An audit is a systematic and independent examination of books, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern. It also attempt to ensure that the books of accounts are properly maintained by the concern as required by the law. The following are the common audits conducted.

  • Corporate Audit
  • Tax Audit
  • Tax audit is mandatory under sec 44AB of the Income Tax Act, 1961. Every person carrying on business whose total sales, turnover or gross receipts as the case may be, in business exceed or exceeds Rs.1crore and by a person carrying out profession and his gross receipts from profession exceed Rs.50 lakhs in the previous year is liable to get his tax audit done by a Chartered Accountant. The tax authorities come under pressure to increase tax revenues and tax audits are key part of this. However, the audit process can be easier with proper preparation and the right advice. We hold expertise and rich experience in offering tax audit services to the clients. With our massive experience, we are able to provide proper guidance and assistance to clients in various matters.

  • Risk Based Internal Audit
  • Risk Based Internal Audit (RBIA) is a methodology that links internal auditing to an organization’s overall risk management framework. In fact, the activities involved in managing risk have been recognized as playing a central and official role in maintaining a sound system of internal control. While the responsibility for identifying and managing risks belongs to management, one of the key role of internal audit is to provide assurance that those risks have been properly managed

  • Stock Audit
  • Bank audit

Tax consultants also known as tax advisors, are experts in tax law, planning and compliance. They serve business and individuals alike by staying current on new tax law and positioning tax payers for short and long term tax optimization. We are providing tax structuring services, prepare tax returns, and also often work closely with clients throughout the year to ensure financial errors are minimized. Aggressive tax litigation led tax payers to revisit and review their operations and business structure to identify areas of tax risk, reviewing their existing tax documentation and judiciously assessing whether it supports substance. We have vast experience to represent clients through tax assessments before the tax department. We provide tax representation services involving assistance in assessments and appeals with tax authorities, Dispute Resolution Panel and tax tribunals.

The landscape of statute of Corporate and tax laws are constantly evolving, and it takes a special agility to keep the abreast of all the latest developments and ensure compliance. It is absolutely imperative to comply with all the legal and statutory norms for businesses to operate successfully in India. This often involves significant investment of resources, time and continuous monitoring of all the changes that are happening in order to be compliant and avoid penalties. With the ever changing statutory laws, it becomes a challenge for small and mid-sized companies to keep themselves compliant. What these organizations needs is reliable Statutory Compliance Services from an experienced provider.

One of the most important preliminary step for companies planning build or expand facilities and operations is a thorough cost/benefit analysis or Feasibility study. In a dynamic market environment filled with business opportunities and potential risks, business routinely need to gather and evaluate an imposing array of feasibility data before moving forward with any new idea or project. Formulating effective and actionable feasibility studies requires a combination of detail, timing, and critical insights. We have the resources and experience to understand the scope of proposed project, identify potential obstacles and risk to completion, formulate viable alternatives and analyze available and needed resources to achieve success.

Embracing disruption with fresh thinking about risk management can turn risk into a competitive advantage that builds value, trust and confidence. Organizations of all kinds are facing unprecedented levels and types of risk produced by a diversity of new sources. We are able to offer fully integrated range of services from risk identification or assessment and management of risk to risk financing. We can provide the clients with comprehensive tailored solutions through a consistent global approach.

Starting a new business is an exciting and challenging event. As India grows, the competitive space get more crowded. There are market information that many promising startups are not performing as per expectations. This largely on account of the unavailability of quality services at the appropriate time. In competent advice without any actionable program often translates into undesirable situation for startups. We are supporting entrepreneurs and helping them to achieve their potential. We do this by bringing our sector and financial insights to the business and taking the financial and administrative problems out of your hands.

Corporate governance is the system by which companies are controlled. It includes the processes through which corporation’s objectives are set and pursued in the context of the social regulatory and market environment. A company that is well governed is one that is accountable and transparent to its shareholders and other stakeholders. We are proud to be in providing assistance to corporates to build corporate governance structure elevate its compliance with principles and standards to protect stakeholder’s rights. Our services are provided through raising awareness, training executives and modifying structures to comply with best practices of corporate governance.

Enterprise Risk Management (ERM) is a coordinated approach to addressing the full spectrum of an organization’s significant risks. ERM provide a strategically – aligned portfolio view of organizational challenges that provides improved insights about how to more effectively prioritize and manage risks. It facilitates improved decision making through a structured understanding of opportunities and threats. We help businesses in analyzing the effectiveness of its risk management and internal compliance and control system including the effectiveness of implementation. We provide a deeper understanding of the enterprise’s risk to executive management and link them to the organizations objective, initiatives and business processes.

Mergers and Acquisitions are defined as consolidation of companies. Differentiating the two terms, Mergers is the combination of two companies to form one, while Acquisition is one company taken over by other. An acquisition occurs when a buying company obtains more than 50% ownership in Target Company. Identifying a right target therefore becomes critical to make the acquisition success. The reasoning behind Mergers and acquisitions generally given that two separate companies together create more value compared to being on an individual stand. With the objective of wealth maximization, Companies keep evaluating different opportunities through the route of merger and acquisitions.

In today’s challenging corporate, legal and accounting environment, there is a need for robust and independent services, which are aligned with globally accepted practices. In a complex and dynamic economy, the real economic worth of a company depends on its business model, and today it has become even more challenging for a firm to justify its actual value. We provide valuation services in relation to Transactions which include restructuring and divestment for price determination/negotiation, financing and strategic management purposes, financial reporting purposes, portfolio valuation for venture capital funds, etc.

Due diligence is a term used for a number of concepts involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care. It can be a legal obligation, but the term commonly applies to voluntary investigations. It is the process of research and analysis that is done before an acquisition, investment, business partnership or bank loan in order to determine the value of the subject of the due diligence or whether there are any major issues or potential issues. The prospective acquirer or investor should obtain all the necessary information with in the predetermined time and make sure that he makes a good deal and not a costly mistake.

Business environment today is volatile, fraud risks on the rise, perpetrators increasingly sophisticated and regulatory enforcement are heightened. Against this background vulnerability of variety of fraud, misconduct, money laundering, bribery pose a substantial threat to financial and operational activities of a business. It is therefore not an overstatement to say that identifying and mitigating these risk is crucial to a business’s existence. Our fraud investigation services are the answers to help you overcome these critical business challenges effectively.

Audit & Assurance

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