Overview of Audit

Financial statements are crucial for users like investors and creditors to make informed decisions. Audits and assurance engagements add credibility to these statements, reducing uncertainty with expertise as required.

Here's an analogy: Imagine buying a used car. You'd check the engine yourself, but you might also trust a mechanic's inspection for more assurance. An audit is like a mechanic's inspection for financial information.

Our team is comprised of highly qualified Chartered Accountants (CAs) possessing extensive experience in auditing. We deliver an objective evaluation devoid of internal biases. Our commitment to staying abreast of industry trends and regulations ensures that our audits remain pertinent to your specific sector. Leveraging data analytics, we gain profound insights and provide actionable recommendations. We adhere to the strictest confidentiality standards to safeguard your data and uphold the highest ethical principles.

Our firm offers a variety of audit services such as:

1. Internal Audit

Internal Audit is an independent approvable function established within an organization to examine and evaluate its activities as a service to the organization. The objective of internal auditing is to assist the members of the organization. To this end, internal auditing furnishes them with the analysis, appraisals, recommendations counsel and information concerning the activities reviewed.

1. Statutory Audit

A statutory audit is required by law to ensure the accuracy of an organization's financial statements and its compliance with relevant laws. The audit includes examining financial statements, internal controls, and assessing the organization's financial health. The audit report is crucial for transparency and accountability in financial reporting. By partnering with our CA firm, you gain a trusted advisor to navigate the complexities of financial reporting and achieve peace of mind.

1. Performance Audit

Performance auditing aims to provide new insights, analysis, and recommendations for improvement. It achieves this by offering new analytical perspectives, making information more accessible to stakeholders, providing an independent viewpoint based on audit evidence, and giving recommendations based on audit findings. By partnering with our CA firm, you gain a trusted advisor to identify areas for improvement, maximize efficiency, and drive results.

1. Concurrent Audit

Many institutions, including banks, asset management firms, financial institutes, and insurance organizations, employ the internal audit approach. Concurrent Audit, akin to Internal Audit, is conducted at regular intervals to oversee the effectiveness of standard operations in adherence to statutory regulations. Concurrent Audit functions as an extension of the internal audit team, providing regular support by delivering factual findings.