An audit is a systematic and independent examination of the financial statements, records, transactions, and operations of an organization, conducted by a qualified professional or a team of professionals called auditors.
The primary objective of an audit is to provide assurance to stakeholders that the financial statements of an organization are free from material misstatements and are in compliance with accounting standards, legal and regulatory requirements, and internal policies
A statutory audit is a legally required review of the accuracy of a company's or government's financial statements and records. The purpose of a statutory audit is to determine whether an organization provides a fair and accurate representation of its financial position by examining information such as bank balances, bookkeeping records, and financial transactions. We do statutory Audits for all types of Companies
An internal audit helps in identifying problems or inefficiencies and taking necessary corrective steps. Internal audits can identify any frauds by employees, such as embezzlement of funds. An internal audit can ensure that an organisation can secure timely compliance with law and regulations. The audit provides a degree of safety and helps manage risk emerging from fraud, abuse of power, or any other scenarios. The management can improve their operational and financial performance using the services of an internal auditor. We do internal Audits for all types of Companies.
The GST audit is about verifying returns, records, and other related documents maintained by a person registered under GST. The need for GST Audit is to ensure the correctness of the information and check whether they agree with the GST Act, 2017 by an authorised person. We do GST Audits for all entities Registered Under GST.
Concurrent audit is a systematic and timely examination of financial transactions on a regular basis to ensure accuracy, authenticity, compliance with procedures and guidelines. We do concurrent Audits for Companies and banks who are in requirement of Concurrent Audit
It is the physical verification of the inventory. Stock Audit is Conducted to ensure there is no pilferage or to ensure that they are properly stored, for larger or damageable goods. It will also includes Valuation of Inventory. We do Stock Audit for all types of Organisations.
A tax audit is the process of verification and inspection of the accounts of a taxpayer to confirm their adherence to the provisions of the Income Tax law. We do tax audit For all Individuals, Companies and Partnership firms for who tax audit is applicable under incometax Act.
Trust Audits is conducted to determine whether your Trust accounts were maintained in compliance of the Rules and that the implementation of accounting and internal controls which have been applied is sound. We do Audits for all types of Trusts
