Division :: AUDIT

Internal Audit

The Firm is conducting Internal Audit and Management Audit on regular basis.The audit includes:

• System Evaluation
• System Development
• In-depth checking of internal control measures
• Checking of transaction at generation points
• Scrutiny and verification of various data incorporated in the Management Information Systems
• Verification of adherence of the various Law applicable to the Company

The firm is engaged in conducting Internal Audit extensively so as to highlight the strength / weakness of the internal control system, and verification of transactions at generation point and various data linked with it, compliance of applicable laws to the entity, implementation of audit techniques for audit of computer-generated accounts and development of reports through various techniques in the interest and benefit of the entity.

The firm also undertakes assignments for Corporates, Large Industrial Houses and for Public Sector Unit’s (PSU’s) for Physical Verification of Various Fixed Assets & Stock Verification for locations spread all over India, with taking due care of nature of client industry, norms and laws applicable.

Statutory Audit

The firm is conducting the statutory audit of various private and public limited companies, firms and other enterprises, schools and college, etc as allotted from time to time by various competent authorities and by Government of India.

By measure of compliance of Companies Act / Income Tax Act / Banking Regulation Act / Co-operative Society Act / Partnership Act etc., the firm is equipped with qualified partners as well as experienced staff to undertake the assignment in a professional manner with entities in Public / Private Sector engaged in multifarious business and professions.

Bank Audit

Over the past Forty five years the firm is conducting Statutory Audit and Concurrent Audits of various Public Sector Banks. Apart from conducting statutory audit, we are also engaged in Revenue Audit, Stock Audit and other special audit and assignments for both Public as well as Private Sector Banks viz. Allahabad Bank, Central Bank of India, Punjab National Bank, Punjab & Sind Bank, Oriental bank of Commerce, Union Bank of India, United Bank of India, Development Credit Bank etc., branches on Pan India basis for the last more than four decades.

Special Audit

The firm is also engaged in various Special Specific Audit assignments viz. of Income and Expenditure Audit, Insurance Audit, Business Review Audit, Due Diligence and Compliance etc. which are allotted to our firm by the Corporate clients on regular basis.

Forensic Audit

We also undertake assignment for Forensic Audit, Accounting and Fraud Detection Investigation work. Mr. Sanjay Jain and Mr. Aashish Kumar Jain, both partners of the firm, are qualified and holding Forensic Audit Certificate issued by ICAI and are well experienced and are having expertise in conducting Forensic Audit