Case Study – The India Cocoa Group of Companies
“It is pure passion & dedication to the taste and quality of chocolate that we are in this business.” India Cocoa Group, of which ‘Cacobean Chocolatier’ is a part, has these words on its home page. The group has its own plantations, sources and processing facilities spread decades.
Business Need:
The India Cocoa Group was making rapid strides in the business world and even though headed by a Chartered Accountant, they felt the need to hire an external firm initially for just statutory auditor and Income Tax Advisory services. This association grew and soon included Audit opinions, certifications, tax advice and filing of statutory & tax returns; statutory Book upkeep, MIS reporting and handling the personal income tax of the 12 promoters of the India Cocoa Group of Companies.
Business Impact:
Apart from delivering on the tasks assigned, Joseph & John Associates were able to further value-add by offering valuable business guidance. The consistent adhering to timely compliance of statutory and income tax requirements gave the India Cocoa management the required space and time to focus and concentrate on other critical business parameters.
In the words, of the Group Chairman, Renny Jacob, “Being a Chartered Accountant myself, I looked for professional standards and quality of service while choosing an Accounting firm for my company. Joseph & John offer all that in abundance, and more!”
It has been 6 years since their first project with Joseph & John and business just seems to be growing for both!
