In an increasingly complex regulatory and business landscape, stakeholders expect greater transparency, accountability, and confidence in financial reporting. At Skand, we respond to these expectations by delivering independent, high-quality assurance services grounded in ethical conduct, professional judgment, and adherence to the highest auditing standards.
Our Approach
Our assurance philosophy extends beyond checklist-based compliance. All audit and assurance engagements are carried out in line with the prevailing Standards on Auditing (SAs) and the ICAI Framework for Assurance Engagements, with a strong emphasis on:
Identifying and evaluating business and audit-related risks
Reviewing the effectiveness of internal control frameworks
Issuing objective and unbiased audit opinions
Strengthening the credibility and reliability of financial information
Aligning assurance outcomes with stakeholder expectations
Our risk-based and customized approach ensures that every engagement is relevant, focused, and aligned with the client’s operational environment.
Our Assurance Offerings
Statutory Audit
Conducting audits of financial statements in accordance with applicable laws, including the Companies Act, 2013, and ICAI’s professional standards, to ensure regulatory compliance and transparent financial reporting.Tax Audit (u/s 44AB of the Income Tax Act)
Providing assurance on the accuracy of books of account and compliance with income tax provisions, while highlighting potential tax risks, exposures, and optimization opportunities.Internal Audit
Reviewing and strengthening governance structures, risk management practices, and internal controls in accordance with ICAI’s Standards on Internal Audit, aimed at improving efficiency, minimizing risk, and preventing fraud.Information Systems Audit
Assessing the security, integrity, and reliability of information systems in line with ICAI’s digital assurance guidance, helping protect digital assets and support informed, data-driven decision-making.Agreed-Upon Procedures (AUP)
Performing specific procedures agreed with stakeholders under SAE 3402 / SRS 4400, and reporting factual findings without providing assurance—suitable for targeted compliance or risk assessments.
Our Commitment to Quality
Skand operates a strong System of Quality Control (SQC 1) aligned with the ICAI Audit Quality Maturity Model (AQMM). Our quality framework is supported by:
Standardized audit documentation and reporting formats
Strict compliance with the ICAI Code of Ethics
Ongoing professional training and technical updates
Secure handling and monitoring of Unpublished Price Sensitive Information (UPSI)
Internal reviews and peer-evaluated quality policies
Why Choose Skand
At Skand, assurance is not limited to issuing an audit report—it is about delivering insight, trust, and long-term value. We work closely with our clients to provide dependable information that supports sound governance, informed decision-making, and sustained stakeholder confidence.