COST & MANAGEMENT ACCOUNTANTS

Financial clarity.
Confident decisions.

A trusted professional firm delivering specialised expertise in Costing, Finance and Taxation. We combine analytical depth with practical business understanding to strengthen financial control and decision-making.

Costing & FinanceSpecialised financial expertise
Management AdvisoryPractical insight for leadership
Efficiency FocusStronger processes and control

OUR PRACTICE

Cost and finance expertise,
applied to the real world.

We support businesses with practical financial, compliance and operational expertise. Our work brings together statutory assurance, costing systems, tax matters and specialised consulting—always with a focus on information that helps management act with confidence.

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01

Costing & Finance

Specialised services across costing, finance and taxation.

02

Management Advisory

Analytical reporting and advice to improve financial health.

03

Efficiency Enhancement

Practical guidance to strengthen business performance.

WHAT WE DO

Statutory and core
professional services.

A focused range of professional services designed around business accountability, cost visibility and financial control.

01

Cost Audits

Cost audit support and professional assistance relating to applicable corporate requirements.

02

GST Services

GST consulting, advisory, return filing, training, audit and certification support.

03

Income Tax

Direct Tax consulting, return filing and certification support.

04

Co-operative Audits

Audit expertise for co-operative organisations including sugar factories and housing societies.

05

Internal & Operational Audits

Reviewing financial and operational processes, controls, utilities and performance areas.

CONSULTING SERVICES

Systems that make better
decisions possible.

From inventory control to cost analysis, we help organisations build stronger management information and financial processes.

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01

Perpetual Inventory Audits

We provide systematic inventory audits to ensure accurate stock records, effective controls, and timely identification of discrepancies across inventory operations.

02

Business and Share Valuations

We provide independent and comprehensive business and share valuation services in accordance with the Companies Act, FEMA, and Income Tax Act. Our expertise also extends to startup and emerging business valuations, supporting fundraising, transactions, regulatory compliance, restructuring, and other strategic business requirements.

03

Social Impact Assessor

We provide Social Impact Assessment and social audit services aligned with applicable requirements under the Companies Act and CSR framework. Our expertise also supports organisations and Social Enterprises in measuring, evaluating, and reporting social impact for CSR initiatives and Social Stock Exchange-related requirements, strengthening transparency, accountability, and stakeholder confidence.

04

Stock Valuations

We provide professional stock valuation services to determine the fair and accurate value of inventories in accordance with applicable accounting standards and statutory requirements. Our valuations support financial reporting, audits, banking requirements, insurance, regulatory compliance, and informed business decision-making.

05

Consultation on Various Matters

We provide professional consultation on a broad range of business, financial, and regulatory matters under applicable provisions of the Companies Act, FEMA, Income Tax Act, and the Insolvency and Bankruptcy Code.

06

Costing Systems & Analysis

We design, implement, and enhance costing systems and procedures to improve cost visibility, control, and informed decision-making.

INDUSTRIES WE SERVE

Experience across
diverse business sectors.

Industry understanding matters. Our experience spans complex operational environments where cost, control and performance are closely connected.

01

Pharmaceutical

02

Manufacturing

03

Agriculture & Allied

04

Construction

05

Energy & Industrial

06

Consumer & Food

OUR PARTNERS

Experience you can build
decisions around.

Our partners bring 18 years of experience across industries, supported by a network of associates in Goa, Surat and Nashik.

FCMA Shrikant R. Ippalpalli

PARTNER · FCMA

FCMA Shrikant R. Ippalpalli

M.Com · FCMA · RV(IBBI-SFA) · QIP(IBBI) · ID

18 years of experience across industries. Expertise in costing system implementation, MIS reporting, Cost Audit, Budgetary Control and KRA evaluation. Specialises in Poultry, Feed, Hatchery, Sugar & allied industries. Registered Valuer (IBBI) for Securities or Financial Services.

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FCMA Raghvendra S. Chilveri

PARTNER · FCMA

FCMA Raghvendra S. Chilveri

M.Com · FCMA · RV(IBBI-SFA) · IP(IBBI) · ID · SA

18 years of experience across industries. Expertise in Project Costing, Financial Management, Taxation, Treasury, and Accounts Finalisation. Registered Valuer (IBBI) for Securities or Financial Services. Registered Valuer (IBBI) for Securities or Financial Services. Certified Social Impact Assessor registered with ICMAI-SAO.

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CONTACT US

Let’s talk about your
financial needs.

We are committed to delivering excellence in Costing, Finance and Taxation — your trusted partners in financial growth.

OFFICE ADDRESS

Flat No. A-56, Prithvi Apartment,
Aru Nagar, Hadapsar,
Pune — 411028

PHONE

+91 9860205276
+91 8055855359

EMAIL

office@icandassociates.in
shrikant.cma@icandassociates.in
cma.raghvendra@icandassociates.in

“Expertise in numbers is valuable. Knowing what the numbers mean is where it becomes useful.”
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