At RNS, we understand that businesses in today’s rapidly changing economic environment face various challenges, including dynamic laws, regulations, and market factors. This highlights the importance of audit and assurance services, particularly statutory audits mandated under corporate and tax laws, which require an independent analysis of financial statements with extensive disclosures.
Our experienced team of auditors ensures that the audit approach, including tax audit where applicable, is customized to suit the specific needs of each client. We believe that an audit should not only review historical data but also provide reasonable information about impending risks, assuring stakeholders of the fairness of financials.
We have served a diverse range of industries, including manufacturing, infrastructure, power, oil & gas, telecom, FMCG, and IT services, which has helped us develop a deep understanding of the unique needs and challenges of different businesses. With proven expertise in financial statement audit, we are empanelled with the Comptroller & Auditor General of India and currently serve as statutory branch auditors for State Bank of India.
Our audit division offers a range of services to help clients ensure the accuracy and transparency of their financial reporting, including:
1. Financial statement audit: Through our auditing and assurance services, we conduct thorough and independent assessments of financial statements to provide assurance to stakeholders that they are free from material misstatement.
2. Internal audit: Our internal audit services, aligned with international auditing standards, help clients evaluate and improve their internal controls and processes, identify potential risks, and enhance organizational efficiency.
3. Management audit: We provide management with an objective evaluation of their performance, including aspects related to tax audit, and help identify areas for improvement in order to achieve organizational goals.
4. Stock and Fixed assets Audit: Our stock and fixed assets audit services, including tax audit support where applicable, help clients verify the existence, ownership, and value of their assets and inventory.
5. Tax audits: We assist clients in meeting their tax compliance obligations by conducting tax audits, including financial statement audit, and ensuring adherence to applicable tax laws and regulations.
