An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern. It also ensure that the books of accounts are properly maintained by the concern as required by law.
Every business is different, yet every business has similar needs. Every business needs an auditor who understands their trade and does not just rely on ticking boxes and filling checklists.
An external audit is an independent examination of the financial statements prepared by the management of the company. The purpose of external audit is to enable the auditor to express his opinion in the audit report, based on the audit evidence, whether the financial statements of the company as prepared by the management of the company give a ‘true and fair’ view or otherwise
External audit is usually carried out for statutory purposes in compliance with the prevailing Laws, Rules and Regulations.
Based on our detailed audit planning we devote time for the full understanding of each client and the nature of his business. After that we become able to identify the key areas and risks to which the client’s business may be exposed and based on our risk assessment and the internal control framework of the company, we develop audit strategies and audit procedures to obtain audit evidence as required to express our opinion in our audit report for accuracy of the financial position of the company.
We give valuable recommendations on our audit findings to improve the internal control framework to minimize business risks and allow to clients to make effective and efficient business decisions to improve the overall operations and reducing inefficiencies. We do regular communication with our clients for the prompt solution for any problem which the client may face.