About Thanawala consultanc services
Thanawala Consultancy Services: Your Trusted Partner for Actuarial and Consulting Services
Thanawala Consultancy Services is a leading firm of actuaries and consultants based out of Mumbai, India. With years of experience in the industry, we have established ourselves as a trusted partner for businesses looking to manage their employee benefits and other kinds of liabilities.
Our team comprises highly skilled professionals who are experts in actuarial science, finance, accounting, and risk management. We work closely with our clients to understand their unique needs and provide customized solutions that meet their specific requirements.
At Thanawala Consultancy Services, we offer a wide range of services that include actuarial valuations, employee benefit consulting, financial reporting under various accounting standards (IFRS/US GAAP/IND AS), risk management consulting, mergers & acquisitions due diligence support services among others.
Actuarial Valuations:
We specialize in providing actuarial valuations for various types of employee benefits such as gratuity plans, leave encashment plans (EL/HPL), pension plans (defined benefit/defined contribution), post-retirement medical schemes etc. Our team uses advanced statistical models to calculate the present value of future obligations arising from these benefits. We also help our clients comply with regulatory requirements related to actuarial valuations.
Employee Benefit Consulting:
We provide comprehensive consulting services related to employee benefits such as design & implementation of new benefit plans or restructuring existing ones; benchmarking against industry standards; compliance with regulatory requirements; communication & education programs etc. Our goal is to help our clients attract and retain talent by offering competitive benefit packages while managing costs effectively.
Financial Reporting:
We assist our clients in preparing financial statements under various accounting standards such as IFRS/US GAAP/IND AS which require companies to disclose information about their employee benefit obligations on their balance sheets. Our team helps companies determine the appropriate discount rate(s) based on market conditions and other factors, calculate the present value of future obligations, and provide disclosures required by the accounting standards.
Risk Management Consulting:
We help our clients identify, assess and manage risks associated with their employee benefit plans. Our team conducts risk assessments to identify potential risks such as longevity risk, investment risk, interest rate risk etc. We also provide recommendations on how to mitigate these risks through appropriate investment strategies or hedging techniques.
Mergers & Acquisitions Due Diligence Support Services:
We assist companies in conducting due diligence related to employee benefits during mergers & acquisitions. Our team helps companies evaluate the financial impact of potential liabilities arising from employee benefit plans and provides recommendations on how to manage these liabilities post-merger/acquisition.
At Thanawala Consultancy Services, we are committed to providing high-quality services that meet our clients' needs while adhering to ethical standards. We believe in building long-term relationships with our clients based on trust and mutual respect.
If you are looking for a reliable partner for actuarial and consulting services in India, look no further than Thanawala Consultancy Services. Contact us today to learn more about how we can help your business succeed!