Stakeholder’s safety & confidence is the key to the growth of the organisation. K&P has wealthof experience in Statutory Audit of varied industries.
Statutory Audits, VAT Audits, Tax Audits:
The services provided by us are as follows:
Internal Audit
Incidentally, enriching the control environment and process efficiency are the key areas.
The Risk Based Internal Audit function has changed considerably in the recent past. The Risk Based Internal auditor no longer embarks on a faultfinding mission. The audit methodology has continuously shifted from a review of individual transactions with the objective of detecting errors and omissions, to a review of systems, processes and procedures. In other words, the traditional Risk Based Internal auditor who was always reactive has given way to a proactive consultant.
Forensic Services
Kirtane & Pandit LLP carry a longstanding and rich experience in the area of assurance practice, forensic accounting & Investigations etc. in corporate sector and in Banking Sector as well.
Over the period, K&P has devised its own methodology in this service line and has carried out assignments successfully.
Forensic Accounting is imperative, not only in unearthing fraud or irregularities for assisting litigations but also in improving the present control environment and in preventing occurrence of such events in future with the help of suggestions on making the control robust enough.
Therefore, Forensic Accounting is undertaken in order to have a comprehensive analysis by unearthing prevailing issues or identifying potential issues, if any. It is also expected to provide a host of solutions together with implementation guidance for preventing such occurrence in future.
The importance of the forensic accountant’s role in the detection of fraud is continuously growing.
Forensic Accounting involves the application of special skills in accounting, auditing, finance, quantitative methods.
Kirtane & Pandit LLP, armed with combination of such skills, is ready to cope with the increasing demand for forensic accountants as a result of increasing levels of frauds, which is likely to increase substantially in the future.