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auditing firm in india


S.P. Chopra & Co. is a specialist services firm set up in 1949; Rating amongst the leading 20
companies in India, has 11 full-time partners and staff stamina of over 100 and also
workplaces in New Delhi, Mumbai, Canada and also Dubai.
Our firm supplies Bookkeeping, Assurance and also Working as a consultant as its core
company lines for domestic as well as global companies of medium to plus size. The firm has
involved a panel of specialists and also supplies end to finish solutions for Firm Regulation
Matters, IFRS Convergence, Transfer Purchase, risk and pricing Advisory.
WHY PARTNER WITH United States
With its 11 full-time partners, the company has a combined expert experience of over 100
years. Our partners are DISA certified, hold IFRS certificate issued by the Institute of
Chartered Accountants of India.
Over 100 professionals used by the company, with over 10 very specialized professionals on
the advising panel.
Going office located in Connaught Location - the most prime company area of the Capital city
of India with a carpeting location of 3000 sq. feet. assisted by a top quality infrastructure and
modern facilities.
Worldwide reach with our branch workplaces situated in Ontario, Canada, Dubai, Punjab as
well as Uttar Pradesh and also through our independent organization throughout the Globe.
Recognized as a Quality company on the worldwide sector based upon Peer Review carried
out by both ICAI as well as International Peer Testimonial Committee.
Computer system Assisted Bookkeeping method sustained by advanced machines, web
servers and also related software used for conducting audits as well as everyday workplace
administration.
Then this post can aid you, if you are looking for best auditing company in india OUR
INTERNATIONAL ORGANIZATION
PrimeGlobal is the 3rd largest organization of independent bookkeeping companies
worldwide; including over 320 very successful independent public bookkeeping firms in 87
countries. PrimeGlobal offers its independent member firms with tools and also resources to
assist them equip remarkable bookkeeping, bookkeeping, tax obligation as well as
management services to customers around the globe.

OUR EMPANELMENTS
Given that 1970, SPC has actually been empanelled on the RBI's listing of Auditors that can
carry out the main of Public Banks in India. We have actually performed legal audit of
virtually all the big Public Banks, by rotation, and also personal banks
Since 1956, SPC has been empanelled on the CAG's checklist of Auditors for audit of huge
Public Industry Undertakings (PSUs). Firm has audit experience of even more compared to

100 PSUs.
SPC has actually been empanelled on the United Nation's considering that 2008 for NEX/
NIM Audit and also HACT analysis. Firm has performed Audit of greater than 120 UN firms
given that 2008.
Because 2011, SPC has actually been empanelled on the RAA's list of Auditors that could
perform the audit of firms in Bhutan
Our Methodology and also Technique
We make use of a risk-based method to recognize the clients company, its setting, as well as
its sector. The audit group preliminarily determines the locations where the threat of material
misstatements if any in the monetary declarations exists.
Interior controls
Making use of a structured strategy, we review controls in order to evaluate the threat of
significant misstatement for each audit goal. For audit goals where we plan to count on
controls to modify the nature, timing, and degree of our substantive treatments
We examine pick audit purposes making use of substantive analytical treatments,
examinations of details, or a combo of both, along with substantive procedures routed
towards any scams risk which we have identified. In developing our substantive audit
procedures, we consider the characteristics of the course of purchase, account balance, or
disclosure; our analysis of the threats of product misstatement recognized throughout
preparing; and also the efficiency of controls over these dangers
We review the monetary statements and figure out whether the audit evidence obtained for
each and every audit objective lowers the risk of material misstatements in the financial
statements to an acceptably reduced degree. Our audit point of view is based upon a
testimonial of the last economic declarations as well as an evaluation of all audit evidence
based on suitable bookkeeping specifications

IFRS CONVERGENCE AND ALSO COVERAGE


India has actually set a roadmap for convergence with International Financial Reporting
Standards (IFRS) commencing from 1 April, 2011. The merging with IFRS requirements is
set to transform the landscape for financial reporting in India. IFRS stands for the most
typically accepted worldwide accountancy framework as it has been embraced by more than
100 nations and bookkeeping bodies throughout the globe are straightening their existing
accountancy requirements and/or issuing new bookkeeping requirements to adjust with
IFRS.
Finance Professionals not already aware of the Principle of IFRS will be faced with the
difficulty of developing a functioning knowledge of IFRS as promptly as possible. India being
just one of the key global games, migration to IFRS will enable Indian bodies to have
accessibility to global capital markets without having to go with the cumbersome conversion
and declaring process. It will certainly decrease the cost of elevating funds, reduce
accounting professionals' fees and allow much faster accessibility to all significant capital

markets.
How SPC is taking strides in IFRS merging
At SPC, we track the growths of IFRS worldwide as well as how India gears up for its shift. It
is our undertaking to provide our customers with insights on emerging trends, issues on
change to IFRS as well as its implementation. Our team of elderly partners has gone through
substantial training to understand the finer subtleties of the IFRS execution in India.
Our firm is actively recommending its existing clients on the roadmap for the IFRS
implementation and additionally seeking brand-new assignments for IFRS execution and
convergence advisory.