ASSURANCE

---

At Goyal Varsha & Associates (GVA), our Audit & Assurance services go beyond just compliance — they are designed to add real value to your business. We conduct statutory audits, tax audits, internal audits, and special-purpose audits, focusing on accuracy, transparency, and regulatory adherence. Our audit approach is risk-based, structured, and tailored to suit your industry and operations. Whether you’re a private company, partnership firm, trust, NGO, or LLP, we help identify gaps in internal controls, improve financial reporting, and build stakeholder confidence. With a sharp eye for detail and strong professional skepticism, our experienced team ensures that your financial statements reflect a true and fair view, while also offering actionable insights to support business growth and governance. 

• Agreed-upon procedures are performed on financial information in line with SRS 4400 issued by ICAI.
• Procedures and tests are sufficiently detailed so as to be clear and unambiguous, and discussed and agreed in advance with the engaging parties so that the factual findings are useful to them and, depending upon the engagement, others to whom the report is made available.
• AUP Report does not express a conclusion, and therefore it is not an assurance engagement in the technical sense

• Testing of design and operative effectiveness of organisation’s process and entity level controls.
• Help organization transition to a process based approach for financial control compliance, identifying effective ways to appropriately reduce effort through better risk assessment, scoping, and the use of technology.
• Approach and methodology are oriented towards a consultative and collaborative model, bringing to the table a good understanding of your industry.
• Benefits of IFC include – Definition of clear accountability and Transparency, opportunities to plug leakages, streamlining & standardizing controls, and enhancing governance framework.

• Comprehensive evaluation of internal controls, internal systems, and internal processes in organizations and recommending areas for improvement.
• Vastly experienced audit professionals follow a risk-based approach that involves risk assessment of the entity’s business & its key business processes.
• Risk-based internal audit helps the risk management function of the entity by assuring the risk mitigation and provides assurance to the management that risk management processes are managing risks effectively, about the risk appetite.
• Approach comprises a completely independent process, and information technology (IT) internal audit sourcing capabilities that use industry-leading practices and deep technical and analytical skills related to core processes and related control assessments.

• Extensive experience in providing assurance services under various statutes across various industries for the past several decades.
• Assurance services involve carrying out Statutory and Tax Audits to ensure that financial statements present a true and fair view of financial positions and operational results by the guidelines issued by the regulator.
• Audit reports are prepared strictly by the rules and regulations defined by the Government agencies. The complete audit process is IT-enabled, and review and documentation are carried out through software.
• Continuous knowledge enhancement is ensured through internal publications, training, and seminars.