Audit Services

Broadly, Audit involves the following:

• Indepth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.
• Ensuring compliance with policies, procedures and statutes.
• Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards/Ind-AS
• Checking the genuineness of the expenses booked in accounts.
• Reporting inefficiencies at any operational level.
• Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
• Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account.
• Issue of Audit Reports under various laws.

Types of Audits conducted:

• Statutory Audit of Companies under the Companies Act, 2013
• Tax Audit under Section 44AB of the Income Tax Act, 1961.
• Transfer Pricing Audit under the provisions of the Income Tax Act, 1961
• Concurrent Audits..
• Branch Audits of Banks.
• Information System Audit
• Internal Audits.