Auditing Services

E-Commerce Stock Audit Services is an area of specialization and core competence for GAC Team. 

Fixed Assets, Stocks and physical assets such as raw materials are important real assets and need repeat watch. As a large number of companies are operating across the borders through multiple locations, some even with various channel partners, ensuring this watch is challenge. We offer our focused services to companies to keep them assured of their physical assets.

We render E-Commerce Stock Audit Services to a large number of clients dealing in Pharmaceuticals, readymade garments, FMCG products, etc.

Approx. Rs 2,500 / UnitGet Latest Price

We provide Stock Audit services to companies to help them safeguard and monitor their physical assets and inventories efficiently. Our Stock Audit team follows a strict audit and reporting mechanism that ensures that every aspect of stocks is evaluated and findings are reported in a transparent manner to levels concerned.

Stock audit services are also done for banks and other financial institutions which have extended credit to businesses against physical goods and assets. Our team’s large experience gives it the advantage of quality audits at lower costs for clients.

Stock Audit Service is an area of specialization and core competence for GAC Team. 

Fixed Assets, Stocks and physical assets such as raw materials are important real assets and need repeat watch. As a large number of companies are operating across the borders through multiple locations, some even with various channel partners, ensuring this watch is challenge. We offer our focused services to companies to keep them assured of their physical assets.

Our special Stock Audit team follows a strict audit and reporting mechanism that strives for best and makes sure that each minute aspect of stocks is evaluated and findings are reported in a transparent manner to levels concerned. Stock audits are also undertaken for banks and other financial institutions which have extended credit to businesses against physical goods and assets. We have big enough network throughout India for quick and simultaneous audits at multiple locations.

GST audit services are professional services offered by CAs (Chartered Accountants), tax consultants, or audit firms to review and verify whether a business is complying with GST laws. The goal is to:

• Detect errors, mismatches, or non-compliance

• Ensure correct tax payments and ITC claims

• Prevent penalties and future litigation

Assurance services are audit activities that provide an independent, objective assessment of financial statements or compliance efforts.

The objectives of these audits are to assure management, the Board, and regulators that financial statements are accurate, and operations are done in accordance with applicable policies and regulations.
These compliance, regulatory, and financial statement audits are all considered assurance services.

Our Internal Audit services help company’s Management better manage enterprise risks. GAC Team help organizations enhance the effectiveness, quality, and value received from internal audit. Our understanding of risks and areas of operational improvement can help internal audit functions improve their performance and operating efficiency and bring value to their organizations.

It is an objective assurance and consulting activity designed to add value and improve an organization's operations. It can help an organization accomplish its strategic objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.

Internal Audit Services covers Management Audit Services as well. 

The management audit is a comprehensive examination of an organization or one of its components and is implemented to identify problems or important weaknesses in the organization.

Management audit is defined by its scope and objectives. The scope is broad and includes all functions of the organization viz. objectives and strategy, corporate structure, organizational planning, budgeting process, human and financial resources management, decision making, research and development, marketing, equipment and operations, and management information systems, etc.

GAC offers most effective & efficient Internal Audit Services.

Approx. Rs 10,000 / HourGet Latest Price

GAC Team renders Forensic Audit Services to assist clients with responding to allegations involving the propriety of accounting and financial reporting, fraud, regulatory scrutiny and anti-corruption inquiries. Our multidisciplinary experts address a variety of accounting and compliance issues; analyze and reconstruct corporate books, records and electronic information; and participate in fact-finding interviews.

We react quickly and confidentially to safeguard assets and reputation, resolve matters with minimum disruption to the business and mitigate recurrences by recommending effective controls.  Our approaches enable us to efficiently gather facts, analyze the issues, and prepare reports and presentations that stand up to regulatory and judicial scrutiny. We assist with complex accounting and reporting issues that arise from situations occurring outside the normal course of business. Our Forensic Audit Services are useful under various situations:

• Insolvency Proceedings under IBC Laws
• Audit and special committee investigations
• Financial statement misstatements, inadequate disclosures
• Regulatory inquiries
• Independent internal controls and fraud risk assessment
• Compliance and transaction risk assessments
• M & A fraud services

The Audit of Financial Statement Services is one of the core area of expertise of GAC Team. The scope of our Audit of Financial Statement Services is to provide independent assurance that management has, in its financial statements, presented a “true and fair” view of a company’s financial performance and position. 
The list of stakeholders of a business enterprise is wide — from the audit committee, shareholders, employees and suppliers, to customers, banks, regulatory bodies and analysts. Every Stakeholder needs an accurate & reliable Financial Statements which meet there requirement & help them in decision making process.

Internal auditing is an independent, objective process that evaluates a company's:

• Internal controls

• Risk management

• Compliance with laws and regulations

• Operational efficiency

• Financial reporting accuracy

Unlike external audits (which are regulatory/statutory), internal audits are for your own business improvement.

An internal audit can cover a lot of ground. Here's what typically gets audited:

• Accuracy of bookkeeping & accounting

• Cash flow and working capital management

• Reconciliation of bank statements and ledgers

• Proper GST return filing and ITC claims

• TDS deduction and filing

• Review of tax liabilities and timely payments

• Stock reconciliation

• Vendor payments vs. POs

• Fraud or leak detection

• Salary structure and compliance (PF, ESI, PT)

• Attendance and leave policy checks

• Statutory deductions accuracy

• Standard Operating Procedures (SOPs)

• Duplication or redundancy in processes

• Suggestions for automation or digitization

• Identify fraud risks or data mishandling

• Check internal checks & balances

• Disaster recovery/business continuity planning