Assurance
Audit & Assurance Services
Professional audit and assurance assistance focused on reliable financial information, appropriate records and a well-organised review process.
Professional introduction
What this service covers
Audit and assurance work evaluates financial information, records and controls against the applicable reporting and statutory framework.
Who should use this service
Companies, LLPs, firms, proprietors, trusts and other entities requiring a statutory, tax, internal or purpose-specific audit or review.
Scope of services
Statutory Audit Support
Tax Audit
Internal Audit
Accounting & Financial Reporting Review
Financial Statement Review
Controls and Process Review
Audit Readiness Assistance
Related services
What we support
Statutory Audit
Tax Audit
Internal Audit
Stock Audit
Bank Audit Support
Compliance Audit
Management Reporting
Audit Documentation
Our approach
Practical, documented and compliance-focused
The engagement is planned around the applicable objective, material areas and available records. Queries and observations are communicated clearly and supported by documentation.
Common use cases
- ✓Statutory audit readiness
- ✓Tax audit support
- ✓Internal-control review
- ✓Lender or stakeholder reporting
- ✓Financial statement review
Process
How the engagement progresses
- 01
Plan
Confirm the objective, reporting framework, scope and timetable.
- 02
Prepare
Organise schedules, reconciliations and supporting records.
- 03
Review
Perform the agreed procedures and discuss open items.
- 04
Conclude
Resolve material points and complete the applicable reporting.
Documents
Records commonly required
The final list depends on the engagement and your circumstances. Typical starting records include:
- •Books and ledgers
- •Bank statements and reconciliations
- •Invoices and supporting records
- •Statutory registers and filings
- •Prior financial statements and audit records
Nearby service areas
Local understanding, wider reach
The firm serves businesses and individuals in Ambala City, Ambala Cantt, Chandigarh, Panchkula, Mohali, Zirakpur, Derabassi, Kurukshetra, Yamunanagar, Jagadhri, Karnal and Patiala, with online consultation available across India.
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Frequently asked questions
Questions about Audit & Assurance Services
What determines whether an audit is required?
The requirement depends on the entity, applicable statute, turnover, activity and other conditions. The current facts and law should be reviewed.
How can a business prepare for audit?
Up-to-date books, completed bank and tax reconciliations, supporting schedules and clear ownership of queries make the process more efficient.
Is an internal audit the same as a statutory audit?
No. Their objectives, scope and reporting responsibilities differ. The appropriate engagement depends on the organisation's requirements.
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