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Statutory audits are carried out to inform the Indian government about the state of a company’s finances and accounts. Such audits are carried out by an exceptional team of qualified auditors at B K LOHARUKA & ASSOCIATES. The audit report is written properly according to the norms and regulations established by government authorities.
One of the most important aspects of every deal is the financial due diligence process. B K LOHARUKA & ASSOCIATES. has the experience and a proven track record in this field. Our goal is to provide entrepreneurs and decision-makers with the tools they need to make solid investment decisions with confidence at every level of the process. We want to eliminate the danger and drawbacks of investing in both domestic and international locations.
Examining and evaluating a company’s or an individual’s financial data in order to utilise it as evidence in a court of law. On behalf of the public and closely held companies, private equity firms, government agencies, municipalities, NGOs, and HNIs/industries we serve, B K LOHARUKA & ASSOCIATES. conducts financial investigations of misconduct, bribery, and corruption, with a primary focus on assessing financial transactions, accounting irregularities, and regulatory and compliance issues. Our subject matter experts are well-trained and prepared to tackle such problems.
Companies construct their financial statements using a set of widely accepted accounting principles, rules, and processes. GAAP is a collection of authoritative rules (established by the policy board) and widely recognised methods of capturing and reporting accounting data. B K LOHARUKA & ASSOCIATES. has amassed the knowledge and experience required to undertake US GAAP audits.
IND-AS stands for Indian Accounting Standard and is a set of convergent standards for IFRS (International Financial Reporting Standards). Its purpose is to guarantee that India adopts globally acknowledged standards and makes them mandatory for certain businesses.
At the moment, IND-AS is the most important project in financial reporting standards on a worldwide scale. Approximately 120 nations and reporting jurisdictions permits/ requires IND-AS for domestic listed companies, while over 90 countries have fully conformed to IND-AS as promulgated by the International Accounting Standards Board (IASB) and include a statement acknowledging such conformity in their audit reports. We offer skilled and educated resources to aid with IND-AS convergence, balancing the organisations’ immediate and long term objectives.
Tavasya Co & LLP’. primary competency and area of specialty is stock auditing. Because of our unrivalled reach and all-India network, we are devoted to providing unrivalled Internal Audit Services. Stocks and physical assets like raw materials are important real assets that require systematic management. Asset management is difficult since a big number of firms operate across borders through various sites and channel partners. We strive to provide targeted services to businesses in order to preserve their physical assets in good working order.
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