Audit & Assurance Service
Our team of highly qualified professionals with extensive industry experience offer services that are completely aligned to management’s requirements, address them about business risks and provide assurance on control effectiveness.
We have been engaged as Auditors under various statutes by entities which include Corporates, Financial Institutions, Banks, Voluntary organizations, Charitable Institutions, Partnerships and Proprietorships.
Audit and Assurance service cover
- Audit as required by Indian Companies Act, 1956 for all Public and Private Companies
- Audit of Banks and other Financial Institutions
- Audit under Indian Income Tax Act, 1961
- Audit under various statutes for voluntary organizations and Charitable Institutions
- Audit as required by various Indirect taxation including State Value Added Tax (VAT)
Internal or Management Audit refers to audit of internal control procedures adopted by an organization in furthering its objectives. It improves the effectives of risk management, control and governance. The scope of internal audit is as agreed with the management and involves topics such as
- Efficacy of operations
- Cost Control
- Compliance with statutes
- Prevention of fraud
- Safe guarding of assets
- Ensuring the reliability of Financial Statements
International entities Audit refers to audit of subsidiaries of overseas entities for Group reporting and consolidation.
We undertake audit of the subsidiaries of foreign companies operating in India and report to the independent Auditor of the parent company.
TPMG offers specialized audit service in
- Investigation audits
- Concurrent audit of Bank branches
- Concurrent audit of companies on behalf of financial institutions
- Stock and receivables audits
- Due diligence assignment on behalf of financial institutions and Banks