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Audit Services

Audits give assurance that the books of accounts of the company are correct and give a true and fair view of the financial position of the company. Audits play a critical role in creating and maintaining investor confidence and can unlock valuable insights into the business.

VenturEasy has a network of auditors providing comprehensive audit and assurance services designed to enhance the effectiveness of internal controls of the enterprise and boost investor confidence.

Types of Audits in India

Statutory Audit
Every private limited company is required to get its accounts audited to ensure true and fair view of the accounts. All LLPs whose contributions exceed Rs. 25 Lakh or whose turnover exceed Rs.40 Lakh are required to get their accounts audited annually.
Tax Audit
Tax Audit is required to be conducted by every person carrying on business whose Total Sales or Turnover year exceeds Rs. 1 Crore and by a person carrying on profession and his Gross Receipts from profession exceed Rs. 25 Lakhs in the previous year.
Internal Audit
The purpose of Internal Audit is to assist the management to evaluate internal controls and improve the effectiveness of risk management. There are certain class of companies which have to mandatorily conduct internal audit.
Management Audit
Management Audit is an assessment of the methods and policies adopted by the management for the administration of its organization. VenturEasy has within its network, professionals who are experts in the field and can help your company conduct a management audit.
Pre-payment Audit
Pre payment audit is usually conducted in organizations where huge expenses are incurred in a single day through numerous vouchers and it is difficult to trace the authenticity of such payments.
Inspection or Investigation Audit
Inspection Audit or Investigation Audit is mainly initiated by the management when there is any suspicion of fraud in the organization.

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