Audit & Assurance Services


Assurance services are audit activities that provide an independent, objective assessment of financial statements or compliance efforts.

As auditors, we look to see if the client’s statements about their financial position are true, fair and accurate. We work closely with their finance team and other key people to get to know their
business well and understand the risks they face.

Then we can identify any weaknesses in their financial statements, business systems or culture, and so advise them on suitable solutions.
As auditors we also like to build long-term relationships with our clients, getting to know them and their business really well.

By doing this, we can more readily spot potential problems, often before they arise.
For the past few years the approach to the auditing tasks has been significantly developed. Our work is performed on the basis of:
a)Timely planning
b)Accurate assessment of the business risks
c)Extensive knowledge of the client’s businesses
d)Diagnoses and process and transactional tests
e)Realistic and actual suggestions and recommendations

In brief, our company provides high-quality auditing services, tending to meet the legal, operating and regulatory needs of our clients, adding value in all those aspects in which opportunities of improvement of the companies' processes and activities are detected.

An independent audit review of financial statements lies at the heart of effective operations. Nair & Nelliyatt CA focus on a combination of a balanced “Risk Based Approach” and “System Based Approach” which enables them to develop a deeper understanding of client’s business and management strategies.
To ensure business activities are in compliance with accounting laws and regulations, we thoroughly examine a client’s business process, analyze performance comparisons, disclose their strengths and weaknesses, as well as identify critical areas of their operations. Our audit teams utilize modern and cost-effective techniques specifically designed by NNCA. Timely preparation of financial statements, budgets and management accounts enables precise assurance consistent with clients’ needs.

Internal audit can strengthen internal controls in key business areas and further explore and enhance the profitability of business operations.
We offer customized solutions to improve the quality and efficiency of an organization’s internal audit. Our objective is to determine risks within the business process. Once risks and inefficiencies have been identified, improvement proposals are prioritized and initiated according to their importance and urgency.
We assist clients in examining internal audit challenges including:
a)Quality assurance reviews
b)Risk assessment
c)Controls optimization
d)Internal audit transformation
e)Establishment of internal audit functions

We offer clients assistance with identifying their non-financial business risks and opportunities which can help safeguard their integrity and improve overall business performance. We have extensive experience with the following services:
a)Inventory audit
b)Fixed assets audit
c)Receivables audit

An audit is a type of assurance service. Assurance services can be regulatory or compliance-based. They work to ensure that a company or organisation is following guidelines, rules and policy, and provide both internal and external confidence for financial statements.

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