
Audit and Assurance Services
Historically Patel & Gupta (“P&G”) strength was in accounting, auditing and related services. The audit clients of P&G today include corporates, banks, medium & small enterprises including family-owned businesses.
At P&G, we use a constructive approach in auditing. As a result of understanding the clients’ systems, procedures and practices, we often recommend an improvement for more efficient operation, stronger financial structure and improved accounting and administrative controls. Our philosophy and practice are to blend the technical, the practical and the business approach in each audit engagement.
P&G’s assignments also include investigations and financial reviews particularly of companies for mergers, takeovers and acquisitions.
P&G has considerable experience in auditing accounts of large private companies in manufacturing and service industries, Commercial Banks, Co-operative Sectors etc.
P&G also has vast and varied experience in concurrent audits and internal audits. Some of the sectors serviced are Bank Branches, Banking, Multilevel Marketing, Auto Distributor, Retail Stores, etc.
P&G Endeavour’s continuously to improve the quality of its audits. The mandatory two-tier review is one of the important features of P&G’s quality control procedures.
P&G has also conducted due diligence reviews for Indian clients proposing to acquire domestic businesses.
P&G undertakes the Tax audit of a significant number of clients along with the statutory audit. This offers a great synergy in the audit service and is a great value addition to the client during the completion of tax assessments and concerning tax advisory services in general.
P&G also undertakes compliance of various statutory requirements of clients under the company law (including company secretarial services), direct and indirect tax laws.