Audit firms provide third-party services to businesses by identifying and helping in mitigating risk. These firms conduct internal audits and provide risk advisory services. There are brilliant audit firms in India that have trained professionals with considerable experience and domain knowledge. These professionals understand the basics of business and also the dynamics of different sectors. They help you identify risks associated with your operations and finances. This article will discuss the top 10 audit firms in India that have made their mark through exceptional services and diversified experience.
Top 10 Audit Firms in India in 2021
It is an Indian firm that has made its mark in the field of auditing and advisory. They provide services in diverse sectors, including Taxation, Regulatory, Transaction Advisory, and Audit & Assurance. They have a huge team of highly-qualified professionals who help businesses understand their inherent risk and implement systems to eliminate the risk. It is a member of the Leading Edge Alliance (LEA Global), the second-largest international professional association in the world. Their clientele comprises companies with turnover ranging from USD 100 mn to USD 6 bn in India and across the globe.
Deloitte has the largest network of professional services in the entire world. It provides audit, tax, consulting, enterprise risk, and financial advisory services to more than 2,00,000 professionals from around the world. Many of the world’s most esteemed brands are clients of Deloitte.
PriceWaterhouseCoopers aka PWC has the second-largest network of professional services in the entire world. It provides its services in India too. It has a multinational presence. This firm’s professionals are an expert in solving complex technical problems and finding sustainable solutions for the same.
KPMG has headquarters in Amstelveen, Netherlands, and also has offices in India. It is also part of the Big Four (Deloitte, PWC, KPMG, EY). It has the third-largest network of professional services in the entire world.
5. BDO International
BDO International has one of the largest accountancy networks in the entire world. It’s India member, BDO India LLP, specializes in providing accountancy and related audit services. It has a presence in around 150 countries around the world and is highly renowned for its expertise in accounting.
6. Grant Thornton International
It is a UK based firm and has its branches in almost 125 countries. They specialize in providing auditing services in the financial sector. They are an expert in Assurance and Taxation. The Grant Thornton office in India is situated in Connaught Place, New Delhi.
7. RSM International
RSM is one of the most trusted names in auditing. They rank 6th in the list of largest global providers of tax services. It has its fully independent firms in more than 110 countries.
8. Neeraj Bhagat & Co
They are yet another premier accounting and consultancy firm based in India. They help new businesses to grow by providing services that include understanding business taxation, corporate compliance, starting a business in India, registration of foreign companies, transfer pricing, tax due diligence, taxation of expatriates, etc.
9. Desai Haribhakti & Co
It is an amalgamation of two reputed names from the field of accounting and auditing. They have a team of professionals who take care of accounting and auditing for many clients. There is a lot of trust associated with this name, and hence, they are known for serving their clients for a very long time.
10. Lodha & Co
It is one of India’s oldest audit firms, started in 1941, and has specialization in providing consultation and auditing services to big corporate clients of India. They have one of the most experienced professionals leading their team to provide excellent services to their clients.
Hence, India has a great blend of national and multinational brands providing auditing services to professionals and companies. Audit firms in India are crucial for the sustainable growth of businesses as they provide a systematic way of implementing measures to keep risk at a minimum level.