| |
|
|
Audit Services |
| BROADLY, AUDIT INVOLVES THE FOLLOWIG: | | | Audit broadly involves a systematic evaluation of financial records, internal controls, and operational procedures to ensure accuracy, compliance, and efficiency. Our audit approach includes:
| | |
In-depth study of existing systems, procedures, and controls: Understanding current practices and suggesting improvements to strengthen processes.
-
Compliance review: Ensuring adherence to internal policies, statutory regulations, and applicable laws.
-
Financial statement review: Comprehensive analysis to ensure accounts are prepared in accordance with Generally Accepted Accounting Principles (GAAP), Accounting Standards, or IFRS.
-
Expense verification: Checking genuineness and appropriateness of expenses recorded in accounts.
-
Operational efficiency: Identifying inefficiencies at any operational level and suggesting corrective measures.
-
Leakage detection and prevention: Detecting revenue leakages and recommending preventive measures.
-
Certification of accounts: Certifying that books of accounts are in agreement with the Balance Sheet and Profit & Loss Account.
-
Issuance of audit reports: Preparation of audit reports as required under various laws.
|
Types of Audits conducted:
- Statutory Audit of Companies
-
Tax Audit under Section 44AB of the Income Tax Act, 1961
-
Special Audits under other sections of the Income Tax Act, such as 80HHC, 80-IA, etc.
-
Concurrent Audits
-
Revenue Audits of Banks
-
Branch Audits of Banks
-
Audits of PF Trusts, Charitable Trusts, Educational Institutions, etc.
-
Audit of Co-operative Societies
-
Information System Audit (IS Audit)
-
Internal Audits
|
| |
| |
| |
| |
|
|
|
|
|