1 STATUTORY AUDITS
Our statutory audit procedures involve understanding the operating environment of your business and testing the controls and internal mechanisms.
Like most other processes, we have a very logical approach towards statutory audits. It begins with planning and ends with the documentation of the audit outcome.
In between these two, we go through risk performance and determine the audit procedures which will be suited for your business. We also perform walkthroughs and perform various tests. All of this is done in a manner that conforms to the rules and regulations defined by government authorities.
2 DUE DILIGENCE
Every investor takes the time to completely understand the potential of their investments. This is why due diligence is important. But more importantly, a company has to identify a firm which has the expertise to conduct an effective due diligence.
Everything from the first step to the last, in a due diligence is carefully planned and executed so that our clients can take informed financial decisions. This helps us in minimizing the risks and perils of an investment and gives our clients the confidence to make prudent decisions.
3 FORENSIC AUDIT
Forensic auditing refers to several investigative procedures carried out to determine fraud, embezzlement or to gather evidence for financial disputes. We handle a wide range of forensic auditing which includes bribery, fraud, conflict of interest, asset misappropriation, and financial statement fraud.
Our team of experts handle the process of planning, gathering evidence, reporting and if required, presenting the evidence in courts of law. We have specialists who have been trained to handle such investigations and ensure that the entire audit is completed in a professional manner.
4 US GAAP
US GAAP Audits which are more prevalent in the United States help a company make sound financial decisions and also aid in the improvement of the business. Short for Generally Accepted Accounting Procedures, GAAP, provides a very practical set of principles which encourage the maintenance of records.
Our accounting experts have handled many US GAAP audits. They have broad knowledge of the GAAP principles and can confidently help you in establishing the accuracy and completeness of your accounting records. This can help your business increase its efficiency and operate more profitably.
5 IFRS
International Financial Reporting Standards (IFRS) are a comprehensive list of principles which are currently used in over 180 countries with the basic objective of providing businesses with information that can be used by potential investors, creditors and others to make coherent financial decisions.
We offer sophisticated and highly reliable accounting services which ensure complete compliance with IFRS. Our experts will help you understand the various IFRS principles and the similarities between IFRS and GAAP for different countries. In doing so we can enable a stronger financial system in your company which boosts efficiency and can even result in higher profitability.
6 STOCK AUDIT
At least once every financial year, businesses are required to conduct stock audits to eradicate discrepancies between physical and computed stock. It can involve adjustment entries to balance records and ensure that the business has accurate stock records.
Through our team of experts, we provide you with stock auditing services which safeguard your business’ inventories and physical assets. It also helps you monitor acts of fraud and pilferage and enable you to establish a strong inventory management system.
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