Resources
Engagement Resources and Reference Material
Practical reference material explaining how Navrang Global Advisors structures engagements: onboarding steps, the information typically required, supported accounting systems and a glossary of frequently used finance terms.
What engagement models are available?
Most engagements are monthly and recurring, covering an agreed accounting and reporting cycle. Advisory work such as project finance or credit rating preparation is usually scoped as a defined assignment. Pricing depends on scope, transaction volume, complexity, reporting requirements and engagement model, and is proposed on a tailored basis.
How onboarding works
- 01
Consultation
Discuss the business, current financial processes and the outcome required.
- 02
Scoping
Agree deliverables, cadence, responsibilities and the engagement model in a written proposal.
- 03
Access setup
Set up secure access to accounting systems and agree how documents are shared.
- 04
Transition
Review existing records, address open items and agree the first reporting cycle.
- 05
Steady state
Run the agreed monthly cycle with review checkpoints and defined reporting output.
Information typically required
- Prior period financial statements and trial balance
- Access to the accounting system in use
- Bank and credit card statements for the period
- Sales and purchase records or invoice repository
- Payroll summaries, where applicable
- Loan, lease and other significant agreements
- Entity registration and statutory documents, where relevant
Systems supported
- QuickBooks
- Xero
- Zoho Books
- Microsoft Excel
- Power BI
- Google Workspace
Glossary of finance terms
- Month-end close
- The process of finalising a period's accounting records, including reconciliations, accruals and review, so reports can be issued.
- Bank reconciliation
- Matching accounting records against bank statements to confirm that every transaction is recorded once and correctly.
- MIS
- Management information system reporting: a periodic pack of financial and operating metrics prepared for decision-makers.
- Working capital
- The funds tied up in day-to-day operations, primarily inventory and receivables less payables.
- Financial model
- A structured, assumption-driven projection linking operating assumptions to profit and loss, balance sheet and cash-flow outcomes.
- CMA data
- Credit Monitoring Arrangement data: historical and projected financials and ratios in the format commonly requested by banks in India.
- Debt serviceability
- The assessment of whether projected cash flows are sufficient to meet interest and principal obligations.
- Input tax credit
- Credit for GST paid on eligible business purchases, set off against GST payable on supplies, subject to conditions under law.
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