The firm has a vast & varied experience in conducting all types of Audits for large & medium sized business entities. The firm also has the expertise to prepare financial statements not only in accordance with International Accounting Standards (IAS) but also in accordance with US GAAP, FRENCH GAAP and IFRS.

The various types of audits conducted by the firm are :-

1. Statutory Audit.

2. Internal Audit and Management Audit.

3. Tax Audit under the Income Tax Act.

4. Propriety and special Audits.

Statutory Audit:-

K. Pandeya & Co.’s work takes into account all current and, where appropriate, prospective auditing, accounting and reporting regulations and guidance. Our audit clients include many of the world’s leading multinational corporations, as well as many small and medium-sized companies and a significant number of other entities.

Ø Compliance with regulations

Ø Confirmation of accounting treatments with respect to complex transactions

Ø Monitoring of prospective accounting and regulatory changes

Ø Independent review of externally reported information

Ø Accountants’ reports

Internal Audit:-

We assist our clients to effectively manage business risks by providing a full spectrum of corporate governance, risk management, and internal audit services. These services are tailored to meet clients, individual needs and provide effective support to management in meeting the challenges and opportunities presented by today’s complex business environment.

K. Pandeya & Co.’s Internal Audit Services offer a wide range of tailored services and products to manage business risk, provide assurance on control effectiveness, and support you in achieving the organization’s objectives.

Our Internal Audit Services include:-

Ø To evaluate the effectiveness of risk management, control and governance process.

Ø Providing suggestions & recommendations for improvement in areas where deficiencies are identified.

Ø Assisting the development of Internal Control System.

International Financial Reporting Standards (IFRS) Conversion And Audit

International Financial Reporting Standards (IFRS) are soon going to be mandatory for all Indian companies too. Also, if the past few years are any guide, the future holds more regulations, new requirements, and an increasing compliance burden. As business becomes more global and complex with new markets opening up seemingly every day, a company’s financial accounting must meet global standards. For all organizations that need high quality accounting services, K. Pandeya & Co. has the depth of knowledge and technical expertise to help. Therefore our expertise in relation to IFRS may assist you in:-

Ø Keeping you abreast of the latest developments in domestic and international financial reporting

Ø Harmonizing your accounting policies in case of acquisitions and takeovers.

Ø Making comparison of IGAAP Vs IFRS

Ø Conversion of IGAAP into IFRS

Ø Solving technical accounting issues.

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