"AJSH & Co LLP"    is now    "Mercurius & Associates LLP" "AJSH & Co LLP"    is now    "Mercurius & Associates LLP" "AJSH & Co LLP"    is now    "Mercurius & Associates LLP"

Audit and Assurance

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Assurance Services

“Mercurius is committed to delivering independent, efficient, effective, quality, comprehensive audit and assurance services.”

Our core philosophy is building trust among stakeholders—shareholders, regulatory authorities, or creditors.

Our services offer a clear snapshot of your company’s financial health, enabling management to make informed decisions for enhancing the company’s potential in both local and global markets.

PCAOB REPORT-2023

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PEER REVIEW REPORT-2023

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Why choose Mercurius & Associates LLP?

Our Approach

The firm’s approach involves a thorough understanding of the client’s business, integrating rigorous risk assessment and diagnostic processes into tailored audit procedures as per the industry standard.

Our primary focus areas are

Our Team of Experts

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    Elevate Your Business Journey –
    Where Trust Meets Expertise!

    Each number reveals a narrative steeped in integrity and reliability, paving the way for your business's success. At Mercurius, we're more than just auditors - we're your driving force for growth.

    Unlock Your Business Potential with Mercurius - Where Precision, Trust, and Growth Intersect!

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    FAQs

    Auditors help to provide investors with confidence and assurance in financial reporting. Auditors perform independent evaluations to offer security that information, such as the financial statements, presents an accurate and fair view of a company’s financial performance and position.

    • Assess the adequacy and effectiveness of internal controls
    • Analyze the reliability and integrity of financial and operating information
    • Analyze the fiscal, operational, and administrative operations
    • Analyze systems established to ensure compliance with policies, plans, procedures, laws, and regulations that could significantly impact operations
    • Assess the effectiveness and efficiency with which resources are employed
    • Assess the accomplishment of established objectives and goals

    Purpose of an audit is to provide a reasonable, but not absolute, assurance that the financial statements are free of material misstatements. An auditor can’t test every transaction, but he or she is required to conduct more extensive testing in areas that indicate a greater risk of material misstatement.

    The different types of auditing are:

    • Internal audit
    • Statutory audit
    • GST audit
    • US GAAP/IFRS Audit
    • IRS tax audit

    • An audit is generally carried out by a registered auditor who must comply with certain standards.
    • For a financial audit, the company’s financial statements are prepared in accordance with the appropriate legal and financial requirements. The report is then approved internally.
    • The auditors will need to obtain an understanding of the company and its activities and consider outside factors that may have affected any business during the reporting period.
    • The auditors will identify, consider, and evaluates any risks relating to the financial performance or position, and any internal controls the organization has considered appropriate to mitigate those risks.
    • The auditor will then consider what has been done to ensure the financial statements are accurate and examine supporting evidence based on the risks and controls identified.

    Our audit team consists of experienced Chartered Accountants, ACCAs, CPAs, specialized Audit Managers, and Article Assistants, all possessing sound knowledge of accounting and auditing principles and standards, taxation system, legal framework, corporate compliance, risk assessment techniques, and automated auditing tools to fulfill our commitments on time and provide our clients quality in audit service.

    As an auditor, we provide assurance services and are not responsible for giving any tax-saving consultancy. However, our firm is also engaged in taxation matters where we have exceptionally skilled and well-experienced tax consultants who can help you save your tax. For more detail about our tax consultancy services, please contact us

    Through robust audit tools, resources, and procedures, MAS delivers high-quality audit services, adhering to the highest standards of independence, ethics, and professional objectivity while applying technical excellence. As part of our strategy, we continuously assess the service performance and delivery to clients for continuous improvement in our audit quality. We provide our clients with effective methods through which they ease doing their business and enhance legal compliance.

    Yes, they do. The governing bodies oversee the company’s audits to protect investors and the public interest by promoting informative, accurate, and independent audit reports. They need to ensure proper audit documentation is maintained for every audit.

    Yes, MAS is registered with the Public Company Accounting Oversight Board and is licensed to audit companies listed in the United States, including broker-dealers. We perform an audit of financial statements of companies registered with the SEC or trading over OTC or intended to get registered with the SEC.

    Our fee for an audit of companies in India or the US depends on the complexity of the business, time, and resources involved. Please feel free to reach us for a quote.

    No, an auditor needs to be independent and objective while performing the audit. It is important to understand that the preparation of financial statements is the responsibility of management and not the auditor. The opinion on those financial statements is the auditor’s responsibility.

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    Ready to assist with your Queries