Right from a true and fair identification of risks, opportunities, non- conformities to measure performance of business processes, auditing evolved as a great opportunity to seize the new growth and expansion openings that are pivotal for business success.

Both for large and medium sized organizations, an audit emerged as a statutory requirement. Our team of qualified and well trained auditors plan and perform audits to obtain reasonable assurance whether the entity maintained are effective over financial reporting or not.

Following are several aspects of financial statements that we go through :

Faithful representation : Ascertain whether information thus shared is properly compiled, measured and assembled.

Fitness for purpose : We ensure information complied needs to meet its intended purpose, customized solutions to individual requirements.

Robustness : Information needs to be robust for the other purposes it is being used.

Organisational reliability : Make assumptions about if the financial statements have a clean audit opinion.

Internal control effectiveness and fairness of company's financial statements represents our quality auditing. Authenticity, trustworthiness, risk assessment, continuous business performance measurement and information security depicts assurance towards financial statements of our worthy clients.

Role of our expert team of auditors

Verify that financial transactions, checks written during the year are accounted for approved, signed, substantiated and have been posted as per the appropriate budget category

Ensure that all deposits made during the year have been accurately logged, assigned within the estimated time frame

Review, verify appropriate record keeping of each items

A complete financial review of worksheet that summarizes year's financial activity evolving cash balance and total receipts

Suggest necessary improvements to internal controls, engaged in continuous education and staff development

Types of Audits conducted by Dayanand Shetty & Co.

Statutory Audits under the Companies Act, 1956

Internal Audits including Management Audits

Stock Audits

VAT Audit

Bank Audits including Statutory, Internal, and Concurrent audits

Tax Audits under section 44AB of the Income Tax Act, 1961

Audit of Public Charitable Trusts

Audit of Co-Operative Societies