Depending on the constitution of your business, audit may or may not be mandatory.For companies, statutory audit is mandatory. For LLPs statutory Audit depends on turnover. Tax Audit and GST audit depend on turnover. Apart from the compulsory audits, a number of companies also voluntarily do audits. To increase efficiencies, review processes and cost structures among other reasons.

Internal audits have gained significance in recent times. It helps strategically assess, remediate and improve control issues and improve efficiencies and reporting. Additionally, our ability to bring innovative ideas and advisory support, greater technology enablement and broad subject matter experience in complex areas allows us to help clients gain significantly.