Audit & Assurance

At Talati & Talati LLP, the team of professionals make their most to let the clients assess their financial health and instill confidence in the financial reporting. In order to provide analysis to improve performance and provide reliable and accurate reporting to financial stakeholders, the team takes into account the uniqueness of every business, as well as the client’s policies and procedures.

With years into the service, the firm creates a value proposition for its clients based on:

  • Being a member firm of ICAI, Talati & Talati LLP is listed as an MEF Category – I firm and has valid Peer Review Certificate. The core team holds positions in various law societies, technical committees, along with business and government advisory panels.

  • Committed to technical excellence to ensure adherence to rules and regulations while offering interpretations and alternative approaches.

  • Involved in business and civic activities, public-speaking opportunities, and media commentary.

  • The audit and assurance services are a ‘profit center’ rather than a ‘cost center’ which is also endorsed by our clients; the testimony of which lies in our decades-long association with them.

https://talatiandtalati.com/wp-content/uploads/2021/02/Audit-Assurance.jpg

Statutory Audit

Statutory Audits are conducted by our expert team using CAATs and audit techniques that have been derived from our experience as well as technology. Our audits are done in various environments such as multi-geographic entities to multi-company groups and our experience ranges from all sectors of the economy including Manufacturing, Trade, Overseas Trades, Power Companies, Shipping Companies, Oil Exploration, Pharma, Chemicals, Automobiles, Educational Institutes, Hospitality Industry, FMCG, Retail Chains to name a few.

Internal Audit

We undertake Internal Audits wherein we are strong on compliance of the gaps identified, therein helping organizations grow in reality, rather than just on paper. Internal Audit is a process made to protect the interest of various stakeholders. Although sometimes, Internal Audit is governed by a statute also but most of the time it is done to check the compliance of the functioning and improvement of Internal Control Systems and procedures. Generally the Internal Audit process goes along with the routine functioning of the organization. It is blended with the routine operations of the organization and is a regular function.

Stock Audit

Stock Audits involving specialized skill sets or where the business entity entails a complex structure, Talati & Talati LLP team is the best fit. Having immense experience within the firm and with enrolled subject experts, no task is unachievable for the firm as we have designed a unique system of conducting stock audits and has specialized team to deliver the accurate results as per specific requirements of the clients.

Forensic Accounting

Forensic Accounting & Investigation entail the art of deriving measurable results with conclusive evidence. Through our experience and specializing in the field of Forensic Audits, the firm's Conclusive Forensic Audit Reports have been instrumental to many cases in the Court of Law besides innumerable out-of-court settlements. Talati & Talati LLP is a premier Forensic Audit & Investigation service in India, being on board with the most reputed regulators in India apart from numerous banks, Economic Offence Wing, and other Investigative Agencies.

Meet Our Audit & Assurance Team

Don’t wait, just ask. We are just a click away to discuss your business and find out how best we can serve you.