Statutory Audit
A Statutory Audit can be done accordance with Indian Accounting & Auditing Standards and relevant provisions of Companies Act, 2013, Income Tax Act 1961 and GST Act, 2017.
Its objective is to provide assurance to stakeholders, such as shareholders, investors, and regulatory authorities, that the company's financial statements are accurate, complete, and in compliance with applicable accounting standards and regulations.
Internal Audit
An independent activity provides assurance that a company's risk management, governance, and internal control processes are operating effectively. And Internal Audit prove to be a defence mechanism in detecting violations of laws, regulations, and provisions of contracts and agreements. The scope of the risk-based audit is at the discretion of the management and includes, but is not limited to the evaluation of the internal control system placed in the business
Stock Audit
This enables the true picture of the financial position of the company as the stock that requires replacement or repairment can be worked on efficiently thereby saving the organisation from any kind of financial loss. The reason and purpose behind executing this is to correct the discrepancies present in the book stock when compared to physical stock by passing necessary adjustment entries.
Management Audit
Process of evaluation of work done at all levels of Management. This ensures that the efficiency and productiveness of the management team is maintained.
The purpose of a management audit is to provide feedback to management on areas that may require improvement, and to identify any weaknesses or inefficiencies that may impact the organization's performance.
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comprehensive ಆಡಿಟ್ ಸೇವೆಗಳೊಂದಿಗೆ ನಿಮ್ಮ ಹಣಕಾಸಿನ ಮೇಲೆ ಉಳಿಯಿರಿ
