Ranka & Associates, Chartered Accountants

Ranka & Associates, Chartered AccountantsRanka & Associates, Chartered AccountantsRanka & Associates, Chartered Accountants

Ranka & Associates, Chartered Accountants

Ranka & Associates, Chartered AccountantsRanka & Associates, Chartered AccountantsRanka & Associates, Chartered Accountants
  • Home
  • About Us
    • Our Firm
    • Our Core Team
  • Our Services
    • Valuation and Financial
    • Audit and Assurance
    • CFO and HR Services
    • Income Tax
    • Risk Advisory Services
    • GST
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  • More
    • Home
    • About Us
      • Our Firm
      • Our Core Team
    • Our Services
      • Valuation and Financial
      • Audit and Assurance
      • CFO and HR Services
      • Income Tax
      • Risk Advisory Services
      • GST
    • Blog
    • Contact Us
  • Home
  • About Us
    • Our Firm
    • Our Core Team
  • Our Services
    • Valuation and Financial
    • Audit and Assurance
    • CFO and HR Services
    • Income Tax
    • Risk Advisory Services
    • GST
  • Blog
  • Contact Us

Effective Execution

Risk Advisory

Our Risk Advisory vertical focuses and helps organisation to add value, reduce costs and improve efficiency. Presently an internal audit is no longer limited to focusing on the processes and controls surrounding financial reporting. Internal audit now has a more strategic role. It can create value by identifying enterprise-wide risks, leveraging synergies, monitoring and providing early warning of new risks, and streamlining processes and efficiency.


Risk advisory encompasses:


  • Risk based internal audits.


  • Internal Financial controls implementation and review.


  • Fixed Assets / Inventory Management.


  • SOP development and its periodical reviews.


Further we provide a complete audit support to organizations where large accounting firms are auditors and thus in turn an audit together with routine activities of accounts and finance by client's team can be effectively managed simultaneously. It mainly includes following activities:


  • Reviewing TB, identifying issues and scrutinizing ledgers.


  • Based on analysis of BS/PL items, schedule preparation as required by Audit team.


  • Issues identified are discussed with Management and are given effect to Financial statements.


  • Compliance check with the legal framework for presentation of financial statements.


  • Complete support till the closure and sign-off on Financial statements.

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