AUDIT & ASSURANCE

We deliver audit and assurance services to help organisations in complying with the requirements of various laws in India and also to help our clients in promoting investor confidence, managing regulatory responsibilities and supporting long-term, sustainable economic growth.
Our audit approach incorporates standard and ideal practices that are in accordance with requirements of the Law and according to the capacity and requirement of an organisation.

-STATUTORY AUDIT: A statutory audit is a legally required check of the accuracy of the Financial Statements and records of a company and is intended to determine if an organisation delivers an honest and accurate representation of its Financial Position by evaluating and examination of Information.

-INCOME TAX AUDIT: These include the audits mandated by various provisions of the Income Tax Act, 1961 and includes but not limited to Income Tax Audit u/s 44 AB, Transfer Pricing Audit u/s 92 E, etc.

-GST AUDIT: These include the audit mandated by GST Act for entities at various levels. We have a dedicated team of professionals working in this area to deliver highest standard of quality to all our clients.

-INTERNAL AUDIT: Internal audits evaluate an entity's Internal Controls, including its corporate governance and accounting processes. These audits ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection. The purpose of auditing internally is to provide insight into an organisation's culture, policies, procedures, and aids board and management oversight by verifying internal controls such as operating effectiveness, risk mitigation controls, and compliance with any relevant laws or regulations. Such audit requires special set of skills to perform which is why we have a dedicated team of experts in this area.

-TRANSFER PRICING AUDIT:Transfer pricing can be defined as the value which is attached to the goods or services transferred between related parties. In other words, transfer pricing is the price that is paid for goods or services transferred from one unit of an organisation to its other units situated in different countries

-FINANCIAL STATEMENT AUDIT: A financial statement audit is the examination of an entity's financial statements and accompanying disclosures by an independent auditor. The result of this examination is a report by the auditor, attesting to the fairness of presentation of the financial statements and related disclosures.

-STOCK AUDIT: Stock audit, in general usage is considered as an important auditing term which refers to the physical verification of the inventory. 
Reasons why one should look forward for the stock audit : To update the opening stock details. To identify the discrepancy between book stocks also known as computed stock and physical stock. To update the actual physical stock as book stock. To ensure proper preservation and handling of stocks.

Other Audits include:
-REVENUE AUDIT
-COST AUDIT
-LIMITED REVIEW
-MANAGEMENT AUDIT