B J S And Associates

Audit & Assurance

A comprehensive audit process is essential to extend credibility to the financial information that stakeholders need to make sound business decisions. This division primarily caters to statutory audit requirements of corporate entities, large and medium-sized, including public and private sectors.

Ind As is implemented in India for certain companies. We will assist companies with the preparation of financial statements under the necessary reporting environment.  Such a service is especially useful for groups with several domestic or international subsidiaries. 

Our Audit services extend beyond the conventional/traditional financial reporting function. We take time to understand your business, its needs and blend this with the sectors in which you operate. Seamless integration of business facts with experience allows us to identify major risks and opportunities.

The fast-evolving Regulatory framework in India, coupled with a dynamic business environment has caused the role of an auditor to become vital. The clientele in the current scenario is diversified in various corporate and non-corporate entities like a sole proprietorship, partnership firm, LLP, AOP, BOI, trust, NGO, Co-operative societies, Charitable, Educational and Religious Institutions. All these organizations are regulated under various statutory enactments, which require financial assurance and certification.

The complexity of the regulatory environment coupled with risks faced by such organizations calls for the need for greater transparency in disclosures, stricter liability and accountability of executives and operational management towards the stakeholders.

Our team is insightful to the needs of such organizations and uses its expertise ensuring adherence with the provisions of applicable laws and their certifications.

Our team delivers the following range of value-added assurance services to its clientele :

  • Statutory Audits
  • Compliance Audits
  • Various  audits in banking sector viz. Statutory / Concurrent / RBIA / stock audits etc.
  • Certification service including Corporate governance
  • Tax Audits
  • Inspection and Investigation audits
  • Special Audits including under Income Tax Act,1961 And Due Diligence Audit
  • Reviews and Compilations and Attestation services
  • Interpretation of Indian Accountancy Standards & IFRS
  • Ind AS Transaction Advisory Services