Annual audit consulting to cater to Income Tax compliance under sections 44AB and 44AD/AE/AF according to the pre-defined turnover and profit criteria for smooth continuation of businesses.
Annual compulsory audit for all assessees registered under Companies Act, 2013.
Mandatory audit as per table A or B of Companies (cost & audit) Rules, 2014.
Compulsory audit as per section 92 of the Income Tax Act beyond the defined threshold.
Specialised audit which result from detection of actual or anticipated frauds, disputes or litigation. Forensic Accounting, Fraud Detection & Prevention specialisation may also be a part of such audits, considering increasing incidents of cyber-crimes and frauds.
Secretarial Audit is a compliance audit to check compliance with the provisions of various laws and rules / regulations / procedures, maintenance of books, records etc. by an Independent Practising Company Secretary.
Risk assessment is a key phase of an audit. It deals in assessing the risks of material misstatement, whether due to error or fraud, at the financial statement and relevant assertion levels, which aids the client in designing further audit procedures.
In simpler terms, Due Diligence audits involve potential investors assessing a product, service, or entire business. They primarily evaluate the financial, technical, and operational viability of the potential investment made by an individual or entity.
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