Case Study 1 :
Accounting Cleanup for a Scaling
Startup
Overview
Company Type: Venture-Backed Startup
Industry: Technology / Services
Stage: Scaling / Pre-Audit
Geography: India
Scope: Accounting Cleanup, GST Reconciliation, MIS Setup
Challenge: 18 months of backlog, GST mismatches, unreliable financial reporting
Outcome: Audit-ready books in 30 days with zero compliance slippage
Challenge
The company experienced rapid growth but lacked structured accounting processes. Over 18 months, bookkeeping backlogs accumulated, GST filings showed mismatches, and financial reports were inconsistent. This created audit risks, management blind spots, and growing compliance exposure at a critical growth stage.
Solution & Outcome
Chartered Ways deployed an in-house accounting and compliance team to reconstruct historical books, reconcile GST filings, correct entries, and implement a structured MIS framework. Month-end close processes, reporting timelines, and compliance trackers were introduced to ensure ongoing financial discipline.
Within 30 days, the company achieved clean, audit-ready books with reconciled GST filings. A monthly governance model ensured accurate reporting, management visibility, and zero compliance slippage going forward.
Case Study 2 :
India Entry Support for an Overseas Company
Overview
Company Type: Overseas Parent Company
Industry: Professional Services
Stage: Market Entry
Geography: Europe → India
Scope: Incorporation, Payroll Setup, Statutory & Tax Compliance
Challenge: Navigating India entity setup, tax structure, and HR compliance
Outcome: Fully operational India entity in 21 days with structured processes
Challenge
The overseas company planned a rapid India entry but lacked familiarity with Indian regulatory, tax, and labour frameworks. Multiple registrations, payroll structuring, and statutory compliances needed to be completed simultaneously without delays, errors, or future compliance risks.
Solution & Outcome
Chartered Ways managed the end-to-end India entry in-house — incorporating the entity, setting up payroll and HR compliance, registering statutory obligations, and implementing a centralised compliance calendar. Clear operating procedures and reporting structures were established from day one.
Within 21 days, the India entity became fully operational with compliant payroll, statutory filings, and governance frameworks in place, enabling the client to focus on business growth without regulatory friction.
Case Study 3 :
Due Diligence Preparation for a Funding Round
Overview
Company Type: Fundraising Startup
Industry: Technology / Consumer
Stage: Pre-Funding / Due Diligence
Geography: India
Scope: Financial Restatement, Compliance Alignment, Data Room Preparation
Challenge: Missing documentation, incorrect accounting entries, weak compliance trail
Outcome: Successful fundraise supported by investor-ready reporting
Challenge
Ahead of a funding round, the company faced gaps in financial documentation, inconsistent accounting entries, and incomplete statutory records. These issues posed a significant risk during investor due diligence, potentially impacting valuation and deal timelines.
Solution & Outcome
Chartered Ways conducted a detailed financial restatement, corrected historical entries, aligned statutory compliances, and structured a comprehensive investor data room. Reporting formats were standardised to meet investor and auditor expectations.
As a result, the company entered due diligence with clean, credible, and transparent financials, enabling a smooth diligence process and a successful fundraise.
Case Study 4 :
Internal Audit & Risk Control Strengthening for an SME
Overview
Company Type: Established SME
Industry: Manufacturing / Trading
Stage: Operational Stabilisation
Geography: India
Scope: Internal Audit, Process Review, Risk & Control Design
Challenge: Weak internal controls, process gaps, and compliance exposure
Outcome: Strengthened controls, reduced risk exposure, audit-ready operations
Challenge
The organisation operated with minimal internal controls and undocumented processes, increasing exposure to financial leakage, compliance risks, and operational inefficiencies. Management lacked visibility into control gaps and risk areas across functions.
Solution & Outcome
Chartered Ways conducted a structured internal audit covering finance, operations, and compliance. Control gaps were identified, risk areas were mapped, and practical control mechanisms were designed and implemented. Process documentation and review checkpoints were introduced.
The organisation achieved stronger governance, improved control effectiveness, and enhanced management confidence, significantly reducing operational and compliance risks.
Case Study 5 :
Virtual CFO & Digital Enablement for a Growing Business
Overview
Company Type: Founder-Led Business
Industry: Services / Consulting
Stage: Growth & Scale
Geography: India
Scope: Virtual CFO, Financial Planning, MIS Automation, Analytics Dashboards
Challenge: Limited financial visibility, manual reporting, weak decision support
Outcome: Data-driven decision-making with automated reporting and CFO oversight
Challenge
The business relied on manual spreadsheets and lacked real-time financial visibility. Leadership struggled with cash flow forecasting, performance tracking, and strategic financial planning needed to support growth.
Solution & Outcome
Chartered Ways provided Virtual CFO support combined with digital enablement. Automated MIS, dashboards, and KPIs were implemented, alongside budgeting, forecasting, and performance reviews. Leadership received structured insights for informed decision-making.
The company transitioned to data-driven financial management with improved cash flow control, strategic clarity, and scalable financial processes supporting sustained growth.