AKGVG & Associates is a team of Professional Chartered Accountant, Tax Advisory Consultants and Accounting Audit Services in New Delhi India. It offers how to Setup Business in India, best Business Setup solutions, Internal Financial Control at reasonable and affordable expense. Corporate Office Address AKGVG & Associates 307 Pearl Corporate, Mangalam Place, Sector-3, Rohini, New Delhi, India - 110085 Contact No - +91- 9811118031 Email ID - info@akgvg.com Website - http://www.akgvg.com

1. Certified Financial Planner
Chartered Accountant
Tax Advisory Consultant
Corporate Finance Accounting Firm

2. Audit Procedures to Detect Fraud
Fraud Brainstorming Session
A fraud brainstorming session at the beginning of the
audit is held
This session provides time to the audit team to decide how
the fraud took place in the company
 The brainstorming meeting is held
 The fraud specialist attends the meeting and reveals
different types of frauds committed by the companies
This helps the client to identify the risk factors

3. Journal Entry Testing
 For checking the signs of manipulation, the company's journal entries
are checked because committing a fraud of the financial statement
requires adjustments to the financial records of the company
 Auditors typically select the following entries
 Large entries made by the management
 Late entries in the accounting period
 supporting documentation that validates each entry is asked for

4. Accounting Estimates
 Since accounting estimates are subjective, therefore,
influencing accounting estimates to manipulate the
financial statements is possible and hence the
directionality of the estimates as a whole is examined

5. Significant Unusual Transactions
Significant unusual transactions outside of a company's
normal business operations are closely examined by the
auditors
The explanation from the management is asked for

6. Corporate Office Address
AKGVG & Associates
Chartered Accountant, Tax Advisory Consultant and Accounting Firm
307 Pearl Corporate, Mangalam Place,
Sector-3, Rohini, New Delhi, India - 110085
Contact No - +91- 9811118031
Email ID - info@akgvg.com
Website - http://www.akgvg.com
Thank You

7. Corporate Office Address
AKGVG & Associates
Chartered Accountant, Tax Advisory Consultant and Accounting Firm
307 Pearl Corporate, Mangalam Place,
Sector-3, Rohini, New Delhi, India - 110085
Contact No - +91- 9811118031
Email ID - info@akgvg.com
Website - http://www.akgvg.com
Thank You