Audits are performed to ascertain the validity & reliability of information; also to provide an assessment of a system’s internal control. Our Audit & Assurance practice offer highly effective and result-oriented solutions, which are aimed to enable our clients’ businesses to navigate the challenges emanating from increased demand for transparency in financial reporting. The identification of matters impacting the financial statements and evaluation of the risk indicators forms an integral component of our assurance strategy.
Our audit team is well trained and polices well established to render unbiased, time based, effective audit outputs. The firm strives hard to improve on the quality of papers and reports.
Statutory audit is the audit which is required under any law like Companies Act 2013, LLP Act 2008. It is also known as external audit or independent audit.
Our statutory audit process include
- Understanding business entity its processes
- Identification of Risks
- Detection and Control Risk Assessments
- Application of audit procedures
- Form an Opinion
- Issuing Statutory Audit Report