Audit & Assurance

Audit & Assurance

Our belief that audit and assurance services are a 'profit centre' rather than a 'cost centre' have also been endorsed by our clients; the testimony of which lies in our decades long association with them. At Talati & Talati LLP, 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.

The Audit approach of a firm is to concentrate efforts on controls and key risk areas enabling to provide a straightforward and cost effective audit.

Talati & Talati LLP has considerable experience and expertise in:

  • Statutory Audit prescribed under various laws
  • Tax Audit prescribed under the Income Tax Act
  • Limited Reviews
  • Sarbanes Oxley compliance
  • Audit for entities like Banks, Trusts and Co-operative Societies
  • Audit for charitable Institutions
  • IFRS - Advisory, Implementation and Reporting

Risk Advisory Services

  • Management Assurance / Internal Audit
  • Internal Financial Control Reporting
  • Revenue Assurance
  • IT Advisory
  • Forensic Unit - Fraud Investigation and Risk Assessment
  • Standard Operating Procedures (SOP) Development and Manuals
  • Fixed Asset Reconciliation and Management
  • Due Diligence Review
  • Specialized Assurance Services to NGOs