STATUTORY AND INTERNAL AUDIT

STATUTORY AND INTERNAL AUDIT

Statutory Audit
Statutory audits are conducted in accordance with the Companies Act, 1956 and Standard Auditing Practices issued by the Institute of Chartered Accountants of India. We act as the statutory auditors of public & private companies and partnership firms, charitable trusts & institutions, societies, clubs, educational institutions etc. Major objective of these audits are:

 To certify financial statements
 Report under Companies (Auditor’s Report) Order (“CARO”)
 Continuous dialogue with the management, concerning any material weaknesses in the internal control system


Internal Audit
Auditing services include reviewing and restructuring operational systems. The firm serves corporate clients, banks, partnership firms, charitable trusts & institutions, societies, clubs and educational institutions etc.
Our objective is to facilitate the clients in:
 Understanding the deficiencies in the existing system of accounting
 Fund management.
 Stores and purchase management
 Setting up & improving systems