Services
Statutory Audit, Tax audit and related compliances
Statutory Audit, Tax audit and related compliances
Statutory Audit, Tax audit and related compliances
Every company registered / established under the Companies Act, 2013 in India has to get its accounts audited every year. It is directed to verify whether the company is adhering to all the compliance procedures applicable. In statutory audit, the statutory auditor has to report on the financial statements of the company for the given pe
Every company registered / established under the Companies Act, 2013 in India has to get its accounts audited every year. It is directed to verify whether the company is adhering to all the compliance procedures applicable. In statutory audit, the statutory auditor has to report on the financial statements of the company for the given period as to whether they represent a true & fair view of the state of affairs of the company. Statutory audit report serves as a significant tool of measure to all the stakeholders / general public in assessing the viability of the company in future with respect to their dealings.
We have a strong team of Chartered Accountants who are well-equipped with the auditing framework in India & are capable of conducting the statutory audit as per the global reporting standards. We have separate dedicated teams at different branches for conducting the statutory audit of various clients located across different cities.
Internal Audit
Statutory Audit, Tax audit and related compliances
Statutory Audit, Tax audit and related compliances
With liberalization of economy, the size and complexities of a typical corporate have substantially increased, causing Internal audit function to acquire special significance. We at PYS & CO LLP carry out internal audits for various Corporates. The accounting systems, internal controls operations are periodically reviewed, the recommendations for modification/improvements are made.
Concurrent Audit
Statutory Audit, Tax audit and related compliances
Concurrent Audit
While auditing as a Process necessarily means scientific test checking of records of a corporate, many times due to the size of the corporate or the complexities of the operations, concurrent audits are necessitated. PYS & CO LLP service under this head ensures continuous adherence to the predefined systems and procedures of the organi
While auditing as a Process necessarily means scientific test checking of records of a corporate, many times due to the size of the corporate or the complexities of the operations, concurrent audits are necessitated. PYS & CO LLP service under this head ensures continuous adherence to the predefined systems and procedures of the organisation. Improvements in systems are also periodically checked.
Compliance Audit
Information Technology audit
Concurrent Audit
A compliance audit is carried out to determine whether the organization is following specific procedures, rules or regulations set by a higher authority. Compliance audits could include determining whether accounting personnel are following the procedures prescribed by the company, examining contractual agreements with bankers and other lenders, compliance with stock exchange directives.
Information Technology audit
Information Technology audit
Information Technology audit
There are three basic kinds of IS Audits that may be performed:
General Controls Review
A review of the controls which govern the development, operation, maintenance, and security of application systems in a particular environment. This type of audit might involve reviewing a data centre, an operating system, a security software tool, or
There are three basic kinds of IS Audits that may be performed:
General Controls Review
A review of the controls which govern the development, operation, maintenance, and security of application systems in a particular environment. This type of audit might involve reviewing a data centre, an operating system, a security software tool, or processes and procedures (such as the procedure for controlling production program changes), etc.
Application Controls Review
A review of controls for a specific application system. This would involve an examination of the controls over the input, processing, and output of system data. Data communications issues, program and data security, system change control, and data quality issues are also considered.
System Development Review
A review of the development of a new application system. This involves an evaluation of the development process as well as the product. Consideration is also given to the general controls over a new application, particularly if a new operating environment or technical platform will be used.
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Accounting Services
Information Technology audit
Information Technology audit
- Book Keeping
- Payroll Processing
- Filing of TDS returns
- Filing of GST, Profession Tax and Employee Provident Fund returns
- Maintaining Fixed Asset Registers
- Preparation of Year-end and Interim Financial Statements