Finance & Accounting
Review and closure of nonconformities

Finance & Accounting

Review and closure of nonconformities

Do you face these challenges?

We will do the comprehensive and systematic review of the Company Policies and the effective implementation of the same. A detailed study into the various compliances relating to statutes of Provident Fund, Employee St ate Insurance, Profession Tax, Income Tax and Labour/Factories Act.

  • Company policies are in line with the Statutes
  • Complying with different regulations
  • Proper maintenance of files/records
  • Identification of gaps or lapses and their regulation
Company policies are in line with the Statutes
    The Audit team will study the company policies with relevance to the various laws and regulations.
    The laws covered will be -
  • Employees Provident Fund Act(EPF)
  • Employee State Insurance (ESI)
  • Profession Tax
  • Income Tax
  • Karnataka Shops & Commercial Establishment Act
  • Factories Act
Complying with different regulations
  • The Audit team will study the documents relating to the aspects of monthly remittances and preparation and filing of monthly/quarterly/half yearly and annual returns
Proper maintenance of files/records
  • Review of files and records
  • Ensure the availability of original remittance challans
  • Ensure the availability of acknowledgement copies of returns
  • Documents relating to the assessment/scrutiny/notices by the Department
  • Display of Abstracts and Notices
Identification of gaps or lapses and their regulation
  • Detailed report on the gaps found during the Audit.
  • Suggestions to comply with the nonconformities