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S.P. Chopra & Co. is an expert services strong set up in 1949; Ranking amongst the good 20 firms in India, has 11 full-time partners as well as staff strength of over 100 and also workplaces in New Delhi, Mumbai, Canada as well as Dubai.
Our firm supplies Bookkeeping, Assurance and Consultancy as its core company lines for residential as well as worldwide companies of tool to plus size. The company has involved a panel of experts as well as offers end to end options for Company Regulation Issues, IFRS Convergence, Transfer Rates, Threat as well as Transaction Advisory.

With its 11 full time partners, the company has a combined expert experience of over 100 years. Our partners are DISA certified, hold IFRS certificate released by the Institute of Chartered Accountants of India.
Over 100 specialists utilized by the company, with over 10 extremely specialized consultants on the advisory panel.
Head office situated in Connaught Area - the most prime business area of the Resources city of India with a carpet area of 3000 sq. feet. assisted by an optimal facilities and modern establishments.
Worldwide reach with our branch workplaces situated in Ontario, Canada, Dubai, Punjab as well as Uttar Pradesh and through our independent organization all over the World.
Acknowledged as a Quality provider on the global industry based on Peer Evaluation conducted by both ICAI and also Global Peer Evaluation Board.
Computer Assisted Auditing technique supported by advanced machines, servers and also relevant software utilized for conducting audits as well as daily workplace administration.

PrimeGlobal is the 3rd largest association of independent accounting firms worldwide; comprising of over 320 extremely successful independent public bookkeeping companies in 87 nations. PrimeGlobal supplies its independent member companies with resources and also devices to aid them equip exceptional bookkeeping, tax, auditing and management solutions to clients around the world.

Given that 1970, SPC has been empanelled on the RBI's listing of Auditors that can conduct the central of Public Banks in India. chartered accountant in new delhi We have actually carried out legal audit of mostly all the huge Public Banks, by turning, and also exclusive banking institutions
Because 1956, SPC has been empanelled on the CAG's checklist of Auditors for audit of huge Public Market Undertakings (PSUs). Company has audit experience of greater than 100 PSUs.
SPC has been empanelled on the United Nation's considering that 2008 for NEX/ NIM Audit as well as HACT analysis. Company has performed Audit of more than 120 UN firms considering that 2008.
Considering that 2011, SPC has actually been empanelled on the RAA's listing of Auditors that can perform the audit of companies in Bhutan

Our Approach as well as Approach
We make use of a risk-based approach to recognize the customers organization, its atmosphere, and also its sector. If any type of in the economic statements exists, the audit group preliminarily recognizes the areas where the threat of material misstatements.
Internal controls
Making use of an organized technique, we evaluate controls in order to analyze the danger of considerable misstatement for each and every audit purpose. For audit purposes where we intend to count on controls to change the nature, timing, as well as extent of our substantive procedures
We test pick audit goals using substantive logical treatments, tests of details, or a mix of both, as well as substantive treatments directed towards any kind of fraudulence threat which we have actually recognized. In developing our substantive audit procedures, we consider the features of the course of transaction, account equilibrium, or disclosure; our assessment of the dangers of product misstatement determined during preparation; and the effectiveness of controls over these dangers
We evaluate the financial statements as well as figure out whether the audit evidence gotten for each audit objective decreases the threat of material misstatements in the economic declarations to an acceptably low degree. Our audit viewpoint is based on a review of the last financial statements as well as an evaluation of all audit evidence based on relevant bookkeeping criteria


India has established a roadmap for merging with International Financial Reporting Criteria (IFRS) commencing from 1 April, 2011. The convergence with IFRS requirements is readied to change the landscape for financial coverage in India. IFRS stands for one of the most commonly approved international accountancy structure as it has actually been taken on by more compared to 100 countries as well as accountancy bodies throughout the globe are straightening their existing accountancy specifications and/or providing new bookkeeping specifications to conform with IFRS.
Finance Professionals not currently knowledgeable about the Principle of IFRS will certainly be encountered with the difficulty of creating a working understanding of IFRS as promptly as feasible. India being among the essential international players, migration to IFRS will certainly make it possible for Indian entities to have access to international capital markets without having to go through the difficult conversion as well as declaring procedure. It will reduce the price of elevating funds, minimize accounting professionals' costs and allow much faster access to all major resources markets.
How SPC is taking strides in IFRS merging
At SPC, we track the growths of IFRS worldwide as well as exactly how India prepares for its transition. It is our endeavor to offer our customers with ideas on emerging trends, issues on transition to IFRS and its application. Our group of elderly partners has actually undertaken comprehensive training to understand the finer distinctions of the IFRS execution in India.
Our company is actively encouraging its existing clients on the roadmap for the IFRS implementation as well as additionally seeking out brand-new assignments for IFRS application and also convergence advisory.