KPMS & Associates | Auditing | Taxation

Assurance

The firm does not always resort to the conventional ways of auditing, but adopts analytical approach and Risk based audit approach with concrete documentation in its assignments.

Statutory Audit /Tax Audit/Vat Audit

• Identification of all legislations governing the functioning of the Company
• Conduct of Audits with strict adherence to applicable legislations
• Review of Company Practices to ascertain legislative compliances
• Reporting as per legislations and Value add through additional deliverables for the perusal of the Management

Internal Audit/Compliance Audit

• Audit of current internal controls & policies
• Analysis of strengths and weaknesses of the present system – providing appropriate solutions for improvement.
• Identification of all legislations governing the functioning of the Company
• Conduct of Audits with strict adherence to applicable legislations
• Setting up of proper security check points
• Constant Review and Evaluation of Internal Control Policies
• Timely reporting

Stock Audit/ Management Audit/Special Audit

• Audit of current internal controls & policies
• Analysis of strengths and weaknesses of the present system
• Development and Implementation of an effective Compliance Management System
• Implementation of measures for monitoring auditing and reporting systems and dealing with non-compliances
• Building mechanisms to constantly review and adapt to the Laws and their applications.
• Constant Review and Evaluation of Internal Control Policies
• Timely reporting

Concurrent Audit/Revenue Audit

• Conducting the concurrent Audits comprehensively for various banks or other institutions as per the client requirements.
• Exhaustive verification of revenues to identify the revenue leakages.
• Preparation of Reports providing adequate information for initiating corrective measures
• Verification of corrective measures undertaken for the issues identified in the previous audit reports.

Auditing

Conventional ways of auditing, but adopts analytical approach and Risk based audit approach with concrete documentation in its assignments.

Taxation

Managing clients affairs in the most tax efficient manner. Which includes Direct Taxes, Indirect Taxes & Other Acts.

Consulting

Project Consultancy, Outsourced CFO Services, Valuation of Shares/Business, Service Tax/Central Excise ,Payroll Processing etc.