About Us



Partners

Mr.M Bhaskara Rao

As founder and Senior Partner, he guides the teams for planning and process of Statutory and other Audits of Corporate and Non-corporate entities, Tax, Investment and project consulting, Company Law Advice, Arbitration, Mergers and Acquisitions and executive Recruitment. His experience as a senior professional enabled in depth understanding of industrial map of India. Expert understanding in sectors relating to Infrastructure, Agri, Fertilizers, Cement, Steel, Finance, Education, Hospitality, Health Care, etc.

He has developed deep insight into the banking and the related regulatory framework through association in leading teams of audit and inspection of banking entities including mergers. He has carried out Inspection Assignments on behalf of Banking Regulator and was able to match the professional expectations and confidence reposed by the Regulator.

Present Directorships
  • NCL Energy Ltd. (Nominee Director of IREDA, Member Audit Committee)
  • NCL Industries Ltd. (Nominee Director of IREDA, Director, Member Audit Committee, Member Remuneration Committee)
  • The Federation of Andhra Pradesh Chambers of Commerce and Industry (Member)

Past Directorships
  • Syndicate Bank
  • Punjab National Bank (Director, Chairman Audit Committee 1995-2000, Member Managing Committee)
  • Canbank Venture Capital Fund Ltd. (Director, Trustee and Member of Managing Committee of III Fund)
  • GR Cables Ltd. (Director, Member of Audit Committee)
  • Institute of Chartered Accountants of India, Hyderabad Chapter (Vice Chairman)
  • Bank Users Association (Secretary)
  • Professional Development Committee of Institute of Chartered Accountants of India (Member)
  • Le Magnus University (part of ICFAI Group of Educational Institutions, Member Governing Council, Member Finance Committee, Member Managing Committee)

Mr.Anil Kumar Mehta

Associated as a partner with MBRC for more than four decades. During the past four decades, he has led teams in Statutory and other Audits of Corporate and Non-corporate entities, Tax and Investment consulting, Company Law Advice, Mergers, Acquisitions and Executive Recruitment, Special Audits of accounts and records of Corporates on behalf of Regulatory Agencies and Financial Institutions, Evaluation and implementation of ERP systems.

Heads the internal audit vertical of the firm and also looks after the consultancy assignments on Studies and strategies for Organisation Re-structuring covering Human Resources, Purchase Procedures, Costing including CAPEX Manual for Asset Management.

Present Directorships
  • Premier Explosives Limited (Director, Member Audit Committee, Remuneration Committee, Member Stakeholders Relationship Committee)
  • The Federation of Andhra Pradesh Chambers of Commerce and Industry (Member)

Past Directorships
  • Institute of Internal Auditors (Past President - Club Hyderabad)
  • KP & MB Consultants Private Limited

As a member of Study Group was part of the team for developing
  • Guidance note on "Miscellaneous Expenditure"
  • Guidance note on "Liabilities"
  • Compilation of "Standard Auditing Practices" on "Communication on Audit Matters" with those charged with Governance and "Inter Bank confirmation procedures"
  • Preface to the Auditing & Assurance Standards

Mr.V Raghunandan

Associated with the firm as a Partner since 1989. He is one of the senior partners. He handles statutory audits of public and private sector in Banking and Financial institutions, Insurance sector, Infrastructure – Power / Cement / Construction, Agri based products, Government and quasi government organizations, Sports Authorities / Clubs and Societies and Educational institutions.

Expertise in conducting special Audits / Inspection on behalf of lenders / regulators / entities funded by international agencies, conducted special audit on behalf of government / semi government aided projects. Completed International Financial Reporting Standards certification course from ICAI in 2010. Has been a Speaker at Work Shop jointly conducted by ICAI-UGC and Ministry of HRD on the implementation of Uniform Accounting Standards in Educational Institutions and as a faculty for Central Institute of Rural Electrification of Rural Electrification Corporation Ltd.

Presently
  • Vice Chairman of Hyderabad Branch of ICAI for 2014-15
  • Member of the Managing Committee of Hyderabad Branch of ICAI for the period 2013-16

Mr.V K Muralidhar

Associate with the firm as a Partner since 1997. He has extensive experience in rendering audit & advisory services and business advisory services to Infrastructure Development / Construction companies and other Companies during their project implementations. He was involved in Review and Designing the Commercial Systems, Cost Accounting System, Budgetary Control System, Management Information System and Project Monitoring Systems for some of the major construction companies. Completed International Financial Reporting Standards certification course from ICAI in 2010.

He handles statutory and internal / stock audits of public and private sector entities operating in the areas of Infrastructure, Cement, Power, Fertilizers, Chemicals, Education, Entertainment, Insurance - Life and General, Banking / Financial and IT and ITES.

