Company Audits are conducted pursuant to the Companies Act, 1956 and in accordance with the Statements on Standard Auditing Practices issued by the Institute of Chartered Accountants of India with the objective of expressing professional opinion on the financial statements.
Comprehensive review of the accounting and internal control system of the client is an integral part of audit procedures adopted by the firm. Continued dialogue with the management concerning any material weakness in the internal control system is an established practice. The firm is regularly consulted on matters of accounting policies and practices by its clients.
The firm has considerable experience and expertise in conducting management and internal audits, including reviewing and restructuring operational systems. The firm's clients in this area of practice include large manufacturing concerns and financial/investments institutions.