Audit and assurance are processes that involve the systematic examination and verification of financial information to ensure its accuracy, reliability, and compliance with relevant standards and regulations. Audit provides an independent and objective assessment of an organization's financial position and performance. Whereas the assurance is to enhance the credibility and reliability of information, assuring stakeholders that the information is accurate
We provide a range of audit and assurance services to help you achieve your business objectives, manage your risk, and improve your overall performance.
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A statutory audit is a legally mandated examination of a company's financial statements and accounting records by independent external auditors, ensuring compliance with applicable accounting standards and regulations. The primary objective is to provide stakeholders with confidence in the accuracy and reliability of the financial information presented by the entity.
Internal audit is a systematic, independent appraisal activity within an organization, conducted by internal auditors to evaluate and improve the effectiveness of risk management, control, and governance processes, contributing to the organization's overall success and objectives. It involves the examination of financial and operational activities to identify areas of improvement, assess compliance with policies, and provide valuable insights to management for informed decision-making.
Indian Accounting Standards (Ind AS) are a set of accounting principles and standards that align with International Financial Reporting Standards (IFRS). Introduced in India to enhance the transparency and comparability of financial statements, Ind AS is applicable to certain classes of companies, marking a shift from the previously followed Generally Accepted Accounting Principles (GAAP)
