Audit & Assurance Services | Nangia & Co LLP

Audit & Assurance

While business rules have evolved, the fundamentals remain the same- meeting investor expectations starts with the completeness, accuracy, and fair presentation of financial statements and disclosures. Our goal is to add value through transparent reporting to all stakeholders. We also believe audits should add value to businesses by supporting management in compliance, control, and strategic decision-making, ultimately driving growth.

We offer a wide range of audit services to meet each organization’s unique needs. Our quality-driven approach ensures that clients receive insightful and impactful audit services across India.

Services

Statutory Audit, Tax Audit and review of financial statements

Audits are necessary for maintaining trust in your company and the financial system, especially with the rapidness of corporate reporting nowadays, filled with investor scrutiny and constant oversight of financial and non-financial information. Auditing is therefore more than a legal requirement to pass a seal of approval on annual accounts; it provides objective judgment necessary to have reliable information for decision makers.  We ensure that our professionals bring experience and industry discipline to audit practice. We tailor our approach to your organization's size and nature, backed by our deep understanding of laws and regulations. Our goal is to add value through transparent reporting to all stakeholders, and we have applied technology into the documentation and audit procedures with the help of data analytics.  As one of the few firms registered with the PCAOB, USA, and holding an effective Peer Review Certificate from the Institute of Chartered Accountants of India, we are well-equipped to handle audits for listed and public-interest entities. 

Risk Assurance Services / Internal Audit

Our Risk Assurance services aim to help organizations identify key business risks and mitigate them through a pragmatic and structured approach. 

Internal Audit helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Committed to integrity and accountability, our internal audit provides objective assurance and actionable insights to senior management. 

Through our risk-based Internal Audit services, we offer comprehensive support to clients by evaluating the effectiveness of control environments across various business processes and systems. We conduct process-benchmarking across specific sectors and industries, ensuring alignment with best practices.

We help our clients comply with Internal Financial Controls (IFC) requirements for financial reporting as per applicable guidelines of Companies Act 2013. Effective internal financial controls provide numerous benefits, such as enhanced senior management accountability, increase accountability at all levels, improved financial reporting controls, more comprehensive audits, and greater investor confidence.

We develop and introduce best practices with our Standard Operating Procedures (SOPs) and Policies for organizational functions based on the facts of the client, their risk profile, and management objectives.

Group Reporting

We can serve as a component team for Group audits, working according to the instructions of the Holding Company auditors. Leveraging our global experience and resources, we ensure efficient coordination, cost management, and timely delivery of your component audits. Our consistent global audit methodology and technology platform are tailored to meet local requirements when needed. By providing specialized knowledge and tools, we help your internal staff and auditors achieve maximum efficiency.

Other Assurance Services

We cover a broad range of services under our Audit & Assurance Services vertical to fulfil our clients’ requirements under one roof. This includes: Financial Due diligence, Stock & Fixed Asset audits, Accounting & Audit support, IPO support, Sustainability Reporting, Contract review & analysis, GAAP conversion & support (including INDAS), Purchase Price Allocation, Certifications, and IND-AS transition support.