Audit and Assurance

At Sharma Amrit & Co, we offer comprehensive Audit and Assurance services to provide our clients with independent and reliable assessments of their financial information. Our experienced team of auditors and assurance professionals is committed to delivering high-quality services that enhance trust, transparency, and accountability in financial reporting. Our Audit and Assurance services include:

Financial Statement Audits:

We conduct thorough and independent examinations of financial statements to provide an objective assessment of their fairness, accuracy, and compliance with accounting standards. Our audit procedures involve testing the underlying transactions, evaluating internal controls, and verifying the presentation and disclosure of financial information. Through our financial statement audits, we help clients gain confidence in their financial reporting and meet regulatory requirements.

Internal Audits:

Our Internal Audit services help organizations assess the effectiveness of their internal controls, risk management processes, and operational efficiency. We work closely with management to identify areas of improvement, mitigate risks, and enhance overall governance. Our internal audit reports provide valuable insights and recommendations to strengthen internal controls, safeguard assets, and improve operational performance.

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Compliance Audits:

We assist clients in ensuring compliance with applicable laws, regulations, and industry-specific requirements. Our compliance audits help identify any potential violations or gaps in compliance, allowing organizations to take corrective measures and mitigate legal and regulatory risks. We offer specialized expertise in various compliance areas, including tax compliance, environmental regulations, data protection, and corporate governance.

Due Diligence:

Our Due Diligence services are designed to support clients in making informed business decisions. Whether it is a merger, acquisition, or investment opportunity, we conduct comprehensive assessments of the target entity's financial statements, internal controls, and operational performance. Our due diligence reports provide critical insights that enable clients to evaluate risks, identify synergies, and negotiate favourable terms.

Review Engagements:

We perform review engagements to provide limited assurance on financial statements. Our review procedures involve analytical procedures, inquiries, and discussions with management. By conducting a review of financial statements, we offer a level of assurance that is less extensive than an audit but provides valuable insights into the reliability of the financial information.

Agreed-Upon Procedures:

We perform agreed-upon procedures engagements tailored to meet specific client needs. We assist clients in addressing their unique requirements by conducting procedures agreed upon by both parties. Our customized approach enables clients to obtain independent validation of specific financial information, processes, or controls.

Special Purpose Audits and Reports:

We offer special purpose audits and reports to address specific client needs, such as audits of financial statements for regulatory compliance, grant audits, royalty audits, and forensic audits. Our specialized expertise allows us to handle complex and unique engagements, providing our clients with tailored solutions and actionable insights.

At Sharma Amrit & Co, our Audit and Assurance services go beyond compliance. We strive to add value to our clients' businesses by offering proactive advice, identifying opportunities for improvement, and enhancing their overall financial management processes. Our commitment to professional integrity, independence, and excellence ensures that our clients receive trusted and reliable Audit and Assurance services.

Contact us today to learn more about how our Audit and Assurance services can contribute to the success and growth of your organization.

Note: The services listed above are subject to regulatory requirements, engagement terms, and specific client needs. We work closely with our clients to tailor our services to their unique circumstances and objectives.