The approach we follow for drafting Audit Report is in compliance with the Audit program. Once based upon the Accounting & Auditing standards/ principles as defined below we prepare the draft report. Application of CARO, other compliance s if required shall be taken care by us.
Our checklist:
1. Verifies assets and liabilities by comparing items to documentation.
2. The accuracy and reliability of the annual accounts.
3. The transactions are authorized or not.
4. The assets and liabilities are recorded properly.
5. Valuation of assets is done in a proper way.
6. The ownership, cost, and possession of the asset.
7. Proper disclosures are made or not.
8. Detection of fraud and error.
Please share with us your further opinion & we would be happy to take up on this project.
Brief About Us:I am an Indian CPA, experience of 7 years. Love taking freelancing assignments & delivering it prompt. Doing my own CPA practice in Delhi.
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