Audit and Assurance

2. Statutory & Assurance Audit

• Statutory Audit under Companies Act, 2013

• Verification of financial statements and accounting records

• Compliance review with statutory and regulatory requirements

• Independent assurance on financial reporting

# Regulatory compliance

# Enhanced financial transparency

# Credibility with banks, investors & stakeholders

# Improved financial discipline

3. Stock Audit

• Independent stock audits for banks & financial institutions

• Physical verification of inventory

• Reconciliation with books of accounts & bank statements

• Review of valuation methods

• Verification of stock statements submitted for credit facilities

• Identification of slow-moving & obsolete stock

# Reliable inventory reporting

# Improved working capital control

# Fraud prevention

# Strengthened
bank confidence

4. Forensic Audits & Fraud Risk Assessment

• Investigation of financial irregularities

• Fraud risk assessment & mitigation

• Review of procurement & purchase processes

• Examination of receivables & payables for irregularities

• Detection of duplicate payments & vendor fraud

• Inventory & asset misappropriation review

• Litigation support & regulatory reporting

# Fraud detection & prevention

# Protection of company assets

# Strengthened
internal
systems

# Legal & regulatory support

5. Revenue Audits

• Review of revenue recognition policies to ensure income is recorded accurately and in line with accounting standards.

• Verification of billing, invoices, and contracts to confirm all revenue transactions are properly documented.

• Analysis of revenue entries to identify discrepancies, omissions, or unusual trends.

• Assessment of internal controls and compliance with statutory regulations, tax laws, and organizational policies.

#Identification of revenue leakages

#Improved revenue monitoring and control

#Accurate recording of income

#Enhanced transparency in revenue processes

6. Accounts Receivable / Payable Audit

• Verification of accounts receivable and payable balances

• Review of aging analysis of debtors and creditors

• Examination of supporting documents such as invoices and agreements

• Reconciliation of receivable and payable ledgers with financial statements

• Evaluation of internal controls over billing, collections, and payments

# Improved cash flow management

# Timely recovery of receivables

# Accurate tracking of payables and liabilities

# Strengthened
financial controls