Infrastructure & Energy
Capital-Intensive. Contract-Driven. Regulated.
Infrastructure and energy enterprises operate within capital-intensive and project-driven environments governed by Companies Act 2013, Ind AS frameworks, and sector-specific regulatory mandates. Long-term EPC contracts, Public-Private Partnership (PPP) models, concession agreements, and structured project financing arrangements require disciplined accounting and governance oversight.
UCC & Associates LLP supports infrastructure developers, EPC contractors, utilities, transport operators, ports, railways, telecom entities, and oil & gas enterprises through structured professional engagement aligned with statutory and regulatory frameworks.
Regulatory & Reporting Landscape
The sector typically involves:
- Revenue recognition under Ind AS 115 (Revenue from Contracts with Customers)
- Accounting for PPP and concession agreements
- GST compliance on works contracts and infrastructure projects
- Debt covenant monitoring and project finance reporting
- Internal Financial Controls (IFC) under Companies Act 2013
- Capitalisation of project expenditure and asset recognition
Professional engagement requires structured documentation, control evaluation, and regulatory alignment.
Regulatory & Reporting Landscape
The sector typically involves:
- Revenue recognition under Ind AS 115 (Revenue from Contracts with Customers)
- Accounting for PPP and concession agreements
- GST compliance on works contracts and infrastructure projects
- Debt covenant monitoring and project finance reporting
- Internal Financial Controls (IFC) under Companies Act 2013
- Capitalisation of project expenditure and asset recognition
Professional engagement requires structured documentation, control evaluation, and regulatory alignment.
Key Risk & Governance Areas
- Project accounting and work-in-progress validation
- Contract cost monitoring and margin assessment
- Compliance with concession and regulatory conditions
- Internal control over project expenditure
- Consortium and related party arrangements
- Working capital and funding oversight
Key Risk & Governance Areas
- Project accounting and work-in-progress validation
- Contract cost monitoring and margin assessment
- Compliance with concession and regulatory conditions
- Internal control over project expenditure
- Consortium and related party arrangements
- Working capital and funding oversight
Our Sector Engagement Areas
- Statutory and internal audit of project entities
- IFC / ICFR testing and documentation review
- GST advisory on EPC and infrastructure contracts
- Ind AS implementation and reporting alignment
- Risk and governance framework assessment
Our Sector Engagement Areas
• Statutory and internal audit of project entities
• IFC / ICFR testing and documentation review
• GST advisory on EPC and infrastructure contracts
• Ind AS implementation and reporting alignment
• Risk and governance framework assessment
