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Auditing

The purpose of auditing is to satisfy the users of financial statements that the accounts presented are drawn up on correct accounting principles and that they represent a true and fair view of the state of affairs of the organisation.

Conduct of audit as per the auditing, assurance standards and guidance notes issued by ICAI, other laws and regulations, and issue audit reports under various laws
Ensuring compliance with policies, procedures and statutes
Genuineness of expenses booked in accounts
Identifying and assessing the risks of material misstatements through understanding the entity and its environment
Forming an opinion and reporting on financial statements