NKRJ & Associates delivers tailor-made assurance services in both the Indian and global marketplace to benefit its stakeholders. Our specialized team makes use of an intelligent, effective, risk-based approach during the planning and conducting of an audit. We always uphold the highest level of quality and provide professional views that has reduced the info risk.
The basic principle of legal auditing is ensuring the financial statements. There is always an effort required to manage balance sheets, profit & loss accounting and cash flow statements to give a true and fair view and are free from any material. NKRJ & Associates audit approach comprises of an in-depth understanding of your business to operate to enable us to design an effective audit plan. Our audit methodologies are designed to comply with universal standards on auditing and at the same time the guidelines issued by the supervisory board at regular intervals.
Tax Audit is primarily an examination of a company's tax affairs in order to check if the transactions undertaken are compliant with the prevailing regulatory tax laws. Our focused and expert advisory team is well-versed with the intricate tax laws of our country and are presently helping many clients in filing their tax audit returns well before the deadlines.
NKRJ & Associates follow the international accounting reporting standards prevalent among 100+ countries. Many companies are either unaware or unprepared in managing the complexities of this change. Conversion/transition/business transformation to IFRS affects most all the commercial purposes of your company like organisation structure, legal contracts, accounting and finance, corporate responsibilities, taxation and also the executive compensation. We aim to enhance value to this conversion process and help our customers realize many of the opportunities that this change presents by assessing the likely impact of this conversion across all the business functions and to help grow the best plans for applying the necessary changes.
As per the taxation requirements, the legal auditor is obligatory to state in the audit report whether the company has adequate internal economic controls system in place and the operating efficiency of such controls. NKRJ & Associates has a dedicated team of internal auditors to help in assisting our customers in understanding the different aspects of the legal requirements and thereafter undertake the audits.