Audit, review & compilation services provide your company the means to comply with your statutory requirements, and give you critical information for making well-informed decisions about your business. Audits independently verify by sight, confirmation, discussion with management, assessment of internal controls and analytical procedures, that a companys financial reports are substantively correct.
Reviews are less detailed and consist predominantly of an assessment of the companys books and records by the performance of analytical tests, certain analytical procedures, and calculation of certain financial tests and ratios.
Compilations compile the books and records of a client without the performance of any substantive procedures, independent verification or confirmations
Services that help clients adhere to International Financial Reporting Standards (IFRS), a set of accounting standards developed by the International Accounting Standards Board (IASB).
IFRS is becoming the global standard for the preparation of public company financial statements. The IASB is an independent accounting standards body, based in London. Convergence of Books of Accounts prepared under Indian GAP, USA GAP to IFRS
Services designed to support the internal control and financial statement assertion requirements mandated by the Sarbanes-Oxley Act of 2002 (SOX). These include assisting in assessment of internal control risks, documenting processes for financial reporting, identifying control objectives and activities, remediation of internal control gaps, and testing of internal controls.
Audit services designed to help your business mitigate risk, create new efficiencies and better
support strategic objectives. In addition to doing basic review of company financials, internal
auditors review your processes and make recommendations to maximize productivities.