Audit and Assurance

Audit and Assurance services that reveal the hidden value within your business

Our audit and assurance team executes independent audits of the financial reporting of an organization. The team amasses extensive knowledge of the client’s business in the initial step, in order to create a meaningful contribution. Our auditors ask crucial questions that help in revealing the hidden capabilities of any company. We follow international best practices when monitoring the reporting process and assessing the effectiveness of internal control and risk management systems. All internal and external audits are validated through continuous communication with stakeholders. This ensures that we add value to the board, the organization as a whole and the interests of stakeholders.

A forensic audit is an examination and evaluation of individuals' or firms' financial records. It helps in deriving evidence that can be used in the court of law or legal proceedings. We cover a wide range of investigative activities in forensic audits.  We have carried out forensic audits in financial and non-financial frauds; to prosecute a party for fraud, embezzlement, and other financial crimes.

Our key offerings include

  • Financial theft (customers, employees, or outsiders)
  • Securities fraud
  • Defaulting on debt
  • M&A related lawsuits
  • Tax evasion or fraud
  • Money laundering
  • Privacy information

A system audit is a disciplined approach to evaluate and improve the effectiveness of a system. Audits help to verify that the individual elements within the system are effective in achieving the stated objectives. We cover various aspects of the system for achieving the objectives set out in the policy of the organization.

Our key offerings include

  • Internal Audit
  • Internal Financial Controls Audit (IFC),
  • Revenue and Stock Audits
  • Transfer Pricing

Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. We ensure compliance with laws and regulations is duly carried out.  Also, maintain accurate and timely financial reporting and data collection. Further, we identify problems and correct lapses before they are discovered in an external audit, thereby helping the management to attain operational efficiency.

IndAS is the set of Indian Accounting Standards fully converged with International Financial Reporting Standards (IFRS).  IFRS is a common global financial reporting language. Major new standards for financial instruments, revenue recognition, and leasing present some challenges to preparers of financial statements. We provide practical application guidance for the implementation of IndAS / IFRS.