The dynamically changing market, the rapidly changing industry, and the intricate regulatory requirements all provide obstacles for an organization. Financial accounting, interpretation, compliance, and reporting are becoming difficult due to the constantly shifting regulatory environment and the escalating expectations of stakeholders.
To strengthen that trust as a keystone of your success, ASCBSR’s technology-enabled audit and assurance services can help you align with stakeholder expectations and uphold the integrity essential in capital markets.
ASCBSR is engaged in providing accounting and assurance services under various statutes across various industries for the past several decades.
OUR PRIMARY FOCUS AREA
- Examination of Accounting System & Internal Control
- Robust risk assessment and diagnostic process
- Tailored audits procedures
- Quality-focused
- Efficiency and compliance
Our Accounting & Assurance Services
Audit and Assurance
- Statutory Audits: Statutory Audit, Tax Audit, Limited review as required under the Companies Act and Income Tax Act and in compliance with various auditing and accounting standards.
- Certification: We specialize in providing comprehensive Independent Assurance services including certification that help organizations build trust.
- Corporate reporting: under corporate reporting we cover the process of presenting financial and operational information to stakeholders, often through documents like financial statements, Management Information System (MIS) and periodic/annual reports.
- Training service: providing maximum value to our clients and offer a range of training services designed around specific business needs. These include accounting and audit regulatory training
Accounting Advisory Services
Provide expert guidance on complex financial and accounting issues, including regulatory compliance, financial reporting, and strategic planning.
Agreed Upon Procedures Management Reporting
Agreed Upon Procedures (AUP) Management Reporting involves executing specific, client-approved procedures to review certain financial or operational aspects without providing an overall audit opinion. AUP are performed in relation to financial information in line with SRS 4400 issued by ICAI.
IFRS & IND-AS Implementation
Involves adopting these accounting standards to ensure financial statements are consistent with international (IFRS) or Indian (IND-AS) reporting requirements.
Financial Statement Preparations
Involves creating detailed reports that summarize an organization's financial performance and position, including the income statement, balance sheet, and cash flow statement.