Audit and assurance functions are core activities of any Audit Firm. In an increasingly regulated environment, fulfilling compliance has become a highly complex process requiring those undertaking such activity to be fully updated and geared for discharging the function effectively.
Some of the Audit and Assurance functions which we undertake is listed below:
Statutory Audits and Tax Audits are required to be undertaken to comply with the various laws applicable to businesses.
While the Statutory Audit is mandated by the Companies Act for all Companies, Tax Audits are required for businesses having turnover above the threshold limit.
We undertake and structure our audits based on the requirements applicable to each client after a study of the nature of business and processes being followed by the Company.
Our practises are compliant with Standards of Quality Control (SQC) set by the ICAI.
After understanding the structure of each client our approach will broadly involve the following:
In today's volatile business environment, organizations face a wide array of complex business risks. These risks come in the form of many issues: regulatory compliance, litigation, competitive market pressures, changing technology, investor demands, corporate governance, business ethics, and accountability.
Apart from the above we undertake various kinds of assurance activities such as Concurrent Audit, Due Diligence, Management Audit etc.