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RERA Advisory Services

The increasing complexity of financial reporting and rapid changes have led to a significant increase in demand for expert accounting advice. The financial reporting challenge is driven by developments in the financial reporting environment, with significant changes across many areas, and further waves of change expected in the coming years.

Our focus is on providing technical accounting advice to our clients that is practical and commercially astute. We provide expert support when preparing financial statements from simply helping clients to get ready for an audit to undertaking the complete preparation of their accounts.

We can help client organizations deal with the accounting considerations involved in new regulatory compliance initiatives, including new accounting standards or regulatory pronouncements. We can also assist clients in fulfilling capital market expectations of reliable, transparent and detailed financial information. We advise on improving systems and processes to create an appropriate balance between performance, risk and control while delivering accurate and timely information to significant stakeholders. We provide training strategies to corporates on a wide range of accounting topics like IFRS, US GAAP and Indian GAAP. Such training is also augmented by workshops where we focus on specific company issues and implementation challenges. In the world of an ever-evolving accounting environment, our experienced team of professionals can help ensure that your financial reporting obligations are fulfilled. Financial statements are the ultimate report card of a company’s fiscal performance. They enable owners and managers to pursue their business objectives, whether they are raising capital, acquisition, divestiture or restructure. Therefore, every business activity, through the company’s lifecycle, impacts the financial statements and hence needs to be carefully examined and analysed.

Registration of Promoter: We help the client in understanding the applicability of Real Estate (Regulatory andDevelopment) Act, 2016, the documentation requirement and understanding of the provisions of law.
Registration of Real Estate Agent: It is compulsory for all the real estate agents dealing with a project coveredunder the act to get registration under Real Estate (Regulatory and Development) Act, 2016. Our team worksefficiently to get you registered under RERA.
RERA compliance: We help our clients in fulfilling all the compliances required under the Real Estate (Regulatoryand Development) Act, 2016.
Certification by Chartered Accountant in practice: We provide all the certificates required under Real Estate(Regulatory and Development) Act, 2016 be it Certificate for ongoing projects or for withdrawal of money fromseparate bank account.
Preparation and Maintenance of books of Accounts of Promoters and Agents:It is mandatory for everypromoter and agent under RERA to prepare books of accounts in the prescribed format. We provide professionalhelp in maintenance of the books of accounts as per the requirement of law.
Auditing of books of accounts as prescribed under the Act:The new act makes it mandatory for all thepromoters and the agents covered under RERA to get the books of accounts audited every year by a charteredaccountant in practice.
RERA grievance and complaints filing: We also provide assistance in filing of complaints to the Real EstateAuthority or the Appelate Authority by the allotees, promoters or the agents and help in getting reliefs andcompensations as per laws.
Replies to complaints: We also help the client in filing replies to any complaints made against them under RealEstate (Regulatory and Development) Act, 2016. We also represent on behalf of the client in the RegulatoryAuthority and Appelate Authority in case of any proceedings.
Other related matters: We assist our clients in complying with the end to end compliances required under theReal Estate (Regulatory and Development) Act, 2016.

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RERA Advisory Services

Have a question? write to us at contactus@akord.in