YISU, Telangana invites quotations from CA firms for preparation of Annual Accounts

Young India Skills University (YISU), Telangana invites quotations from CA firms for preparation of Annual Accounts for FY 2024-25

Young India Skills University (YISU), Telangana, invites sealed quotations from eligible and registered Chartered Accountant (CA) firms for the engagement of professional services to prepare the Annual Accounts of the University for the Financial Year 2024–25 (i.e., from November 4, 2024, to March 31, 2025), in accordance with applicable accounting standards and statutory requirements.

(A) Scope of Work:

1. Verification of accounting records including scrutiny of vouchers, ledgers, and books of accounts for the financial year 2024–25.

2. Preparation and finalization of financial statements as applicable.

3. Preparation of Notes to Accounts as per applicable accounting standards.

4. Filing of statutory returns under the Income Tax Act, including:

(a) Filing of Annual Income Tax Return

(b) Filing of Form 10BD (Statement of Donations)

(c) Generation and submission of Form 10BE

(d) Any other filings required under prevailing income tax rules

5. Verification of reconciliation reports, such as Student fee reconciliation, Bank Reconciliation Statements (BRS) and other reports.

6. Verification of Fixed Assets Register vis-à-vis Books of Accounts, ensuring accurate accounting and proper reflection of asset values in the financial statements.

7. Verification of any other relevant reports, to ensure that all financial transactions and entries are accurately recorded and correctly reflected in the financial statements, with compliance to the applicable norms.

8. Any other related works required as part of statutory compliance for FY 2024–25, including finalization, preparation, and filing of applicable returns, as may arise during the course of engagement, shall be carried out by the engaged firm without additional escalation in cost.

(B) Eligibility Criteria:

1. The CA firm must be registered with the Institute of Chartered Accountants of India (ICAI).

2. The firm must have a valid PAN and GST Registration.

3. Preference will be given to firms having experience in handling accounts of Government institutions, Public Universities, or Educational Institutions.

Submission of Quotation:

1. Quotations may be submitted in a sealed envelope clearly superscribed “Quotation for Engagement of Chartered Accountant Firm – FY 2024–25” addressed to: The Registrar Young India Skills University, Engineering Staff College of India Campus (Transit Campus), Gachibowli, Hyderabad-500032, Telangana.

2. The last date for submission of the quotation is 23-04-2025 by 5:00 PM.

For any queries or clarifications, kindly contact:

Mr. S.Vamsi, Manager (Finance & Accounts)
Contact No. 8374305711
Email Id: finance.accounts@yisu.in

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