Auditing and Attestation

The businesses worldwide are changing rapidly as a result of dynamic laws, regulations and economic environment. This places significant importance to statutory audits prescribed under various statutes. An audit require detailed analysis of the financial statements of the organisations on an independent basis.

We, at Finaera Business Solutions. ensure that the financial statements are analysed after proper understanding of the business and market factors affecting the organisation and the audit approach is customised to suit the client needs.Our team consists of experts updated with ever changing statutory requirements to stay ahead of loop. Audit can be of various types and we are equipped to manage them all for our clients:

  • Statutory Audit - An objective examination and evaluation of the financial statements of an organization to make sure that they present a fair and true picture of the state of affairs of the Company in compliance with the provisions of the Companies Act 2013 and rules framed there under and conforming to all the applicable Accounting Standards.
  • Tax Audit – As per income tax act, every person whose turnover/gross receipts exceed a prescribed threshold limit is mandatorily required to get his accounts audited. Also any charitable entity who has obtained exemption registration u/s 12A and 80G also needs to submit Audit report.
  • GST Audit – GST Act prescribes every supplier having aggregate turnover exceeding a prescribed limit to get their books of accounts audited by a Chartered Accountant and to submit a reconciliation statement in Form GSTR 9C along with their annual return in Form GSTR 9.
  • Others Audits – Internal Audit, Stock Audit, Fixed Asset Audit, etc.
  • Others – Internal Audit, Bank Audit, Stock Audit, Transfer Pricing, Management Audit, etc.
  • Certifications – Net Worth certificate, Provisional financial statements, Project reports, KYC verification, any other certificate as required or prescribed under any law.