The statutory audit is carried in accordance with the provisions and framework established by law or statute, applicable Indian Accounting and Auditing Standards and in accordance with the guidelines issued by the Institute of Chartered of India. The objective of such service is to give opinion on whether the financial statements (stand-alone / consolidated) give a "True and Fair View" in conformity with the accounting principles generally accepted in India.
Constant improvement programs initiated by us help our clients to prepare for forthcoming changes in accounting rules, regulation and standards.
The purpose of a tax audit or a return examination is to determine whether reports filed with the taxing authorities are correct. Our Endeavour is to mitigate the burden of tax and to review that the various provisions of the Income tax law are properly complied with, so that assessable income can be computed correctly.
Management Audit is a systematic examination of decisions and actions of the management to analyze the performance. Management audit mainly examines the non-financial data to audit the efficiency of the management. Our internal audit methodology is aligned to identify key risks in the process, map them to the business objectives, establish the gap and help the management in closing them. On account of the changing business dynamics, recent corporate failures and increased stakeholders accountability, internal/Management audit has a vital role to provide the management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and also to suggest possible areas of improvements.
GST Audit is carried in accordance with the specified provisions of the Good Service Tax (Sales Tax) laws of India and providing disclosures of relevant information in specified formats to the Sales tax Authorities to enable an assessment of sales tax. We ensure that the various provisions of the Sales tax law are properly compiled with.
The term "transfer pricing" covers the setting, analysis, documentation, and adjustment of charges made between related parties for goods, services, or use of property (including intangible property) via separate accounting for each related party. Transfer pricing audit is carried out, in accordance with the provisions of the Income tax laws of India Income-tax Act, 1961 [i.e. Sections 92 to 92F under Chapter X-Special Provisions Relating to Avoidance of Tax], and an Accountant report is issued under Section 92E in respect of an international transaction between associated enterprises and of specified domestic transaction.
Concurrent audit is a systematic and timely examination of financial transaction on a regular basis to ensure accuracy, authenticity, compliance with procedures and guidelines. Banks, Financial Institutions, Insurance Companies, Mutual Fund Companies and Large organizations and corporations need to verify day to day business transactions. We have a pool of qualified & experienced professionals and ancillary staff, to conduct such audits.
Due diligence is an investigation of a business or person prior to signing a contract, or an act with a certain standard of care. We offer a confidential, sound, unbiased perspective and are the ideal complement to client’s internal resources to generate valuable due diligence reports and business analyses for our client that become an integral component of their decision-making and negotiation processes.