Cash Audit What is a Cash Audit? A cash audit is a crucial financial review process that ensures accuracy and transparency in a company’s cash handling and transactions. It involves verifying the cash balances, examining cash receipts and payments, and assessing the internal controls over cash management. The goal is to identify any errors,… Read More »
Definition of Internal audit: This is a process of evaluating and reviewing an organization’s operations. It is including its internal controls, risk management, financial and accounting systems, and compliance with laws and regulations. The primary objective of internal audit is to provide independent and objective assurance to the organization’s management and stakeholders. That the organization’s… Read More »
Secretarial Audit is Applicable Secretarial Audit is Applicable, It’s also known as compliance audit, is a process of examining and assessing the compliance of a company’s statutory and regulatory obligations. The applicability of secretarial audit depends on the legal and regulatory requirements of the jurisdiction in which the company operates. Here are some common… Read More »
Secretarial compliance for Pvt Ltd Co Here are some common secretarial compliance obligations for a private limited company: 1.Company Formation and Registration: Ensuring proper formation of the company by registering with the appropriate government authorities, obtaining the necessary permits and licenses, and complying with the legal procedures for incorporation. 2. Maintenance of Statutory… Read More »
Statutory and non-Statutory Audit Statutory audit and non-statutory audit are two types of audits that serve different purposes. A statutory audits is a legally required audit that is performed to ensure that a company’s financial statements are accurate and comply with applicable accounting standards and laws. This type of audit is typically conduct by an… Read More »
