Service 01

Audit & Assurance

Reliable financial information is the foundation of governance and stakeholder confidence. Our audit and assurance engagements are planned around risk, performed in line with the Standards on Auditing, and reported with clarity.

Overview

An audit is more than a statutory requirement. Done well, it gives boards, lenders, investors and regulators an independent view of whether the financial statements present a true and fair view – and gives management practical observations on reporting, controls and processes.

We approach each engagement with a clear understanding of the entity's business, its reporting framework and its risk areas. Our procedures are documented, our communication with management and those charged with governance is structured, and our reporting is timely.

Scope of services

  1. Statutory Audit

    Audits of companies, LLPs and other entities under the applicable statute, conducted in accordance with the Standards on Auditing issued by ICAI, including reporting under CARO and on internal financial controls where applicable.

  2. Tax Audit

    Audit of books of account and reporting in the prescribed forms under the Income-tax law, with attention to disclosures, reconciliations and timelines.

  3. Certifications

    Certificates and reports required under various laws, regulators, lenders and contractual arrangements – issued after verification of underlying records and in line with ICAI guidance on reports and certificates.

  4. Limited Review and Limited Audit

    Review of interim financial information and limited-scope audits under Indian GAAP, Ind AS and other frameworks, including group reporting packages.

  5. IFRS, US GAAP and Other GAAP Audits

    Audits and reviews of financial information prepared under IFRS, US GAAP or other frameworks – typically for subsidiaries of overseas groups and group-reporting purposes.

Business requirements we address

  • Compliance with statutory audit and tax audit requirements
  • Assurance for boards, shareholders, lenders and investors
  • Group reporting packages for overseas parent entities
  • Certificates required by regulators, banks or counterparties
  • Interim reviews for quarterly or half-yearly reporting
  • Observations on reporting, controls and process gaps