Statutory Audit –Statutory audit aims at expressing a true & fair opinion on financial statements, IFRS compliances, Companies Act compliances, AS compliances, assessment of internal control & auditing of accounts.
Internal Audit – Internal audit is conducted to ensure strong internal control systems to minimize the risk of accidental or deliberate errors and omissions. It is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operation. The scope and objectives of internal audit vary widely and are dependent upon the size and structure of the entity and the management requirements. It operates in one or more of the following areas generally:
# Review of accounting system and related internal controls.
# Examination of Management of financial and operating information.
# Examination of the economy, efficiency and effectiveness of operations including the financial controls of an organization.
# Examination of Organisation Chart and rationalization of the structure, duties and responsibilities of the personnel.
# Review of compliances of various Economic Laws and relevant statutes.
# Physical examination and verification of stocks and assets.
Tax Audit – Tax audit involves auditing the financial statements of an eligible entity in accordance with the provisions of the Income tax laws of India and providing disclosures through specified formats.
Concurrent Audit– With the help of diligent and adept professionals, we have been able to offer our valuable clients a qualitative Concurrent Audit Service. It involves a systematic and timely examination of financial transaction on a regular basis to ensure accuracy, authenticity, compliance with procedures and guidelines.
GST Audit –We provide GST audit services to our clients involving various compliances such as input and output reconciliations, preparation and filing of annual return and GST audit certification. We conduct examination of records, returns and other documents maintained by the client to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and to assess the compliance with the provisions of GST.
System Audit, System Analysis And Design –It involves an in depth analysis of the company’s current processes and procedures in place, suggestions for improvement of current processes, checking for loopholes in the system, establishing checking points.
Secretarial Audit– Secretarial Audit for the corporates in compliance with section 204 of the Companies Act, 2013.
Bank Audit – We are involved in providing Bank Audit Service as per the scope framed by the Banks and as per Banking Regulation Act including rules framed thereunder.
Government Undertakings – Audit services, Income Tax Appeal services and other related professional services to the Government Undertakings as per the scope of work and requirement put forth by them.
Due Diligence– Due diligence is an investigation or audit of a potential investment to confirm all facts, such as reviewing all financial records, plus anything else deemed material. Due diligence refers to the care a reasonable person should take before entering into an agreement or a financial transaction with another party. A sound understanding of local laws, regulations and accounting practices enables us to vet all critical issues in detail.
International Audit –We offer various services such as Management audit, internal audit, profit optimization, Balance Sheet audit, etc. to our clients having operations in India.
Stock & Receivables Audit –We perform audit of stock and book debts and other securities pledged to banks or financial institutions and also undertake miscellaneous verification as per bank requirement.