Audit & assurance services

AUDIT&ASSURANCE SERVICES

We provide a range of assurance and business services to a diverse client base ranging from small businesses & start-ups to substantial international groups. Our wide range of services is aimed at the financial stability of the clients and take care of the decision making abilities. The services we provide are in compliance with the legal environment.

INTERNAL AUDIT

Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. They ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.

STATUTORY AUDIT

Statutory Audits are audits mandated by a statute such as Companies Act 2013, RBI act 1934, Good& Services Tax Act 2017 and Income Tax 1961, etc.

SYSTEM AUDIT AND MANAGEMENT AUDIT

A system audit is a disciplined approach to evaluate and improve the effectiveness of a system. Audits are carried out in order to verify that the individual elements within the system are effective and suitable in achieving the stated objectives.

Management Audit is an assessment of methods and policies of an organization’s management in the administration and the use of resources, tactical and strategic planning, and employee and organizational improvement.

DUE DILIGENCE

Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into any agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations.

POST INVESTMENT – CASH BURN AUDIT FOR INVESTOR

Cash burn is a term categorically used where the cash flow from the business activities is negative rather than positive. Businesses, which have just commenced their operations, cannot manage to make a substantial revenue which can indemnify the expenses hence net cash inflow remains negative. Angel Investors invest in a start-up with an intention of earning a return and want to keep a check on the inflows and outflows of the newly started business.

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DVR MURTY & CO

DVR Murty & Co is a Chartered Accountancy firm established in 1998. We are located in Visakhapatnam & Bhubaneswar ( India ). We have a team of experienced professionals with multi-disciplinary experience and global exposure. We are dedicated to providing timely and quality services to our clients, both in India and abroad.