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We at S.H. Bhandari & Co believe that phenomenal benefits can arise from an annual audit. We are able to adapt our accounting and audit procedures to fit the individual needs of our clients, rather than sticking to one process. Our firm operates with all major software packages to match and adapt our technical processes with your requirements.

Auditing is not a single discipline. We also provide many specialist audits including:
Internal Audit
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

The role of internal audit is evolving due to economic conditions, increased globalization, and new and emerging risks. Internal auditors can shift their focus to address these concerns - and in the process, increase their strategic value to the organization.

Management Audit
Management Auditing is a detailed audit that concentrates on analysis and evaluation of management procedures and the overall performance of an organization. It is undertaken to discover the weaknesses and to implement improvements within the organization.

Our aim is to ensure that your management derives optimum value from the process in a very practical manner. Our people are able to support your in-house teams in a manner that mirrors your structure. Our ultimate aim is not only to guarantee that you meet the statutory requirements, but to ensure that your business can achieve its best performance in an ever competitive environment.

Proprietary & Investigative Audit
Proprietary & Investigative Auditing covers all aspects of safeguarding of assets, use of business funds and recording of transactions. It is used to detect and quantify fraud, money laundering and terror financing. We ensure that the company funds are protected in the public interest. We aid you in the proper use of fixed assets and its safeguard and prevent misuse of funds and check transaction recording.

Statutory Audit
Statutory Audit is checking of accounts required by law. It is done by chartered Accountants, to verify the financial statement's fairness and it is done annually. It ensures that, to the best knowledge of the auditors, financial statements are free from any misrepresentations and frauds.

We are a trusted name in statutory auditing. We have some of the best auditing professionals with experience in handing audits for banks, corporate, PSU’s and NGO’s.

Systems Audit
We are equipped with experienced professionals for conducting Systems Audit.  It is used to access the internal control system of an organization, it is possible to assess the quality of the accounting system and the level of testing required from the financial statements. One shortcoming of systems audit is that it does not consider audit risk. Consequently, risk-based audit is now considered more effective.
 

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