Monday - Saturday : 10am to 7pm Sunday: Closed

+91-8438657946 santhoshalex2006@yahoo.com

 
     
   
 

AUDITING & ASSURANCE :

We provide our services to meet the client's requirement and compliance on:

  • In-depth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.
  • Ensuring compliance with policies, procedures and statutes.
  • Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards.
  • Checking the genuineness of the expenses booked in accounts.
  • Reporting inefficiencies at any operational level.
  • Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
  • Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account.
  • Issue of Audit Reports under various laws.

INTERNAL AUDITS :

Internal Audits are a necessity for companies to monitor the effectiveness of the internal control systems, provide assurances on risk management and meet Corporate Governance responsibilities.

As part of our assurance services, we review the existing internal control systems, standard operating procedures of business processes and suggest for improvement. With the risk based approach to internal audit, we provide tangible value additions to the clients in risk management. As part of internal audit function, we also undertake SOX Compliances, physical verification of inventories and fixed assets at periodical intervals as required by the management.

With the introduction of reporting on Internal Financial Controls (IFC) by the Companies Act 2013, we help entities to implement IFC and evaluate risk assessment procedures of the management.

We are also experienced to conduct Risk Based Internal Audit of Banks as per Basel II Norms. Our firm was engaged by a prominent private sector bank to conduct the Risk Based Internal Audit of all their branches in Tamil Nadu and some of their specialized branches such as Asset Recovery branch, etc. and the assignment was carried out efficiently on a timely basis in compliance with Basel II norms.

Our Assurance team ensures compliance of high degree of Auditing Standards, Integrity and Transparency in reporting. We serve clients in diverse industries like Manufacturing, IT and IT enabled Services, Printing & Publishing, and Leather Industry.

STATUTORY AUDITS :

Under various statutes, all the Businesses and Entities require to have their accounts audited. We undertake the same under the provisions of the Companies Act 2013, The Banking Regulation Act 1949, Foreign Contribution Regulation Act 2010, Income Tax Act 1961, the Insurance Act 1938, including Government Company Audits.

We take into account all current and wherever appropriate, the prospective auditing, accounting, reporting regulations and guidance. Our audit clients include various multinational corporations, as well as small and medium-sized companies.

We have the expertise to conduct the audits under computerized environment of accounting functions such as SAP, Navison, Tally, Quick books & other customized ERP packages.

FORensic audit :

We offer specialized consultancy and compliance services in the niche area of FEMA. In the post-liberalization era, both FDI and ECB have become major sources of funding for Indian businesses, be they small, medium or large.

For a foreign investor setting up business in India, an early understanding of what FEMA expects of him is invaluable for avoiding pitfalls and unintended defaults, which potentially invite onerous penal consequences. We provide the whole range of consulting and compliance services both under the Automatic Route and under the Approval Route.

Besides FDI and ECB, the range of our services includes ODI, BO/LO/PO, IP in India/abroad, Liberalized Remittance Scheme Advisory for Resident Individuals, NRI/PIO Investment Advisory service.

Finally, in cases where the client approach us after committing defaults, we help to resolve the problems by representing the client in compounding proceedings before the Reserve Bank of India, so as to mitigate the rigour of the penalties.