Assurance services

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Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2011 Sir, is assurance services provided by ca firms are meant to be audit by firms? What kind of services a firm can provide in this regard?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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19 July 2011 Assurance services which means assured your Business system, Proper operating, financial systems, any other process whether it is going proper way as per policy of the company & compliance with statutory matters

It is not kind of audit, just design the systems and monitor regularly

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C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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19 July 2011 This falls under management audit and a C.A firm is competent to do the audit work.

The expert is also correct in this matter.

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