Auditing and Assurance

Statutory Audits

Every Indian entity is bound by the Indian legal laws and accountability for their transactions done in India. The Indian legal system under various statutes has prescribed mandatory audit of the accounts of the entities operating in India.
Following are the few statutory Audit and Assurance functions handled by our firm:

  • Corporate Audits as mandated by MCA
  • Bank – Statutory, Internal, Concurrent & Stock Audits
  • Tax Audits u/s 44 AB of the Income Tax
  • Audits of Trusts, Associations & Sec.25 Companies
  • Audit under VAT, CST & Sales tax Acts of various states

Internal Audits

Risk management is a big concern for both audit committees and senior management in corporates internally. Companies today need experienced internal auditors to address concerns in risk management, enhance internal controls, execute business plans and meet governance responsibilities. Our experienced audit professionals take a risk-based approach to internal audit with a view to help clients improve performance and operating efficiency. We go beyond traditional fundamentals and add tangible value. We work to build internal audit into a strategic and productive tool in today’s corporate governance environment.

Management Audits

Management audit is an unique and the most effective tool for analyzing the effectiveness of an organizational internal control policy and procedures. Our management audit function helps the management of any entity to understand and rate themselves against the standards set by them for implementation and the discipline to follow them.

Our services broadly include

  • Payroll Processing- Payslips, CTC Reports, Reimbursements management etc.
  • New Hire on boarding and Exit processing.
  • Assistance in statutory compliances in relation to payroll services.
  • Assistance in tax issues related to payroll of individuals.
  • Personal employee support services concerning their payroll matters.

Due Diligence Audits

Due Diligence may be defined as an audit of an audit. We take intricate steps in arriving at the feasibility reports for our clients and ensure that we leave no open trap doors and give an overall clear view of the upcoming hurdles and possible opportunities.