Management Assurance Services
- Internal & Operational Audits
- Statutory & Tax Audits
- Information System Audits
- Due Diligence
Internal & Operational Audits
Our firm offers comprehensive risk based Internal & Operational Audits services to large international and Indian corporates in India .Two of our partners are independently responsible for Internal Audit assignments which have been an area of core competence for the firm since the last 10 years.
For our risk based internal audits, we use state of the art data analytic tools and specially designed control rating indices for evaluating and benchmarking corporate governance processes and the overall control environment.
Statutory & Tax Audits
The firm has been appointed Statutory Auditors of various manufacturing, financial, trading and software corporations, both listed as well as private. Tax Audit as per the provisions under the Income Tax Act is carried out for various corporations and firms.
Information System Audits
One CISA qualified team is independently dedicated for IS Audits. We have carried out many system audits for nationalised and private banks.
Due Diligence Review
Due Diligence can be broadly classified into :
- Accounting & Financial Due Diligence
- Legal Due Diligence
- Technical Due Diligence
Due Diligence is mainly required for arriving at a decision in mergers and acquisition with respect to the networth of the target company, internal and external factors affecting decisions, value drivers, etc. In Due Diligence, we basically try to understand the history, current value and potential future value of the entity.
Our Financial & Accounting Due Diligence services include :
- Reviewing operational data of target company & assessing their quality of earnings
- Evaluating EBIDTA of the last 2-3 years and removing abnormal items
- Analyse cash flows
- Periodic review of balance sheet assets & liabilities
- Identify key business / risk factors
- Trends in profitability
- Evaluating SWOT Analysis
- Arriving at Fair Valuation of the Target