About Us

The firm Mankala & Associates, Chartered Accountants established in the year 2006 and successfully delivering the processional services since last decade, with a view to development of profession and add the new generation capabilities to the firm; it has added young professionals and changed the firm name as “Mankala & Chikkala”, Chartered Accountants. Enabling growth of our customer business is our mission.

Mankala and Chikkala is a group of professionals with sound regulatory and professional knowledge, our team consists of Chartered Accountants, Company Secretaries, Cost Accountants, Lawyers, MBA’s, Semi-Qualified Staff and Financial Management experts having vast experience in providing multi-disciplinary services in a wide range of areas including Taxation, Regulatory, Audit, Assurance, Business Set-up, Corporate Finance, Payroll, MIS, Valuations and Mergers & Acquisitions.

Srinivas Mankala

FCA, LL.B, B.Com

Mr. Srinivas Mankala, aged about 43 years, is a Fellow Member of the Institute of Chartered Accountants of India and has done graduation in Commerce in the year 1999. He has qualified as a Chartered Accountant in 2005. Immediately after qualification; he opened his own firm in the name and style of Mankala Srinivas, Chartered Accountants. With a view to development of profession he has joined as a partner in M/s. Bethineedi & Associates, Chartered Accountants.

He has rich experience in handling various Statutory Audits, Tax Audits, Central Excise Act audits, Internal Audit, Co-operative society's audits, PSU audit etc.

He also has Certification on 'Bachelor of Laws'. His ability to understand the business environment coupled with his sound financial and accounting background has enabled him to specialize in conducting statutory audits of companies and other company law matters.

He has prime knowledge of Income tax in the area of Direct Taxes. He also has rich experience to handle assessment cases, Appeals, Search & Seizure cases.

He has rich knowledge of Goods and Services Tax in the area of Indirect Taxes. He is an expert in handling assessment cases.

CA Shanmukha Rao Chikkala

B Com, FCA

Mr. Shanmukh Rao Chikkala, aged about 30 years, is a Fellow Member of Institute of Chartered Accountants of India and has 10 years of experience in the hardcore profession of accountancy. Specialties:

  • Auditing and Assurance
  • Client Representation with Revenue Authorities (Direct and Indirect Taxes)
  • Tax Planning and submission of Tax returns (Direct and Indirect Taxes)
  • Business Registration Services (Proprietary/Partnership/LLP/Company)
  • ROC Statutory Compliance and NCLT Representation
  • FEMA/IEC Compliance
  • International Taxation Services
  • Preparation of Project Reports, CMA Data and loan Syndication
  • SSI/SME Consulting Services

Key Role Areas:

  • Had been an effective team member in performing statutory audits, Income Tax audits and Sales tax, Service tax, Stock Audits of various companies and firms
  • Had good experience in Bank Statutory Audits for various branches of Nationalized Banks
  • Liaisoning and ensuring the legal compliance with varies government authorities like formation of companies, ROC Matters, Central Excise, IEC, NSIC, Service Tax, VAT, PF, ESI, etc.
  • Income Tax Filings of all the assesses and ensuring the Direct Tax compliance like TDS/TCS
  • Review of DTA Agreements, International transactions and issue of relevant certificates in light of FEMA Regulations
  • Mergers and Acquisitions with regard to Registrar of Companies
  • Setting up of NGO’s, Charitable Trusts and ensuring their operations are in line with their objectives and statutory requirements
  • Expert in Goods and Service Tax input and Output Tax reconciliation and timely filing of various periodical GST Returns

CA Savitha Gande

B Com, ACA

Ms. Savitha Gande, aged about 26 years, is an Associate Member of Institute of Chartered Accountants of India and has 8 years of experience in the hardcore profession of accountancy. Specialties:

  • Over 5 years’ experience in Accounting, Auditing and Taxation.
  • Expert in GST Compliances and advisory.
  • Business Strategies consultancy.
  • Preparing Projections and CMA data for corporate loans.
  • Preparation of budgets and variance analysis.

Key Role Areas:

  • Had been an effective team member in performing statutory audits, Income Tax audits and Sales tax of various companies and firms
  • Liaisoning and ensuring the legal compliance with varies government authorities like formation of companies, Central Excise, IEC, NSIC, Service Tax, VAT, PF, ESI, etc.
  • Income Tax Filings of all the assesses and ensuring the Direct Tax compliance like TDS/TCS
  • Exposed to audits of Trading, Manufacturing & service Company’s, and my audit exposure broadly includes the following:
  • Auditing and compliance |Finalization of Accounts |Preparation of Financial Statements|Legal compliances

Mohammed Zakiuddin Fahad

B.Com, ACA

Mr. Zakiuddin Fahad, aged about 25 years, is an Associate Member of Institute of Chartered Accountants of India.

