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.
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