Auditing

The businesses worldwide are changing rapidly as a result of dynamic laws, regulations and economic environment. This places significant importance to statutory audits prescribed under various statutes. An audit require detailed analysis of the financial statements of the organisations on an independent basis.

We, at R S Shashi & Co. ensure that the financial statements are analysed after proper understanding of the business and market factors affecting the organisation and the audit approach is customised to suit the client needs.Our team consists of experts updated with ever changing statutory requirements to stay ahead of loop. Audit can be of various types and we are equipped to manage them all for our clients:

• Statutory Audit - An objective examination and evaluation of the financial statements of an organization to make sure that the records are fair and accurate representation of the transactions they claim to represent.
• Tax Audit – As per income tax act, every person whose turnover/gross receipts exceed a prescribed threshold limit is mandatorily required to get his accounts audited.
• Others – Internal Audit, Bank Audit, Stock Audit, Transfer Pricing, Management Audit, etc.