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Audits give assurance that the books of accounts of the company are correct and give a true and fair view of the financial position of the company. Audits play a critical role in creating and maintaining investor confidence and can unlock valuable insights into the business.
Biz-Maestro has a network of auditors providing comprehensive audit and assurance services designed to enhance the effectiveness of internal controls of the enterprise and boost investor confidence.
Statutory Audit : Every private limited company is required to get its accounts audited to ensure true and fair view of the accounts. All LLPs whose contributions exceed Rs. 25 Lakh or whose turnover exceed Rs.40 Lakh are required to get their accounts audited annually.
Tax Audit : Tax Audit is required to be conducted by every person carrying on business whose Total Sales or Turnover year exceeds Rs. 1 Crore and by a person carrying on profession and his Gross Receipts from profession exceed Rs. 25 Lakhs in the previous year.
Internal Audit : The purpose of Internal Audit is to assist the management to evaluate internal controls and improve the effectiveness of risk management. There are certain class of companies which have to mandatorily conduct internal audit.
Management Audit : Management Audit is an assessment of the methods and policies adopted by the management for the administration of its organization. Biz-Maestro has within its network, professionals who are experts in the field and can help your company conduct a management audit.
Inspection or Investigation Audit : Inspection Audit or Investigation Audit is mainly initiated by the management when there is any suspicion of fraud in the organization.
We pride ourselves on offering expert advice to businesses of all sizes. Whether you’re a small startup or a large corporation, our team of professionals is dedicated to providing you with the knowledge and guidance you need to succeed. We understand that every business is unique, which is why we tailor our advice to meet your specific needs and goals. With our help, you can make informed decisions and confidently navigate the complexities of company governance and compliance. Trust us to be your partner in business success.