Back in the 1990s, India was emerging as a hot spot for foreign investors and companies to set up their global units. These companies hardly had any understanding of the intricacies of the Indian tax systems and other financial and legal compliances. Depending on CA firms was their only option. However, there was a glaring difference between the services provided by CA firms and the industry requirements. In a bid to bridge the gap Alok Kumar Agarwal, an industry veteran, founded ASC Group with an objective of providing unique and client friendly solutions in the segment of audit management.
Alok, CA, Founder & CEO of ASC Group is also the proud author of two books on taxes in India, namely “All India Taxes, A Ready Referencer” and “All India VAT Ready Reckoner”. Since its inception his company has dedicated itself in providing extensive and efficient service in terms of audit management to its clients. Having been in the industry for over 20 years, the organization has built a strong reputation in the industry and has worked with names such as Sony, Samsung Engineering, Wal-Mart, Bharti, GE, Gillette, Bikanerwala, Honeywell, Motorola, Micromax, Luxottica, and Bureau Veritas among others.
ASC Group’s pathway to success was certainly not easy, especially because it involved gaining the trust and confidence of clients. But once the rapport was built with clients, it became much easier to provide solutions to their problems by leveraging their network of competent CAs, CSs and Lawyers.
The firm had identified that clients were bogged down because of ‘No expertise in auditing’, ‘Requirement of a pan India presence’, ‘Budget constraints’ and most importantly ‘Timely delivery of services’.The company built its services so as to help clients overcome these challenges and today prides itself for providing quality services which are at par with that of the Big 4, but in a highly cost effective manner.
ASC Group built its services so as to help clients overcome their challenges and today prides itself for providing quality services which are at par with that of the Big 4, but in a highly cost effective manner.
ASC Group has four laterals catering to different areas of expertise, which provide tailor made solutions to the problems of the clients. The services rendered include Financial Audits, Compliance Audits, Operational Audits, IT Audits, Consulting and Advisory Services, Special Investigations, Follow-up Audits, Identification and Assessment of Risk, or in other words A-Z audit and related solutions with efficiency. “The most unique feature about our service is the ‘Quality of Big 4 and Price of a Normal firm’. This has also lead to us retaining almost all of our clients,” says a proud Alok.
The growth of the company has been tremendous. From being a one-man company in 1995 ASC Group has grown into a 150+ strong organization with a pan India presence. The company has offices in Delhi, Gurgaon, Noida and Mumbai with close to 50 associates in every states representing ASC Group. The company has also been adding verticals in terms of services rendered and has already ventured into M&A, International Taxation, Legal Metrology, Various Legal Compliances & System and Audit Compliances. ASC has already made its presence felt in the U.S. and is planning to extend its offshore services to overseas clients in Singapore. Given Alok’s deep understanding of the industry and the company’s superlative services, ASC Group is well on its way to become one of the major players in the audit sector across the world.