The firm undertakes audit and assurance engagements in accordance with the Standards on Auditing and other pronouncements issued by the Institute of Chartered Accountants of India, subject to independence and eligibility requirements.
Scope of work
Statutory audits
Tax audits
Internal audits
Other permitted audit and assurance engagements
General process
01UnderstandingReview of the entity, its existing systems and the requirement in question.
02Engagement termsScope, responsibilities and information flow agreed and recorded in an engagement letter.
03ExecutionWork carried out on the basis of information and records provided by the entity.
04Review & reportingReview of output, discussion of observations and issue of the agreed deliverables.
Applicable regulatory considerations
Standards on Auditing issued by ICAI
Companies Act, 2013, for statutory audits of companies
Income-tax law, for tax audits
ICAI Code of Ethics, including independence requirements
Documents generally required
Financial statements and trial balance
General ledger and sub-ledgers
Statutory registers and minutes
Previous audit reports
Internal policies and procedures
The exact list is confirmed at the start of each engagement.Frequently asked questions
Enquiries about Audit & AssuranceWrite to the office with a brief description of your requirement.
Contact the office →This page provides general information only and does not constitute professional advice. No outcome or timeline is implied.