All corporate entities incorporated in India and specified non-corporate entities are required to be audited under various statues. We have been engaged as Auditor under various statutes by various entities ranging from large, medium and small corporate, banks and non-corporate entities. Our services cover

Statutory Audits

Audits carried out under specific enactments of law:

• Audit under the Indian Companies Act, 2013 for all public and private companies.
• Audit of Banks (Central Office and Branch Offices).
• Audit under Indian Income Tax Act, 1961 for all tax assesses who cross a threshold of turnover as specified in the Act.
• Audit under the Goods and Services Tax law for persons who cross the prescribed threshold

Internal/Management Audit

Internal auditing or management audit is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It improves the effectiveness of risk management, control and governance. The scope of the internal audit is as agreed upon with the management and involves topics such as efficacy of operations, cost control, compliance with statutes, safeguarding assets and ensuring the reliability of financial reporting.

Due Diligence/Special Audits

Due Diligence Audits involve in-depth audit and analysis in relation to takeovers, financing, share issues, etc. Special Audits cover audits as per specific scope agreed to with the management with an objective of helping them to have an in-depth audit of specified areas like proprietary of transactions, investigation into fraud, existence of assets, etc.