WHAT IS FINANCIAL AUDITING?

Audits are all about Checks, Controls and assurance, which may be complied statutorily or even be held voluntarily by the entity to assure the true view of business in terms of finance. You can rely on us for end to end audits and assurance services. Be it related to about Financial Statements, business processes or Information Technology.

Financial auditing

Financial auditing is the process of examining an organization's (or individual's) financial records to determine if they are accurate and in accordance with any applicable rules (including accepted accounting standards), regulations, and laws.

As per many Acts in India, Audit of Financial Statements is one of the most important compliances. A whole outlook of the company and its management, even the valuation depends upon Audited Financial Statements.

An audit may also be classified as internal or external, depending on the interrelationships among participants.

Areas covered in Financial auditing:

• Internal control analysis.
• Reporting weaknesses in the internal controls.
• Suggestion and consulting on transactions of complex nature.
• Drafting Audit policy according to clients’ structure and legal set-up.
• Measuring effect of International and Indian Standards on Auditing.
• Analyzing applicable compliances according to corporate and taxation regulations.
• Appropriate documentation.
• Filings of Financial Statements to various Government offices after audit.
• Assisting Audit committees.
• Updates required from point of view of regulations.
• Advising on IFRS and its applications and International Standards on Auditing.
• IFRS Consultancy and convergence.

Raaas is top auditor in India and best known for their audit services. We provide Stock Audit in India, Tax Audit in India, TDS Audit in India, Tax Audit in Delhi etc.

Please let us know what auditing resources you are looking for:
Click Here: Top audit firm in India
Internal Auditor in India
Stock Auditor in India

Auditing And Assurance Service in India

Auditor in India

Ruchi Anand And Associates have skilled and experienced Chartered accountant in India. We provide Company auditors in India, audit and assurance services related to controls around the financial reporting process, including financial business process and IT management controls. We are the best auditors in India for accounting and auditing services. 
At Ruchi Anand & Associates, we offer you with following audit and assurance services in Systems and system controls audit:

• Corporate governance.
• Appraisal of Infrastructure security.
• Evaluation of general IT controls.
• Assistance in documenting or testing internal controls over financial reporting.
• Data quality reviews.
• Project assurance services.
• Designing, implementation and testing of controls.
• Due diligence of systems and controls.
• Evaluation of Database security controls.
• Compliance with prescribed regulatory requirements.
• Finding weaknesses and possible design enhancements in control structure.
• Production of process flow diagrams and documentation .
• Reviews on Financial and operation applications/business process controls.
• Systems – pre- and post-implementation reviews .
• Opinion Services including Third party assurance.
• Third party reports / opinions e.g. internet gaming, web seals.
• Independent assessment of General Computer Control (GCC).
• IT Risk & Controls - GAP Identification & Analysis.
• ERP Effectiveness Evaluations.
• ERP implementation reviews.

For any financial help contact us: Click here