Audit Services

Broadly, Audit involves the following:

  • Indepth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.
  • Ensuring compliance with policies, procedures and statutes.
  • Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards/IFRS.
  • Checking the genuineness of the transactions 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 and Loss Account & other financial statements.
  • Issue of Audit Reports under various laws.

Types of Audits conducted:

  • Statutory Audit Under The Companies Act, 2013.
  • 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 of Corporate's & Banks
  • Revenue Audit of Banks.
  • Branch Audits of Banks.
  • Audit of PF Trusts, Charitable Trusts, Sec 8 Companies, etc.
  • Audit of State & Central Co-operative Societies.
  • Information System Audit
  • Internal Audits including Operational Audits.
 
 
 
 
 
     
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