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STATUTORY AUDIT

Company Audits are conducted pursuant to the Companies Act, 2013 and in accordance with the Statements on Standard Auditing Practicing issued by the Institute of Chartered Accountants of India with the objective of expressing professional opinion on the financial statements.

Comprehensive review of the accounting and internal control system of the client is an integral part of audit procedures adopted by the firm. Continued dialogue with the management concerning any material weakness in the internal control system is an established practice. Its clients regularly consult the firm on matters of accounting policies and practices.

Companies having branches in and around Pune or Aurangabad and head quarters at a far of place, appoint the firm as statutory branch auditors. The inputs are used for consolidation of accounts of company dispensing need of persons visiting from far of places.