Globalca

• Enterprise Risk Management
• Management Audit
• Operations and Efficiency Audit
• Internal Audit/Concurrent Audit
• Special Investigative Audit
• Due Diligence Review
  • Costing and Accounting System Design and Review
  • Revenue Audit of Banks.
  • Branch Audits of Banks.
  • Audit of PF Trusts, Charitable Trusts, Schools, etc.
  • Audit of Co-operative Societies.
  • Information System Audit
  • Due diligence audit
  • Quality assurance review
  • Transfer pricing audit

The Socio Connect services offered by the Firm aim to supplement the conventional audit to help government departments, public agencies and NGOs, corporate entities etc. to understand and improve their performance as perceived by the stakeholders in the social context.

In a developing nation, such as India, plagued with problems of illiteracy, malnutrition, low human health index, women’s empowerment, slow infrastructure development etc. Organizations like the World Bank, United Nations, and Action Aid etc. in conjunction with the developed countries of the world give aid to India for such projects ensuring inclusive and sustainable growth.

Social auditing is a way to document and hold a company accountable for its social and ethical business practices. It is a process of understanding, measuring, reporting, and most importantly improving the efficiency and effectiveness of the local governance. It is also a way to assure the donor agencies granting the aid of the achievement of the social cause within established budgets and processes.

• Clientele across sectors such as manufacturing, textiles, energy, food processing, telecommunications, Information technology enabled services. 
• Auditing more than 200 companies.
• System cum Transaction audit methodology with well defined audit planning and execution procedures
• Additional inputs on :-
  • System and efficiency improvement
  • Internal control review
  • Statutory compliances
• Empanelled with Reserve Bank of India, Life Insurance Corporation of India, Industrial Development Bank of India, Insurance Regulatory and Development Authority and Comptroller and Auditor General of India through Nitin kanwar & Associates.

• Every assessee, whose turnover of a business exceeds Rs 1 crore or total receipts from any profession exceeds Rs 25 Lakhs in any previous year, is required to get his accounts audited and report as per section 44 AB of the income tax act we carry out the same . 
• Internal Auditing/Concurrent Auditing:-For in depth checking of day-to-day transactions ,large business organizations require internal audit. 
• Normally every company physically verifies his fixed assts and stock in trade once in a year through an independent agency. We have an experience of more than fifteen years for conducting such type of audits for big companies.

Globalization of the Indian economy has been a key driver in the harmonization of accounting practices. The challenges of international competition and ever increasing complexity of information flows have widened the financial, operational, economic and business risks faced by companies. Competitive pressures and increased attention to corporate governance has enhanced the importance of enterprise risk assurance function. With increasing regulatory requirements, disclosure norms and the need for greater transparency in operations, stakeholders’ require assurance beyond the traditional critique of number. The shareholders have become more sophisticated, aware and demand greater transparency and uniformity in presentation of financial statements making Assurance a necessity.

Reengineering and deregulation have broken down the traditional hierarchical structures making organizations more flat, changing the organizational reporting relationships and management responsibilities. The dynamic environment of organizations has made reporting and businesses processes more complex making Management Assurance integral, to ensure best practices are implemented and followed.

We provide assurance services both to regulators and to managements’ to enable our clients to ensure adherence to best practices and comply with the regulatory requirements. We are committed to the highest professional ethics, standards, and principles.

Globalization of the Indian economy has been a key driver in the harmonization of accounting practices. The challenges of international competition and ever increasing complexity of information flows have widened the financial, operational, economic and business risks faced by companies. Competitive pressures and increased attention to corporate governance has enhanced the importance of enterprise risk assurance function. With increasing regulatory requirements, disclosure norms and the need for greater transparency in operations, stakeholders’ require assurance beyond the traditional critique of number. The shareholders have become more sophisticated, aware and demand greater transparency and uniformity in presentation of financial statements making Assurance a necessity.

Reengineering and deregulation have broken down the traditional hierarchical structures making organizations more flat, changing the organizational reporting relationships and management responsibilities. The dynamic environment of organizations has made reporting and businesses processes more complex making Management Assurance integral, to ensure best practices are implemented and followed.

We provide assurance services both to regulators and to managements’ to enable our clients to ensure adherence to best practices and comply with the regulatory requirements. We are committed to the highest professional ethics, standards, and principles.

The Regulatory framework in India, coupled with a dynamic business environment has caused the role of an auditor to become vital.

In India, there co-exist a number of special diversified corporate and non corporate entities such as sole proprietorship, partnership firm, LLP, AOP, BOI, trust, non-profit organization, co-operative societies, and charitable, educational and religious institutions. All these organizations are regulated under various statutory enactments, which require financial assurance and certification.

In such an environment of competitive pressures and increased attention to Corporate Governance the importance of Statutory Assurance is has enhanced.

Our team is insightful to the needs of such organizations and uses its expertise ensuring adherence with the provisions of applicable laws and their certifications.