accounting

Assurance Services

We provide various types of audit and assurance service including

Statutory audits: When any Act requires the Financial Statements to be by a Chartered Accountants, especially as per the requirements of Companies Act, 1956, Income Tax Act, 1961 or Limited Liability Partnership Act, 2008.

Internal Audits: These are Audits tailor made to suit the management’s requirement, especially where an independent oversight over the managements of the organization and proper implementation of controls is required. This is also suitable where a detailed investigation into the functioning of business is required.

Concurrent Audit: Similar to internal audits, these are tailor made engagements to suit managements need for review of certain areas. The stress here is on continuous and immediate review as soon as transactions are completed.

Internal and Concurrent audit ensure internal control system to minimize the risk of accidental or deliberate errors and omissions. Safe guarding of assets, adequate division of authority over key control areas and compliance with internal operating policies and guidelines important areas of review covered here.

Stock and Receivable Audit: On behalf of the management or the lender we verify and ensure the availability and security of stock and receivables at various locations of the enterprise.