Auditing & Assurance
Audit & Assurance:
Meeting Expectations & Building Stake holder Confidence.
At PNPC Global, we meet 360% expectation of all stakeholders in Audit & Assurance. We are committed to excellence with disciplined minds and stringent audit processes.
​
The audit environment is rapidly shifting because of tighter regulations, digital advancements, growing competition, and the necessity to foster trust in capital markets. Audits and financial reporting are getting more complicated, with more detailed information be reported and mandated by various statutes. At PNPC Global, we work to build trust by fully understanding the businesses we audit and being clear in our audit processes. People now expect more certainty and value from audits and rely on our reporting’s to make smart decisions.
To provide reliable audits, we bring together teams with different skills who can tackle the toughest issues. With our expertise we provide extensive audit services including.
Financial Statement Audit
Our expert auditors conduct thorough examinations of your financial statements to ensure their accuracy, reliability, and compliance with accounting principles and relevant regulations. We provide valuable insights that aid in decision-making and enhance credibility with investors, lenders, and other stakeholders.
Statutory Audit
Compliance with statutory requirements is vital for businesses. Our team ensures that your organization adheres to all relevant laws and regulations, giving you peace of mind that you are operating within the legal framework.
Tax Audit
Our tax audit services help ensure that your tax returns are accurate and compliant with tax laws, minimizing the risk of penalties and audits by tax authorities.
Special Purpose Audits
In addition to regular financial audits, we conduct special purpose audits to address specific needs or concerns. These may include forensic audits, compliance audits, due diligence for mergers and acquisitions, and more.
Internal Audit
Our internal audit services focus on evaluating your internal controls, risk management procedures, and operational efficiency. We identify areas for improvement, helping you strengthen governance and mitigate risks, ultimately improving your organization's overall performance.
Review Engagements
Our review engagements provide limited assurance on your financial statements, offering a cost-effective alternative to full audits for businesses with lower reporting needs.
Performance Audits
We conduct performance audits to evaluate the efficiency and effectiveness of your organization's programs, projects, or processes. These audits help identify areas for improvement and ensure resources are utilized optimally.
Compliance with International Standards
​For organizations with global operations or aspirations, we ensure compliance with international accounting and auditing standards, helping you meet the expectations of an international audience.
Independent Assurance for Funding and Grants
For nonprofits and organizations seeking funding or grants, our independent assurance services add credibility to your financial statements, enhancing your chances of securing financial support.
Specialized Audit Services
-
Concurrent Audit: Ongoing audits to ensure real-time accuracy and compliance
-
Management Audit: Evaluation of management practices and performance.
-
Revenue Audit: Examination of revenue streams for accuracy and efficiency.
-
IFRS Audit and Compliance: Ensuring compliance with International Financial Reporting Standards.
-
Due Diligence Audit: In-depth examination for mergers, acquisitions, and investments.
-
Revenue Audit of Banks: Specialized audits for banking revenue.
-
Branch Audits of Banks: Comprehensive audits of bank branches.
-
Audit of PF Trusts, Charitable Trusts, Schools, etc.: Audits tailored to specific entities.
-
Audit of Co-operative Societies: Ensuring compliance and accuracy for cooperative societies.
-
Information System Audit: Evaluation of IT systems for security and efficiency.
Audit Reports and Recommendations
Our comprehensive audit reports present findings, recommendations, and opportunities for improvement. We discuss the results with your management team, enabling strategic actions based on the audit outcomes.
Continued Support and Guidance
Beyond the audit process, we provide ongoing support and guidance to help you implement audit recommendations and improve your financial and operational performance.
Our global audit methods (India & UAE), combined with advanced tools and technologies, ensure high-quality outcomes. We use the expertise from PNPC Global's tax, consulting, and transaction teams to deliver consistent work. Our presence India & UAE with integrated structure allow us to offer consistent service and quality in both countries. With latest technological tools and combining traditional skills like accounting and careful judgment with new expertise in areas like data analysis and automation we add values to our assurance services and ensure better risk management.
​
The quality and effectiveness of audits matter to investors, other stake holders and to audit committee as well. We build confidence among all stakeholders, meet regulatory standards and aim to provide excellent service to every client, regardless of their size, scope, or industry. We blend both traditional and technology enabled audit methods in delivering this assurance services. At PNPC Global’s we ensure only best professional are deployed on all assignments and strive our focus on teamwork and cooperation. By working closely with clients, PNPC Global experts bring their top skills and teamwork to every project.
At Philip & Prabhu Consulting P Ltd, we are committed to providing high-quality Audit & Assurance services that instil confidence in your financial operations. Our dedication to accuracy, integrity, and professionalism ensures that your organization's financial information is transparent, reliable, and trustworthy. Contact us today to benefit from our expert auditing solutions and reinforce trust with your stakeholders.