Provide opinion on true and fair view of financial statements as required under the statute, accounting standards, IND AS, respective guidelines by regulator, income tax provisions and disclosures

Assurance on internal controls regarding accounting, human resource, statutory compliances and other controls as per scope of work given to bring overall efficiency and effectiveness in the systems already placed by the entity.

To examine and evaluate the entity’s financial records to derive evidence or to mitigate chances of fraud or misappropriation of resources/funds.

Audit of specific management functions such as purchase, sales, inventory, fixed assets, special purpose accounting, merger, acquisitions etc.

To assess the revenue of the entity thereby determining amount whether any leakage in the revenue and providing assurance on revenue booking process.

Audit of business processes, operations and transactions, identifying loopholes and providing suggestive cost effective measures.

Banks are the heart of financial system of any country, they play an important role in pumping the funds in the economy of a country. Thus it becomes important to check the financial condition of banks. Reserve Bank of India mandated the audit of banks through regulatory framework. The bank audits (Statutory, Internal and Concurrent Audit) supports the system of banking and act as a fact finding mechanism under the financial domain.

We follow a holistic approach in doing the bank audits by providing capacity building of staff before they go for audit and also provide continuous updates with the latest developments in the field.

Working capital finance in the form of cash credit/overdraft facility against the security of hypothecation of stock and debtors is one of the most common modes of finance frequently adopted by various bankers. The borrowers in such cases are expected to submit the details of stock and debtors periodically on the basis of which drawing power after reducing the prescribed margin is calculated by the banks. With the stock audit, it becomes east to ascertain the assets under business and to secure financial position in front of funding institution.

We perform the stock audit by following an already devised system and approach and train our staff accordingly to deliver the accurate results.