Aronson Associates

ARONSON ASSOCIATES

Together Ahead

2005

SOLE PROPRIETOR

IPPILI APPIAH Dharmaraj laid the foundation of the firm on 14th October 2005 as a sole proprietor.

2

OFFICES

Our two offices are located in Central Flacq and PortLouis.

2016

llp

Dharmaraj joined forces with other professionals to form a Limited Liability Partnership

About Us

Aronson Associates is an independent audit, accounting and business advisory firm with a solid track record in delivering outstanding professional services since 2019 in Mauritius. Benefiting from the experience and expertise of its partners and a workforce of over 15 professionals, Aronson Associates manages a wide and diversified portfolio of clients in every sector of economy. Our expert services are delivered through constant interaction between our accountants, business advisors, tax practitioners and our clients.

Our clients, both local and international, can always rely on us for advise and solutions to their problems. We seek to develop a relationship based on trust, integrity, professionalism and mutual respect. Our aim is to build long-lasting relationships.

Our Core Values

Our services provided and interactions with our clients, fellow colleagues and professional partners are based on a set of core values which are the very foundation of our business. These are :

– Trust
– Professionalism
– Integrity
– Knowledge
– Dedication

Mission Statement

– To provide the highest level of professionalism services to
meet client’s needs through mutual financial success.

– To maintain integrity and honesty in everything we do.

– To provide for the development, growth and accountability of our team members by offering opportunities to achieve personal and professional success.

– To maintain an environment that encourages giving back to
the community

-To be the most trusted and respected accounting firm by
providing innovative and practical services that contribute to our client’s success in exceptional team environment.

Firm Values

Clients Matter
We believe in providing excellent client service for the mutual benefit of our client

Integrity Matters
We believe in being conscientious and operating with integrity
and honesty, consistently producing quality work at reasonable
fees.
“There is no such thing as a minor lapse of integrity.”– Tom
Peters

Teamwork Matters
We believe in a One Firm Approach with an open exchange of ideas across all levels of our organization and that each team member, by taking personal responsibility for their performance and by collaborating with and assisting others in their performance, can achieve consistent sustainable success for our entire organization

People Matters
We believe in an inclusive environment that provides our team members with balanced opportunities, the most up to date resources, constant support, and access to the information necessary that fosters personal and professional growth, learning and prosperity; and we believe that valuing opinions, demonstrating respect and caring, and promoting trust and fun within our organization is critical to sustaining

Community Matters
We believe that by being involved in our community we can grow both personally and professionally. By celebrating our successes and promoting a sense of family within our organization we can be a source of strength, hope and help to one another.

Why Aronson Associates

Aronson Associates is committed to maintaining a direct, personal, and confidential relationship with you as our client. From routine bookkeeping solutions to major financial decisions, we work closely with you and your staff to give you the services and information you need, when you

Internal Affiliation

Aronson Associates has been accepted as affiliated member with RBB International. The aim is to upgrade its operational standards to international level and be part of the global evolutions of the profession.

RBB International is a network of independent accounting , auditing and business advisers that provide clients with accounting , auditing , valuation, transaction support and business advisory services.

Our network includes members throughout North America,
Western Europe and North Africa. All members are highly independent firms, mostly founded by former employees of Big four. Our motto, offering you the best of local practice with a global services.

Managing Partner

Dharmaraj Appiah is a Fellow of the Association of Chartered Certified Accountants with over 15 years of professional experience. He has gained his professional experience at Auditax Associates and other local and international accounting firms. In his capacity, as managing partner, Mr Dharmaraj has the responsibility to manage and promote the Firm as one of the major players in the industry. His areas of competency are statutory audit, financial restructuring, Forensic & Fraud, tax and insolvency.

Personal Qualification

Certified Accounting Technician (CAT)

BSc Hons Applied Accounting

Certified Forensic & Auditing Analyst (CFAA)

Certified Internal Auditor (CIA)

Certified Fraud Examiner (CFE)

Fellow Professional Forensic Accountant (FPFA)

Fellow Chartered & Certified Accountant(FCCA)

LLM Corporate Law

Membership

Public Accountant with MIPA
Professional Accountant with MIP
Licensed Auditor from Financial Reporting Council
Mauritius Institute of Directors
Association of Certified Fraud Examiner
Institute of Internal Auditors

Our Team

We have a work force of 20+ comprising of qualified and experienced accountants and university graduates in Finance, Law , Management and Information Technology. Our people have been recruited for the depth of their knowledge, enthusiasm, ability to work in teams and their commitment to client service. Auditax Associates has currently some 5+ qualified accountants (ACCA and ACA) and has a pool of partly qualified professionals who are encouraged and incentivized to complete their professional qualification. qualification.
Through on-going training, regular knowledge sharing exercises and exposure to a wide spectrum of industries, Auditax staff, under the guidance of experienced partners, is well equipped to
add value to the business of our clients.

Our Methodology

Accounting

Proper Bookeeping and sound Accounting principles are the foundation of any thriving business. Successful strategies can be successful and accurate management decisions made by different stakeholders when accounting records are kept well. The accounting department is responsible for preparing Management accounts and financial statements in a timely manner and which reflect accurately the affairs of the business.
At Aronson Associates, we offer a comprehensive set of accounting services to companies, soletraders, Partnerships and LLPs. These range from basic bookeeping to more complex financials requirements. We ensure that our staffs are well trained and experience and have the technical knowledge and expertise to help you stay abreast to all changes in local legislations and International Financial Reporting Standards (IFRS). requirements.

