Statutory Audit
Overview of Statutory Audit:
We provide attestation services that are meant to provide a qualitative comment on the true & fair nature of the financial statements of corporations/firms. In addition, such our audits are geared to evaluate compliance with all statutory and regulatory requirements, including disclosure norms.
The firm adopts uniform audit methodologies as per the professional guidelines for Statutory Audit issued by the Institute of Chartered Accountants of India. These audit procedures are supplemented by Global Best Practices in statutory audit services. The audit processes are a composite of analytical process reviews, trend analysis, control overview, detailed transaction checks, software testing and physical audits.
These services cover an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It helps our clients accomplish their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the risk management, control and governance processes prevalent in their organisation. In addition to modern Assurance Services, we have considerable experience in setting up the internal audit organization for clients, as well as handling Peer Reviews of the audit function.
Accounting & Finalization of accounts
We provide book keeping services to the organization to keep the accurate accounting of their business transactions. The firm maintain high standard of services to our clients to understand and compliance of timely payments of taxes to the Government. We help our clients to avoid late interest, penalties and unnecessary litigation. Accounting and finalization of accounts service help business understand their financial position and profitability over a specific period. Financial Statements are formal written records of the financial activities and position of a business entity. These statements are the main source of information for various stakeholders regarding the profitability and financial position of a business. As major decisions by stakeholders having a financial impact are taken based on the Financial Statements, it is imperative that they must present a true and fair view of the financial position.