Audit & Assurance

We provide audit & assurance services both to regulators and to managements to enable our clients to ensure adherence to best practices and comply with the regulatory requirements. We are committed to the highest professional ethics, standards, and principles.

Statutory Audits

Statutory Audits are conducted to report the state of company’s finances and accounts to the Government of India. At KMNC an elite team of qualified auditors are designated to do such audits. The audit reports are prepared strictly in accordance with the rules and regulations defined by the Government agencies.

Due Diligence

The financial due diligence process is one of the most crucial part of any transaction. KMNC holds an expertise and an established track record in this area. Our aim is to enable entrepreneurs and decision makers to make sound investment decisions with great confidence at every stage. We aim at eliminating the risk and potential flaws of investing at domestic and international locations.

Investigation/ Forensic Audit

An examination and evaluation of a firm’s or an individual’s financial information for the use as an evidence in the court of law. At KMNC we undertake financial investigations of misconduct, bribery and corruption; with the main focus on assessing the financial transactions, accounting irregularities, and regulatory and compliance issues on behalf of the public and closely held companies, private equity firms, government agencies, municipalities, NGOs and HNIs/ industries we serve. Our well trained and qualified subject matter experts handle such issues with great proficiency.


IFRS at present can be viewed as the most important initiative in the financial reporting standards at the global podium. Approximately 120 nations and reporting jurisdictions permits/ requires IFRS for domestic listed companies, while over 90 countries have fully conformed to IFRS as promulgated by the International Accounting Standards Board (IASB) and include a statement acknowledging such conformity in their audit reports. We have qualified and trained resources to assist in IFRS convergence, balancing both, the short term and the long term objectives of the businesses.

Stock Audit (Invenory Management)

Stock Audit is an area of specialization and core competence for KMNC. We are committed to provide unmatched Internal Audit Services because of our unparallel reach and all India network. Stocks and physical assets such as raw materials are critical real assets and needs systematized management. As a large number of companies are operating across the borders through multiple locations and channel partners, making asset management a challenge. We aim at delivering focused services to companies to keep their physical assets check intact.

Tax Audit

A Tax Audit involves an expression of the tax auditors’ opinion about truth and fairness of certain factual details, given by assessee to the Income Tax Authorities to enable an assessment of tax. KMNC provides tax audit service to our clients upholding the highest standards of auditing & accounting and providing a comprehensive tax audit report based on the statutory & regulatory requirements of the Income Tax Act.

Other Risk Management Services offered by us :

  • US GAAP Audits
  • Operational & Efficiency Audit
  • Management Audit
  • Cost Audit
  • System Audit
  • CSR Audit

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