JAIN SARAOGI & CO

Services

Assurance

Assurance services are an independent professional service with the goal of improving the information so that the decision makers can make more informed and presumably better decisions. These services have become important as it helps in the alignment of the financial and management objectives of an organisation with the overall business goals and objectives.Our assurance services helps in enhancing the reliance which can be placed on the financial statements prepared by the clients for use by investors, creditors and other stakeholders, including the statutory requirements as per law.

We strive in providing our clients with the kind of consultation which will help them to run their organisation with utmost efficiency. We abide by the audit standards while executing the assurance work of the clients. We will review your current accounting system and the controls installed by you, providing you with ways which will help you improve. Jain Saraogi & Co. with a professionally organised team provides our services in an efficient way.

Statutory Audit

Statutory Audit is a legally required review of a company's records which enables us to give a true & fair view opinion on the company's financial statements like the Profit & Loss Account, Balance Sheet and Cash Flow Statement. It helps in identifying fraud or mismanagement, if any, preventing malpractices and ensurestransparent financial statements giving a clear view of the business to the stakeholders. Our services include :

Review of Financial Statements
Compliance with Accounting Standards
Compliance with Company Law

Internal Audit

Internal Audit is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. Our services are a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Our services include :

Risk Management
Evaluation of Internal Control

Tax Audit

Tax Audit is an essential part of the planning exercise for an organisation.Tax Audit involves an expression of the Tax Auditor's opinion on the truth and correctness of details, given by assessee to the Income Tax Authorities to enable an assessment of income tax. We help our clients to lessen the burden of tax and also review that disallowances and deductions are properly and correctly calculated. Our services include :

Tax Planning
Preparation of Tax Audit Report

Management Audit

Management Audit is an analysis and assessment of competencies and capabilities of a company's management in order to evaluate their effectiveness, especially with regard to the strategic objectives and policies of a business. Our services include independent review of the functional efficiency of the management and suggesting ways of maximising management performance.

Concurrent Audit

Concurrent Audit is a systematic and timely examination of the financial transactions on a regular basis to ensure accuracy and compliance with procedures and guidelines. Our services include reviewing the system of accounting and identification of inefficiency in the process, if any, providing suggestions to improve and ensuring adherence to procedures and guidelines laid down.

Information System Audit

Information Systems Audit is an examination of the management controls within an Information Technology infrastructure. We help clients evaluate whether the information system is safeguarding assets, maintaining data integrity and operating effectively. Our services include examination of information systems, their inputs, outputs and processing.

Investigation Audit

Investigation Audit is carried out to investigate into the operations at various levels of management and the books of accounts to identify any misappropriation, mismanagement or inefficiency in the organisation. We help clients as per their requirements and modify our modus operandi accordingly. Our services include investigation of books of accounts and activities carried out in the organisation and recommending ways to improve in case of inefficiency observed.

Stock Audit

Stock Audit is a process of examination of accuracy of the stock statements, checking of reasonableness of the valuation of stock and determining the physical quantity of the stock owned by the organisation. We help clients in assessing the internal control measures relating to inventory and suggesting ways to improve. Our service includes verification of physical stock, checking of documentation maintaned by client and recommending changes for proper inventory management and cost reduction.