Financial statements are crucial for an organization’s financial health, and a statutory audit ensures their accuracy and compliance with accounting standards. At KSMA, our experienced auditors provide comprehensive audit services, collaborating with businesses to understand their specific requirements and aid in presenting a “true and fair view” of your company’s financial health.
Our auditing services include:
AUDIT SUPPORT SERVICES
Reconciliation Services:
1. Reconciliation Services
2. Customer/Vendor Reconciliation, Ageing and confirmations
3. GSTR 2A Reconciliation
Physical verification services:
Fixed asset and Stock count and verification services
Audit Related Services
1. Data gathering and preparation of audit documentation
2. Year-end Accounting Entries & Closing Books
3. Financial Statement Preparation (Standalone & Consolidated)
4. Assisting with Auditor Queries
5. 3CD annexures
Financial statements are crucial for an organization’s financial health, and a statutory audit ensures their accuracy and compliance with accounting standards. At KSMA, our experienced auditors provide comprehensive audit services, collaborating with businesses to understand their specific requirements and aid in presenting a “true and fair view” of your company’s financial health.
Our auditing services include:
Facing an audit can be stressful. Our team of experienced professionals provides comprehensive audit support services to help you navigate the process with confidence. We offer a range of services to streamline your audit, including:
We ensure your bank and loan statements match your internal records, identifying any discrepancies. Further, we also assist in obtaining and reconciling bank and loan confirmations obtained directly from banks and third-party vendors.
We analyse outstanding receivables and payables to ensure accuracy and timely collections/payments. Further, we also assist in obtaining and reconciling third party debtor and creditor confirmations obtained directly from banks
We reconcile your sales data with information filed by your vendors (GSTR 2A) for GST compliance.
Weconduct physical inspections of inventory and fixed assets to verify its existence, condition, and quantity. Through meticulous counting and examination, we ensure accuracy in financial reporting, compliance with regulations, and detection of any discrepancies or irregularities.
We collect and arrange essential financial data to facilitate a seamless audit procedure. We transform and format the data to be easily accessible for auditors
We assist with accurate year-end journal entries and ensure proper closing of your accounting books.
We help prepare clear and concise financial statements, both for individual entities and large corporates.
We provide support in addressing any concerns raised during the audit.
We can also assist with preparing information required for 3CD annexures and other tax assessments.
Our Accounting Advisory Services go beyond compliance. We help businesses streamline financial reporting for faster, more accurate results. Gain valuable insights on critical accounting issues and ensure your financial practices align with your overall business goals.
We offer a comprehensive range of accounting advisory services, including:
Seamless transition to Indian Accounting Standards.
Enhance speed & accuracy of financial reporting.
Expert guidance on complex accounting matters.
Navigate financial complexities of mergers & acquisitions.
Attestation and certification services involve verifying and validating various financial or non-financial information to provide assurance and credibility to stakeholders like banks, regulators etc. This could include confirming the accuracy of financial statements, validating compliance with regulations, or certifying the authenticity of documents.
We offer these services to ensure transparency, reliability, and trustworthiness in the information provided to clients, investors, regulators, and other interested parties. Sample certifications include fixed asset certification, net worth certification, shareholding certification etc.
For over 31 years, Kishore S. Mehta & Associates has been providing comprehensive tax and accounting services to businesses and individuals. Our team of experienced Chartered Accountants is dedicated to your success, offering a personalized approach and in-depth knowledge of the taxation arena.
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