Advisory And Assurance
We offer Advisory and Assurance Services in the form of business advisory services, which aim to do a value addition to your businesses. At the time of advisory, we stress on identifying the threats & weak links in the system and at the same time we provide consultancy about the methodology to remove it. The Advisory and Assurance services offered by us assure that any unplugged loop holes in the business process will get identified and get plugged.
Over the years we have specialized in carrying out the internal-management audits of small to big sized business entities. The thrust is to audit for the statutory requirements and also simultaneously report the irregularities and the weakness in the internal control and systems for proper action and rectification.
The purpose of auditing is to satisfy the users of financial statements that the accounts presented to them are drawn up on correct accounting principles together with Accounting Standards/ IAS and that they represent a true and fair view of the state of affairs of the organization. This is possibly one of the most important functions of a consultant where specialized training, skill and judgment are required.
Apart from all the basic procedures, our Audit and Assurance practice covers following areas
- Internal controls review
- Cost identification and control
- Identification of excess/ short investment in working capital including high book debts and higher inventory levels including dead stock identification
- Statutory compliances
- Tax planning
- Database creation from available data and providing exception reports to management
- Physical stock taking
- Advisory on cost of capital and proposing remedial action to reduce the debt by opting to alternative funds
- System designing and process reviews
- Internal audit, Stock Audit, System Audit, Management Audits, Due diligence audit, Investigative audits
Apart from above, our procedures are customized looking at the requirement of the client and the actual situation.
