Audit & Assurance

Audit & Assurance

Our engagement team provide audit and assurance solutions that help our clients not only their reporting requirements but guide them to establish a control over the financial reporting and internal financial control system. Our services provide high level of assurance to the stakeholders and those charged with governance in relation to the reliability of the financial reports and results prepared by the management.

Our team have a wide variety of audit and assurance services at our disposal.

Forensic Audit

  • Identifying conflicts of interest, bribery and extortion leading to corruption.
  • Asset misappropriation.
  • Intentional forgery of accounting performance.
  • Preventing generation of NPAs.

Statutory Audit

  • Following Generally Accepted Accounting Principles (GAAPs)
  • Free from material misstatements, errors and discrepancies
  • Monitoring organizational ethics.
  • Conducting effective reviews of operational & financial performance.
  • Assessing quality, economy and efficiency of operations.
  • Suggesting continuous improvement strategies

Internal Audit

  • Management oriented advice on organisation and its operations.
  • Performance and financial services.
  • Promoting efficiency, economy and effectiveness of management processes.
  • Adding to the reliability and accuracy of operations
  • Internal Financial controls

Concurrent Bank Audit

  • Review of procedures related to processing and sanctioning loan.
  • Keeping an eye in cash retention limit.
  • Maintenance of all bank vouchers
  • Focusing on potential NPAs.

Goods and Service Tax Audit

  • Conduct of audit as per the requirement of GST laws.
  • Confirming the turnover as per books are in line with the turnover disclosed on GST portal
  • Checking the input claimed by the assessee on GST portal is as per Books and GSTR 2A / 2B
  • Evaluating the internal controls of assessee related to regular compliance of GST laws.

Tax Audit

  • Conduct of tax audit under section 44AB of Income tax act, 1961.
  • Filing of forms 3CA, 3CB and 3CD.
  • Filing other forms like 29B, 10B etc.