Audit Services
We are focused on delivering a high quality audit which is responsive to the needs of the business, delivered by a team with high technical standards with appropriate rigour and challenge. Our teams use their sector specialist knowledge to bring value through the audit process.We ensure you have effective and accurate financial systems and controls in place to meet your business and compliance requirements is critical to your success. Supporting high quality audits through policies, procedures ,technology and culture. We strongly believe that the audit, although a statutory requirement, can add value to client organisations and assist management in their decision-making process. Our auditors perform auditing and financial analysis with a minimum of fuss and maximum efficiency and accuracy. Clients can be assured that audit quality is maintained to the highest level.
- Types of audit:
Statutory audit:- Statutory Audit is the obligation imposed on the company by the ‘Statute’.. A statutory audit is a legally required review of the accuracy of a company's (or government's) financial statements and records. The exact meaning of the statutory audit is “Providing true check of financial position of a company by following respective laws and regulations in the country.”
Internal audit:- Internal Audit & Internal Financial Control Testing is needed as per Companies Act. Internal auditor can add value to your business to arrest leakage & improve control & efficiency. It helps in understanding and assessing risks and evaluates the internal controls and checks.
Due diligence audit:- A due diligence audit is basically a careful investigation into the complete financial picture of a company. Due diligence is an investigation or examination of a business prior to signing a contract, or an act with a certain standard of care.
Interim audit:- An interim audit involves preliminary audit work that is conducted prior to the fiscal year-end of a client. An interim audit can also refer to a full audit that is conducted for an interim period, such as for a quarter or half-year. An interim audit can also refer to a full audit that is conducted for an interim period, such as for a quarter or half-year.
Stock audit:- Stock audit is considered as an important auditing term which refers to the physical verification of the inventory. Stock Audit is an independent check on the functions of the management, which has some value in the eyes of law and the taxation authority.
Tax audit:-A tax audit is conducted only on business or profession, and not on individual income. Auditing of accounts is a best practice that will ensure that the laws are adhered to and that there is no tax fraud or evasion.