Assurance

Assurance

Our assurance services include Statutory audit, Tax audit, Special audits and Investigations. Our Assurance assignments are conducted in accordance of the engagement standards issued by the ICAI. Our Audit Methodology is based on the Auditing Standards issued by the ICAI which are converged with the International Auditing Standards. As part of such audit assignments, we assess the adequacy of internal controls and our audit findings also reflect suggestions for improvement of such controls.

We offer the following Assurance services:

Types of audits:

1. Statutory Audits Industries : We work with public and private sector companies, closely held businesses, and non-governmental organizations/ not-for-profit sector. We have experience in a wide range of industries, including:
   • Textile and Textile products
   • Power Sector
   • Banking
   • Automotive
   • Iron & Steel
   • Insurance
   • Telecom
   • Agri Products
   • Health
2. Special audits and investigations : The objective of such audit is to critically review the operations at various levels of the management to ensure flawless process and effective control.
3. Special audits in respect of entities/ projects funded by multilateral lending agencies : Shareholders, the board of directors and/or management sometimes request a special audit or investigation of the financial affairs or specific areas of the company
4. Tax Audits :
   • The various audits under Income Tax Act are:
   • Tax Audit
   • Audits in respect of Trusts and Charitable Institutions
5. Opinions on accounting and auditing matters : This consists of opinions on accounting and auditing matters in respect of applicability and interpretation of accounting standards issued by ICAI/ notified by Central Government and in relation to auditing standards and requirement of corporate laws in connection with statutory audit.