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Top 10 Auditors in chennai

Audit Excellence Guide to Effective Financial Oversight

Auditors play a crucial role in ensuring the accuracy, reliability, and integrity of financial information. Their responsibilities and the nature of their work have evolved significantly over time. Here is an overview of what auditors do, their types, and their importance in the modern world.

What Auditors Do

1. Examine Financial Statements

In order to make sure financial statements are correct and adhere to accounting rules and laws, auditors examine and evaluate them. They check balance sheets, income statements, and cash flow statements for accuracy.

2. Evaluate Internal Controls

Auditors assess how well an organization’s internal controls—procedures meant to protect assets, stop fraud, and guarantee the accuracy and dependability of financial reporting are working.

3. Detect and Prevent Fraud

Through the identification of anomalies, disparities, and other risk areas in financial records and activities, auditors play a crucial role in the detection and prevention of fraud.

4. Provide Assurance

By conducting thorough audits, auditors provide assurance to stakeholders, including investors, creditors, and regulatory bodies, that the financial statements present a true and fair view of the organization’s financial position.

5. Compliance Checks

Auditors make sure that companies abide by applicable laws, rules, and guidelines, including International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP).

6. Advisory Services

Many auditors offer advising services in addition to audits to assist firms in strengthening their risk management plans, financial controls, and procedures.

Types of Auditors

1. External Auditors

Independent experts known as external auditors examine an organization’s financial statements. Usually, audit firms hire them, and they don’t work for the company they audit. Their main mission is to offer an unbiased evaluation of the financial statements.

2. Internal Auditors

Employees of the company they audit are internal auditors. They concentrate on evaluating the efficacy of governance, risk management procedures, and internal controls. Internal auditors offer suggestions for enhancing processes and guaranteeing adherence to regulations.

3. Government Auditors

Government auditors audit departments, agencies, and programs when employed by governmental organizations. They guarantee that public monies are utilized effectively and compliantly with legal and regulatory requirements.

4. Forensic Auditors

Financial crime investigations, including fraud, embezzlement, and money laundering, are the focus of forensic auditors. They could offer expert testimony in court and frequently collaborate closely with law enforcement.

5. IT Auditors

IT auditors focus on the controls and security of information technology systems. They ensure that data integrity, security protocols, and IT governance are maintained.

FAQS

1. Which auditors are at the top?

The Big Four are Deloitte, EY, KPMG, and PwC, the four biggest professional services networks in the world. Based on revenue, these are the top four accounting networks in the world.

2. What is the auditor’s salary in Chennai?

An auditor in the Chennai region makes an estimated ₹12, 00, 000 in total compensation annually, with an average income of ₹9, 00,000.

3. Who is the auditor’s father?

Sawyer, who is regarded by many as “the father of modern internal auditing,” is recognized for having had the insight to move the field of internal auditing away from activity-level auditing and establish numerous other opportunities for the profession to provide value.

4. Who is India’s auditor at the moment?

India’s Comptroller and Auditor General, Girish Chandra Murmu
Since August 8, 2020, Girish Chandra Murmu, IAS, has been the incumbent. He reports to the President of India and resides in New Delhi.

5. Who was the Adani group’s auditor?

NFRA S R Batliboi is currently auditing five of Adani’s listed companies: Adani Power, Adani Green Energy, Adani Wilmar, and the recently acquired cement companies ACC and Ambuja Cements. Adani Group’s long standing auditor EY is under investigation.

Best Auditors in Chennai

1. Srinithi Tax Consultancy

Srinithi Tax Consultancy

A competent company, Srinithi Tax Consultancy offers both individuals and corporations a variety of financial and tax services.

Address: No.94, 80 Feet Road, Kumaran Nagar, Chennai, LandMark – Kumaran Nagar Post Office, Chennai, Tamil Nadu 600082

Phone: 09444440586

Hours: 9:30 am–9:30 pm

Rating: 4.5

2. Kanakkupillai

Kanakkupillai is a well-known internet platform that offers extensive commercial services and is run by Govche India Private Limited.The Company provides more than 300 services, such as corporate compliance, tax audits, bookkeeping, and accounting. They are renowned for their fair prices, prompt service, and excellent client satisfaction.

