AUDIT SERVICES:


BROADLY,AUDIT INVOLVES THE FOLLOWING:

  • Indepth study of existing Systems,procedures and controls for proper understanding. Suggestions for improvement and strengthining
  • Ensuring compliance with policies,procedures and statutes.
  • 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 ineffeciencies 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 aggrement with the Balance Sheet and Profit and Loss Account.
  • Issue of Audit Reports under various Laws.

TYPES OF AUDIT CONDUCTED:

  • Statutory Audit of Companies.
  • Tax Audit Under Section 44AB of the Income Tax Act,1961.
  • Audit under other sections of the income Tax Act, 1961 such as 80HHC,80-IA,etc.
  • Concurrent Audits
  • Revenue Audit of Banks.
  • Branch Audits of Banks.
  • Audits of PF Trusts,Charitable Trusts,Schools,etc.
  • Audit of Co-Operative Societies.
  • Information System Audit.
  • Internal Audits