Statutory Audit
Statutory Audit
It is mandatory for every company having registaered with the registrar of Companies in India to get its accounts audited from a chartered accountant every year.
Q- My company is incorporated one year back but there are not operations, do i still need to get the accounts audited?
Ans- Yes Nil turnover companies or zero sales companies are also required to prepare a nil balance sheet and get audit report from a qualified chartered accountant in India.
We have team of professionals to conduct statutory audits.
Internal Audit
We conduct internal audits for our clients. We undertake to following checks in the process of conducting the internal audit indepth checking of day-to-day transactions,
- monitoring of internal controls of the organisation.
- regular stock monitoring,
- adharence to SOP's Standard Operating Procedures,
- cash tally,
- bank reconciliations,
- monthly report preperation for regular reporting to head office in other countries
- check whether the company is fullfulling all compliance requirements of local state and central governments.
large business organizations require internal audit. We have sufficient and capable staff strength to conduct these types of audits.
Project Management
We can help your Project Management Office in executing a project charter, building the project team and performing an enterprise risk assessment.
Documentation & Review
We can assist you in documenting controls, defining test cases and planning any remediation activity that may be needed. Alternatively, we can provide an independent review of existing documentation.
Control Testing
We can carry out an independent evaluation of both the design and the operational effectiveness of internal controls, helping you to identify control gaps and assisting you in their remediation.
Outsourcing facilities
Welcome to Business Process Outsourcing. We believe that people make all the difference in building shareholder value. That's what Business Process Outsourcing (BPO) is all about. It's the story of how people can work together as a team to make companies more competitive and profitable - and to bring about meaningful changes that benefit customers, employees, and shareholders
At Auditor India People, teamwork, and communications make it happen. We really listen to our clients, and develop innovative ways to meet their needs. Partnering is very important, and we work closely with management to help them reach their goals. We care for the people we hire, providing them with new and exciting career opportunities because people make all the difference in building shareholder value.
Key Factors in Successfully Outsourcing a Business Process
Thoroughly analyze your process so you know your costs, and can determine the cost savings of outsourcing over a specific time period.
Define roles and responsibilities in the outsourcing partnership, so there are no surprises, and so that goals and expectations are clear to both parties.
Have measurable performance objectives-the speed of transactions, the time period to close the books, etc.-and establish performance incentives, both rewards and penalties, for meeting those objectives.
Develop a detailed transition plan to ensure a smooth hand-off. Outsourcing is a major undertaking that benefits from careful advanced planning.
Establish a clear dispute-resolution process to handle issues as they arise. This makes for smoother operations and doesn’t make every issue a contractual or legal problem.
Monitor results for continuous improvement. Arrange long-term contracts on a yearly renewal basis, so there is an annual review of an outsourcer’s performance.
