Corporate audit is an independent function that provides senior management and the Audit Committee with objective assessments of the adequacy and effectiveness of the company’s internal control system.

Auditing services help companies ensure their accounting records are an accurate representation of the transactions that they have made. Auditing services assist companies with constructing compliant financial statements and communication with banks, investors/shareholders, and other financial partners that their finances are in order. Auditing services are most commonly implemented in a company’s finance and accounting departments. Auditing services can often be supplemented by financial consulting providers, bookkeeping services providers, and tax services providers.

To qualify for inclusion in the Auditing Services category, a services provider must:

• Perform analytical procedures on expected or unexpected variances in account balances or classes of transactions
• Communicate with management and gain an understanding of the organization, its operations, financial reporting, and known fraud or error
• Confirm accounts receivable and other accounts with a third party
• Construct compliant financial statements and communication with banks, investors/shareholders, and other financial partners

RatifyMe provides Auditing services to Small Scale and Medium Scale Companies. Startup companies are looking for such services where they are not aware about all the regulations as per Indian Law.