About the Firm
A practice of Cost Accountants in Pune, established in 2017.
Introduction
Pravin B. Mahadik & Co. – Cost Accountants is a firm of Cost Accountants in practice, registered with The Institute of Cost Accountants of India. The firm was established in 2017 by CMA Pravin B. Mahadik and operates from its office in Shukrawar Peth, Pune.
The firm's work centres on cost and management accounting — the measurement, analysis and control of cost — and extends to indirect and direct taxation, audit and assurance, financial advisory and corporate compliance. This combination reflects the scope of practice available to Cost Accountants under the Cost and Works Accountants Act, 1959 and the laws that recognise them.
Establishment
The proprietor qualified as a Cost Accountant in 2014 after several years in industry and commenced practice in 2017. The firm draws on that combination of industry and practice experience, which together exceeds 19 years.
Professional philosophy
- Evidence before opinion. Conclusions are drawn from records, cost data and the governing provisions, and the basis of each conclusion is documented.
- Clarity of scope. Each engagement starts with a written scope stating what will and will not be covered, and which reports are reserved for other professionals.
- Independence. Audit and certification work is accepted only where independence requirements under the Code of Ethics are met.
- Plain reporting. Reports are written to be understood by the people who will act on them.
Practice areas
- Cost & Management Accounting — Cost audit, cost records, product costing and management information.
- Audit & Assurance — Internal, stock, operational, concurrent and management audits.
- Certification Services — Cost of production, local content, PLI, export, customs and turnover certificates.
- GST & Indirect Taxation — Registration, returns, reconciliation, refunds, assessments and appeals.
- Direct Taxation — Income tax returns, planning, TDS, assessments and appeals.
- Financial & Business Advisory — Valuation, due diligence, project finance, modelling and virtual CFO.
- Corporate & Regulatory Advisory — Company and LLP compliance, restructuring and business setup.
Confidentiality and client information
Information received from clients is used only for the engagement for which it is provided. The firm does not disclose client names, assignments or information on this website or elsewhere without the client's prior written consent, in line with the Code of Ethics and the ICMAI Council Guidelines for Advertisement.
Working papers are retained securely for the period required by professional standards and applicable law. Personal data received through this website is handled as described in the privacy policy.