Our Services / Assurance
ASSURANCE
KSA currently provides audit and Account assurance services to over 50 clients across India, with over 15 years of providing statutory and internal audit services, we approach every audit with a high standard of professionalism and integrity, while also working with our clients to improve their internal controls and governance. We understand your business sector and provide tailored solutions to your immediate, short and long-term requirements. Our robust, transparent and technology-driven processes are led by experts to provide globally consistent quality.
Audit Assurance
Our audit stratagem stresses on an in-depth comprehension of the clients commercial ideology, human resources and operating systems. Additionally, our audit approach incorporates ideal practices that are customised in accordance with the capacity of an organisation. Complicated issues like International Financial Reporting Standards and Sarbanes will easily be resolved with our thorough understanding of legislations and regulations.
We provide a range of services including, but not limited, to the following:
Statutory Audit
A statutory audit is a legally required review of the correctness and accuracy of a company’s financial statements and related books of accounts. The sole objective of a statutory audit is to assess whether an organisation provides a true fair and correct representation of its financial position by examining data such as accounting records, bank balances and commercial transactions
Internal Audit
Object of Internal auditing is to assurance and consulting activity intended to add value and improve an organisation’s business transactions. It can help an organisation and their management to fulfil its strategic objectives by taking a systematic, well-organised approach to assessing and enhancing the effectiveness of risk management, control, and governance processes.
Due Diligence
Due diligence process is an examination, audit, investigation or review performed to establish the facts of a matter or transaction under consideration. In this world of finance, due diligence requires an extensive analysis of financial information and records before entering into a proposed deal with another person or business house.
Fixed Assets Audit
Fixed assets auditing is vital to ensure that accounting for capital assets and depreciation complies with as per law or as per the objectives of management. Fixed asset audit helps to prepare the accurate balance sheet. Hence it ensures regulatory compliance. Also, fixed asset audits provide better internal control.
Revenue Audit
Revenue audit is a two-step process which scrutinises the data and information as provided in tax returns against the ones found in actual business records.
Management Audit
Management audit involves an audit of functions of operations management department of an organisation for acquisitions and company mergers. In this case, we closely work with a specific department to help them improve their overall efficiency.
Stock Audit
Stock or inventory audit means physical verification of stock of a company or organisation. There are many type of stock audits, depending on the purpose, and every stock audit requires a different approach. Every business organisation at least needs to conduct a stock audit once a year to update and ensure that the physical stock count and the computed stock in the books match. A stock audit helps in analysing the correct discrepancies between the actual physical inventory and stock register maintained by the management.
Tax Audit
Tax Audit compliance requirements define under Income tax act and tax audit involves an audit of financial records of a business in compliance with provisions of the Income-tax Act in India and providing disclosures in the prescribed formats. We have a team of experts who work with different taxes like Income tax, GST, service tax, sales tax etc. Our satisfied clients have rated us as the best Income tax audit firm in Mumbai and Navi Mumbai.
Accounting Advisory
The increasing complexity of financial reporting and rapid changes have led to a significant increase in demand for expert accounting advice. The financial reporting challenge is driven by developments in the financial reporting environment, with significant changes across many areas, and further waves of change expected in the coming years.
Our focus is on providing technical accounting advice to our clients that is practical and commercially astute. We provide expert support when preparing financial statements, from simply helping clients to get ready for an audit to undertaking the complete preparation of their accounts.
Working as a multi-disciplinary team, we can provide seamless project support, incorporating financial reporting advisory solutions to our clients.
We provide our clients the benefits of a global firm complemented with expertise and knowledge of local compliances.
FEATURES
- Assurance
- Taxation
- Advisory
- Business Services and Outsourcing
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