Audit & Assurance

Audit & Assurance

We view audits not as an overhead or necessary evil, but as a great opportunity to review your business. Our auditing services begin with reviewing the internal controls and testing by gaining a deep knowledge on the selected transactions. Earlier where looking at the check- books were liable enough to know the current financial status, has now been possibly replaced by auditing services.

Broadly, Audit involves the following:

  • In-depth study of existing systems, procedures and controls for proper understanding. Suggestions improvement and strengthening.
  • Ensuring compliance with policies, procedures and statutes.
  • Preparation of financial statements in compliance with Company law.
  • Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies 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.

Our team will work closely with you to get to know your business. We use the latest computerised systems, based around a detailed analytical review of the accounts. This enables us to offer an objective view of your business so we can advise you of any potential problem areas.

The firm provides a complete suite of professional services including:

  • Statutory Audit
  • Internal audit
  • Limited scope reviews
 
     
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