Mr.M V Ramana Murthy

Associate with the firm as a Partner since 2000. He handles the Audit and Assurance SBU. Has been engagement partner for public including listed companies and private limited companies having multi crore turnover or capital outlay. Completed International Financial Reporting Standards certification course from ICAI in 2010

Specialises in infrastructure and oil and gas audit engagements. He has extensive knowledge of public private partnership projects, and very well conversant of joint venture audits. Possesses good knowledge in IT infrastructure, networking and security aspects and, has handled inspections / investigations on behalf of Regulatory Authorities. Is a regular speaker on Accounting and Auditing topics at Hyderabad branch of ICAI.

Has been member of Committee on Corporate & Allied Laws and Corporate Governance of SIRC of ICAI

Mr.C S Subrahmanyam, CISA

Associated with the firm as a Partner since 2005. Having over two decades of audit and assurance, tax and consultancy experience. Industries covered include exploration and production, banking, software development, manufacturing, trading, finance and mutual funds. Leads the teams for Information Systems audit and assisted a leading software development company in assessment of internal control over financial reporting and disclosure in compliance with Sarbanes Oxley Act and COBIT. Certified Information System Auditor (CISA) by ISACA.

Heads the Tax assurance practice of the firm. Advises on In-bound and Out-bound investments and FEMA related matters. Expert in Risk-Based Audit Methodology and review of Enterprise-wide Risk Management practices. Involved in review and testing of application controls relating to various business application packages and assessment of information technology facilities available with the business entity.

  • Contributed articles of professional interest in The Chartered Accountant Journal, Taxmann etc;
  • Faculty at Hyderabad Chapter of ISACA for CISA review classes
  • Delivered guest lectures on risk based internal audit at SBI-IICM, Hyderabad
  • Review of Sarbanes Oxley Compliance of IT / ITES Companies, as part of the management team

Mr.D Bapu Raghavendra, DISA

Associated with the firm as a Partner since 2010. Part of the internal audit SBU of the firm. Has been team leader for public (including listed companies).

Expertise in E&P Sector with over a decade audit experience in E&P sector carrying out internal audit, statutory audit and Inspection on behalf of regulators. He has a good understanding of terms of PSC and joint venture accounting procedures.

He also leads a team of Professional in carrying out internal and management audit in the following sectors:
  • Manufacturing Sector (Fertilizers and Chemicals, Pesticides and insecticides, Agri Inputs – seeds and consultancy, Industrial safety, Cement, Sugar, Packing materials, Ceramics, Solvent Oils, Textiles)
  • Infrastructure (Power – Thermal, Hydel, Wind, Biomass and Solar)
  • Exploration and Production (Oil and Gas) –Upstream and Downstream
  • Services (Education and Entertainment)

Mr.K Krishna Murthy

Associated with the firm as Partner since 2010 and in-charge of Vizag Branch. Worked in various giant Public Sector Undertakings in areas of finance concurrence, Project Finance, reports connected to BPE, Presentations before COPU, Planning Commission, Oil Co-ordination Committee, OIDB. Well conversant with the system & procedures prevalent in Public Sector Undertakings.

He has in-depth understanding of the process of manufacturing section especially in Fertilizers and Chemicals, Pesticides and insecticides, Cement Companies. He handles statutory and internal / stock audits of public and private sector entities operating in the areas of under Infrastructure, banking and financial services, manufacturing, trading and Agri based sector.

Mr.Mahidhar K S, CISA, DISA

Associated with the firm as a Partner since 2012 and has handled audits of listed, closely held Public companies and Private Limited companies and non-corporate entities. Has handled assignments relating to companies in Infrastructure and real estate, power, Oil and Gas - Exploration and Production, Information Technology / Information Technology Enables Services, Educational Institutions etc. Completed Certified Information Systems Auditor (“CISA”) by ISACA in the year 2008, Diploma in Information Systems Auditor (“DISA”) by ICAI in the year 2009 and International Financial Reporting Standards certification course from ICAI in 2010

Expertise in Information Systems audit with special emphasis on review of Enterprise Resource Planning (ERP) systems. Understanding of the Control Framework of the entities and advising the best practices in the specific industry.

  • Member of Committee on Continuing Professional Education of Southern India Regional Council of Institute of Chartered Accountants of India for the year 2013-14

Ms.P Swathi

Associated with the firm as a Partner since 2012 and has handled audits of listed and closely held Public companies, Private Limited companies and non-corporate entities. She has handled various companies in manufacturing sector including fertilizers, agri-inputs, micro irrigation, Infrastructure and Real Estate, NBFCs, Insurance, Information Technology / Information Technology Enables Services, Educational Institutions and trusts etc.

Mr.Vikas Chobey

Associated with the firm as a Partner since 2013. Has handled audits of listed and closely held Public companies, Private Limited companies and non-corporate entities. He has handled various assignments in the Manufacturing Sector relating to Cement Industries, agri-inputs, fertilizers, sugar industry, cotton industry, Infrastructure, power, Oil and Gas – Exploration and Production, Information Technology / Information Technology Enables Services, Educational institutions, Clubs and associations, etc.

Expertise in upstream and downstream Oil and Gas Companies, exploration and development Companies. Carried out process reviews in respect of all the major cycles in manufacturing sector, Information Technology / Information Technology Enables Services, E&P Sector.