Welcome to Radiwis Consulting

Audit & Assurance

Audits play a critical role in creating and maintaining investor confidence and can unlock valuable insights into the business. We have more than 10 years of experience in conducting audits of Automobiles, Telecom, Hospitals, Banking & Finance, IT Companies, Food Processing, Healthcare, Education & executing projects across diverse industries.

We provide assurance through investigation and special audits as required by the management, quality control audits including business process consultancy, and preparation of budgetary control system including feasibility analysis.

We have a network of auditors providing comprehensive audit and assurance services designed to enhance the effectiveness of internal controls of the enterprise and boost investor confidence.

Types of Audit

1. Statutory Audit

Statutory Auditors are a part of the external audit process is focused on the various financial accounts or risks associated with the domain of finance and are appointed by the shareholders of the company.

It is required to be conducted by every person whose sales/turnover exceeds Rs. 1 Crore and in case of person carrying on Profession his gross receipt exceeds Rs. 50 Lakhs.

It is required to be conducted by Registered persons with an aggregate turnover exceeding the prescribed GST audit limit of Rs 2 Crore during a financial year are liable for GST Audit. These persons must get their accounts audited by a Chartered Accountant or a Cost Accountant.

It is an audits of both financial and non-financial nature within a wide of areas of operation in a business, as that are directed by the annual audit plan. Internal audit looks at main risks facing the business and what action is being taken to manage those risks in an effective manner, to help the organization achieve its various objectives.

It is an assessment and effective implementation of Standard operating Procedure/policies adopted by management for smooth functioning of Organization. We have team of professionals who are expert in this field and can help you in assessment and effective implementation of Standard operating Procedure/policies.

It is an independent and comprehensive process of reviewing a person's or the company's financial statements to determine if they are accurate and whether or not any financial benefit has been attained by way of fraud or illegal activity.