Statutory audit
In general terms, Statutory audit equates to the audit as per Companies act,2013 and LLP Act,2008. It is a mandatory obligation that every company has to undergo in India. All Limited Liability Partnership (LLP) must undergo statutory audit if sales turnover exceeds Rs.40 lakhs or if capital contribution exceeds Rs.25 lakhs. We have regular training sessions to discuss and learn on the latest updates on the statutory regulations . We provide our independent auditing services in a professional manner as per the requirements of the statute. Our team is well equipped to conduct audit under any of applicable statutes in India along with complying with various global standards to ensure useability of audited accounts for most of the interested parties like financial institutions, shareholders, directors, investors, government, bank and general public at large.
Internal audit
An internal audit is an independent review of a company's systems, processes, and procedures. It aims to improve the company's operations and governance. It is mandatory obligation for private limited companies satisfying the conditions mentioned under Rule 13 of the Companies (Accounts) Rules, 2014. We have been conducting the Internal audit of some of the most sought out entities such as APS group of colleges, RV PU colleges, Enable India and hotel Citrine. We have been a quality checker for these entities by suggesting improvements and adding value to the entity.
Other audits
We are also qualified and equipped to conduct the audit of Association of persons, Banks, Non-profit organization and others to be precise. We also undertake Forensic audits, Information system audits and stock audit.