Assurance Services
Stakeholder’s safety & confidence is the key to the growth of the organisation. Kishor Gore & Co. has wealth of experience in Statutory Audit of varied industries.
Statutory Audits, VAT Audits, Tax Audits:
The services provided by us are as follows:
- Statutory Audit of the financial statements of the organization in accordance with the Generally Accepted Accounting Principle (GAAP) in India and as per Indian Companies Act, 2013
- Review & Reporting to overseas Parent Companies in line with the IFRS / US GAAP.
- Audits as directed by C & AG or Reserve Bank of India
- Audits of Trusts, Multi-state Co-operatives etc.
- Tax Audits in accordance with the requirements of Section 44AB of the Income Tax Act of India.
Internal Audit
- We believe that optimizing Return together with Risk is a key element today in enhancing any company’s valuation.
- We provide Solutions to manage these key risks, which threaten company’s returns by conducting effective RISK BASED Internal Audit.
- We specialize in carrying out such internal audits under ERP environment.
- We, generally, focus on:
- Assessment of control environment
- Systems and procedural controls and
- Value adding suggestions on:
- Business process improvements
- Prevention of revenue leakages
- Identification of cost reduction and cost control areas
Incidentally, enriching the control environment and process efficiency are the key areas.
The Risk Based Internal Audit function has changed considerably in the recent past. The Risk Based Internal auditor no longer embarks on a faultfinding mission. The audit methodology has continuously shifted from a review of individual transactions with the objective of detecting errors and omissions, to a review of systems, processes and procedures. In other words, the traditional Risk Based Internal auditor who was always reactive has given way to a proactive consultant.