AUDIT OF FINANCIAL STATEMENTS

At Dhhara we focuses on audits of financial statements, which are undertaken to form an independent opinion on the financial statements of a company.

Companies prepare their financial statements in accordance with a framework of generally accepted accounting principles (GAAP) relevant to their country, also referred to broadly as accounting standards or financial reporting standards. The fair presentation of those financial statements is evaluated by independent auditors using a framework of generally accepted auditing standards (GAAS) which set out requirements and guidance on how to conduct an audit, also referred to simply as auditing standards

We help to your financial statements present a true and fair view of the company’s financial position and performance. An audit opinion is issued as a result of this examination..

MANAGEMENT AUDITS

At Dhhara we emphasize and keenly follow the rapid change in the business environment is fuelled by political, economic, social, cultural and technological changes. Managements, of start-ups and mature organizations, need to recognize, adapt and change.

Management audits play a pivotal role in assisting the leadership to strengthen its processes. Our evolved methodologies not only provide qualitative assessments of risk that highlight fundamental causes of performance gaps, they also provide authentic and relevant solutions to prevent repeats. Our early warning reporting provides indicators of a probable fraud and accounting irregularities. All this helps to improve the profit earning-capacity for our clients.

Offerings:

  • Internal audit
  • Internal financial control
  • Process review
  • Standard operating procedures
  • Risk assessment

SPECIAL PURPOSE AUDITS

Market conditions are constantly changing and this in turn on various occasions restricts an organization’s ability to conduct business efficiently and effectively. The changing market conditions have not only propelled organizations to go above & beyond but also implement proactive structures that not only detects risk, but also enhances the strategic and operational foundations of one’s business.

We, at dhhara, understand this to the core and our collaborative approach makes us an extended arm to support management bandwidth. Our primary focus has always been to use our knowledge & experience to understand the needs of the client and provide simple yet intelligent solutions. Our flexibility & adaptability in difficult and complex situations has helped us surpass client’s expectations.

    Offerings:

  • Investigation Services
  • JV partner
  • Minority shareholders
  • Bankers / lenders
  • Fraud risk assessment
  • Accounting & Financial due diligence [Elaborated elsewhere]
  • Customised Management Services
  • CSR audit
  • Family office operations review
  • Franchisee/Royalty audit
  • Supervision & support services
  • Cost saving assignments
  • Investigation Services

Globalisation has increased competition and this has given rise to a fierce market place where organizations are constantly fighting each other to gain the upper hand. And whilst organizations focus on winning the race over their competition, the situation has also given rise to fraud and misconduct which may not only drain out significant financial resources from an organization but also damage reputations and put the overall public trust in the marketplace at risk.

Our experienced team of professionals have helped organizations, where their critical fact finding suggests a need, to conduct internal investigations or to examine allegations of wrongdoing.

Our eye for detail investigation has helped various organizations identify critical indicators and red flag areas for evidence gathering. Our ability to understand the mindset, go beyond & behind the reason for the fraud and employ investigation methodologies that are in sync with the legal strategy has helped organizations reduce the damage caused.

Fraud risk assessment

Having a reputation of integrity is crucial to safeguarding market confidence and public trust. Unfortunately, fraud and misconduct can seriously undermine such efforts, exposing an organisation to legal, regulatory, or reputational damage. Over the last 50 years, we have built a strong reputation of being able to successfully guide our clients out of various situations, particularly when the level of scrutiny is high and the margin for error is low.

Our ability to punch holes, identify vulnerable areas and provide a robust mitigation plan including insights on early indicators has been crucial for a number of our clients to avert any major crisis they face. Our focus has been to provide a strong safety net for preventing frauds by accurately mapping risk controls and gaps.

Customised Management Services

Time is the scarcest resource in any company today and the price of misused executive time is very high. The impact of always-on communications, the growing complexity of global organizations, and the pressures imposed by profound economic uncertainty have all added to a feeling among executives that there are simply not enough hours in the day to get things done.

Our focus has been to deep dive into our client’s business to understand what is a catalyst & what is being the obstacle to growth. Our customised special reviews / services are specifically designed to help free management’s time, for them to focus on their core competencies. Our single approach has been to help management gain confidence in its support systems.

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