Audit_Assurance


	Home About About Us Our Team Services Accounting Audit & Assurance Business Consultancy Secretarial Practices Taxation Job Opportunities Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Query Admin Login Time Sheet Contact Us

Audit & Assurance

The Audit and Assurance function is one of the fundamental "checks and balances" for sound corporate governance.

Corporate governance has been under a strong and critical public spotlight in recent years, in the wake of a succession of blows to market confidence and integrity. To meet the expectations of investing community, the governments and regulatory authorities around the globe have been trying to strengthening the corporate governance principles, lifting the bar on "criteria's and propriety "of directors and introducing improved market disclosure standards.

In this demanding environment, boards and senior management need quality advice from sources that can be trusted and that can offer an objective view about the systems and processes and adequacy of internal controls that helps the company to be on the right track.

Our Audit & Assurance services will focus beyond compliance activities and should be smart enough to detect loopholes at systemic levels and bring improvement in systems and processes that help companies to improve the bottom-line.

Statutory Audits

Our Statutory Audit service adding the value to a client's business & our audit approach and methodology extend the benefit to stakeholder's wealth.

The core value of our service deliverable includes monitoring, guiding and regularizing the compliances under various laws applicable to the entity. Our team industry knowledge allows us to tailor our approach and methodologies to look behind the numbers and deliver a service based on needs of the entity.

Our Statutory Audit service covers:

Corporate Audits (Public & Private)
Tax Audits
Transfer Pricing Audits
VAT Audits

MANAGEMENT AUDITS

Our Management Audit service includes systematic assessment of controls, methods, polices and use of the resources in an entity towards its objects. Our methodology and deliverables of an audit drives the management towards right decision making at right point of time.

Our Management Audit service covers assessment of

Forensic Audits

During the first decade of this 20th century two major corporate managements had shaken the entire corporate world with their fraud and mismanagement of the entity resources.

The Forensic Audit is a tool to explore the probe in such kind of situations moreover proactive call for forensic audit on suspicious areas is better than a reactive because prevention is better than curing, to keep the entity in a healthy atmosphere to grow.

The main object of forensic audit is gathering the valid evidence to substantiate the fraud and to prove the fraud has taken place intentionally or disprove the suspicions.

Our team and network members, containing the qualified professionals like Chartered Accountants, Company Secretaries, Certified Fraud Examiners, Certified Information Systems Auditors, Ex-Cops and Advocates, will work towards gathering all the evidences towards the object of the audit with their expertise in respective field to conclude the suspicion.

Our methodology involves two types i.e., is Proactive and Reactive Forensic Audits.

Our report of findings will be placed before the client in such a manner to meet the legal requirements of the nation.

Info System Audits

If we look at in recent past days all entities from medium size to large business houses are implementing ERP's to boost up the business process in a better manner and get the results quickly. In this trend entities are opting various softwares like Oracle, SAP etc. and each ERP's has its own pro's and con's. Similarly most of the banks also have their own package or third party product to manage their operations.

Whatever extent these entities are taking the benefit out of these software's at the same time these entities are facing various risks out of these for example failure on implementing strong Internal Controls, Wrongly updating the records, less utilization of IT resources and failure in implementing the proper protection to the information assets and due to all these entity is ending up with huge losses in various forms.

Our team with their expertise in review the implementation will help the management from the right beginning of the project initiation by

Assessing the business process flow
Assessing the internal controls configured in the system
Assessing the utilization of IT resources
Assessing the systems implemented to protect the Info assets.
Assessing the IT initiatives etc.