Audit and Assurance Services
Our Audit and Assurance services go beyond the financial statements and gives you insights and transparency to make important decisions and gain confidence of stakeholders.
Investor and managers demand a more timely information than just audited financial statements. The time between the event and acting upon the information has become more compressed and therefore there is a need to provide assistance on real time basis for organisations in promoting investor confidence, managing regulatory responsibilities and supporting long-term, sustainable economic growth.
We assist your organization to effectively manage business risks by providing a full spectrum of corporate governance; risk management and internal audit services. These services, tailored to meet your individual needs and provide effective support to management in meeting the challenges and opportunities presented by today’s complex business environment.
Our services enable you to effectively co-ordinate your key growth, quality and operational challenges and working in partnership with us, you will have the benefits of our experienced, objective and industry-grounded viewpoint.
Our Management Assurance Services offers a wide range of tailored services and products to enhance corporate governance, manage business risk; provide assurance on control effectiveness and support you in achieving your organization’s objectives
We have a team of highly professional qualified Chartered Accountants and other staff for providing tailor made, value added and focused audit services with total experience of over 60 years.
We provide wide range of audit services including:
- Statutory Audit: Under this comes various audits as required by statutory that can be under the income tax, under company laws, under banking laws, under GST laws, so this category has a huge scope under audit services in India.
- Internal Audit: This is mandatory for certain classes however mostly organization makes it a part of the business because of its significance in assessing the organization current affairs and preventing and detecting any error or frauds.
- Concurrent Audit
- Tax Audit
- GST Audit
- Stock audits: Organizations needs to verify their debtors/stocks or the lender needs to verify its borrowers repaying capacity. We undertake current assets audit to enable companies assure the value of their book debts/stock.
- Income Tax Audit : Section 44AB of the income tax act has the provisions related to the audit of accounts. Income tax audit under this section is mandatory for certain class of taxpayers that depends on turnover and receipts limit. To understand if you are liable under the tax audit, you can consult tax advisors that is Chartered Accountants near you.
Our audit approach focus is control on key business processes rather than controls on individual business transactions or business units .Our approach results in a broader audit scope that examines both financial and operational performance, reduces audit gaps and duplication, facilitates benchmarking, and leverages leading practices. Our audit process leverages in-depth knowledge of industry-specific business processes along with the most up-to-date benchmarking and leading practice information. We have various audit tools and Computer Aided Audit Techniques (CAATs) to enable our teams to capture and deploy knowledge throughout the audit process.