Audit and Assurance
Statutory Audit
Our approach as an auditor includes a deep understanding of your business and the industry in which you operate, enabling us to design an effective audit plan. Our procedure has been designed to comply with:
- Standards on Auditing
- Current Statutes,
- Indian Accounting Standards,
- Standards of Quality Control (SQCs),
- Standards on Auditing (SAs),
- The guidelines issued by the regulatory board regularly.
Tax Audit
Tax Audit is an examination of a business or professional tax affairs to check whether the transactions undertaken by them are as per the provisions of Income Tax Act. There are various kinds of audits, certificates and reports required to be furnished by Chartered Accountants.
Our taxation advisory team has a vast experience in tax laws of India and they are presently assisting many of our clients with cost-effective and practical solutions to file their tax audit returns in time.
Forensic Audit
Security of organization’s assets is a growing concern. We undertake forensic audits at the specific request of the management or regulator to detect fraud, misappropriation of resources, misconduct or financial irregularities.
Special Purpose audits
We assist our clients with special purpose reviews wherein we check on management or regulator specified areas viz. Corporate Social Responsibility, Anti-money laundering, Information Technology Systems, Grant utilization, etc.
Internal Control
We review and evaluate the effectiveness of your organization’s internal controls. Based on the risk assessment, we evaluate the adequacy of existing internal controls and perform checks whether these are appropriately implemented. The processes, risks and controls are documented, recommendations provided for improvement and we stay involved through the implementation.
Risk Advisory
We provide customized risk management advice to keep the organization compliant with Indian regulations, ensure that financial statements are reliable and overall help you to curtail avoidable losses.