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About Us

TKMS & Associates LLP (formerly Carvalho Associates LLP) is an independent chartered accountancy / public accounting / audit firm offering outsourced accounting, audit, advisory, payroll, tax and regulatory compliance services.

Offering a wide spectrum of comprehensive and value-adding accounting services and solutions, TKMS has carved a unique name for itself as one of the leading and most-trusted accounting / consulting firms in Chennai. Our service offerings are pronounced by the pro-client personal and professional approaches that we endow with each and every client we associate with from diverse business verticals regardless of the scale and scope of their business operations. We have our clientele range from micro, small and medium enterprises to large corporate businesses; start-up businesses to multinational companies; and entrepreneurs to high-net worth individuals at both domestic and global domains.

When it comes to accounting, audit & tax, and other allied consulting service offerings, we have raced past all our competitors to become the fastest growing consulting company operating in the niche outside of the Big 4 of the industry. What renders us unique from the rest of the companies and businesses offering similar services are the young and aspiring professionals we have been bestowed with to support our clients with all needs no matter when. All our service propositions are defined by the integrity, earnestness and transparency that we carefully tether with them offering only the best support for our clientele.

As choosing the right partner to entrust your accounting support is a strategic move, our stellar clientele list, service history and service propositions bringing value to your business will certainly impress you to make the right choice. With our service expertise and unrivalled experience even in exclusive niche domains, we are here to make every one of your accounting transactions to count and bring insights to your business, no strings attached.

We are here to function as your extended financial and accounting strategic partner rather than a third-party consultant. If you are looking for a service provider who can not only offer exceptional service offerings but also value for every dime invested, we are it.

Contact our service support desk, now. We are all ears. If you would like to talk to us about how we can assist you, please contact us at reach@tkms.in

Our Vision
  • To maintain an uncompromised standard of ethics and a commitment to provide innovative and value-added solutions to our clients
  • To strive to exceed our clients’ expectations by meeting their needs in an innovative and open manner
  • To commit ourselves to the pursuit of professional excellence
  • To be a firm that is enjoyable to work for and rewarding to work with
  • To give back to our community through volunteering and charity
  • To be an organization whose environment fosters professional development and productivity among all members of the organization
  • To educate and equip our valued clients for future success
  • To occupy a position of unique leadership among the local business community
Our Mission

To be the most respected, independent and premier professional services firm in India

Our Values
Continuous Learning

Increase our knowledge and develop areas of expertise that clients and the firm value. Demonstrate thought leadership in core industries we serve.

Agile

Offer services with agility unmatched by others
Responsive – Our firm is responsive. Companies who choose our firm rely on competent advice with a meticulous blend of speed and quality.

Responsive

Our firm is responsive. Companies who choose our firm rely on competent advice with a meticulous blend of speed and quality.

Valuing People

We say “team” not “individuals,” because our people are resources to be invested in and because it is teamwork that contributes to the success of customers.

Alert

Our firm remains alert to changing rules and regulations thereby providing our clients instantaneous advice.

Leadership

Our focus is on developing our next generation of leaders as experts in respective fields.

Honesty & Integrity

Meet our professional responsibilities in an ethical and fair manner

Openness

Provide clients a voice for their opinions and ideas to be heard and respected

Professional & Technical Excellence

Provide professional & technical excellence to our clients

Passion

We love what we do

Respect

We value everyone’s contribution

Firm

We always believe in “firm first” principle

Our Culture
  • Accountability
  • Collaboration
  • Competence and Service Quality
  • Conscientiousness
  • Conservative
  • Ethical Behaviour
  • Entrepreneurial Focus
  • Empowerment
  • Empathy
  • Efficiency
  • Family Like Environment
  • Honesty
  • Hard Work
  • Listening and Understanding
  • Positive Attitude
  • Persistence
  • Practical Solutions
  • Respect for Others
  • Team Work
Our Performance Standards
  • You will always receive friendly and courteous service. You will be respected and not taken for granted.
  • We will be honest and truthful with you at all times. Within the best of our ability, we will keep you informed and eliminate unpleasant surprises.
  • We will do our best to honor our commitments to you absolutely. Therefore, we will not promise what we cannot deliver.
  • If for any reason beyond our control, we cannot fulfil our obligations, we will inform you of the difficultly as early as possible.
  • All communications (phone calls, emails, etc.) that require a response will be acknowledged by the next business day at the latest, sooner if possible.
  • Our services may not be the least expensive on the market. They will, however, be the absolute best in quality and value.
Global Reach

Our firm is mobile and ready to work for our clients from all over the world. We have been engaged as accountants & consultants for foreign entities that have established their businesses in India.

TKMS Advantage

Our policy is to look after long lasting relationship with our clients which we believe will come naturally by making their success our business.

  • Competitive pricing
  • We know what it means to run your business
  • We care for you
  • Independence & objectivity
  • Competence & due care
  • Family Like Environment
  • Effective & efficient delivery of work
  • Professional standards
  • Swift response to request
  • Friendly & personalized approach
Why Outsource

By delegating responsibilities to external agencies, companies can wash their hands off with functions that are difficult to manage and control while still realizing their benefits.

  • Support in setting up a new company
  • To comply with legal / fiscal regulations
  • To increase efficiency and reduce costs
  • To gain access to resources not available internally
  • To mitigate cost of non-compliance
  • Assistance with bookkeeping, reporting and accounting on a local or transnational basis
  • To allow employees to focus on core competencies / redirect strategic internal resources for core activities
  • To lower operational and labor costs resulting in significant savings
  • To face shortage of 360-degree skill sets with internal resources
  • We welcome your feedback, suggestions, comments and ideas which is essential to our continued improvement
Founder

Late Mr. Angelo Carvalho (1958-2010) having graduated from Loyola College in Chennai and a Fellow Member of the Institute of Chartered Accountants of India had his training with M/s. Fraser & Ross, one of the leading audit firms in India. He started his own private practice in the year 1985 under the name M/s. Carvalho Associates, an audit, tax & business consulting firm in Chennai.

Since 1991, India has opened up its market to the global economy. There is rapid foreign direct investment into India from all parts of the world. With the emergence of corporate governance throughout the world, there is a need for accurate and timely financial reporting. Also, in a country like India with numerous Central and State laws & regulations, investors need clarity on a number of issues relating to accounting, audit, tax, consulting and regulatory compliance related matters. In view of the above need, there is a need to provide a personal, partner-led service aimed at entrepreneurial micro, small and medium enterprises (MSMEs), large corporates, multinational companies and high-net worth individuals with an international dimension. This firm continues its professional practice under the auspices of young and dynamic Chartered Accountants. The mission is to position the firm as a genuine alternative to the Big 4’s, to provide clients with guidance on every aspect of accounting, audit, tax and regulatory matters with emphasis on sound conceptual thinking and objectivity and also to provide an independent and objective opinion for practical matters by undertaking in depth research and identifying best practices on relevant issues.