Audit & Review of Financial Reporting
The Annual financial statements are prepared by the management of the reporting entity and require examination and audit by an Independent Audit Professional with an in-depth expertise to verify the financial information from audit evidence and an assessment of Internal Financial Controls such that the reliance on available audit evidence is duly assured. We provide the audit services to assure that the financial statements are prepared in accordance with law and are in compliance with applicable GAAP and Accounting Standards, and further reliable audit evidence along with Internal Financial Controls are in place and thus we follow an integrated audit approach of immaculate examination of audit evidence and financial controls.
Apart from Annual Financial Statements, we provide our Audit services with respect to various financial reports prepared by the management for various stakeholders like financial Institutions, prospective investors like private equity funds, collaboration partners and other stakeholders. We strictly follow the International Auditing Standards and Innovative Audit practices, analytical tools and data analytics to arrive at the audit inferences to provide highest level of audit assurance to our clients in International regulatory framework.
Apart from general audit reporting, we provide services of customized audit for our clients directed towards specific areas of enquiry and audit findings. Certain financial Information may need to be certified for submission to various authorities like tendering process and we provide those attestation services.
The audit practices and procedures are constantly updated to be commensurate with ever changing reporting environment and ecosystem of business to be up-to-date with international audit practices and regulatory reporting framework. Our auditing services are directed towards realizing the business goals through informed financial decisions based upon reliable and authenticated financial information at the backdrop of proper audit evidence.
We don’t perceive audit function as a historical exercise, for us audit is a tool directed towards accelerated business growth by way of leveraging expeditious decision making in business. Thus audit at VGNC is an effective management tool towards business growth.