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An audit service in India is a process of examining and verifying an organization’s financial records, transactions, and compliance with applicable regulations. This process helps organizations to ensure their financial accuracy, reliability, and integrity. The purpose of the audit is to evaluate the internal controls of the company or organization being audited so that potential problems can be identified before they become serious issues.
Audits provide evidence confirming whether or not an entity’s accounts are presenting a true and fair view of its finances. Audit services in India typically include review and examination of all relevant documents relating to a company’s operations including balance sheets, income statements, budgets & forecasts cash flow statements as well as other information such as tax returns, bank deposits, investments, etc. In short, audits are essential for ensuring that companies have accurate & reliable data which forms the basis for making informed decisions about their businesses.
