Assurance and Risk Advisory Services

Assurance and risk advisory services include layers of internal business processes and operations that comprise management and internal audit, inspection, compliance, financial control and security, internal risks and more. We identify, predict, prioritise, resolve, and mitigate emerging risks, threats, trends and market demands/requirements to increase the value of operations.

Statutory and Tax Audit:

At V2J, our auditees operate in diverse fields across different industries. To meet their needs we have the requisite infrastructure, professionals and experience to undertake any assignment in this area. Over the years we have gained extensive experience in the fields of Statutory, Branch, Concurrent, Inspection, Revenue, Expenditure, Management, Internal and Systems Audits of Public/Private Limited Companies, Banks, Public Sector Undertakings, Insurance Companies, Co-operative Societies, Trusts, Branch/Project/Liaison Offices of Foreign Companies, Non-Government Organizations etc. We at V2J offer our services regarding statutory audits under the provisions of the Income Tax Act, of 1961 and Statutory Audits under the GST Act, of 2017.

Management Assurance Services:

At V2J we have developed customised solutions for each of our clients, in the following areas:

Internal Audit Services

Risk Assessment & Internal Control

Review and evaluation of existing internal financial control system.
Evaluation of financial reporting risk
Identify deficiencies in the internal financial controls (IFC,s), if any
Provide recommendations to mitigate deficiencies identified during the review.
Develop & document IFC,s framework required for the clients ( Entity Level, IT and Process level controls.
Advise & assist management in replying to statutory auditors’ observations of IFC and suggested corrective action.