Liquidation occurs when a company is unable to continue its business and decides to dissolve its operations. During this process, it is necessary to settle the company's debts, distribute its assets, and terminate its legal existence.
A liquidation audit is conducted to ensure that the company's assets are appropriately valued, its debts are accurately accounted for, and its affairs are handled in accordance with the applicable laws and regulations. The audit aims to provide assurance that the liquidation process is conducted fairly and transparently, safeguarding the interests of creditors, shareholders, and other stakeholders.
A V Savla, conducts an independent and comprehensive examination of the financial statements, records, and transactions of the company undergoing liquidation. The scope of the audit support services may include:
A V Savla has established a reputation for delivering exceptional Audit and Assurance services that adhere to globally recognized standards.
A VAT audit is a process of reviewing and verifying a company's compliance with Value Added Tax (VAT) regulations in the Sultanate of Oman.
An Employee Benefit Plan (EBP) audit refers to the examination and verification of an organization's employee benefit plans, such as retirement...
We offer a range of Risk Advisory, Internal Audit, and Management Audit services to help businesses in India effectively manage risks,
Stay ahead of the curve in an ever-changing world and create a sustainable future with our guidance.