Audit & Assurance

Specific Audit Services Offered:

Statutory Audit
The statutory audit is carried in accordance with the provisions of Indian Companies Act, applicable Indian Accounting and Auditing Standards and in accordance with the guidelines issued by the Institute of Chartered  Accountants of India.

Tax Audit
Tax Audit is carried in accordance with the specified provisions of the Income tax laws of India and providing disclosures of relevant information in specified formats.

Transfer Price Audit
Transfer price Audit for both Domestic and International Business Entity is carried in accordance with provisions of Income Tax Act and report is issued providing disclosures of relevant information in specified formats. Transfer pricing Audit relates to the inter-company pricing arrangements between associated business entities, which should be at arm’s length. The “arm’s-length principle” of transfer pricing states that the amount charged by one related party to another for a given product must be the same as if the parties were not related. An arm’s-length price for a transaction is therefore what the price of that transaction would be on the open market.

Internal Audits
Internal audit to help adding value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Investigation Audit
Investigation Audits of the books of account for the purposes of detection of any fraud or misappropriation and compliance of terms underlying an agreement etc.

Audit of Trust, Cooperative Societies & NGO’s
Audit of Trust, co-operative societies & NGO’s are carried in accordance with the specified provisions of the laws of India and providing disclosures of relevant information in specified formats.