Audit & Assurance

Our audit and assurance team is providing a wide range of solutions to our clients which are inclusive of high quality, innovative, and cost effective features.

The audit and assurance team at BGMG consists of specialists who have decades of experience in client and project handling from various industries. The specialists of particular field are dedicated to providing the appropriate and right solutions with the extensive knowledge and understanding of the particular field, market trends, and regulations. We understand your problems and current scenarios, we respect your privacy and thus craft the solutions based on the situations and your requirements to serve you value in the services.

BMGM’s Audit And Advisory Services

Tax Audit- 

The main purpose of a tax audit is verification of account books of the taxpayer and making sure all the compliances made mandatory by Income Tax Laws are met. We conduct tax audits according to the laws and notify the taxpayer through relevant disclosures of information in a specific format.

Statutory Audit-

A statutory audit is completed by following the rules and guidelines laid down by the ICAI. We make sure that the financial statements represent the fair and true picture of the process of the organisation.

Internal Audit – 

Internal audit is done to improve the overall efficiency of the company by evaluating corporate governance, internal controls and accounting processes.

Cost Reduction Audit –

Cost effective measures are suggested by doing audit of business processes, operations and transactions and identifying loopholes.

Forensic Audit –

Forensic audit helps in detecting and mitigating any chances of fraud or misuse of funds or resources.

Review of Financial Statements –

Making sure the financial statements are in accordance with Indian US GAAP, GAAP, IFRS and J GAAP.

Revenue Audit – 

It is a two-tier process that identifies the information and figures provided in the tax returns to match with the data present in the business record of the company.

Management Audit – 

Management audit is done by working closely with the people at the management level wherein we inspect specific operational management functions like sales, purchases, fixed assets, inventory, acquisitions, mergers etc. to improve the overall efficiency.

Preparation and Implementation of Policies, SOPS, BPN, RCM –

We provide assistance in preparing Business Process Notes (BPN), Standard Operating Procedures (SOP), Risk Control Matrix (RCM) etc.

IPO Advisory –  

Our experienced team can assist clients in preparing Internal Public Offering (IPO), restatements, related financial information and other related topics.

Audit support –  

We also provide our assistance in audit process hence improving the overall efficiency. We can do it along with the existing teams or on our own. We have a team consisting of experts from multiple domains who offer unparalleled support to auditors.