Conducting statutory audit. Our approach to statutory audit of financial statement is to provide reasonable assurance that the accounts are prepared in accordance with the generally accepted accounting principles and are free of any misstatements, errors and discrepancies.
In Internal Audit we provide clear, practical advice to help organization to ensure that the right internal controls & processes are in place to achieve key strategic & operational objectives. We measure & communicate business performance to the right people at the right time. Our approach is to first review organizations operations & internal controls and then to develop audit plan in consultation with the management.
We have experience of handling Internal Audit of organizations (Domestic companies & Subsidiary of Foreign Companies) in Service Sector, Trading & Manufacturing Industry and also of Clubs. We understand that in today's complex and competitive business environment, internal audit should provide strategic value and assist in the achievement of superior business performance. Depending on the requirement of the organization, we have structured our audit plans to:
Review & Report on Compliance of Government Laws & Regulations. Adherence to procedures & polices laid down within the company.
Highlighting instances of loss of revenue. Highlighting business closed at loss, delay in billing, pending billing, etc.
Vouching of expense vouchers for proper accounting, proper authorization and propriety of expense.
Audit of Production process in order to ascertain actual cost / yield per batch & comparing the same with standard.
Physical verification of Cash, Stock & Assets.
Conducting Tax Audit as required under Section 44AB of the Income Tax Act. A Tax Audit involves expression of opinion on the truth and correctness of certain factual details by assesses to the Income Tax department to enable proper assessment of tax by the department.
Conducting Statutory Audit of Bank Branches under Banking Regulations. It includes Statutory Audit, Tax Audit, Preparation of Long Form Audit Report and other Certification Work.
FINANCIAL AND CORPORATE ADVISORY
Compliance Under Various Provisions Of Corporate Laws
Liasioning With Merchant Bankers For Public Issue
Company Secretarial Services
TAX ADVISORY AND COMPLIANCE
Preparing And Filing Of Tax Returns
Attending Assessment Proceedings
Preparation Of Quarterly Tds Returns For Salary And Non Salary
Preparation Of Quarterly Tds Returns For Section 195 (Overseas Remmittances)
Advice And Opinion On Issues Arising Under Direct And Indirect Tax Laws
CERTIFICATION FOR OVERSEAS REMMITTANCES
Calculation Of Withholding Tax As Per Dtaa And Issuance Of Certificate.
Calculation Of Service Tax Payable
Filing Of Half Yearly Returns
Registeration Of Services Under Service Tax
Registeration Under Vat
Calculation Of Tax
Design And Tailoring Of Management Reporting To Meet The Needs Of The Business.
Assist In Preparation Of Budgets, Business Plans, Cash Flow, Etc.
Analysis Of Variations Against Budget, Cash Flow, Etc.
Provision Of Commentaries Indicating Strenths And Weaknesses Of The Business And Therefore Areas Requiring Attention.
Providing Consultancy In Ascertaining Cost Of Production And Providing Costing Information.
Providing Consultancy In Preparation Of Accounting Manuals
BOOK KEEPING AND ACCOUNTANCY SERVICES
Maintaing Accounts Of Clients In Accordance With The Accounting Standards.
Preparation Of Accounting Manual.
Monthly Salary Processing For Clients Employees
Maintaining Related Records
Working For Tax Based On Declaration For Each Employee
Compliance Of Statutory Obligations [Tds, Pf, Esic, Pt]
Tds Related Quarterly/Yearly Return Filing & Issuance Of Form16
Assisting In Preparation Of Annual Budgets For Salary Related Costs
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