AUDIT

• In-depth study of existing systems, procedures, and controls for proper understanding. Suggestions for improvement and strengthening.
• Ensuring compliance with policies, procedures, and statutes.
• Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Principles and applicable Accounting Standards/IFRS.
• Checking the genuineness of the expenses booked in accounts.
• Reporting inefficiencies at any operational level.
• Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
• Certification of the books of account being in agreement with the balance sheet and profit and loss account.
• Issue of audit reports under various laws.
  
  

Types of audits conducted:

• Statutory Audit of Companies
• Tax Audit under Section 44AB of the Income Tax Act, 1961.
• Audit under other sections of the Income Tax Act, 1961, such as 80HHC, 80-IA, etc.
• Concurrent Audits.
• Revenue Audit of Banks.
• Branch Audits of Banks.
• Audit of PF Trusts, Charitable Trusts, Schools, etc.
• Audit of Cooperative Societies.
• Information System Audit
• Internal Audits.
• Forensic Audits.
• GST Audits.