Audit Companies in India | Audit and Assurance Services

INTRODUCTION

If you are looking for audit companies in India then look no further. Backoffice India provides audit services like comprehensive auditing and assurance audit. We assist or clients to accomplish their goals by providing an organized, closely controlled process to assess and improve the efficiency of their management structure, overall control, and risk management.

Backoffice India is working with many big corporate, helping them with their audits but we also outsource audit and assurance services to small businesses. Our Audit consultant identify and evaluate if many different sectors like shareholders, corporate executives or board of directors have rational guarantees that the company’s administration, control procedures and risk management factors are effectively designed and if they are functioning effectively.

The benefits of Our Audit Service:

There are various advantages of an Audit Service. It can help you in increasing your company’s effectiveness and profitability. We can assist your management better understand their own financial and working systems. Many audit companies in India don’t have that much experience when it comes to outsourcing audit services to big corporate. Many clients come to us unhappy because of their previous experience with new audit firms. So we will always recommend you to check their client portfolio before making any decisions.

Some of the advantages of hiring Backoffice India Audit Services are:

Examine and identify your company’s financial records.
Categorize key areas for improvement in your company.
Evaluate new technology.
Reinforce and strengthen internal control.
Uncover fraudulent or other illegal activities within your company.

Our Auditors can also help you identify different areas in your company’s financial structure that needs improvement. They will also help you implement the appropriate changes and adjustments.

Outsourcing to an audit company India will also lessen the risk and therefore the cost of capital.

Our audit services
can help you expose inaccuracies and inconsistencies within your organization’s reports, which may be signs of poor monetary company or internal fraud, even though scam detection is NOT the primary objective of an audit.

Our Audit Services Include

★ Statutory Audit of accounts of Public and Private Companies
★ Financial Institutions Audit
★ PSU's firms Audit
★ Banks and non-banking financial companies Audit
★ Sole-Proprietor's as well as partnership firms Audit
★ We take special concern of any
★ Revenue leakages,
★ Overpricing,
★ Process overlaps and
★ Unauthorized access,
★ Omission and commission errors.

Types of Audit Services Covered By Us

Internal Audit Consulting:
Focus is to ensure strong internal control systems to minimize the risk of accidental or deliberate errors and omissions. Safeguarding of assets, adequate division of authority over central control areas, and conformity with internal operating policies and standard guidelines are among the many focus areas. We take especial concern of any revenue leakages, overpricing, process overlaps and unauthorized access, omission and commission errors.

Prepare Tax audit report in Form 3CA/3CB including Annexure in Form 3CD as per Section 44AB of the Income-Tax Act, as well as any rebate holiday or deduction passed on to the customer and the collection and verification of obtaining regulatory forms Like C form or H forms etc.

Reduce risk factors with our highly experienced Risk Advisory Consultants

Risk Advisory Services:
An inspection from industry supervisors and pressure from shareholders to minimize the risk is exceptional.

At BACKOFFICE INDIA, our risk advisory specialists give personalized risk management counsel to our clients. Our services are intended to achieve your strategic objectives, helping you all the way:
★ Identify and meet new risks and regulatory compliance necessities
★ Enhance working and compliance procedures
★ Support the security of your most significant data resources

Our risk advisory services combine deep industry knowledge, a mutual, risk-based approach and flexible options — all designed to minimize risk without stifling legitimate growth opportunities.

Process / Transaction Audit:
A process audit is an examination of results to determine whether the activities, resources and behaviors that are mentioned in standard format. We conduct a thorough analysis, whether there is a need for improvement is available to enhance efficiency & effectiveness.

Management Audit:
To assess and thoroughly test the systems, methods and policies followed by an entity's management in the administration. We study and prepare a strategic plan for the optimal function of available resources, to maximize employee and organisational improvement.

We carry out inventory and risk audits on behalf of banks and financial institutions and other NBFCs. Also to access risk factor analysis and debt leverage potential calculation. The objective of this exercise is to confirm the fact that the value of security against which funds are lent by the bank is safe. And free of any spurious or wronged intention. We assist clients in the operation of business growth with financial, legal and accounting reviews in case of mergers, acquisitions and investments in any surviving or new venture. Our due diligence service provides understanding of local laws, regulations and accounting practices. This enables us to keep you covered in case of critical issues in detail.

Investigation: To avoid fraudulent activities we provide investigation services in any transaction already happened or a new employee referral and background clearance check, etc.

We perform internal audit quality assurance assessments for companies like yours

Comprehensive Audit:
The primary purpose of a comprehensive audit is to ascertain the economy, efficiency and effectiveness of an organization's operations and use of resources. Comprehensive audits are also called "value for money" audits and are designed to be wide ranging and thorough, integrating financial auditing, corporate compliance, operational audit procedures and management reviews. Comprehensive audits have also been performed on regional governments to combat fraud and corruption.

Risk	Responsibility	Recommendations
Risk assessment is a part of a comprehensive audit. It is based on the nature, quantity and quality of evidence, and the professional independent auditor's judgment in interpreting the evidence.	A comprehensive audit identify the division of responsibility within the company or the areas covered by the audit.	A comprehensive audit report will include recommendations on how to improve procedures and enhance economy, and effectiveness in all areas.

Transform your internal audit into an efficient and low cost venture.

About our auditors

Fully qualified and Exemplar Global Certified
rained and competent to operate as auditors in your industry
Adhere to the Auditor's Code of Conduct
Maintain contact communication with you throughout the auditing process
Deliver a professionally written report articulating key findings and corrective actions
Trusted professionals who keep all information and consultations strictly confidential