Chartered Accountants
Audit and Assurance
Statutory Audits
All the companies are required to get their books of
accounts audited by an Independent Auditor.
All LLPs whose annual turnover exceeds Rs.40 Lacs or whose contribution
exceeds Rs, 25 Lacs are required to have its books of accounts audited
Audits under the Income Tax Act, 1961 (Tax Audits)
As per Section 44AB of the Income Tax Act, 1961, taxpayer is required to have tax audit carried out if the sales/turnover/ gross receipts of the business exceed specified thresholds in a financial year.
Stock Audits
Physical verification of the inventory.
Forensic and Investigative Audits
Examination and evaluation of a firm’s or individual’s financial records in order to derive evidence of the fraud conducted.
Internal Audits
Examination and evaluation of policies and procedures adopted by the Company for ensuring efficient and effective controls of its business.
