Audit Services

BROADLY, AUDIT INVOLVES THE FOLLOWING

  • In-depth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening
  • Ensuring compliance with policies, procedures and statutes. etc.
  • Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards / Ind AS
  • Checking the genuineness of the expenses booked in accounts
  • Reporting inefficiencies at any operational level
  • Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence
  • Certification of the books of account being in agreement with the Balance Sheet and Profit & Loss Account
  • Issue of Audit Reports under various laws

TYPES OF AUDITS CONDUCTED

  • Cost Audit of Companies
  • Statutory Audit of Companies
  • Internal Audits
  • Tax Audit under Section 44AB of the Income Tax Act, 1961
  • 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
  • Stock Audit
 
     
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