In financial reporting engagements, the firm believes that independence, in fact and in appearance, is to be maintained in all engagements where it is required or professionally warranted. Clients are urged to adopt accounting and reporting practices that we believe are appropriate in the circumstances along with stronger financial structure and administrative controls.
Most importantly the Firm’s audit approach is business oriented. It focuses on an understanding of the client’s business much deeper than the knowledge of the accounting system and records on which auditors have traditionally concentrated. Our practice is to blend the technical, practical and business approach in each audit engagement.
Various statues provides compulsory audit compliance and obtaining audit certificate from Auditors. It is our core competence to provide our Statutory Audit and Assurance Services under various statutes like :
We provide value added services to clients in all sphere of organization. Internal systems, Internal control, Internal rules & regulations are checked to verify efficiency in system and measures to prevent inefficiency are suggested with Value added business analysis and variance reports.
Special reporting for the specific task oriented audit for the specific need of the management under the various aspects of the business is been provided for the correct and timely decision making of the management. The management audits includes, cash management, credit management, stock management and stock analysis, liability management, accounting books finalization, operational efficiency audit, MIS reporting set up etc.
Concurrent Audits are performed on day to day basis for the entire business set up which includes operative and non operative aspects, financial and non financial transactions, checking up in detail on daily basis as per the set principles of business and to report any deviation thereon and to plug in the irregularities observed on daily basis to provide the correct information to the management.
We are regularly providing our services to various banking companies for the concurrent audits.
We are regularly providing our services to various banking companies for the stock verification audits and revenue audits. It includes filing of irregularities and deviations from the set policies and methods. Revenue leakages, if any, in the organization is been detected to prevent the revenue loss.
Information System plays vital role in decision making and business management. True, correct and timely information is essential for any management, whether profit oriented or otherwise. Information system audit includes review of policies of the management and to suggest the changes as per the current requirements and changes in the statutes, review of the prescribed procedures, documentation, various physical and logical access controls, back up review plans, data management and database management etc. Nowadays, this has become the most important aspect in the management and we have dedicated expert professionals in our firm to handle such issues.
The Firm has vide experience for Tax Audits under Income Tax Act for the compliance of the law under the various provisions of the Income Tax 1961. The vide range of successful and satisfactory cliental includes from all segments and different discipline of business.
The Firm has Vide experience for Audits under Gujarat VAT Act for the compliance of the law under the various provisions of the Gujarat VAT Act 2006. The vide range of successful and satisfactory cliental includes from all segments and different disciplines of business.
We have rich experience and expertise in providing Half Yearly Compliance audit of Stock brokers. We provide services for registered broking houses of NSE, BSE, MCX and MCX-SX.
