Audit & Assurance Services

All financial planning to be done by an organization requires a regular review or audit of its finances. The larger the organization, the more important and complex the process becomes.

We at Sumit Binani & 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 experience with leaders in various industry verticals enhances the confidence of various stakeholders.Our audit begins with understanding client’s area of operation and identifying major risk areas.We work closely with client to comply with Accounting Standards, Standards on Auditing and other applicable provisions of the law.

In delivering these services, we adhere to the highest standards of independence, professional objectivity and technical excellence. Our audit procedures and policies have been subjected to external reviews by Peer Review as per ICAI's Regulations.

Key tax services

• Statutory Audit: Mandated audit for every organization, from government to private.
• Tax Audit: Audit of business accounts from the income tax perspective.
• Internal Audit: Audit of organization records to ensure effective governance, control, and financial risk management internally.
• Forensic Audit:Audit of records to assess suspected discrepancies like embezzlement, fraud, or mismanagement under IBBI.
• Compliance Audit: Comprehensive review audit to ensure an organization adheres strictly to regulatory guidelines.
• Special Investigative Audit: Audit of records to assess suspected discrepancies like embezzlement, fraud, or mismanagement.
• Due Diligence Reviews: Exhaustive review of business records related to merger and acquisition.
• Concurrent Audit: Routine audit and review of the organization records over an extended period of time, as opposed to periodic or special checks.
• Management Advisory Services: Specific and personalized advice tendered to the management related to areas of discrepancies and scope of improvements.