Assurance Services in India
Financial statement reviews
Purpose: Independent examination of financial statements with limited assurance (less extensive than full audit)
Due Diligence for Mergers/Acquisitions
Purpose: Comprehensive evaluation of target company before investment, merger, or acquisition decisions
System Audits (IT, Quality Management)
Evaluation of organizational systems, processes, and controls for effectiveness and compliance
Compliance Audits (Regulatory Requirements)
Verification of adherence to laws, regulations, and internal policies
Forensic Audits (Fraud Detection)
Purpose: Investigation-oriented examination to detect, investigate, and prevent fraud and financial irregularities
Auditing Services in India
Statutory Audits:
Mandatory for companies under Companies Act 2013
Banks, insurance companies, listed entities
Conducted by practicing CAs
Internal Audits:
Voluntary examination of internal controls and processes
Helps improve operational efficiency
Can be outsourced to CA firms
Tax Audits:
Under Income Tax Act (Section 44AB)
GST audits under GST laws
Mandatory based on turnover thresholds
Government Audits:
CAG audits for public sector entities
Compliance with government regulations
Special Purpose Audits
Special Purpose Audits are targeted examinations conducted for specific objectives beyond regular statutory compliance, addressing particular areas of concern or regulatory requirements.
How we work
Expert Knowledge & Compliance Assurance
Qualified professionals (CAs, specialized auditors) possess deep understanding of complex regulations, accounting standards, and industry-specific requirements, ensuring comprehensive compliance and reducing legal risks.
Enhanced Credibility & Stakeholder Confidence
Independent professional audits provide third-party validation that significantly increases the reliability of financial information, boosting investor, lender, and stakeholder trust in the organization.
Risk Identification & Mitigation
Experienced auditors use risk-based approaches and analytical techniques to identify potential financial, operational, and compliance risks early, enabling proactive management and preventing costly future problems.
Objective Insights & Process Improvement
Professional auditors bring an unbiased external perspective, identifying inefficiencies, control weaknesses, and improvement opportunities that internal teams might overlook due to familiarity or organizational blind spots.
Cost-Effective & Time-Efficient Solutions
Right professionals leverage their expertise, technology, and proven methodologies to conduct thorough audits efficiently, often identifying cost savings and process optimizations that far exceed the audit fees invested.