Audit and Assurance Service
Auditing is a means of evaluating the effectiveness of internal controls, accuracy in the book keeping and the proprietary & reliability of the financial statements of an organization
The objective of an audit is to make sure that the financial statements are credible by providing assurance to the users of financial information, which is written and is reasonable from a source that is independent, true and with fair view in according with generally accepted accounting practices and applicable accounting standard. Business processes need various forms of internal control to facilitate supervision and monitoring, prevent and detect irregular transactions, measure ongoing performance, maintain adequate business records and to promote operational productivity
Having an effective audit system is important for an organization as it develops the confidence in a company towards achieving its overall corporate objectives
- Independence
- Quality
- Objectivity
- Reporting
At RITUL PATWA & CO, Chartered Accountants, Jaipur, India – Our commitment is to deliver comprehensive audit and assurance services designed to optimize delivery of real value and underpin confidence of the shareholders, investors, bankers, government and other stakeholders.
Our team of chartered accountants will help you to meet these demands by providing a timely and constructive challenge to the management and a robust and clear perspective to audit committees, and transparent information for your stakeholder
and investors. We approach your audit with a deep and broad understanding of your business, the industry in which you operate, and the latest regulatory standards. We consider the risks your company faces, the way management controls these risks and the transparency of your company’s reporting to stakeholders
The audit division conducts various audits & assurances including :-
 Statutory Audit under the Companies Act,2013 |
Tax Audit under sec. 44AB of the Income Tax Act, 1961 |
| Internal Audit |
Management Audit |
| Compliance Audit |
Stock Audit |
| Concurrent Audit |
Bank Audits |
| GST Audit under the Goods and Services Tax Law |
Physical Verification of Inventories |
| Assurance on compliance of the Indian Accounting Standards and implementation of International Financial Reporting Standards (IFRS) |
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