AUDITING & ASSURANCE
If you own a business, the annual audit can sometimes feel like a time-consuming and expensive process that only benefits the statutory authorities. We make sure all your onerous reporting requirements are met as painlessly as possible- keeping banks, creditors, finance providers, and even the inland revenue, happy.
We provide following Audit Service:
Financial statement audit
The financial statement audit has never been more important. In today's business environment there is more scrutiny and skepticism of a company's financial statements than ever before. Meeting investor expectations begins with the completeness and accuracy of information contained in a company’s financial statements.
For organizations that require an audit for statutory or regulatory reasons associated with the filing of their annual and periodic financial information, we provide high quality audit services. We can also address any specific regulatory reporting requirements of local laws of overseas regulatory bodies, including foreign private issuers.
We consider all current and where appropriate, prospective auditing, accounting, and reporting regulations and guidance. Our audit clients include Large as well as many small and medium-sized companies and other public sector bodies.
Internal Audit / Concurrent Audit
Our emphasis is on ensuring strong internal control systems to minimize the risk of accidental or deliberate errors and omissions. Safeguarding of assets, adequate division of authority over key control areas and compliance with internal operating policies and guidelines are other focus areas of our procedures. Management Audit
Productivity and efficiency of management are key determinants of an organization's success. Our procedures aim to maximize management performance by focusing on improving processes within the organization.
Operations and Efficiency Audit
Our objective is to ensure that resources of the organization are optimized to deliver maximum possible value. We focus on streamlining processes, minimizing waste and objective measurement of management and staff performance.
Special Investigative Audit
Despite designing and installing high quality control systems, organizations do face situations involving fraud and financial impropriety. We assist clients in unearthing such situations and taking remedial action.
Due Diligence Review
We assist clients in conducting financial, legal and accounting reviews in case of mergers, acquisitions and investments. A sound understanding of local laws, regulations and accounting practices enables us to vet all critical issues in detail.
Regulatory compliance & reporting
Regulatory compliance and reporting needs to be viewed as a natural extension of the governance duties shouldered by top management and corporate boards.
In an ever-changing regulatory environment, a proactive rather than a monitoring approach to regulation is now a full-time strategic necessity. We provide support, advice, and assurance to help you manage your regulatory risks. We ensure that you identify, manage, and control any existing and future regulatory risks.
Our teams consist of experienced regulatory risk specialists, including ex-regulators, who not only know the rules, but also have implemented and assessed compliance against them. Our people can help you at the strategic level and help in minimizing the costs and disruptions to your business, thereby freeing up management time in the process. We can provide
Independent assurance of regulatory compliance and benchmarking against industry peers
Assessment of your current and future regulatory risk profile and impact of new regulations
Effectiveness reviews of current compliance departments
Independent assurance on regulatory financial statements
Developing and implementing risk-based compliance control framework and monitoring
Advise in establishing an appropriate compliance culture within your business
Evaluation of new regulations on your business
Advice and assistance in meeting regulatory standards and expectations
Assistance and support in dealing with regulatory agencies and remediation exercises
Advice on controls and processing system weaknesses
Confirmation of accounting treatments with respect to complex transactions
Independent review of externally reported information
Independent assurance of regulatory compliance and benchmarking against industry peers
Assessment of your current and future regulatory risk profile and impact of new regulations
Effectiveness reviews of current compliance departments
Independent assurance on regulatory financial statements
Developing and implementing risk-based compliance control framework and monitoring
Advise in establishing an appropriate compliance culture within your business
Evaluation of new regulations on your business
Advice and assistance in meeting regulatory standards and expectations
Assistance and support in dealing with regulatory agencies and remediation exercises
Advice on controls and processing system weaknesses
Confirmation of accounting treatments with respect to complex transactions
Independent review of externally reported information
CERTIFICATION
We provide certifications required to be issued by Chartered Accountant under various laws and regulations including issuance of Chartered Accountant certificates u/s 195 required for the Overseas Remittances purposes from time to time.
We provide certifications required to be issued by Chartered Accountant under various laws and regulations including issuance of Chartered Accountant certificates u/s 195 required for the Overseas Remittances purposes from time to time.