He is having 7 years of progressive experience in finance and accounts. An energetic, detail oriented, diligent and progressive thinking business professional, with sound knowledge of current business theories and practices. A proactive problem solver with positive attitude, adept in identifying areas of improvements and utilize exceptional communication and leadership skills.

Specialties:

  • MIS Reporting
  • Accounts Payable Management
  • Accounts Receivable Management
  • Budget Preparation
  • Periodical Book Closing
  • Payroll Management
  • Variance Analysis
  • Statutory Compliance
  • Documentation & Mail Merge
  • Time saving techniques while working with spreadsheet

Key Role Areas:

  • Managing accounts receivable, sales reporting, customer invoicing, collection report, customized AR ageing reports.
  • Managing accounts payables, vendor account reconciliation, reviewing vendor agreements/contracts, AP aging reports, AP processing.
  • Payroll processing, co-ordination with US team, health benefit, payroll tax filling, new hire/ termination, payroll recon with W2’s, sending mailer to EE’s, review of PTO policy, expense reimbursement, co-ordinating with insurance broker.
  • Preparation of actual & anticipated cash flow and bank reconciliation.
  • Preparation and recording journal entries in the General Ledger in a timely and accurate manner and in accordance with US GAAP
  • Intercompany reconciliation, eliminations and preparation of consolidated financials.
  • Fixed Asset register maintenance, depreciation, loan repayment and prepaid schedule.
  • Deliver work product in accordance with Service Level Agreements.
  • Audit closure co-ordination with external auditors; Review audited financials
  • Developing business process flow chart, process notes and reporting structures.
  • Income & expense review, variance analysis reporting, general ledger review and reconciliation, AJE’s, accrual/reversal and preparation of periodic financial package.
  • Working with executives and business heads to prepare budgets and track profit / loss performance by business unit on consolidated basis
  • Ensuring that cash flows are adequate to allow business units to operate effectively
  • Forecasting payments and anticipating challenges arising from limited cash flow
  • Liaising with other departments and business units on a range of issues
  • Providing advice on financial matters impacting on the company as a whole
  • Maintaining and transferring money between bank accounts as required
  • Payment of invoices and fees as required or otherwise instructed
  • Ensuring that statutory payment and filings are done on timely manner

Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities

Sharath Chandra Mankala

B.Com, FCS, LLB

Associate Partner, Sharath Chandra Mankala has an experience over 7 years. He has previously worked with Venture Capital Entities, Power Sector Companies and Corporate advisory firms.

He is a fellow member of the Institute of Company Secretaries of India (ICSI). He also holds a Bachelors of Commerce, and LLB from Osmania University, Hyderabad.

His expertise spans across the fields of drafting of Corporate and Investment Agreements, Corporate Litigation, and Takeovers. He has also appeared before NCLT on multiple occasions.

He also writes articles on the topics of Corporate Laws and Economics which are published in multiple digital platforms/portals.

Ramya Inala

B.A, FCS, LLB

Associate Partner, Ramya Inala has an experience of over 7 years. She has previously worked with corporate advisory firms and Companies listed on Stock Exchanges.

She is a fellow member of Institute of Company Secretaries of India (ICSI). She also holds a Bachelor of Arts and LLB from Osmania University, Hyderabad.

Her expertise spans across the areas of Corporate Laws, Listing Compliances, FEMA, Intellectual Property Rights, etc.

Our Services:

  • Finance & Accounting Functions
  • Auditing and Assurance
  • Human Resource Functions / Payroll Services
  • GST / PT / PF / ESI / TDS
  • Client Representation with Revenue Authorities (Direct and Indirect Taxes)
  • Tax Planning and submission of Tax returns (Direct and Indirect Taxes)
  • Business Registration Services (Proprietary/Partnership/LLP/Company)
  • ROC Statutory Compliance and NCLT Representation
  • FEMA / IEC Compliance
  • International Taxation Services
  • Preparation of Project Reports, CMA Data and loan Syndication
  • SSI / SME Consulting Services
  • FEMA / RBI / Corporate Restructuring
  • Intellectual property rights
  • Decision Support, Financial Planning and Analysis
  • Business Analysis

Our Key Team Members and associate partners:

  • Shankar Mylavarapu, B.Com, (CA), LL.B
  • Giridhar Kyathika, B.Com, (CA), LL.B
  • Raju S, B.Com, (CA), LL.B
  • Srinivas Reddy Adaboina, M.Com, LL.B
  • Chandra Shekhar, B.Com, MBA
  • Chandra Mohan, B.Com, (CA)
  • Dasa Sheshu, M.Com, LL.B, MBA
  • Tholiseswara Reddy, M.Com, LL.B
  • Anjaneyulu G, B.Com, MBA