Our services include

We ensure that our staffs are well trained and experience and have the technical knowledge and expertise to help you stay abreast to all changes in local legislations and International Financial Reporting Standards (IFRS).

Outsourced back office Accounting

-Cash Flow forecasts
– Financial Analyst
– Budgeting
– Financial Statement Preparation
– Payroll / PAYE
– VAT Preparation & Submission
– Management Accounting
– Day to day book keeping

More and more of our clients are looking to the alternatives of outsourcing many or all of their back office accounting and book keeping to CFO Financial Partners. By tapping into our highly efficient processes, systems and relying on the deep experience of out team, this approach can often be a far more cost effective way to provide higher quality services for your business .

CFO or controller Outsourcing

The market for top accounting and finance candidates is more competitive than ever. So make our staffing and consulting services your competitive edge. Whether you’re experiencing growth, you’ve had a reduction in staff or you just want to understand your company’s finances more in-depth, an outsourced CFO may be the right fit for your company

Tax

Both corporate businesses and individuals have to plan carefully when it comes to tax matters and some organisations
or individuals may find it difficult to deal with those complex and ever changing tax regulations. At Aronson Associates, our tax professionas will assist you in your tax optimisation and planning by providing innovative and practical tax solutions
We shall assist you in the following:
– Corporate Tax
– Personal Tax
– Tax Compliance
– Tax Advisory and optimisation to both local and internationals
operations.
– Value Added Tax
– Tax Investigation and Litigation
– Tax Health Check and Tax Due Diligence

Payroll Administration & Management

Administering payroll is becoming increasing burdensome for many businesses, taking more and more time and resources away from core business function. At Aronson Associates, our dedicated experts will help you devise a system to meet your obligation, both legal and social as an employer in an completely confidential and cost effective manner.
Our services include:
– Processing of salaries, including allowances, benefits and
overtime.
– Providing customized payslips
– Statutory filing and payment of PAYE and NPF
– Ensuring compliance to remuneration order
– Preparation of statutory yearly Returns and preparation of
Statement of Emoluments.
– Handling MRA, NPS and related queries
– Assisting in PAYE audit

Business Advisory & Risk Management

Companies increasingly evolve in a competitive and volatile environment where they need to adapt to an ever-changing business landscape. Competition becomes tougher day-by-day whilst customers are more demanding and knowledgeable. Streamlining operations, putting in place KPIs and ensuring adequate controls are only a few aspects that businesses need to properly manage in irder to remain competitive. Our firm has the right expertise and insight to make a difference in providing a company with the professional advice it requires to better navigate through the complexities of business. At Aronson Associates we provide a one-stop-shop services to both local and foreign clients. and foreign clients.
Our main services include:
– Business Performance review
– Business plans write-up & business valuation
– Risk advisory & internal audit services
– Change management & restructuring
– Corporate finance for companies looking to raise funds,
expand, merge or sell their business
– Assist companies implementing good Corporate Governance

Corporate Recovery & Insolvency

Companies sometimes experience financial difficulties which, if left untreated, can lead to failure. Early diagnosis and impartial advice on the options available from corporate recovery specialists can mean the difference between turnaround and collapse
At Aronson Associates, we offer a wide range of corporate recovery services to businesses of all sizes and across all sectors. By applying best practice methodologies, we ensure that our assignmenets comply with both legal and commercial challenges effectively. Tapping into the Nexia network, we draw on a global knowledgebase of expertise and tailor it to ensure the solutions can be applied locally to our client’s needs.
Our services include:
– Liquidation
– Administration or receivership
– Voluntary Winding Up
– Change management & restructuring
– Debt Recovery

Merger & Acquisition

Mergers and Acquisition (M&A) are increasingly popular for different reasons. For instance, they allow companies to enter a new business sector and have an established presence in a relatively short lapse of time. This allows them to rapidly have a client base, set up a distribution channel asa well as have access to production capacities. M&A are strategic decisions that allow companies to attain a crirical size and benefit of economies of scale when market share, growth timing are of essence.
At Aronson Associates, our diverse team of professionals have significant expertise in both the buying and selling sides of transactions in a wide range of industries. We assist our clients in the transaction process which can be a merger, acquisition or setting up of joint ventures through the management of key aspects such as legal, tax and accounting and through proper planning.

We can provide these following services:
– Identification and evaluation of a potential strategic partner
– Carry out the due diligence of a target company
– Provide professional share valuations
– Advise of the Legal, Tax and accounting aspects
– Help in connecting interested parties
– Advise on payments options available
– Help in the post-acquisition integration strategies share, growth timing are of essence.

Our team will not only provide the necessary professioanl advice of an M&As but will manage the regulatory requirements, post acquisition restructing and business optimisation.

Credentials

Business operators in various sectors

Hotel Sector

NGOs & SME

Real Estate

Offshore and Management Companies

Retailing And Wholesaling

Banking And Insurance

Our Promise

Above client’s expectations

We acknowledge the fact that it is indeed difficult for business managers to keep pace with fast paced statutory pronouncements, ever developing jurisprudence and news flow which impacts businesses in a big way. For the sake of our clients’ knowledge we are constantly providing information on developments by way of news flash through emails as well as our bi-monthly newsltetter, facebook posts…

Disclosure

– We have no judgments, pending or expected litigations, or other real or potential financial reversals to disclose.
– We have had no contract terminations for default during the past five years.
– We have a sufficient quality control system in place and are participating in an external quality review program.
– The Managing Partner and all key staff are independent with respect to any audit and will comply with all applicable independent standards.