If you are a business, an NPO, or even a public body, you must present financial statements on an annual basis, whether for your shareholders, your members, or the government. As a manager, you probably know that keeping good financial statements, all thanks to audit companies in India, is the best decision to advance the interests…
In the last decade, there has been a growing number of legislative and self-regulatory interventions, like the need of turning to audit consulting services, which are aimed at improving the operation of corporate controls to strengthen the guaranteed mechanisms to protect investors. On the other hand, the expectation of stakeholders that the governance and processes of…
Regular audit of financial statements helps to see the real picture of the company’s financial performance. The availability of an independent audit report prepared by top audit firms in Delhi will increase your status among business partners, clients, and potential investors. An audit of an enterprise’s financial statements proves the reliability of data on the…
In a very complex economic and financial environment, the auditor must consider various business risks during the audit procedures. Audit principles and methodologies frequently use the concept of risk to better orient audit procedures and allow the professional to focus on the relevant aspects. The emphasis on business risk stems mainly from the consideration that…
Tax audit is one of the most relevant and demanded types of auditing services in India. During such an audit, the correctness of tax accounting is checked, the formation of a tax base for all taxes and fees, the correctness of the preparation and submission of tax returns, the timeliness of the transfer of taxes and…
The company audit process is necessary to assess whether the defined procedures are respected in the various areas and activities of a “company system” if the roles and duties are clear if the company objectives and policies are correctly managed and pursued. For companies structured under the provisions of regulations, this process of investigation and verification of…
By law, some organizations are required to have their financial statements audited by top audit firms in India. However, despite this legal obligation, the audit represents a strategic expense to guarantee sound management and ensure the profitability of a business or its good management. This is the reason why several organizations, proceed themselves to take the help…
The profession of an internal auditor is very interesting, but at the same time, it is responsible and requires a significant amount of knowledge, skills in working with arrays of often unstructured information, systematic thinking, understanding, and adherence to professional ethics, and much more. It is no secret that in the process of performing their…
In addition to control tasks, internal auditors can perform economic diagnostics, develop a financial strategy, conduct marketing research, and management consulting. Internal audit is an independent study and assessment of all aspects of an organization’s activities: improving the efficiency of the internal control system, as well as the risk management system and the corporate governance…
To make and implement the most effective management decisions from the point of view of the strategic development of an economic entity, constant and effective internal control is required at all stages of the management process. In market conditions, the basis for the stable position of any economic entity is its financial condition, the measure…
