Statutory Audit Services
We are leading names in the field of offering Statutory Audit Services that is based on principal objective of ensuring that financial statements including Balance Sheet, Profit & Loss Account as well as Cash Flow Statement provide a true & fair view as well as are also free from any material misstatements. Here, our approach towards handling of Statutory Audit of financial statements is to provide reasonable assurance that accounts are prepared in accordance with
• Generally Accepted Accounting Principles (GAAP)
• Are free of any misstatements, errors and discrepancies
In addition to traditional statutory audit, we also assist clients by monitoring
• Organizational ethics
• Conducting effective reviews of operational & financial performance
• Assessing quality, economy and efficiency of operations
• Suggesting continuous improvement strategies
Internal Audit, Risk Management and Corporate Governance Services
We have with us extensive experience in offering services for Internal Audit, Risk Management and Corporate Governance. Here, the main objective of Internal & Management Audits is towards the management who are provided with independent, management oriented advice on –
• Organization’s operations
• Performance and financial services
The service aims at –
• Promoting efficiency, economy and effectiveness of management processes
• Adding to the reliability and accuracy of operations
We follow two approaches to perform the Internal & Management Audits. Our group of professionals is deputed in the client’s office for providing this service on a continuous basis for both pre and post audit of the financial transaction and risk management. We also carry out this service on a job basis by deputing HBD team. HBD has acquired expertise in specific internal audit assignment including procurement, marketing, treasury, tax & VAT, human resources management.
Other than this, we also handle Corporate Governance services that rest on four pillars including transparency, full disclosure, independent monitoring and fairness to all. It refers to combination of laws, regulations, procedures, implicit rules as well as voluntary practices that allow companies to –
• Attract financial & human capital
• Perform efficiently
• Maximize long term value for shareholders
• Respecting aspect of multiple stakeholders
We conduct compliance and secretarial audits. It helps strengthen the Corporate Governance in an organization. Compliance audit assists Audit Committee Board by providing the status of various management compliances.
It also assists in evaluating of the effectiveness of internal control and compliance mechanism within an organization.
Audits are no more restricted to accounts related tick and bash, which, in our case, has become a minor part of the overall gamut of activities covered. Process flows in an organization are mapped along with their internal controls etc. as part of an audit, other than checking into routine accounts etc.
We conduct systems and management audits with recommendations on efficiency and propriety of decisions.