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AUDIT & ASSURANCE

Internal Audit

Compliance Audit

Concurrent Audit

Tax Audit

Concurrent Audits are a systematic and timely examination of the financial transactions on a regular basis to ensure accuracy, authenticity and compliance with procedures and guidelines. The Concurrent Auditing, being contemporaneous with the occurrence of transactions, is an intricate process. With our Concurrent Auditing Service, we attempt to shorten the interval between a transaction and its examination. By handling all the concern documentation processes, we bring ease and sigh of relaxation to our valued clients. In our Concurrent Auditing Services, we lay great emphasis on substantive checking in key areas rather than test checking.

Our endeavor is to conduct concurrent audits as per the scope of the entity and it usually includes:

• A Systems review to understand the existing system and procedures, to enable us to suggest areas for system improvement and strengthening of controls;
• Bringing to light violations of procedures (if any);
• Ascertaining whether sanctions for advances and expenditures is taken from a competent authority;
• Ensuring compliance with the procedures and policies;
• Review of the Funds Flow Statement and analysis of the utilization of the funds & various resources that were available;
• Detection and arresting of leakages of income, (if any);
• Reporting inefficiencies at any operational level;

Stock Audit

Statutory Audit

CONCURRENT AUDIT