Address: No.13/22, 1st & 2nd Floor, W Karikalan St, Adambakkam, Chennai, Tamil Nadu 600088

Phone: 073053 45345

Hours: 9 am–9 pm

Rating: 4.8

3. CV Associates Tax consultant

CV Associates Tax consultant

The term “CV Associates Tax Consultant” seems to designate a professional services organization or tax consulting business that offers tax-related guidance and services. Although there isn’t a single well-known company with this name that is well-known throughout the world, it can be the name of a small or regional tax consultancy business.

Address: 18, Venkatesa St, Ram Nagar South Extension, Balaji nagar, Pallikaranai, Chennai, Tamil Nadu 600100

Phone: 094880 13833

Hours: 9:30 am–8 pm

Rating: 4.9

4. RN Associates: Best Chartered

RN Associates: Best Chartered” appears to be a reference to a company that offers chartered accountancy services, most likely with an emphasis on advising, auditing, and financial services. I don’t have any precise information on RN Associates as of my most recent update. I can, however, give a broad summary of the services and characteristics that set a premier chartered accountancy firm apart

Address: No 2/48, 2nd Floor, Balamurgan Kovil, 2nd Street, Porur, Chennai, Tamil Nadu 600116

Phone: 099625 78696

Hours: 10 am–6 pm

Rating: 4.9

5. Expert Point

Their offerings include business registration, tax compliance, legal services, accounting, payroll, digital marketing, IT support, and wealth management.

Address: Bhuvaneshwari Complex, 2nd Floor New No.4, Old, 19, Dr Thomas Rd, T. Nagar, Chennai, Tamil Nadu 600017

Phone: 095495 49090

Hours: 9 am–7 pm

Rating: 4.9

6. Brahmayya & Co

In India, Brahmayya & Co. is a reputable chartered accounting business with a long history in the auditing and consulting industries. Due Diligence Reviews, Statutory Audits, Internal Audits, Tax Audits, and Management Audits are the services.

Address: 48, Masilamani Rd, Balaji Nagar, Royapettah, Chennai, Tamil Nadu 600014

Phone: 044 2813 1128

Hours: 9:30 am–7 pm

Rating: 4.8

7. Sriram Karthick & Associates

Sriram Karthick & Associates

A group of energetic young chartered accountants founded Sriram Karthick & Associates, an audit firm, with the goal of offering cutting-edge services to the corporate community. We think that the best quality work should be delivered on time to increase the value of the deliverable.

Address: Plot No. 8/4 Third Cross Street, Nehru Nagar 2nd Main Rd, Nehru Nagar, Perungudi, Chennai, Tamil Nadu 600096

Phone: 072004 83983

Hours: 9 am–5 pm

Rating: 5.0

8. A. JOHN MORIS & CO - CHARTERED ACCOUNTANTS

As of my most recent assessment, A. John Moris & Co. does not seem to be a well-known or well-respected firm in the chartered accountancy industry. It could be a smaller, regional business, or it could operate in a particular region or under a different name that isn’t well-documented in publicly accessible sources.

Address: 5, Lakshmipuram 1st Street Deivasigamani Road Royapettah, opp. to AIDMK Office, Chennai, Tamil Nadu 600014.

Phone: 044 2811 6003

Hours: 10 am–7 pm

Rating: 4.7

9. GAYATHRI TAX CONSULTANT Pvt LTD

GAYATHRI TAX CONSULTANT Pvt LTD

An expert income tax consultant in Chennai, Gayathri Tax Consultants Accountant Private Limited offers a variety of services to assist companies of all sizes in meeting their tax obligations, including income tax consultation, accounting services, tax preparation, auditor services, company registration, trademark registration, GST registration, and ITR filing services.

Address: 6/18, 5th Street Shanthi Colony, A J Block, Anna Nagar West, Anna Nagar, Chennai, Tamil Nadu 600040

Phone: 095515 50000

Hours: 9:30 am–6:30 pm

Rating: 4.5

10. Tax Market

Tax Market is an accounting firm located in Chennai that was founded in 2017. It provides a variety of services, such as tax consultation, startup consulting, and internal audits. Their group of certified public accountants and auditors assists companies in streamlining processes and navigating intricate financial matters.

Address: 1st floor, AE Block, 7th Street, 1st St, Anna Nagar, Chennai, Tamil Nadu 600040

Phone: 097100 07514

Hours: 9:30 am–5 pm

Rating: 5.0

Conclusion

In conclusion, auditors are essential for maintaining the integrity and reliability of financial information. Their work supports effective governance, compliance, risk management, and operational efficiency, making them indispensable to the financial health of organizations and the broader economy.

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