Internal Audit is very important aspect, when we talk of assurance of true picture of state of affairs of an entity. It is checking within the entity. It helps in understanding and assessing risks and evaluates the internal controls and checks. It helps in ensuring optimum utilization of the resources of the entity, as well as timely identification of liabilities including the ones in contingent nature. Internal Audit helps ensuring adequacy of information systems security and controls. Statutorily also certain companies have to have Internal Audit in place.
#Support Services for Tax and Statutory audit
We always strive to keep you updated in the Statutory compliances to be met according to the regulations applicable on the entity. You need not take out a separate time on that, we are always here to see that compliance part remains easy for the managers, while we offer an audit of the same also. Specially for certain type of entities that are engaged in activities that are under control of a regulatory body, should always try to meet all compliances as prescribed in that regulation to avoid the risk. Thus in an such type of entities it is compulsory to identify, manage, and control regulatory risks
#Preparation of books of account on realtime basis
- Preparation of Accounts from basic records or incomplete records
- Compilation of Accounts by electronic data processing
- Compilation of Accounting records for income tax assessments
- Compilation of cost accounts and product costing.
- Performance Appraisal
- Propriety Audit