Audit & Services

Our belief that audit and assurance services are a ‘profit centre’ rather than a ‘cost centre’ have also been endorsed by our clients. We believe that audit and assurance services are an essential tool available to all stakeholders, including the management, to provide greater assurance of information and in-depth understanding of the affairs of an organization. We constantly strive to raise the bar of expectations from our audit services, to ensure continuous value addition for our clients. Besides ensuring statutory compliances and reporting on the financial statements, we provide expert opinion and insight into various areas like internal controls, legal interpretations, processes and polices, risk management, etc. Section 44AB of the Income Tax Act 1961 states that if the turnover or total annual income of a business exceeds a prescribed limit, its accounts must be audited by a chartered accountant. The CPA provides its findings and observations in the tax audit report on forms 3CA/3CB and 3CD. A tax audit services is an independent examination of an entity’s books by an auditor, as required by the Income Tax Act 1961. Tax audits and the timely, transparent and clearly documented filing of tax returns is an important task for any assesse undergoing an audit. To achieve this goal, an independent tax auditor is needed to perform the task.

We are an expert team of compliance auditing services in Ahmedabad. We are fully familiar with all type of problems entrepreneurs face today apart from issues related to filings, auditing and annual compliance. We are also one of the leading peer review audit firms in Ahmedabad and wholeheartedly work towards your business excellence. We ensure professional work, transparency in all the technologies installed and standard working methods which will lead to reliable audits fully complying with the regulatory requirements.

The financial statements of the company should provide the required clarity, quality, and create an environment of trust in the mind of readers. The statutory auditors at Adept possess a thorough knowledge of regulatory requirements, business challenges, and technical knowledge of local and international accounting and auditing standards to provide the top class statutory audit services in Ahmedabad. We believe in adding value by carrying out auditing in accordance with the regulatory requirements in a free and fair manner to bring transparency into the financial statements of the companies through our external audit services in Ahmedabad.

The scope of the statutory audit mainly depends upon the guidelines and regulations set by the government. The financial statements and the accounts of the organization are scrutinized to avoid discrepancies or any possible misrepresentation and ensure reliability.

Statutory audit, also known as external audit, is a type of audit that is mandated by a specific statute or law to make sure that the financial statements of the entities represent a true and fair view of its state of affairs and profitability. Statutory audit is governed by the Companies Act, 2013 and Companies (Audit and Auditors) Rules, 2014.