Audit and Assurance Service

Audits under specific enactments:

• Audit under the Indian Companies Act, 2013 for all private and public limited companies
• Audit under income Tax Act, 1961 (Tax Audits)
• Audit under Goods and Service Tax Law (GST Audits)

Internal auditing or management audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations. It improves the effectiveness of risk management, control and governance. The scope of the internal audit is as agreed upon with the management and involves topics such as efficacy of operations, cost control, compliance with statutes, safeguarding assets and ensuring the reliability of financial reporting.

Due Diligence Audits involve in-depth audit and analysis in relation to takeovers, financing, share issues, etc.

Special Audits cover audits as per specific scope agreed to with the management with an objective of helping them to have an in-depth audit of specified areas like proprietory of transactions, investigation into fraud, existence of assets, etc.