Review is an itemized assessment of Financial Statements with an inevitable goal to give an assessment, regardless of whether it addresses a valid and reasonable image of the organization/substance.
We keep up the records of the particular organization and go about as a protection for them, fabricating the trust of the multitude of partners in the administration. Nowadays, numerous organizations are receiving the evaluating administrations and due perseverance administrations as a yearly action with no lawful consistence. The point is to uncover a reasonable image of the organization’s funds and help the administration find significant ways to improve the development potential.
Statutory audits :
An auditor is required to express an opinion on the true and fairness of the financial statements of every Company registered in India as per the Generally Acceptable Accounting principle in India.
Tax audit:
Every business whose turnover exceeds Rs.200 lakhs or an a professional whose gross receipts exceeds Rs.50 Lakhs, is required to get his accounts audited as per the provisions of Indian Income Tax laws.
Limited Reviews:
Every Company who is listed on the Stock Exchange of India is required to get a quarterly limited review Audit conducted.
Internal/System audits:
This audits aims to review the effectiveness of internal controls as a tool for risk mitigation. We have extensive experience in handling internal audits and opining on the Internal Financial Controls (IFC) assignments. We also extend our professional experience in developing Standard operating procedures. Our firm employs professionals like CISA, DISA for conducting such specialized audits.
Management Audits/ Operational Audits:
This involves Audit of specific management functions wherein we assist the management in improving the overall operating effectiveness by conducting Audit of management functions.