Bangalore, the IT city or the Silicon valley of India is home to thousands of companies. As an entrepreneur running a business in the city, a need for a good auditor will surely arise at some point along your journey. With so many options available, it can be overwhelming to find the existing best auditors in Bangalore. This decision, however, is critical because choosing the right auditor can have a big impact on your organization’s success.
PKC Management Consulting has years of experience and a deep understanding of the industry. We are well aware of the challenges that businesses face when it comes to finding the right auditor for their specific needs. With our expertise and network, we can connect you with the best auditors in Bangalore who will provide reliable and accurate audit reports. Along with evaluating your financial accounts, our qualified auditors will make sure that your business complies with all legal and regulatory requirements.
Requirements & Role of An Auditor As Per Company Laws in India
Auditing is crucial for any business registered in India. Every company is required by the Companies Act of 2013 to have its financial statements audited by a certified auditor, regardless of size, nature, or line of business.
The role of the auditor is to examine and present an accurate and reliable look into the company’s financial statements. They examine the bookkeeping records, transactions, ledgers, bank accounts, and other documents to ensure that the company complies with the existing accounting standards.
In addition to auditing financial statements, an auditor also has several other important responsibilities, including:
- Verifying compliance with company laws and regulations including tax laws, company laws, and other relevant legislation.
- Detecting fraud and irregularities in a company’s financial statements or operations.
- Providing an independent opinion on a company’s financial statements, without being influenced by any external factors.
- Communicating with stakeholders to help them understand the financial position of the company and make informed decisions.
Benefits of Hiring a Professional Auditor For Your Company
A professional auditor can help you:
- Ensure that your company is complying with all relevant regulations and laws. This can help avoid penalties and legal issues in the future.
- Provide an objective and independent assessment of your company’s financials. With the accurate information, you can avoid any potential errors that may have serious consequences for your business.
- Prevent losses in your company by detecting any fraudulent activities or irregularities within your company’s financial statements or operations.
- Ensure that your financial statements are accurate and reliable, providing a solid foundation for business decision-making.
- Increase your company’s credibility with stakeholders, including investors, and customers..
6 Points to Consider Before Choosing Existing Best Auditors in Bangalore
Choosing the existing best auditors in Bangalore can be tricky. However, with the right approach, you can identify an auditor who will meet your business needs. Some of the factors to consider include:
- Research about the reputation of the auditor you are considering. Look for reviews, testimonials, and feedback from previous clients to get an idea of their experience and reliability.
- Choose an auditor who has expertise in your industry or specific area of need. This ensures that they have the knowledge and skills required to provide a thorough and accurate audit.
- Check to see if the auditor has the appropriate credentials and is licensed to perform audits. This will ensure that they meet the necessary standards and regulations for conducting audits.
- Consider the resources the auditor has at their disposal, such as technology, tools, and staff. This will ensure that they are capable of conducting a comprehensive audit and delivering quality results.
- Choose an auditor who communicates effectively and clearly. They should be able to provide frequent updates during the audit process and clearly communicate their findings and recommendations.
- Finally, consider the cost of the audit and whether it fits within your budget. However, it is important to remember that selecting the least expensive choice might not always yield the highest-quality audit.
Why is PKC The Right Choice for Hiring Existing Best Auditors in Bangalore?
While there are a number of great options in Bangalore for finding editors, PKC Management Consulting can be the best fit for your organization because for the following reasons:Service Offerings
PKC Consulting offers not only financial audits but also audits in a wider area. Here are our top offerings:
- Financial Audit to ensure statutory compliances to prevent revenue leakage and be up-to-date on all compliances.
- MIS reporting audit to get you valuable information about your business for growth, planning and more.
- Process Audit to evaluate your process to ensure that it is operating efficiently and effectively.
- Concurrent Audit to provide real-time evaluation of the financial transactions and internal controls of an organization, and to identify any irregularities or discrepancies as they occur.
- Accounts cleanup & restructuring to ensure your accounts are on par with the industry standards.
Designated Knowledge Team
With PKC, you can be rest assured of finding the best and most experienced professional for your needs. We have a leadership team that comprises experts that have worked in a number of industries and know how regulations and compliance works to the core.
Client Centric & Communicative
We at PKC ensure that you have a hassle-free experience. We offer solutions and services that are centered around your needs. Our auditors also ensure that we communicate with you constantly, effectively and clearly throughout the audit process.
Affordable & Reasonable
PKC offers the best services money can buy. Our auditors are cost effective offering a high level of service while keeping fees reasonable. The prices will vary with the needs but our audit for small business starts for as low as 6,999 INR.
High Quality Results
PKC Consulting has a strong reputation for delivering high-quality results and providing excellent service. To ensure that the audit is carried out precisely and quickly, our auditors use the most recent tools and technology.
Working with the existing best auditors in Bangalore like those from PKC Consulting can help you tidy up things on the financial and internal front. So, reach out to us today to learn more about how we can help you.
