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Terms of Service

Please read these terms carefully before using our services. By engaging our services, you agree to these terms.

Acceptance of Terms

By accessing our website or engaging our services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service and our Privacy Policy.

If you do not agree to these terms, please do not use our services or website.

Services Provided

Professional Services

Narain & Associates provides professional accounting, auditing, taxation, and business advisory services including:

  • Audit & Assurance Services
  • Transaction Advisory Services
  • Risk Advisory and Compliance
  • Virtual CFO Services
  • Taxation Services
  • Legal & Compliance Services

Client Responsibilities

Clients are responsible for:

  • Providing accurate and complete information in a timely manner
  • Maintaining proper books of accounts and supporting documents
  • Making timely payments for services rendered
  • Implementing recommendations at their own discretion
  • Complying with applicable laws and regulations

Professional Standards

Our services are provided in accordance with:

  • Standards issued by the Institute of Chartered Accountants of India (ICAI)
  • Applicable laws, regulations, and professional ethics
  • International standards where applicable
  • Best practices in the profession

Confidentiality

We maintain strict confidentiality of all client information:

  • All client information is treated as confidential
  • Information is disclosed only with client consent or as required by law
  • Staff are bound by confidentiality agreements
  • Secure systems are used for data storage and transmission

Limitation of Liability

Our liability is limited as follows:

  • Services are provided based on information provided by clients
  • We are not liable for decisions made by clients based on our advice
  • Liability is limited to the fees paid for the specific service
  • Professional indemnity insurance coverage is maintained

Payment Terms

  • Fees are charged as agreed in the engagement letter
  • Payment is due within 30 days of invoice date unless otherwise agreed
  • Interest may be charged on overdue amounts
  • Services may be suspended for non-payment

Termination

Either party may terminate the engagement:

  • By giving 30 days written notice
  • Immediately for material breach of terms
  • Client records will be returned upon request
  • Outstanding fees become immediately due

Last Updated: September 2025
These Terms of Service may be updated from time to time. Continued use of our services constitutes acceptance of any changes.