Auditing and Assurance Services

We are pleased to offer our esteemed clients with accurate and loophole free Auditing Services. These services are provided by our belligerent employees, who have thorough knowledge of all accountancy, financial and legal aspects. We emphasize on building an internal control system to reduce the risk of omissions and errors. Furthermore, we can also render specific audit services as required by the customers.

 

Statutory Audit of all types entities like Public Sector, Limited and Private companies, Co-operative Societies, Trusts etc as per the requirements of the statute governing them.

Internal Audit:
Internal Audit of all types of entities: it includes thorough checking of internal control of an entity, Stock Reconciliation, Stock Transfer, Warranty Claim, Scrutiny of assets, liabilities, expenses & income, reconciliation of bank, main/head office, debtors, creditors etc. if any. Purchase, Purchase Cash Discount And Incentive Scheme tracking and its Cost Benefit Analysis, Billing, Debtor/Creditor Control Analysis, Cash Handling And Management, Expenses, Return On Capital Employed And Efficiency Audit.

Bank Audit:
Concurrent, Statutory, Revenue Audit, stock audits, system ausits of Nationalized and Co-operative Banks and credit co-operative societies.

System Audit
We conduct Information systems audit. Our partner is DISA qualified Systems auditors. The system Audit includes;

• Review and Framing of 'IS' Policies, Procedures and Practices
• Review of Physical & Logical Access Controls
• Review of Operating System Controls
• Review of Application Systems Controls
• Review of Database Controls
• Review of Network Management
• Review of Maintenance

Tax Audit:

Every assessee, whose annual turnover exceeds Rs. 60 Lacs or the total business receipts from any profession exceed the amount of Rs.15 Lacs in previous year, is bound to get his accounts audited and report the same according to the section 44 AB of the Income Tax Act. 

We conduct the Tax AUdits of small, medium & large entities.

VAT Audit:

Every assesses, whose annual turnover exceeds Rs. 60 Lacs; except from profession in any previous year, is entitled to get his accounts audited and report the same according to the Maharashtra Valued Added Tax Act.

We conduct such tax audit services for all small and big entities.