Audit & Assurance Services
Our Audit and Assurance services can be benchmarked with the highest degree of Integrity and Independence
It provides financial insights into the business areas that are left un-noticed, encourages trust and confidence .
We serve an array of domestic and global clients with the same focus on quality by creating collaborative teams and transforming service delivery which are of global standards.
At K. Raghu & Co., we promote investor confidence and fidelity, supporting a long-term sustainable economic growth and promoting transparency and protection of public interest.
Types Of Audit Services
1. Statutory Audit
Audit of accounts to review the accuracy of a company’s financial statements and records to determine the true and fair view of its financial position in accordance with the applicable statues i.e Companies Act, 2013 and Income Tax Act, 1961.
2. Internal Audit
We at K. Raghu & Co. conduct an Internal Audit as per the Internal Auditing Standards issued by ICAI.
Evaluation of a company’s internal controls systems including its corporate governance approach, accuracy of the accounting process and ensuring statutory compliances to facilitate operational efficiency by identifying concern, correcting lapses, accurate and timely financial reporting in accordance with the Standard of Internal Audit (SIA) issued by ICAI.
3. Forensic Audit
Security of entity’s assets in the modern landscape is the need of the hour. It goes beyond the understanding of Financial Reporting Standards, reasons for internal control lapses and Corporate Governance failures, we can be your forensic expert and analyze the irregularities in the Financial Statements to serve as evidence in court proceedings.
4. Management Audit
Assuring the effectiveness of management in different functional areas. Critically review utilization of organizational resources, the organization structure, budgeting procedures and accomplishment of goals
5. Concurrent Audit
Ensuring real time transactional level examination and early detection in glaring oversights/ fundamental errors, irregularities which also helps in averting fraudulent transaction and preventing vigilance in Banks and PSU’s.
6. Due Diligence Audit
Analysis and review of financial health, performance and position of a business entity, to prevent harm to either party involved in a transaction to reach at an informed judgement and facilitate accurate and efficient decision making.
7. Operational Audit
Systematic and independent analysis of an entity’s operative effectiveness, identify areas of cost reduction, identify shortcomings in time and money to run a profitable business and report the impact on performance of the business in its ordinary course.
8. Compliance Audit
Comprehensive audit of the entity’s adherence to legal and regulatory requirements to mitigate the risk that is attached to non-compliance under the Transfer Pricing Regulation, GST Audit and Tax Audit.
Other Audit Services
- Certification under various laws.
- Registration of Indian Branch/ Liaison and Project offices.
- Registration with Software Technology Parks of India (STPI), obtaining approval of Foreign Investment.
- Promotion Board (FIPB) and Reserve Bank of India where applicable.
- Compliance under the Foreign Exchange Management Act, 1999 (FEMA).