paramount.
At
SMRC,
our dedicated Trade and Customs team and global network of
specialists can help. We’ll advise on efficient trade operations and
optimized supply logistics. This will give you confidence in your risk
management and regulatory trade compliance arrangements.
How can we help?
We work with manufacturers, distributors and retailers to
increase efficiency by:
Corporate Secretarial Services
At
SMRC,
we assist our clients to comply effectively with the
requirements of the Companies Act and relevant legislation
applying to local and foreign companies, partnerships and
other business entities.
In addition to company formation, branch registration,
business licenses and compliance with Companies Act, we can
take appointment as company secretaries, attend board and
shareholder meetings, act as independent scrutinizer, E-voting,
prepare and distribute minutes’ resolutions.
Our team of company secretarial staff is comprised of qualified
Chartered Accountants, Chartered Secretaries and lawyers
who can provide a range of advice on corporate transactions,
capital market authority requirements, employment, labor
laws, business license and permits.
IT Governance World
At Modern technology base complex business environment is
comprised of hybrid and multi-cloud networking, multiple
ERPs with diversified features and automation spectrum such
as Artificial Intelligent, Robotic process, Machine learning etc.
being experiencing severe challenges due to cyber threats that
costs trillion dollars for corporate houses around the world,
and hence
Cyber Security Audit Services
getting popularity
with utmost demand that
SMRC's
proficient and experienced
professionals (both locally and internationally) are bringing at
our clients door steps. Our other IT related services include:
IT / IS Audit
IT Audit
Automation monitoring & management and general computer controls are key to safeguarding assets, maintaining data integrity, and the operational effectiveness of an organization.
IS Audit
Information System Audit, is an examination of the management controls within an Information technology (IT) infrastructure. The evaluation of obtained evidence determines if the information systems are safeguarding assets, maintaining data integrity, and operating effectively to achieve the organization's goals or objectives.
IT Risk Management Services
Organizations’ today are under ever increasing pressure to comply with regulatory requirements, maintain strong operational performance, and increase shareholder value. In this hyper-competitive environment organizations can no longer afford ad-hoc security measures. Protecting intellectual property, sensitive customer information, and other business-critical information requires a comprehensive security strategy that closely matches business objectives.
Our security practice is dedicated to providing you with world class security advice. This advice is based on our global knowledge and experience of providing security consulting services governing strategy, design, configuration, and assessment of enterprise security together with identifying/accessing management solutions to our non-audit clients. We provide security and risk services to both audit and non-audit clients in Bangladesh.
Data Protection Services
Organizational compliance requirements vary depending upon the industry as well as the nature of the business and its customers and employees. When data breaches happen, organizations can risk incurring lawsuits, fines, regulatory sanctions, and reputational damage. As organizations increasingly adopt highly complex and collaborative business models predicated on the sharing of sensitive information (most notably personally identifiable information), the focus on privacy and compliance continues to rise in proportion to the legal, regulatory, and reputational risks associated with such business practices. In response to this threat we can assist to protect sensitive data. Our key service offerings include:
Disaster Recovery Planning (DRP) Services
DRP encompasses any activity proactively executed focusing exclusively on the recovery of technology infrastructure (hardware, software, data communications, telecommunications, electronic information assets) from a disaster event and ensuring continuity of operations at established service levels.
We provide a holistic framework for enterprise survival planning to deliver a reliable, resilient, secure, and performance-driven enterprise environment to meet current and future business needs.
Penetration Test
A penetration test, colloquially known as a pen test, is an authorized simulated attack on a computer system, performed to evaluate the security of the system. The test is performed to identify both weaknesses (also referred to as vulnerabilities), including the potential for unauthorized parties to gain access to the system's features and data, as well as strengths, enabling a full risk assessment to be completed.
Website Design
Web development broadly refers to the tasks associated with developing websites for hosting via intranet or internet. The web development process includes web design, web content development, client-side/server-side scripting and network security configuration, among other tasks. Web development is also known as website development.
Software Development
Software development is the collective processes involved in creating software programs, embodying all the stages throughout the systems development life cycle (SDLC). SDLC methodologies support the design of software to meet a business need, the development of software to meet the specified design and the deployment of software to production. A methodology should also support maintenance, although that option may or may not be chosen, depending on the project in question.