Center for Examining Financial Reporting & Governance, CEFRG in short, is the product of many years of painstaking contemplation and consultations with several small and key stakeholders in the fields of financial reporting, governance and risk management.
At CEFRG, we envision an India where the quality & audit risk management of assurance and advisory services provided by small and medium sized firms are at par with global standards. CEFRG is on a mission to help small and medium sized audit firms provide efficient and effective audits by designing a proprietary audit documentation methodology specifically for their use.
We also see many small and medium businesses growing into unicorns, with strong risk and governance practices helping them balance risk and growth. We help businesses protect and enhance their value by providing top-notch Internal Audit services covering Governance, Risk and Controls to help them balance risk with their aspirations and take them to the next level of growth and maturity.”
CEFRG is founded by Chartered Accountants having broad based and deep expertise in audit, taxation and advisory functions with over 100 years of top-notch collective experience. Founders bring a wide range of experience gained in core industry and advisory roles.
V V Ranganathan
A successful finance professional, he was a Senior Partner and on the supervisory board of Ernst & Young. He was the Country Leader for Strategic Growth Markets and Country Head for Quality & Risk Management of the firm. He co-founded the "Entrepreneur of The Year" in India and was on the Global founding team of the "World Entrepreneur of The Year" in Monte Carlo.
He is also an Entrepreneur and an Author. He is a published author of three books with raving reviews. He has co-founded many ventures with young talents which are at various stages of growth. Some of his ventures are social enterprises. He is also involved with large foundations that run hundreds of schools all over India as well leading a focused program on supporting economically weak but academically strong students. He was recently awarded "Sankara Ratna Award" in recognition of his immense contributions towards the good work supporting the social missions of The Medical Research Foundation & The Vision Research Foundation that run the Eye Hospital Sankara Nethralaya.
A Senior Partner in one of the oldest and most reputed firms of Chartered Accountants in Kerala, K. Venkatachalam Aiyer and Co, Gopalakrishnan is a rank holder at the all-India level in the CA Final examination and CA Intermediate examination. Gopalakrishnan is an authority in bank audits and has spoken at several seminars across the country on bank audits. He holds membership in the State Council of the Confederation of Indian Industry, Kerala region and is associated with the Education Trust as Chief Sevak of the Chinmaya Mission Educational and Cultural Trust, Ernakulam. He is the founder President of Chinmaya Vidyalaya, Kottayam and has held the position since inception. He has been a faculty for coaching of CA Intermediate and Final students. He has been the Director of Dena Bank and has held the position of Chairman of its Audit Committee.
He was previously the Independent Director of Food Corporation of India Limited, National Hydro Power Corporation Ltd, Central Railside Warehouse Company Limited, Dena Bank and State Bank of India (Kerala Local Board). He has held the position of Audit Committee Chairman of these entities.
Founder and Director
Amitabh was as a Senior Partner in Ernst & Young's India Tax Practice. In a career with Ernst & Young spanning over 23 years, he has held numerous leadership roles in Ernst & Young and has worked in diverse areas of taxation and advisory services. A Chartered Accountant by education, he joined Ernst & Young's member firm in India in 1989 after graduating from SRCC. He quickly became a Partner and was a Senior Partner in Ernst & Young's Tax Practice.
Teaching and mentoring have always been areas of deep personal interest for Amitabh and he was deeply involved with learning and development initiatives within Ernst & Young. He has co-founded CA Scholars, which is aimed at providing the best learning experience to students pursuing the Chartered Accountancy course.
Founder, CEO, Director
Sridhar, a Chartered Accountant and Certified Internal Auditor, has a deep understanding of the nuances of attest functions. He has extensive assurance expertise gained over 25 years at Ernst & Young, Deloitte & KPMG. Sridhar has exposure to a variety of sectors with Banking & Financial Services and Insurance being prominent. Prior to CEFRG, he was Chief Financial Officer of the investment banking arm of a US$60bn Banking Group based in Saudi Arabia.
He brings along demonstrated ability to streamline processes that drive growth and improve efficiency. He has extensively worked on internal control and process improvement reviews across industries. He has proven expertise in designing and implementing financial controls, business planning and performance measurement. He has assisted Banks with spin-offs of their Investment Banking divisions and has helped install and improve governance structures at large businesses.
He is spearheading the development of CEFRG Audit Methodology.
It is under his vision that the Internal Audit practice of CEFRG is blossoming. Internal Audit clients benefit from operational improvements, significant value additions and strong internal controls & governance structures as they provide assurance that internal controls in place are adequate to mitigate risks, governance processes are effective and efficient and organizational goals and objectives are met.
Hari Baskaran Boopal
Hari is a Chartered accountant and an alumnus of University of Chicago Booth School of Business. Hari has rich experience in the assurance practices, both in India and overseas, at Deloitte and Ernst & Young. He brings along proven expertise in Audit and Banking with focus on process improvements and performance measurement practices. He held senior level positions at Group Financial Control at one of the largest and highest rated banks in the Middle East.
Hari has introduced many critical processes and improved many other processes in Banks, resulting in more speedy, reliable and consistent information to the CEO and the Board levels. He has identified and automated processes that have led to significant time and cost savings.
He has extensive knowledge of Banking processes. His areas of expertise include fund transfer pricing, cost allocations and income sharing, among others. His expertise will come in handy for audits of organisations with complex operations.