Broadly, Audit involves the following:
       -  Indepth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.
-  Ensuring compliance with policies, procedures and statutes.
-  Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards/IFRS.
-  Checking the genuineness of the expenses booked in accounts. 
-  Reporting inefficiencies at any operational level. 
-  Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
-  Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account. 
-  Issue of Audit Reports under various laws.