Statutory Audit
Conducting audit of companies in accordance with the provisions of the Companies Act,1956, other applicable Statutes and in compliance with Accounting Standards, Guidance Notes and Standard Auditing Practices issued by the Institute of Chartered Accountants of India (ICAI).
Tax Audit
Auditing the accounts of the assessee under Section 44AB of the Income Tax Act, 1961 and providing specific disclosures of information in required formats.
Internal Audit
An in -depth periodic verification of various operations of an enterprise for the review of accounting system and related internal controls and evaluating the effectiveness of such controls to ensure an error free running of the business systems and suggesting improvements.
Information Systems Audit
The review and evaluation of all aspects of automated information processing systems, including related non-automated processes, and the interfaces between them.
Concurrent Audit
Carrying out systematic and timely examination on an ongoing basis to ensure accuracy, authenticity, compliance with procedures and guidelines.
Stock Audit
Undertaking audit of inventory and book debts of an organization on behalf of banks or financial institutions with the objective of verification and valuation of inventory, ascertaining recoverability of book debts and evaluation of drawing power of the organization.
Special Purpose Audit
- Management Audits: Audits requested by the management from time to time viz. reviewing special purpose accounts, etc.
- Operational Audits: Analysis of transaction flows in business operations viz. inventory, finance, receivables etc.
- Investigation Audits: Audits carried out at the request of the management to investigate issues like suspected fraud. Also known as Forensic Audit.