Auditing is a highly complex process. The importance of auditors as a vital link in the financial reporting chain and their role as trusted advisors has increased manifold currently. We at ABA understand that in order to deliver quality audit and assurance services, we must look beyond the traditional ways and understand stake-holders concerns relating performance, privacy, risk, controls and data analysis.
Audit & Assurance
We have successful work experience with several leaders from different industry verticals. This kind of exposure increases the ability of stakeholders to trust and have confidence in our work. Our audits begin with understanding our clients area of operation and identifying their major risk areas. We work closely with them to comply with Accounting Standards, Standards on Auditing and other applicable provisions of the law.
Delivering these services, we adhere to the highest standards of Independence, Professional Objectivity and Technical excellence. Our audit procedures and policies have been subjected to external review by Quality Control Board of ICAI Peer Review.
1. Statutory Audits:
The firm conducts Statutory Audits of several Public and Private Corporate clients, which are required to be conducted under the provision of The Companies Act, 2013.
2. Tax Audits:
The firm conducts Tax Audits as prescribed under the provisions of The Income Tax Act, 1961.
3. Stock Audits, Concurrent Audits & Bank Audits :
The firm is extensively involved in conducting of Concurrent Audits, Stock Audits, etc. for many Nationalized and Private Sector Banks.
4. Internal Audits:
The firm undertakes Internal Audits for various corporates, with the object of bringing in efficiency in the functioning of an enterprise as-well-as in reducing costs. The processes are reviewed and the internal control systems are strengthened.
5. GST Audits:
The firm conducts Audits as prescribed under the provisions of The GST rules of various states.