Assurance
An annual audit event is more than a control procedure or a statutory obligation. It is also an opportunity to provide you with updated insight into your business and insight that could identify potential threats or opportunities that can factor into your plans. The importance of auditors as a vital link in the financial reporting chain and their role as trusted advisors has increased manifold in the present era. We at Sarupria Somani & Associates, understand that to deliver quality audit and assurance services, we must look beyond the traditional ways and understand stakeholders' concerns relating to performance, privacy, risk, controls, and data analysis.
Our audit begins with understanding the client’s area of operation and identifying major risk areas. We work closely with clients to comply with Accounting Standards, Standards on Auditing, and other applicable provisions of the law.
In delivering the following services, we adhere to the highest standards of independence, professional objectivity, and technical excellence.
Statutory Audits
"Sarupria Somani & Associates team uses a combination of tailor-made systems and controls to obtain audit evidence ensuring adherence with the provisions of Companies Act, 2013 across all organizations including those that are held by the government, publicly listed and privately held.
We also fulfill the statutory assurance function for noncorporate entities based on the applicable statute and laws relevant to them."
Due Diligence
"A well-run due diligence program can guarantee that a business transaction will be successful. It can improve the odds and eliminate risk to a very large extent thereby ensuring positive results for the company.
At Sarupria Somani & Associates, we believe that effective due diligence depends on identifying and managing significant transaction issues, anticipating and identifying potentially important risk and negotiation issues. "
Tax Audits
"The Regulatory framework in India, coupled with a dynamic business environment has caused the role of a tax auditor to become vital.
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."