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Updated on 20 Sep 2021 9.00 AM IST | 4 min read
What is Internal Audit?
Internal audit is an audit conducted by the internal auditors of the company or outsourced to some other company to examine that they are following the specified rules & regulations. Internal auditors are generally appointed by the management and they submit their audit reports to the company itself. Internal audit is done to review the effectiveness of risk management, control & governance processes. It is mainly done to analyze the organization business processes. Internal audit plays an important role in improving the organization. It is also done to prevent the businesses from fraud and for the continuous smooth functioning of the organization. It is a need of management but it is not a legal requirement.
Finacbooks helps by giving the internal audit service to various businesses and complete it in duration of few days. Our internal audit team works closely with the internal audit directors and audit committee to provide them quality internal audit service. They also help you in identifying new business opportunities and enhance your organizational value.
What Is Included In Our Package?
Internal Audit Service
- Internal audit consulting
- Outsourcing, Co-sourcing internal audit service
Benefits of Internal Audit Services
How Finacbooks Can Help?
Finacbooks is one of the leading Indian firms with more than 10 years of experience in helping public limited or private limited companies with internal audit service. We supports you in designing, executing & advising on the use of enterprising risk management, how to deploy continuous auditing and monitoring techniques as well as advice you in fulfilling the social responsibility & climate change reporting too. To avail the best deals on internal audit service, kindly call us at 8800221252 or you can also e-mail us at firstname.lastname@example.org
Internal Audit FAQ’S
- To Analyze the organization business processes
- To improving the organization
- To prevent business from fraud & other illegal activities
- To run the organization smoothly.
- To review the effectiveness of risk management, control & governance processes.
- To identify business opportunities
- To enhance your organizational value.
Latest News & Updates
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GSTR-7 Summary of Tax Deducted at Source (TDS) and deposited under GST lawsSep 10th ,2021
GSTR-8 Summary of Tax Collected at Source (TCS) by e-commerce operators under GST lawsSep 10th ,2021
GSTR 1 for Aug 2021 (turnover more than INR. 1.50 Crore)Sep 11th ,2021
GSTR-6 Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributor (ISD)Sep 13th ,2021
GSTR-3B is a summary return to be filed by all taxpayers except those registered under the composition scheme, every month. However, from 1st January 2021, there is also quarterly filing option provided to taxpayers with annual aggregate tunrover of up to Rs.5 crore, opting for the QRMP scheme for Aug Month. (Aggregate turnover exceeding Rs.5 crore in the previous financial year)Sep 20th ,2021
GSTR-3B is a summary return to be filed by all taxpayers except those registered under the composition scheme, every month. However, from 1st January 2021, there is also quarterly filing option provided to taxpayers with annual aggregate tunrover of up to Rs.5 crore, not opting for the QRMP scheme for Aug Month. (Aggregate turnover up to Rs.5 crore in the previous financial year)Sep 20th ,2021