Khandhar Mehta and Shah
Businesses know the importance of Audit services
As it is a stepping stone and medium for firms to thrive and safeguard the business from unforeseen situations.
Businesses know the importance of Audit services as it is a stepping stone and medium for firms to thrive and safeguard the business from unforeseen situations. As an auditing firm in Ahmedabad, we provide assurance services to our esteemed clients. Our pragmatic approach towards issues, open communication, risk analysis, and providing early warnings is the most distinguishing feature of our auditing services in Ahmedabad. Our Audit services are the hallmark of trust, transparency, and value. We take time to understand the business and needs of our client and provide personalized and professionally-curated audit and assurance services in Ahmedabad.
What is auditing?
Accounting and auditing are two crucial functions for any business, whether small, medium, or large. Accounting includes recording financial transactions and preparing financial statements for the readers to draw meaningful conclusions and take economic decisions.
As a CA firm in Ahmedabad, we always focus on giving our clients the best in class services that reflect our values and vision of transparency, flawless, and professional work. Check out our website to understand and know more about our services and firm.
objective of auditing
One of the primary objectives of auditing is to provide an opinion if the financial statements of the company represent a true and fair view of its state of affairs and profitability. Auditor also checks the accuracy of accounting records prepared in accordance with the relevant accounting standards and statutory requirements.
At KMS, our auditors work with integrity and honesty when it comes to providing the auditing services. Without getting influenced by the management or circumstances, the auditor maintains high ethical standards and expresses his independent opinion on the financial statements.
DETECTION AND PREVENTION OF FRAUD AND ERRORS
Auditing detects the error from the grass-root level. Auditing services help in the discovery and correction of the errors and ensure the accuracy of the books of accounts. However, the statutory auditor, despite following a risk-based auditing approach, may not be able to detect carefully planned frauds, which is one of the limitations of auditing.