Auditing & Assurance

Reporting to our clients on financial information in an effective and accurate manner is a commitment that we feel cannot be compromised. We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency.

Audit and Accounting services from SJA can help you get a handle on where your business has been, where it is today, and where it is going. We offer a variety of services, based on your needs that can give you confidence in "the numbers" of your business.

Services includes-

  • Statutory audits
  • Internal audit & management audit
  • Stock audit
  • Due diligence
  • Special audits

Statutory Audits:

Audit of financial statement provide assurance to various stakeholders over the financial information provided by the management. We as an independent auditors perform the valuable role of trusted bridge between the management i.e. provider of financial information and users of financial information. Our Audit professional understand there responsibility towards public interest and perform substantive audit procedure to obtain better audit evidence and gain deeper insights.

Internal & Management Audits

Contemporary internal audit is not restricted only to financial aspects of an entity, but penetrates deep into the operations as well. The internal audit profession too has witnessed a sea-change from the traditional type compliance or transaction audit to a much more dynamic 'Risk-based Audit', 'Controls Assessments', 'Controls Rationalisation' and so forth. Internal audit is a valuable tool and an indispensable resource to executive management and the Board of Directors in accomplishing overall goals and objectives, and simultaneously strengthening internal control and overall governance.

The obvious benefits and value addition flowing out of an internal audit process definitely outweigh that costs associated and as such utility of this activity cannot be over-emphasized.

The firm specializes in the conduct of comprehensive & constructive process-based appraisals that not only provide controls assurance but also help re-engineer the internal systems & processes for optimal business results.

These services cover an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps SJA's clients accomplish their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the risk management, control and governance processes prevalent in their organisation. In addition to modern Assurance Services, SJA has considerable experience in setting up and monitoring the internal audit organisation for clients.

Business and management audit services are aimed at conducting strategic and frontline audits to analyse performance across the product and process groups in the organisation. The results of these audits will serve as the groundwork for designing appropriate restructuring programmes. The spectrum of SJA services in this area is diverse, suiting each company and every industry, broadly covering the following:

  • Data Analytics
  • Fraud Prevention Controls
  • Risk Management Functions
  • Ethical and Regulatory Compliance
  • Process Reviews
  • Third party Assurance
  • Human Resource Reviews
  • Tax Reviews

Stock Audits:

Physical Asset such as inventory, fixed Assets needs a specific attention from the management of the company. In the current scenario many large organisations are operating at different multiple location, some with various channel partners ensuring a proper safeguard and monitoring of physical assets is a biggest challenge faced by the management. Our team helps the organisation in safeguard and monitoring of their physical assets. Our team follows substantive Audit procedures which ensure that every aspect of stock is evaluated and findings are reported in a transparent manner.

Due diligence:

A Due diligence audit involves the internal assessment of an organisation with an objective of an greater understanding of the business earning capabilities, the competency of management, the prospective customers and suppliers as well as their financial positions. Our due diligence audit team helps the organisation in evaluating the history, performance, ability and goodwill of the organisation.

  • Types of due diligence reviews are:
  • Financial due diligence.
  • Administrative due diligence
  • Assets due diligence.
  • Taxes due diligence
  • Legal due diligence

Special Audits:

A special audit is the type of audit which is conducted in order to post-mortem of a specific area of the organisation's Activities. Example of special audit includes: cost audit, internal control audits, fraud audits etc. Special audits are mostly needed when it is suspected that laws or regulations are violated in the management of an organisation.