Audit Services:

As the operational and financial reporting demands within organizations have become more complex, so too have the audit services provided by professional accountants. Auditors have a responsibility to objectively ensure the accuracy of the financial information presented to third party users, who rely upon this accuracy to make major investment or other decisions about the audited client.

We focus our attention on areas of higher risk and where risk is low, we focus on exceptions. The scope of our auditing services extends far beyond the standard audit engagement offering an opinion on the accuracy of financial statements. Our team of professionals is qualified to meet the changing and complex needs of our clients.

Our audit services include:

• • Tax Audits: Tax Audits are conducted for all clients according to the Rules and standards prescribed by Income Tax Act.
  • Statutory Audits:  A statutory audit is a legally required review of the accuracy of a company’s or government’s financial statements and records. The purpose of a statutory audit is to determine whether an organization provides a fair and accurate representation of its financial position by examining information such as bank balances, bookkeeping records, and financial transactions.
  • Compliance Audits:  We perform compliance audit to review whether an organization is adhered with specific regulatory guidelines. Our Audit reports evaluate the strength and thoroughness of compliance preparations, security policies, user access controls and risk management procedures. Further, we objectively obtain and evaluated the evidences regarding assertion and events to ascertain the financial records are appropriate.
  • Internal and Management Audits: Internal Audit has in recent years emerged as an essential part of the control process within many organizations mostly as a result of:
    • The emergence of risk management as a key theme for managers and a number of well-publicized financial collapses has led to the need for and role of internal audit to be reviewed by many businesses.
    • The subject of Corporate Governance has been a dominant theme for a number of years and is now closely aligned to risk management and the delivery of controls statements as part of the annual financial reporting process.
  • Internal Control Review: Internal Control review both financial and otherwise, are to be put in place by management to achieve objectives and thereby to mitigate risks to which the organization is or may become exposed. In order to make a positive contribution to achieving effective stewardship and value for money, Internal Control review must demonstrate a clear understanding of the risk profile of the organization and deliver
  • Certification Services: We provide certification services to our clients based on information made available, upon request.
  • Stock & Revenue Audits: Stock and revenue audits are undertaken to identify leakages of income/revenue.
  • Operational Audits:  Operational Audit is a systematic review of effectiveness, efficiency and economy of operation. We objectively obtain operational policies, procedures related to organizational objectives. Further, we will prepare checklists for operational Audits.
  • SOX Audits: Our team has expertise in SOX Audits for various foreign companies.
  • Concurrent Audits: As part of the concurrent audit, we verify compliances to various RBI rules and regulations including KYC norms, AML Guidelines compliance to systems and controls and documentation.