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Statutory Audit, Tax audit
 
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Accounting standards
 
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Under the statute
 
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Ind AS guidelines
 
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Income Tax provisions
 
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Disclosures
 
 
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Internal Audit
 
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Evaluation of internal controls
 
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Corporate Governance
 
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Accounting processes
 
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Forensic Audit
 
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To detect, improve or mitigate chances of fraud or misappropriation of resources.
 
 
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Cost Control Audit
 
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Audit of business operations
 
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Processes
 
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identifying loopholes
 
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cost effective measures.
 
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Management Audit
 
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Specific operational management functions like purchase, sales, inventory, fixed assets, mergers, acquisitions.
 
 
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Revenue Audit
 
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Revenue audit is a 2-tier process that scrutinizes the figures and information as given in tax returns against those found in business records of entity.