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Mahendra Asher & Co. Chartered Accountants

MAHENDRA ASHER & CO. Chartered Accountants

COMPANY PROFILE


BACKGROUND OF FIRM

The Firm, set up in 1978, is operating from Dubai, for more than 39 years and renders a wide range of professional services. The Firm is associated worldwide with JHI - a leading international association of independent business advisors, financial consulting and accountancy firms, with offices in the Americas, Europe/ Middle East/Africa and Asia-Pacific.

JHI is a growing global network of highly-regarded independent accountancy, business advisor and financial consulting firms providing accounting, audit, tax and business consulting services in a wide range of industries for clients doing business across international borders. The leading association of its kind, JHI exists to enhance the ability of member firms and their clients to drive business locally and internationally through a variety of distinctive programs and services that advance our organization as a single and unified global brand.

The clients of JHI member firms leverage the unique benefits of international co-operation between members of a global organization of accounting and business advisors. JHI member firms requiring assistance for their multinational clients concerning tax, accountancy and other financial issues in countries worldwide have global access to knowledgeable financial counsel and solutions through JHI peers. Member collaboration and teamwork is based on strong personal relationships and business synergies developed through JHI to ensure reliable client service and success in capitalizing on cross-border and international opportunities that realize client business objectives.

With offices around the world in 55 countries and 120 member firms, JHI is a leading global association supporting the development of its member firms by facilitating communication, exchange, networking and resource sharing worldwide. Its members benefit from global networking through regional, international and specialized conferences while maintaining total practice independence.

The Firm is also a member of TASK International - one of the 23 networks that are members of the Forum of Firms. The Forum is an association of international networks whose objective it is to promote consistent and high quality standards of financial and auditing practices globally.


SERVICES OF FIRM

The Firm's diversified services include:

• Audit of traders, manufacturers, contractors, exchange companies, banks and other diverse business entities.

• Preparation of feasibility study report for business establishments and industrial projects.

• Accounting systems implementation, management services and other business consultancy services, including financial, tax and investment planning.

• Formation of companies/establishments in UAE and its Free Zones, formation/administration of offshore companies and trusts and rendering secretarial services.

• Liquidation of Companies.

• Acting as Registered Agent for JAFZA Offshore Company, RAKFTZ (RAK IC Companies) & RAKIA (RAK Offshore Company).

The Firm has two Partners, ably assisted by a team of qualified chartered accountants and supporting staff.

PARTNERS' BACKGROUND

Mahendra K Asher
Senior Partner

He has wide experience of over 48 years including auditing and other financial/consultancy services:

Corporate Finance:

CIBA OF INDIA LIMITED (Presently known as NOVARTIS), BOMBAY, INDIA 

- One year on the job training

-     Planning and Control - Internal Auditor

-     Executive in charge of General Financial Accounting Unit


Commercial Banking:

THE COMMERCIAL BANK OF DUBAI LIMITED, DUBAI, UAE

-     Six months residential training course at CHASE MANHATTAN BANK NA, ATHENS, GREECE.

-     Credit Department in charge, reporting to General Manager and Board of Directors on special           assignments.

• Investment Banking:

MERRILL LY NCH INTERNATIONAL & CO., DUBAI, UAE

-     Five months training/qualifying examinations at Merrill Lynch's Headquarters - New York, USA.

-     Investment Advisor duly registered as an associated person with US Trade and Exchange Regulatory Agencies.

 

Education & Membership of Professional Bodies:

• Commerce Graduate, Sydenham College of Commerce & Economics, Bombay University.

• Fellow of The Institute of Chartered Accountants of India.

• Fellow and Senator of The Offshore Institute, Isle of Man, when the Institute was established.

• Member of The Institute of Internal Auditors Inc., USA.

• Member of STEP

•Services rendered as a Board Member on:

-            - Dubai Chamber of Commerce & Industry - elected Member of the Auditors' Group.

-            - Department of Economic Development, Government of Dubai - appointed on Legal and Accountancy Advisory Board.

Other Activities - offices held at Professional/Community Organizations:

• A Founder and Past Chairman of the Dubai Chapter of The Institute of Chartered Accountants of India.

• A Founder Member/Secretary and Vice-Chairman of Overseas Indians Economic Forum-VAE.

• A Managing Committee Member and Hon Treasurer of The Indian High School, Dubai, and Joint Hon Auditor of the School during initial stages of the School.

 Ratnakar N Shetty
 Partner

• He is in profession for over 37 years of which, 33 years in Dubai, with Mahendra Asher & Co., and has experience in audit, offshore companies and trusts formation, business valuation, financial, legal and tax advisory services.

• Has an excellent academic background securing silver medal in Final CA exam of ICAI.

• During Articleship and thereafter with a leading firm of Chartered Accountants, BANSI S MEHTA & CO., BOMBAY, INDIA, acquired experience in accounting and auditing services, plus specialized financial, legal and tax advisory services. Education:

• Commerce Graduate with Hons, Sydenham College of Commerce & Economics, Bombay University.

• Fellow of The Institute of Chartered Accountants of India.

• Chartered Financial Analyst, Member ofCFA Institute, USA.

• Member of STEP

CONTACT DETAILS

Office Address: Nasser Lootah Building, Office No. 205, 2nd Floor, PO Box 4421, AI Maktoum Road,

                             Deira, Dubai, UAE

Postal Address:  POBox 4421, Dubai, UAE

Telephone: 9714-2227580; Telefax: 9714-2233715

E-mail: masherdb@emirates.net.ae

Websites: www.mahendraasherco.com
                  www.jhi.com  
                  www.taskinternational.org


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Contact Details

Mahendra Asher & Co. Chartered Accountants
Mr. Mahendra K. Asher Tel: +971 4 2227580

Fax: +971 4 2233715
Email:
Web: http://www.mahendraasherco.com
4421 Dubai
SERVICES OF FIRM

SERVICES OF FIRM

The Firm’s diversified services include :

 

  • Audit of traders, manufacturers, contractors, exchange companies, banks and other diverse business entities.
  • Preparation of feasibility study report for business establishments and industrial projects.
  • Accounting systems implementation, management services and other business consultancy services, including financial, tax and investment planning.
  • Formation of companies/establishments in UAE and its Free Zones, formation/administration of offshore companies and trusts and rendering secretarial services.
  • Liquidation of Companies.
  • Acting as Registered Agent for JAFZA Offshore Company, RAKFTZ (RAK IC Companies) & RAKIA (RAK Offshore Company).

 

The  Firm  has  two  Partners,  ably  assisted  by  a  team  of  qualified  chartered  accountants  and supporting  staff.

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