Audit and Assurance approach of the firm is to concentrate efforts on controls and key areas enabling to provide a straightforward, cost effective audit/certification. The firm has considerable experience and expertise in Statutory Cost Audits and Special Audits under Central Excise Act, 1944.
Firm offers following services in the area of AUDIT & ASSURNACE SERVICES:
Cost Audits
- Voluntary and/or Statutory Cost Audits u/s 233B of companies Act, 1956 of cost accounting records maintained u/s 209(1)(d) of Companies Act, 1956
Special Audits Under Central Excise Act, 1944
- Special audit under section 14A – Valuation Audit
- Special audit under section 14AA – Special audit in cases where credit of duty availed or utilized is not within the normal limits, etc.
Certification services
- Determination of Cost of Production for the Goods Used for Captive Consumption
- Determination of Cost of Production of Bulk Drugs and/or Formulations under DPCO 1995
- Deduction of Equalized Sales Tax for Approval of Price List
Other Audits
- Perpetual Inventory Audits and Stock Valuations.
- Internal Audit