Attestation, Audit & Assurance Services:
Our Attestation, Audit & Assurance Service are aimed to help stakeholders who could be lenders and investors. We engage with our clients on a continuous basis to ensure adherence to statutory and regulatory requirements.
Thoroughly examine current systems, procedures, and controls to gain a deep understanding. Make sure that everything aligns with established policies to ensure compliance.
Concurrent Audit
Concurrent Audit is like the secret agent of the financial world, working undercover at regular intervals. Its mission? To ensure that standard operations are not just running smoothly but also following the script of statutory statements. Consider it the trusty sidekick to the internal audit team, always ready to swoop in with precise findings and keep the financial superheroes on their toes.
Statutory Audit
The financial chronicles of a company over a specific timeframe fall under the watchful eye of the Statutory Auditor. In this intricate dance with numbers, the auditor takes centre stage, unveiling the company's present narrative. Consider it a vital compass for stakeholders, navigating the depths of the firm's endeavours to assess its robustness and significance.
Internal Audit
This specialized audit isn't just your run-of-the-mill scrutiny—it's the superhero cape for a firm's operation. Picture it as the strategic side kick that guides institutions toward their goals. It follow systematic approach for risk evaluation and management efficiency. The goal of internal audit is to precision of financial fortifications, a vigilant stand against fraud, safeguarding assets, and timely preparation of financial statement.
Revenue Audit
This helps in discerning revenue leakages. It's like giving your business a through checkup—whether it's a shortage in internal control system, the staff is working honestly and helps to prevent frauds and error. Think of it as the annual wellness exam for your financial well-being!
Inventory Audit
Financial institutions are broadening their lending horizons, extending credit to entities backed by their stocks or book debts. On the basis of Inventory/ Book debt they provide financial support through overdrafts, cash credit limits, and more. Due to this there is need of regular check on Inventory/ book debt to secure compliance with statutory requirements. These checkpoints are the choreography that unveils the status of current assets, the precise attestation of statutory compliance, and the detailed examination of debt turnover.
Information Technology Audit
Information Technology Audit comprises of checking of IT structure, programme and performance. Information Technology Audit includes following:
Financial Statement Audit
A financial statement audit is conducted to determine whether the overall financial statements are situated in accordance with specified criteria such as Indian Accounting Standard or IFRS or US GAAP. Navigating the intricate labyrinth of business intricacies poses a challenge for auditors, urging them to look beyond the mere numbers. Our approach transcends traditional norms—we delve deep into the business's essence, allowing the synergy of comprehensive understanding enhancing the precision of audits. Embracing a risk-centric audit methodology, seamlessly aligned with ISAs, we embark on a journey through cycles, unravelling layers of insight. Our technique is not just a process; it's a narrative—a tale of thorough scrutiny and nuanced comprehension, where every chapter reveals a facet of financial integrity.
