Looking at the Bigger Picture
Internal Audit, risk assessments and process improvements
We work with audit executives, management and audit committees at companies of virtually any size, public or private, to assist them with their internal audit services.
Our team helps clients assess their fraud risks and implement solutions to better manage these risks and lead investigations into financial irregularities. Our internal audit function includes:
Statutory audits and secretarial compliances
Statutory Audits include all audits prescribed by any law and are generally final audit and tax audit and GST audit.
At RRA a team of qualified and trained audit staff are designated to conduct such audits and work with audit committees In the preparation for the audit attestation, complete consideration is given to accounting, audit standards and guideline issued by the ICAI and ICSI from time to time.
In the quest to attest the true and fairness of any financial statement, RRA strives to keep the legal requirements, disclosure norms, substantive and materiality in accounts, and the need of the users of the financial statements all in a perfect balance.
Our procedures include:
- Review of systems
- Audit program
- Transaction audit
- Validation of systems and procedures
- Substantive audit procedures
- Review of corporate governance
- Compliance of accounting standards
- Suggest positive changes
Rangarao & Associates Chartered Accountants
#39, 6th Cross Wilson Garden
Bangalore 560027