Audit and Assurance is a large part of the firm's practice and is the core service offering. The firm provides these services to companies across almost all sectors ranging from relatively small to large sized entities

Statutory Audits

With ever evolving business, the business ruleschange but not the fundamentals. Meeting investor expectations begins with the completeness, accuracy and fair presentation of information in financial statements and disclosures. Statutory audit is key to sustaining confidence in both your company and the financial system at large. It must keep pace with a fast-evolving corporate reporting environment. At S K SURANA & CO LLP we approach audit with a deep and broad understanding of your business, the industry in which you operate, and the latest regulatory standards. We consider the risks your company faces, the way management controls these risks and the transparency of your company's reporting to stakeholders.

Fraud Investigation and Special Audit

An examination and evaluation of a firm’s or an individual’s financial information for the use as an evidence in the court of law.Despite designing and installing high quality control systems, organizations do face situations involving fraud and financial impropriety. At S K SURANA & CO LLP we undertake financial investigations of misconduct, bribery and corruption; with the main focus on assessing the financial transactions, accounting irregularities, and regulatory and compliance issues on behalf of the public and closely held companies, private equity firms, government agencies, municipalities, NGOs and HNIs/ industries we serve. Our well trained and qualified subject matter experts handle such issues with great proficiency.

Due Diligence

The financial due diligence process is one of the most crucial part of any transaction. Our aim is to enable entrepreneurs and decision makers to make sound investment decisions with great confidence at every stage. We aim at eliminating the risk and potential flaws of investing at domestic and international locations.

In addition we provide services of:

• Restatement of Financial Accounts /Statements for IPO and others
• Certification of Accounts under US GAAP
• Accounting Certification under various governing statutes

The firm continuously endeavors to ensure that Audit and Assurance services do not remain a mere compliance requirement, but adds value to the clients. The firm's forward-looking pragmatic approach with thought leadership has attracted several companies to engage with the firm.