At MBRK, we are dedicated to delivering exceptional audit and assurance services that ensure transparency, compliance, and financial integrity. Our approach is rooted in independence, professionalism, and technical excellence, ensuring that our clients receive a thorough and objective evaluation of their financial reporting and internal controls.
Our audit and assurance services are designed to help businesses enhance their financial credibility, comply with regulatory requirements, and mitigate risks effectively. We go beyond traditional auditing by leveraging customized methodologies, data-driven insights, and industry best practices.
Our Approach to Audit & Assurance:
- Independence & Objectivity: Maintaining strict professional independence in all engagements.
- Business-Centric Analysis: Understanding the client’s business environment and industry landscape.
- Risk-Based Methodology: Identifying key risks and addressing them proactively.
- Technology-Driven Auditing: Utilizing advanced analytics and digital tools for precise auditing.
- Compliance & Best Practices: Aligning with the latest regulatory standards, guidance notes, and circulars.
Statutory Audit
MBRK conducts Statutory Audits for public and private companies, banks, financial institutions, public sector undertakings (PSUs), firms, and sole proprietors. These audits provide stakeholders with reasonable assurance that financial statements comply with Generally Accepted Accounting Principles (GAAP) and Standards on Auditing (SAs) and are free from material misstatements.
Key Focus Areas:
- Risk-Based Audit Programs & Sampling Techniques
- Materiality-Based Audit Approach
- Primary Auditing & Cross-Verification
- Adherence to Indian Accounting Standards (Ind AS)
- Utilization of Analytical & Statistical Tools
- Effective Communication with Clients & Stakeholders
Our statutory audit procedures ensure full compliance with the Companies Act, 2013, and other applicable statutory requirements, covering all types of organizations, from government-owned enterprises to private corporations.
Tax Audits:
Tax Audits are conducted to ensure compliance with the Income Tax Act, 1961, and provide an opinion on financial details submitted by an assessee. We help businesses accurately assess tax liabilities, minimize tax risks, and optimize deductions and allowances.
Our Expertise in Tax Audits:
- Thorough evaluation of income, expenses, and deductions
- Review of disallowances and tax implications
- Ensuring compliance with the latest amendments and circulars issued by CBDT
- Advisory on Tax Planning & Risk Mitigation
- Preparation and filing of Form 3CD and other statutory requirements
We assist corporations, private firms, and other entities in aligning their tax compliance with evolving tax regulations, reducing risks, and maximizing tax benefits.
Specialized Audits
Apart from statutory and tax audits, MBRK offers specialized audit services to cater to the evolving needs of businesses. Our diverse expertise ensures that organizations comply with regulatory frameworks while enhancing operational efficiency and risk management.
Internal Audit
We conduct risk-based Internal Audits to evaluate business processes, internal controls, and governance structures. Our insights help organizations strengthen their financial management and compliance frameworks.
Management Audit:
Our Management Audits focus on assessing operational efficiency, resource utilization, and strategic decision-making processes. We provide actionable recommendations for improving business performance.
Forensic & Information Systems Audit:
With certified professionals in DISA and FAFD, we specialize in forensic audits that help detect fraud, financial irregularities, and cyber risks. Information Systems Audits ensure robust IT governance and cybersecurity compliance.
Compliance Audits:
We help organizations stay compliant with sector-specific regulations, corporate laws, and governance codes through in-depth Compliance Audits.
Environmental & Sustainability Audits:
Our Environmental Audits help businesses assess their sustainability impact, optimize resource utilization, and comply with environmental regulations.
Value Proposition of Our Audit & Assurance Services:
- Enhanced Financial Transparency – Ensuring accurate financial reporting and governance.
- Regulatory Compliance – Aligning with national and international financial standards.
- Risk Mitigation – Identifying and mitigating financial and operational risks.
- Operational Efficiency – Optimizing business processes for improved financial performance.
- Stakeholder Confidence – Strengthening investor and stakeholder trust through reliable audits.
At MBRK, we are committed to delivering audit and assurance services that empower businesses with financial clarity and strategic insights. Our goal is to help organizations navigate regulatory complexities while achieving operational excellence.