Services

AUDIT SERVICES

IN GENERAL, AUDITING ENCOMPASSES THE FOLLOWING ASPECTS:

  • A comprehensive analysis is conducted on current systems, procedures, and controls to gain a thorough understanding. Recommendations are then provided to enhance and reinforce these elements.

  • Verifying adherence to policies, procedures, and statutes.

  • Thorough examination to verify that the accounts are prepared in alignment with Generally Accepted Accounting Policies and relevant Accounting Standards/IFRS.

  • Examining the authenticity of the expenses recorded in the accounts.

  • Notifying about inefficiencies at any operational level.

  • Identifying and preventing income leaks while proposing corrective measures to avoid future occurrences.

  • Attesting that the books of accounts are in harmony with the Balance Sheet and Profit and Loss Account.

  • Issuance of Audit Reports in compliance with diverse laws.

VARIOUS TYPES OF AUDITS CONDUCTED INCLUDE:

  • Statutory Audit of Companies

  • Tax Audit under Section 44AB of the Income Tax Act, 1961.

  • Audit under other sections of the Income Tax Act, 1961, such as 80HHC, 80-IA, etc.

  • Concurrent Audits.

  • Revenue Audit of Banks.

  • Branch Audits of Banks.

  • Audit of PF Trusts, Charitable Trusts, Schools, etc.

  • Audit of Co-operative Societies.

  • Information System Audit.

  • Internal Audits.