The accounting team at R.S. Baboolal & Co. has the experience and skillset to handle the financial needs of our clients. By engaging our services you can rest assured that your financial matters will be handled with tact and careful consideration and with the confidentiality your business deserves!
Services & Practice Areas
Under the firm’s policy and procedures and the practising code or charter, we are required to provide our services in accordance with the prescribed legislation to which the Firm belongs (Trinidad and Tobago) and in compliance with International Auditing Standards (ISA), International Financial Reporting Standards (IFRS), International Accounting Standards (IAS) and other auditing and accounting principles and practices adopted and promulgated as best standards by the Institute Of Chartered Accountants Of Trinidad and Tobago (ICATT) and the Association Of Chartered Certified Accountants (ACCA).
These standards and legislation are augmented with best conventional practices and thinking and are constantly updated to reflect the true and dynamic nature of the global financial industry as it impacts upon the client and the stakeholders.
The Care and Precision You Need
Audit & Assurance
We approach the audit having obtained a firm understanding of the client's business, operating industry, regulatory environment and the risks associated therewith. This enables us to plan and perform to meet the client's expectations. Some of our services in this area include:
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Financial statement audit
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Internal audit
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Corporate reporting
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IFRS reporting
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Regulatory compliance
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Accounting advisory
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Risk assurance
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IT risk assurance
Taking Care of Businesses
Accounting & Advisory
Our approach to accounting and advisory services also includes an understanding of the client's business, operating industry and regulatory framework but also encompasses a wide knowledge of environment external to the client's business activity that may impact upon its future.
We gather, collate and analyze information necessary to facilitate timely decision making and to foster strategic planning and thinking.
Meeting your compliance obligations
Taxation
Our experienced tax team has assisted clients in several sphere's of industry including oil and gas, land holding and development, manufacturing, retail, property management, technical services, other services and asset holding among other areas.
We represent our clients' interests to the Board of Inland Revenue at the highest levels and have developed a reputation that makes taxation services one of the most sought after service that we provide.
Evidence gathering when the need arises
Fraud Examination
In today's world, organizations must continue to develop new ways to safeguard its assets and resources from fraud and other fraud components.
We have extensive experience in investigating fraud and also recommending solutions to remediate gaps in internal controls and existing fraud policies.
We assist our clients by developing and evaluating operating, preventative and detective controls to facilitate the smooth continuance of operations that safeguard's assets, brand value and our client's reputation.
Advice when you need it
Consultancy
We offer a wide range of consultancy services to meet the needs of clients operating in several sphere's of industry.
Strategic planning, cost management, risk management, budgeting and cost planning, financial advisory, networking, enhancement of supplier / customer channels to attain maximum benefit are just some of the expert consultancy services that we provide.
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We also offer extensive Legal and Regulatory Compliance and Business Process Outsourcing services leaving our clients to focus on what matters most; their business.