Audit & Assurance
The firm conducts audits that give management, lenders and boards an independent view of controls, assets and operations. Statutory financial audits under the Companies Act and tax audits under the Income-tax Act are reserved for Chartered Accountants and are not offered.
Internal Audit
Risk-based internal audit of processes and controls, including appointment as internal auditor under section 138 of the Companies Act, 2013.
Scope and framework →Stock & Inventory Audit
Physical verification and valuation of inventory for management or for banks under working capital arrangements.
Scope and framework →Receivable Audit
Verification of trade receivables: balance confirmation, ageing, recoverability and credit control review.
Scope and framework →Fixed Asset Verification
Physical verification, tagging and reconciliation of fixed assets with the fixed asset register.
Scope and framework →Operational Audit
Review of efficiency and effectiveness of operations: production, purchase, stores, logistics and maintenance.
Scope and framework →Concurrent Audit
Ongoing audit of transactions as they occur, typically for bank branches and treasury operations.
Scope and framework →Management Audit
Assessment of management policies, organisation structure, decision processes and performance against objectives.
Scope and framework →Forensic Audit
Investigation of suspected fraud, financial irregularities and fund diversion, with evidence-based reporting.
Scope and framework →Co-operative Society Audit
Statutory audit of co-operative societies under the Maharashtra Co-operative Societies Act, 1960, and special or cost audits where ordered.
Scope and framework → Reserved for Cost AccountantsCost Audit
Statutory cost audit under section 148 of the Companies Act, 2013 and the Companies (Cost Records and Audit) Rules, 2014.
Scope and framework →