Assurance Services
We have well defined system to carry out cost-effective audits of infrastructural and PPP projects. Client’s viewpoints and specific requirements are incorporated in tailoring audit program. PPP projects involving grants are often maintained through Escrow Accounts. We assist Clients in maintaining such accounts by developing accounting systems that meet management's internal as well as statutory requirements such as:
- Reviewing compliance with accounting procedures, accounting
standards, guidelines issued by the Institute of Chartered Accountants for India,
statutory compliance, adherence to provisions of company law, tax laws, service
tax and other related laws are part of standard checks and balances.
- Management Audits required by the Management on Project
Management Reporting, analysis of transaction flows, project status reports, accounts
receivables and reserve provisions, man-hours spent, inventory management, cash
flows, time and motion study, etc.
- Reporting on the performance of the company to the
Board of Directors through ratio analyses, cash flows and other financial tools.
- Providing assurance to the management on the error
free accounting and business systems by evaluating existing controls and suggesting
improvement.
- Audits carried out at the request of the management
to investigate issues like suspected fraud, misappropriation.