Auditing & Assurance

• Statutory Audits
  Carrying out audit of accounts of companies in accordance with the provisions of the Companies Act and other applicable statutes. This is done in line with the Accounting Standards and Auditing guidelines issued by the ICAI.
• Systems Audits
• Internal Audits
  An independent and in depth verification of the functioning of the systems and internal controls of an entity, with a special focus on possible areas for improvement and how to strengthen and add value to an entity's governance mechanisms.
• Tax Audits
  Audit is done of the accounts of an entity under the Income Tax Act to ensure that no income has escaped assessment and that the accounts are properly maintained and taxes are correctly calculated and paid besides required disclosures having been made.
• Stock and Receivable Audits
  Audit of stocks and book debts is undertaken on behalf of banks to ensure correctness of the data furnished by the borrower. The correctness of data furnished to banks periodically is examined and the drawing power is computed correctly. Moreover it is ascertained that the loans availed are utilized for the purpose they are raised and are adequately secured and insured.
• Special purpose audits
  The special purpose audits are done with a special purpose like investigation of any specified issue like a fraud, business operation, etc.