24/7 Support:
9999929584
Email Our Expert:
info@biraccounting.com
Find Our Location:
S-2/43, First Floor, Old Mahavir Nagar, Tilak Nagar, New Delhi.
Plan With Us
Procure-to-Pay (P2P) Services

Strengthen Financial Accuracy, Compliance & Internal Controls

At BIR Accounting & Advisory, our Statutory & Internal Audit support helps businesses maintain accurate financial records, strengthen internal controls, identify potential risks, and improve financial processes. We take a structured approach to reviewing financial information and business procedures, helping management gain greater confidence in their financial operations.

Our audit support is designed to provide clear insights while helping businesses improve transparency, accountability, and operational efficiency.

Improve Financial Accuracy
Review financial records and accounting processes to identify discrepancies and improve the reliability of financial information.
Strengthen Internal Controls
Evaluate existing controls and processes to identify gaps and opportunities for improvement.
Identify Financial Risks
Help identify potential financial, operational, and process-related risks before they become larger issues.
Improve Compliance
Support businesses in maintaining appropriate financial records and processes in line with applicable requirements.

Better Management Decisions

Provide clear audit observations and insights that can help management make informed decisions.

Our Audit Approach

A Structured Process for Effective Audit Support

We follow a systematic approach to understand your business, review relevant records, identify potential issues, and provide practical recommendations.

04 Steps Process
01
Understand & Plan
We understand your business operations, accounting processes, objectives, and areas requiring audit attention.
02
Review Financial Records
Our team reviews relevant financial records, transactions, supporting documentation, and accounting processes.
03
Evaluate Controls & Identify Risks
We assess internal controls and processes to identify discrepancies, weaknesses, inefficiencies, and potential risks.
04
Report & Recommend
We present key observations and practical recommendations to help improve financial controls, processes, and overall efficiency.
Our Statutory & Internal Audit Services

Comprehensive Audit Support for Your Business

Financial Record Review

Internal Control Review

Transaction Testing

Process & Compliance Review

Risk Assessment

Reconciliation Review

FAQs

Everything You Need to Know About Audit Support

What is the difference between statutory and internal audit?
A statutory audit is generally conducted to meet applicable legal or regulatory requirements, while an internal audit focuses on evaluating internal controls, processes, risks, and operational efficiency. The exact requirements depend on the organisation and applicable regulations.
What does an internal audit typically review?
An internal audit may review financial records, accounting processes, internal controls, transaction procedures, reconciliations, documentation, and areas of financial or operational risk.
Can BIR Accounting & Advisory help prepare records for an audit?
Yes. We can help organise accounting records, reconciliations, schedules, supporting documents, and other relevant financial information required for an audit.
How can an internal audit benefit my business?
An internal audit can help identify control weaknesses, financial discrepancies, process inefficiencies, and potential risks while providing recommendations for improvement.
How often should a business conduct an internal audit?
The appropriate frequency depends on the size, complexity, risk profile, and requirements of the business. Some organisations may benefit from periodic reviews, while others may require more frequent internal audit activities.

Main Services

Still Have Questions? Let’s Talk Today!

Start the conversation and discover how we can help.

24/7 Support:
+91 9999929584
+91 8826829584
Email Our Expert:
info@biraccounting.com
Find Our Location:
S-2/43, First Floor, Old Mahavir Nagar, Tilak Nagar, New Delhi.
Get in Touch With Us
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