Arham AdvantEdge Private Limited (AAPL) is a global assurance and management consulting firm founded by Entrepreneurial Chartered Accountants from Big 4 Firms with a vision of building a globally recognised management consulting firm catering to niche areas like GAAP advisory & training, Valuations, Mergers & Acquisitions, IPO, Process automation among others. AAPL is headquartered in Chennai, and its strategic partnership firms are located across India and overseas.
In today’s world of gloabalisation and cross-border business transactions, the need of a company is to have knowlegeable personnel who understand the global transactions and their accounting treatment. At AAPL, understanding this need, we have set up a dedicated learning solution and knowledge management practice catering to corporates, senior management personnel, aspiring individuals in the accounting & finance field, regulators, and students among others.
Over the years, we have have trained more than 200,000 investors, bankers, tax officials, brokers and financial market intermediaries in derivatives and equity investing.
With the changing world, the focus is more on Financial Services/Instruments, Investments, and other related fields. All of these are very much dependent on Valuations for analysis and decision-making.
We specialize in the Valuation of Businesses and financial instruments including derivatives, options, embedded options, swaps, cross-currency transactions, and unlisted equity for various large corporates totaling more than USD 15 billion per annum.
AAPL caters to a large number of Banking and Financial Institution clients. For the financial services industry, risk management is a very important area both for current and future performance as well as risk assessment.
To support our clients in this important and relevant area, we have a widely focused risk management advisory practice including Expected Credit Loss (ECL), Macro-economic factor advisory and simulation, Derivatives valuation and effectiveness testing, BASEL related Compliances, Risk management policy among others. Over the years, we have supported our clients with ECL modeling and advisory for companies with a total asset base of over INR 750,000 Crores.
B COM., ACA
B COM., ACA
B COM., ACA
Avati Consulting Solutions (P) Ltd., India is a niche company providing specialized products in the BFSI risk domain with special focus towards Middle East, India & Levant region. AAPL’s deep expertise, industry knowledge and tailored approach for BFSI & other sectors combined with Avati’s proven international / global cutting-edge risk frameworks and tech platforms provide an efficient & globally competitive synergy covering consulting, products, services, implementation and dynamic risk management capabilities.
Poonam Ankit & Associates brings in expertise in areas of Taxation including litigations, Assurance & Audit and Compliance services headquartered in Chennai and catering to client across India. Poonam Ankit & Associates domain experience, industry knowledge along with AAPL’s proven global industry reach and experience in accounting & financial advisory, risk management and other consulting areas provide an competitive synergy to provide end-to-end services to its clients under a single umbrella.
Endpoint specializes in the areas of management process audits, inventory & fixed assets verification, and book-keeping compliance services providing these services to their clients catering to various locations across India. AAPL’s partnership with Endpoint enables it to assist its client to streamline and verify various important and relevant management process which has relevance in financial reporting.
Reach out to us by filling out the form or mail us at info@arhamadvantedge.com
207/208, Second Floor, "A" Block, Shivalaya Building, Ethiraj College Road, Ethiraj Salai, Thousand Lights, Chennai 600008
Mithul Shah is a seasoned professional and a founder member of Arham AdvantEdge Pvt Ltd (AAPL). With post-qualification experience of more than 9 years, he has led several GAAP convergence, technical accounting, assurance, transfer pricing, and system migration engagements for clients in India, UAE, and Singapore. He is currently a director at AAPL and a subject matter expert on IFRS training for one of the Big4 accounting firms in India. Mithul delivers regular training sessions on IFRS and other GAAP to clients, professionals, and students and is a visiting faculty in the Institute of Chartered Accountant of India. In his previous role at EY, Mithul held a manager position in Financial Accounting Advisory Services (FAAS) and has assisted large corporate, BFSI clients and multinational companies to successfully converge to IFRS. Also, in his time with PwC, he was part of the Assurance department and has led successful audits for large clients and an offshore audit project for a multinational oil and gas company. During his career, he has served various clients across geographies some of which include Nissan Motor India, Renault India, Nissan Renault Financial Services India, Royal Dutch Shell Petroleum, Arenco Group (Dubai), Al Naseer Group (Abu Dhabi), Aquarius Group (Singapore), Pfizer Healthcare India. He is a Chartered Accountant and a Bachelor in Commerce by qualification.
Nitin Jain is a seasoned professional with post-qualification experience of more than 9 years. Nitin is a Founder & Director of Arham AdvantEdge Pvt Ltd. He has worked with KPMG in their advisory services in his past experience before venturing into entrepreneurship. Nitin specializes in IFRS convergence, Capital Market Advisory (IPO), accounting change projects (IFRS 9, 15 & 16), and GAAP training. He has led several projects for clients across geographies assisting them in IFRS Convergence, financial reporting process advisory, training, and IPO advisory among others. Some of the clients include Daimler Financial Services, Daimler India Commercial Vehicles, Royal Sundaram Insurance, Northern Arc Capital (erstwhile IFMR), Hinduja Leyland Finance, BNP Paribas GSO, Tamilnad Mercantile Bank among others. In his previous role, Nitin spearheaded the IFRS convergence project for the Daimler Group in India covering their OEM and Captive Finance Company which included the diagnostic study of the gaps in accounting, quantification of impacts, and preparation of financial statements as per IFRS. Nitin has led and been part of several advisory projects in the Kingdom of Saudi Arabia, UAE, and Singapore. He is a Chartered Accountant and Company Secretary by profession. Nitin is a visiting faculty in the Institute of Chartered Accountants of India
Raghu Iyer is a seasoned and highly respected industry professional, academician, and leader with 35+ years of experience in financial services. He runs a successful audit and advisory organization covering a variety of areas like management accounting, audit, tax advisory, accounting standards, IFRS 9 related services like Expected Credit Loss modeling & computation, financial instruments valuation, hedge effectiveness, derivatives accounting, and international advisory services. He guides our IFRS 9-related initiatives while also providing constant guidance to the organization on its India strategy. He is also involved with clients, providing knowledge and subject matter expertise to strategic projects. As an IFRS 9 expert (specializing in IFRS 9 particularly), he has advised more than 80+ clients consisting of leading Indian financial institutions and corporates. Mr. Iyer has also been a distinguished faculty member of top-ranking B-Schools of the country like S P Jain Institute of Management & Research, Mumbai, and Great Lakes Institute of Management (Chennai) for the last 25+ years covering a variety of subjects on financial management. In close association with Crisil, he conducts regular training sessions on Ind AS, Financial Instruments, and Expected Credit Losses. He is a fellow of the Institute of Chartered Accountants of India securing an India 4th rank in the CA Final examination and an India 3rd rank in the CA intermediate examination. He actively guides the organization’s strategy in Indian markets and as a subject matter expert, works closely in strategic consulting frameworks, intellectual property development, and functional enrichment.
Impact assessment study for full convergence to IFRS/ US GAAP/ Ind AS
Assistance in the implementation of accounting changes like IFRS 9, IFRS 15, IFRS 16, IFRS 17, and equivalent US GAAP/Ind AS & other GAAPs
Assistance in complying with the presentation and disclosure requirements of the standard.
