Looking For Auditing And Assurance Services In India?

There are numerous businesses and organizations have never gone through an audit. Also, the companies who are about to go public through an initial public offering (IPOs) must get their audit done. In such circumstances, auditors or audit service firms need plenty of information. Therefore, it is better to get ready and prepared previously with all the essential data and information instead of running from pillar to post later. For your help, we have listed some key things which you might need if you are getting your companys first initial audit done.
 
General Ledger 
 

Most of the business or organizations use QuickBooks, which are software solutions and mainly designed to manage inventory, payroll, sales and other needs of a company. You can without much of hassle export your general ledger to Excel or can send a backup copy of your QuickBooks to the auditor or an Audit Firm in Pune It is going to provide your auditor a crystal clear indication of the amount of activity they need to audit.
 

Trial Balance
 

A trial balance is refers as A statement of all debits and credits in a double-entry account book at the end of the accounting period, with any disagreement indicating an error. This is a is maintained to make sure that there are no unbalanced entries left in the system of accounting. Remember, all of the numbers in your financial statements or  are traced back to the trial balance. Many auditors prefer to get it in Excel because they can copy it directly into the trial balance part of their electronic workpaper software.

Address

Sachin Gujar & Associates,
Chartered Accountants
47/22, Erandwana, Law College Road,
Ekta Apts, 3rd Floor, Above Nirmitee Furniture,
Pune - 411004

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