services

Audit & Assurance Services

Auditing is a critical tool for ensuring financial integrity and operational efficiency. A well-executed audit provides stakeholders with confidence and offers invaluable insights to management. We go beyond compliance to provide a thorough analysis that helps you identify opportunities for improvement, mitigate risks, and strengthen internal controls. Our services are designed to be a value-add, ensuring your business is not only compliant but also well-positioned for sustainable growth.

Statutory Audits

Statutory audits are a cornerstone of corporate governance. We ensure full compliance with all relevant regulations and accounting standards.

  • Audit under Companies Act, 2013: As per Section 139 of the Companies Act, 2013, every company is required to appoint a statutory auditor. We conduct a comprehensive examination of your financial records in compliance with Indian Accounting Standards (Ind AS) and the Companies (Auditor's Report) Order (CARO). Our audit report, issued as per Section 143, expresses an independent opinion on the true and fair view of your company's financial position.
  • Audit of LLP: Our LLP audit services are tailored to the unique regulatory framework of the Limited Liability Partnership Act, 2008. We ensure that the financial statements are prepared according to prescribed accounting standards and that all statutory filings are accurate.
Tax Audits

A tax audit is a crucial process that ensures the accuracy of income tax computations. Our services minimize your risk of non-compliance and help you avoid costly penalties.

  • Tax Audit under Income Tax Act, 1961: We perform tax audits as mandated by Section 44AB of the Income Tax Act, 1961. This audit involves a thorough verification of your financial books to ensure they reflect the correct income, deductions, and tax liabilities. We issue a Form 3CD report that certifies compliance with tax laws, providing peace of mind during tax assessments.
Internal & Special Audits

Internal and special audits are invaluable management tools that provide an independent assessment of an organization's operations, controls, and risk management.

  • Internal Audits: Our internal audit services assess the effectiveness of your internal control systems and risk management framework. Our audits identify opportunities for process improvement, cost savings, and enhanced efficiency, helping you establish a strong control environment that prevents fraud.
  • Concurrent Audit: We provide a real-time, continuous review of transactions, ensuring the integrity of financial data and adherence to procedural guidelines.
  • Bank Audits and Government Audits: We conduct specialized audits for the banking sector, ensuring compliance with RBI guidelines, and for the public sector, adhering to the standards set by the Comptroller and Auditor General (CAG) of India.
  • Audit of NGOs, Co-operative Societies, Trusts: These entities have unique legal requirements. Our audits ensure that funds are used for their intended purpose and that financial statements are transparently prepared, maintaining credibility with donors and members.
Asset & Inventory Audits

Asset and inventory audits are crucial for maintaining accurate financial records and preventing losses.

  • Stock Audit: We provide a detailed and independent verification of your inventory. We physically verify your stock, reconcile the count with your records, and assess the valuation methods used. This process is essential for accurate financial reporting and robust inventory management.
  • Audit of Fixed Assets: We conduct a physical verification of all your fixed assets and reconcile them with your financial records. This ensures all assets are properly recorded and accounted for, aiding in effective asset management and preventing misappropriation.
 
     
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