Mumbai · Est. 2022

Getting your numbers ready for the scrutiny that comes with growth.

We help growing companies, NBFCs and listed entities with IPO readiness, Ind AS conversion, audit and controllership. We also support accounting firms overseas with dependable offshore teams.

See what we do Talk to us

Practice areas

What we work on

Each engagement is led directly by a partner. The references on the left show the frameworks we work within most often.

SEBI ICDR
SEBI LODR
Companies Act, 2013

IPO readiness

Restated financial statements and DRHP financial disclosures
KPI and operational data support for offer documents
Statement of special tax benefits and other certificates
LODR compliance set-up after listing

Ind AS 101
Ind AS 109 / 115 / 116

Ind AS conversion

Transition from Indian GAAP, with opening balance sheet and reconciliations
Accounting policy manuals and position papers
ECL models for NBFCs, revenue and lease accounting

SA 200–720
Sec. 143, Companies Act

Audit & assurance

Statutory audits of private and public companies
Internal and limited-review engagements
Certifications for regulators, lenders and investors

Month-end close
MIS · Board packs

Controllership & bookkeeping

Outsourced accounting and month-end close
MIS, budgeting and board reporting
Advanced accounting for complex transactions

Income-tax Act
CGST Act · FEMA

Tax & regulatory

Direct tax returns, capital gains and advisory
GST and TDS compliance
FEMA and ODI matters for cross-border transactions

Sectors

Who we work with

Most of our clients are businesses at a turning point: raising capital, preparing to list, or tightening reporting after rapid growth.

NBFCs

Ind AS reporting, ECL, RBI-related certifications and lender reporting.

Listed entities

LODR compliance, quarterly results support and disclosure reviews.

Growth companies

Pre-IPO clean-up, restatements and investor-ready financials.

IFSC / GIFT City

Financial reporting for entities and LLPs set up in GIFT City.

For US CPA firms

An offshore team that works like part of yours

We support accounting firms and businesses in the US with qualified accountants who understand both Indian and US reporting.

Bookkeeping & close

Monthly bookkeeping, bank and card reconciliations, and close checklists on your software.

Financial reporting

Financial statement preparation, workpapers and review-ready schedules.

Audit support

PBC tracking, workpaper drafting and testing support for your engagement teams.

IST UTC+5:30 Overlap early morning US Eastern Turnaround work done while your office is closed

The firm

A small firm, by design

Mitesh Nawal & Associates was founded in 2022 by CA Mitesh Nawal. We keep the team small so that the people you meet at the start are the people who do the work.

Our work tends to sit where accounting meets regulation: offer documents, Ind AS transitions, certifications and controllership for companies that need their numbers to hold up under review.

Contact

Let's talk about your next filing, audit or listing

Write to us, and we'll set up a short conversation to understand what you need.

Level 7, Ashok Premises
Off Western Expressway, Andheri East
Mumbai 400069, Maharashtra

mitesh@mnassociate.in

Web