We provide a wide range of Auditing and Assurance Services for Clients from different sectors ranging from Statutory Audits under the Companies Act, 2013 including CARO and verification of Internal Controls over Financial Reporting (ICFR), Tax Audits under the Income Tax Act 1961 to Concurrent Audits of Banks and Management driven Internal and Special Audits tailor made to the requirements of the management.
Our Audit and Assurance Services are conducted under the supervision of the concerned partner and reviewed at each stage and discussions are conducted with the client on a regular basis.
Our observations and suggestions for improvement are shared with the clients to improve the structure and formats of maintaining and presenting data, methods of accounting and applicable compliances as well.
We have experience handling a wide range of clients across different Industries and Sectors. We are well versed with the applicable laws and updated with all the latest amendments.
We also interact with the clients on a regular basis and maintain appropriate documentation for reference. Hence the Statutory Audits are conducted by us in a smooth, effective and efficient manner.
Our team is well versed with Taxation Laws and the Guidelines of the Institute as issued and amended from time to time. Hence, we are able to structure the Tax Audit Schedule and requirements efficiently and advice the management in related taxation matters and requisite documentations as mandated.
We have extensive experience in conducting Concurrent Audits, Stock Audits and Branch Audits as per the Banking Act and Laws in force and as amended from time to time.
Our audits are conducted as per detailed questionnaires and checklists as applicable to the Bank under audit and our regular interactions and partner supervision at every step ensures that the audits are conducted in a timely and efficient manner.
Internal Audit procedures have slowly moved away from Transactional Audits to Risk Based Internal Audits.
Our Audit procedures always start with a thorough understanding of the Organization, its risks and the associated controls put in place by the management to manage the risks.
Deficiencies and Improvements are clearly communicated by us in our meetings with the management and concerned personnel and documented in the form of Reports and Presentations for future reference as well.
Our method of planning and analysing the areas chosen in our discussions with the management provide valuable assessment and improvements to the Internal Control Framework of the Organization.
Fixed Asset Verification is a specialized area of audit. We are able to assess the requirements of the organization on a case to case basis and provide unique kind of professional service depending on the type and location of assets, their usage and frequency of movement as well. The process is laid down after in depth discussion with the management and concerned personnel and carried out along with the staff of the organization nominated for that purpose.
Our Report provides details of the discrepancies found on verification, results of queries raised and discussed with the management and concerned personnel and suggestions for improvements as well.
Our Partner is a certified DISA (Diploma in Information Systems Audit, ICAI) and System Migration Audits and conducted under the partner’s direct supervision as well as involvement in all the discussions with the management and concerned personnel.
Systematic and detailed verification of the concerned aspects are our forte.
Many times, one would like to know the complete background of an organization before making any major decisions such as Purchase, Merger etc. We conduct Due Diligence based on the focus and need based aspects after thorough discussions with our client.
We cover Financial, Taxation and Legal/Regulatory aspects in depth as required and present our findings both in our discussions with the client management as well as a detailed Report in this regard.
