A Legacy of Integrity, A Future of Innovation
At Sundaram & Srinivasan, our mission is to transform knowledge into tangible value for the benefit of our clients, our people, and the capital markets. With a rich legacy and unwavering commitment to this purpose, we deliver top-quality auditing services in full compliance with applicable statutes, along with globally consistent, multidisciplinary financial and accounting solutions grounded in deep industry expertise.
Founded by specialists in auditing and taxation, the firm initially operated from its head office in Madras, with branches in Madurai, Dindigul, Bangalore, and Srilanka. Today, our operations are consolidated in Chennai, Madurai and Bangalore, with a growing presence across India, enabling us to continue offering exceptional services to clients across diverse sectors.
Visionaries Who Built Our Legacy
Shri. T.C. Minakshi Sundaram was the visionary founder who built the firm from the ground up, cultivating strong, long-lasting relationships with a diverse and esteemed client base. A founding member of the Southern India Regional Council (SIRC) of the Institute of Chartered Accountants of India (ICAI), Shri. Minakshi Sundaram served as its Chairman during its early years in 1954-1955. He was a tireless advocate for the advancement of the professional community, particularly championing the inclusion of women in the accounting profession. In recognition of his invaluable contributions, the ICAI instituted an award in his name for the best woman student completing the Final Course.
Shri. K.V. Srinivasan, who partnered with Shri. Minakshi Sundaram in the firm’s early years, played a pivotal role in its growth and success. Later, as Chairman of several prominent industrial groups, his leadership was instrumental in driving these organizations to the forefront of the automobile industry. His visionary guidance continues to inspire both the industry and the firm’s ongoing development.
Our Vision
Walking in the footsteps of our founders, we are committed to building and sustaining the trust, respect, and confidence of our clients, regulators, and the stakeholders.
- Exceptional value to markets and clients
- Commitment in adhering to statutes
- Professional ethics and Integrity
These principles form the foundation of our vision to become a globally recognized leader in auditing and financial services.
What We Deliver Through Our Auditing Expertise
We provide the following assurances to management and stakeholders, ensuring peace of mind across key areas:
Our team is well-versed in Ind-AS provisions and global accounting practices, specializing in bringing international best practices to ensure full Ind-AS compliance for our clients.
We conduct comprehensive reviews of advance portfolios, including evaluating the Probability of Default (PD) and Loss Given Default (LGD), as well as stress testing reports.
Utilizing advanced audit tools like CaseWare IDEA 12.2 and Python (open source), we conduct thorough analysis of loans and advances.
We facilitate compliance reviews and support various merger transactions, including valuation reviews, certification, de-duplication processes, and database integration.
We facilitate the implementation and review of Income Recognition, Asset Classification, and Provisioning related to RBI circulars, including customer ID-wise NPA identification, daily NPA marking, and the NPA accounts upgradation process.
Our team conducts mandatory IFC testing as per the Companies Act 2013 requirements, ensuring robust financial control systems.
With dedicated resources, we perform comprehensive compliance reviews across RBI, SEBI, IRDAI, MCA, CBDT, and CBIC, providing assurance on adherence to regulations.
We collaborate with DISA-certified professionals to offer IT General Control (ITGC) validations and deliver services nationwide, tailored to specific client needs.
Crafting Success Through Proven Processes
Audit teams, equipped with advanced technical skills and empowered by professional skepticism, are the backbone of a robust audit. In addition, we believe that clear communication, integrity, and a deep commitment to our clients’ success are essential elements in delivering high-quality services and fostering long-term partnerships
- Audit methodologies should be rooted in solid fundamentals, guiding sound judgments and ensuring high-quality audits.
- Compliance tools help auditors meet professional and regulatory requirements.
- while cultural values promote sound judgment and objectivity
Attention to the design, documentation, and operational controls is critical to ensure the accuracy and timeliness of information used for financial reporting and management decision-making.
Integrity, honesty, proficiency, objectivity, confidentiality, professional behavior, fair business practices, responsibility to society, accountability, and sound decision-making drive our professional processes.
Leveraging Expertise in Audit and Taxation for Strategic Success
Auditing and Assurance
With decades of experience in auditing a diverse range of industries, including banking, public sector undertakings, insurance, and large corporations, we have built a reputation for delivering high-quality, reliable audits. Our team of skilled professionals is well-versed in the complexities of large-scale corporate audits, ensuring thorough, accurate assessments. This expertise has helped us establish long-standing, trusted relationships with major industry players.
Banking and Taxation
With extensive experience in bank audits, our team is highly proficient in banking regulations and specialized in the taxation aspects of financial institutions. We have successfully represented numerous banks in taxation matters, even at the Income Tax Appellate Tribunal level. Our expertise also includes conducting special audits for regulatory bodies, ensuring compliance and accuracy in complex financial operations.
