Audit & Assurance

1. Internal Audits

Our Services Includes

Complete outsourcing of internal audit function
Compliance with management controls
System and process improvements
Financial impropriety and fraud audits
Due diligence for acquisitions and investments
Co-sourcing and supplementing internal audit function along with the existing capabilities of the client organization
Deputation of personnel to strengthen the internal audit function of client organization.
Conducting concurrent audits with dedicated teams for more focused transaction audits as well as on-line auditing/pre-payment audits
Conducting operational audits through review of business operations, activities, etc
Conducting special purpose investigative audits
Techno Commercial Concurrent Reviews

Our emphasis is on ensuring strong internal control systems to minimize the risk of accidental or deliberate errors and omissions. Safeguarding of assets, adequate division of authority over key control areas and compliance with internal operating policies and guidelines are other focus areas of our procedures. Our objective is to ensure that resources of the organization are optimized to deliver maximum possible value.

2. Management Audits

Our Services Includes

Co-sourcing and supplementing internal audit function along with the existing capabilities & strengths of the client organization
Complete outsourcing of Management audit function
Arranging concurrent audits with dedicated teams for more focused transaction audits as well as on-line auditing/pre-payment audits
Introducing operational audits through scrutiny of business operations, activities, functions etc.
Deputation of personnel to strengthen the internal audit function of client organization
Conducting special purpose investigative audits
Techno Commercial Concurrent Reviews..

3. Due Diligence Audit

Before starting any project we discuss with the Client the issues that are of main concern. At the end the Client receives a due diligence report containing all findings. Our approach is to save time, money and effort as well as to help in influencing the price at the outset of the deal. We assist clients in conducting financial, legal and accounting reviews in case of mergers, acquisitions and investments. A sound understanding of local laws, regulations and accounting practices enables us to vet all critical issues in detail. Our Due Diligence Solutions cover following areas:.

Prime focus

Independent analysis and evaluation of financial and commercial information prepared at an early stage of a disposal or strategic divestment
Gather, analyses and interpret financial, commercial and tax information in detail
Compilation and review of financial information to be provided to bidders
Audit of special purpose accounts
Interfacing with purchaser and their accounting advisors on accounting matters and challenging due diligence findings of the purchaser
Identifying contract warranties.

Finance and Accounting

Validation of balance sheet items and modified cash basis (off balance sheet items)
Review and assessment of existing accounts receivable
Analysis of trends in financial data and quality of earnings.
Assessment of relevant accounting policies and procedures and adherence to industry-accepted standards
goals, objectives, and infrastructure

4. Tax Audit

Our endeavor is to reduce the burden of tax and to review that disallowances and deductions if any, under the various requirements of Income Tax Act, 1961 are properly and correctly calculated, so that correct computation of assessable income can be made. Different tax audit services are provided by our Audit Department to our clients upholding the highest standards of auditing & accounting and providing a comprehensive tax audit report based on the statutory & regulatory requirements of the Income Tax Act, 1961.

5. INFORMATION SYSTEM AUDIT

Our motive is to ensure that resources of the organization are optimized to deliver maximum possible value. We offer Post Migration Audit Certification to clients switching from manual legacy systems to automated processes. This is also used as part of due- diligence procedure.

6. STATUTORY AUDIT

Our statutory audit team consists of ever developing & updated set of adequate individuals trained broadly for conducting auditing function. Our auditing team is trained on the ever changing statutory requirements to stay ahead of the loop. Our statutory audit department is geared to conduct audit under relevant statute along with complying with various global accounting & auditing standards to assure usability of audited accounts for most of the stakeholders like financial institutions, shareholders, directors, investors, government, bank and general public at large.