AUDITS & ASSURANCE

An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization.  Audits provide third party assurance to various stakeholders that the subject matter is free from material misstatement.

Our audit expertise works to ensure compliance, minimize risk and provide best practice recommendations.

SECRETARIAL AUDIT

Companies Act, 2013 provides for Secretarial Audit to check compliance of various legislations including the Companies Act and other corporate and economic laws applicable to the company.

With the large number of laws dealing with regular functioning of the corporations, and their increasing implications, secretarial audit will help be a perfect balance in providing the due support not only to the director board, but also to the government

DUE DILIGENCE

Due diligence is the process of examination of a corporate entity prior to major transactions such as issuance of new stocks, mergers and acquisitions in order to avoid risks and liabilities.

Due diligence process includes examining all aspects of a company including manufacturing, financial, legal, tax, IT systems, labour issues, checking for regulatory issues as well as understanding issues related to IPR, the environment and other matters such as contractual documentation, litigation, ownership of movable, fixed and intangible assets.

Ultimately, due diligence shouldn’t just be focused on compliance – it’s about having confidence in who you do business with and a better understanding of their business.

FINANCIAL AUDIT

The primary purpose for financial audits is to give regulators, investors, directors, and managers reasonable assurance that financial statements are accurate and complete.

In providing an opinion whether financial statements are fairly stated in accordance with accounting standards, the auditor gathers evidence to determine whether the statements contain material errors or other misstatements.

We have auditing professionals with experience in handing audits for banks, corporate, PSU’s and NGO’s.

COST AUDIT

Cost Audit is the verification of accounts and cost records, and a careful compliance to cost accounting process.

Cost audit is mandatory for various classes of companies, including those in the areas of healthcare, construction and education.

It comprises of verification of cost accounting records such as, the accuracy of the cost accounts, cost reports, cost statements, cost data, costing techniques, and examining these records to ensure that they adhere to the cost accounting principles, plans, procedures and objectives.

RETAIL AUDIT

The Indian retail industry is the fifth largest in the world. Many retailers, grocers, and franchisors alike perform regular store audits in all of their locations.

With store audits one can verify tasks completion in order to improve the overall quality of your business.

INTERNAL AUDIT

Internal audit is primarily conducted in order to provide your company’s management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and to suggest possible areas for improvements.

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