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Mahendra Asher & Co Chartered Accountants

BACKGROUND  OF  FIRM The Firm, set up in 1978, is operating from Dubai, for more than 34 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. JHI exists to support the development of its member firms, by facilitating communication, exchange of information pertaining to professional development, networking and resource sharing worldwide. Its members benefit from global networking while maintaining total practice independence. JHI  is  an  association  created  by  the  merger  of  two  premier  international networks of accounting, consulting and business advisory firms : Associated Conference of Practicing Accountants International and Jeffreys Henry International. With over 50 years of experience of developing  its  member  firms  worldwide, the  merger  of  these like-minded, progressive associations  has  increased  the  global  reach of the organisation and offers unparalleled opportunities for member support and development. JHI is one of the largest associations of its kind, with 110 member firms in over 55 countries worldwide. Its members offer a broad range of accounting, auditing and management consultancy services, and develop their business capacity through the association’s global network. JHI’s  worldwide coverage enables its members to access support and offer cost effective business solutions, no matter where in the world their business takes them. JHI’s members enjoy a range of benefits and services, including regional and international conferences, technical workshops, special interest group symposia, network resources and a unique internal communications system, designed to facilitate fast and effective information exchange. 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 and RAK Offshore Company. The Firm is managed and controlled by two Partners and 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 44 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 LYNCH 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. Member of The Institute of Internal Auditors Inc., USA. 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 Organisations : Chairman of the Dubai Chapter of The Institute of Chartered Accountants of India. A Founder Member, Vice-Chairman and Secretary of Overseas Indians Economic Forum-UAE. 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 33 years of which, 29 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 specialised 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 of CFA Institute, USA. CONTACT  DETAILS Visiting Address :  Nasser  Lootah  Building,  Office  No. 203,  2nd Floor,  P O Box 4421, Al Maktoum Road,  Deira, Dubai, UAE Postal Address : P O Box 4421, Dubai, UAE Telephone : 9714-2227580 Telefax : 9714-2233715 e-mail : masherdb@emirates.net.ae website : www.mahendraasherco.com JHI website :  www.jhi.com


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Mahendra Asher & Co Chartered Accountants
Mr. Mahendra K. Asher , Mr. Ratnakar N. Shetty Tel: +971 4 2227580

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

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