AUDIT & ASSURANCE

• REGULATORY COMPLIANCE SERVICES: Our team of experienced compliance specialists provide high-quality and cost-effective services to help organizations manage regulatory risks. We assist to ensure that you identify, manage and control any existing and future regulatory risks. Our people work at the strategic level to maximize any competitive advantages from regulation, through to the operational level to minimize the costs and disruptions to your business, freeing up management time in the process. We believe in a proactive rather than a monitoring approach to regulation.
• FINANCIAL STATEMENT AUDIT: A financial statement audit provides the highest level of assurance of a company's financial statements. It is the process of official financial investigation to know about the actual status of "financial statements," to ensure whether they are asserted as per the specific norms of international accounting standards. Our team of audit partners and managers is experienced with small, mid-size and large, family-owned businesses, growing companies, and start-up enterprises. Each audit engagement is customized to our client’s needs to build trust and confidence through clarity, consistency and transparency.
• INTERNAL AUDIT: The firm can assist organizations in improving their internal function by measuring the effectiveness of existing processes and advising on the development of enhanced methodologies. Our Internal audit team is not just a policing body but focuses to add value to the business with effective controls at an optimum cost. Our risk-based internal audit plans are designed to focus on critical areas to enhance internal controls, improve processes, and help clients achieve wider assurance, cost-effectively.
• INFORMATION TECHNOLOGY AUDIT: An Information Technology (IT) audit is an audit of an organisation's IT systems, management, operations and related processes. The advent of new technology waves like big data, cloud technology and social media, an IT audit becomes in-evitable. Information Technology (IT) is becoming increasingly important to the business strategy, operations and internal audit of most organizations today. An increased dependency on technology to deliver meaningful benefits to an organization can raise additional issues of security, integrity and control. Information Systems Audit gives assurance that the IT systems are adequately protected, provide reliable information to users, and are properly managed to achieve their intended benefits.
• PERFORMANCE & PROPRIETARY AUDIT: Performance Audit is carried out to check whether corporate plans are effectively executed and the reasons for variances in actual performance and planned performance. It also investigates if the capital resources of the company are properly utilized or not. Proprietary audit concerns the decisions of a company's executives, with an emphasis on public interest and financial discipline, to get audit satisfaction that such decisions are within the frame-work of sanction, authority, rule, procedure and law made by a competent body, and to advise the executives either in preventing or reducing losses and increasing productivity or improving performance by timely reporting. Our expert Team undertakes proprietary audits with a focus on whether executive plans and action are correctly implemented, financial prudence, public interest and prevention of wasteful expenditure.
• COMPLIANCE DIAGNOSTICS: Today's Businesses have several compliance reporting requirements. With regard to accounting, compliance means making sure that a company's financial matters are being handled in accordance with laws and regulations. At any point in time, a corporation should be able to provide accurate information about its accounts to its shareholders or to regulating authorities. We believe that businesses make better decisions when they have access to financial information that is accurate, suitably tailored and delivered on a timely basis. P. Pattabiramen & Co brings together experienced resources from relevant areas to address our clients' tax and statutory accounting compliance and reporting requirements. Our experienced compliance team is focused on ensuring that our clients receive accurate, high quality financial reporting.
• RISK ASSURANCE SERVICE: 

  Risk management works through a framework that provides the organization an effective process and methods to follow to achieve the desired results of the organization. Risk assessment helps you identify the potential problems with your organizations information, resources and operations.

  Fine tuning of the risk management systems assist in increasing productivity and achievement of Organizational goals. Further, it helps the organization to become familiar with the operations thereby, saving time, energy and resources.

  The risk management and control systems are designed to ensure that the business is focused on achieving its objectives and Risk assurance services facilitate identification of the significant risks and mitigating them, to the extent possible.