Audit & Assurance

1. Statutory Audits

• We undertake statutory audit of Companies, as required by the Companies Act, 1956 and non-corporates
• We review compliance with accounting procedures, provisions of various law, standards and guidelines in accordance with the Generally Accepted Accounting principles to ensure that financial statements are free of any misstatements, errors and discrepancies.

2. Internal Audit

• We ensure a rigorous analysis and testing of systems so as to ensure greater benefits.
• We identify and control risks, also identify opportunities to reduce costs, increase revenue, and thus contribute to the organization’s prosperity, as well as its security
• We analyze the client's existing systems and controls in detail and that they are appropriately documented
• We also analyze their effectiveness and flexibility While carrying out these responsibilities we make extensive use of flow chart techniques, often using specialized software, that allow us to show how potential weaknesses in one area could impact upon another

3. Tax Audits

• We conduct Tax Audit as required under the provisions of Indian Income Tax Act
• This involves reporting on the certain factual details of assesses to the Income Tax Department to enable proper assessment of tax by the Department

4. Compliance Audits

• We conduct compliance and secretarial audits which strengthens Corporate Governance in an organization
• Compliance audit assists Audit Committee by providing status of various management as well as regulatory compliances
• It also assists in evaluating of the effectiveness of internal control and compliance mechanism within an organization.

5. Management Audits/Special assignments

• We undertake special investigation audits of the books of accounts for special purposes including detection of fraud, causes of sickness, compliance of terms underlying an agreement
• We also undertake special investigations, the scope of which is ordinarily defined by the client.

6. Accounting Translation

• We have successfully assisted various clients in translating their Indian accounts to accounts as per US GAAP
• We use standardized methodology for translation of accounts, which we have gathered from our past experiences and in house knowledge base
• The standardized process, based on the wealth of our experience and knowledge have been translated into a process and methodology manual

7. Regulatory Approvals

• We assist various International and Domestic clients in obtaining the requisite approvals from various Government agencies
• An end-to-end solution is provided for clients in their entry strategy
• We assist in obtaining all requisite approvals from the Registrar of Companies (ROC), Reserve Bank of India (RBI), Software Technology Parks of India (STPI), Foreign Investment Promotion Board (FIPB), Secretariat of Industrial Approvals (SIA), Customs Act, etc.