The Firm focuses on providing Audit and Assurance, Tax and Business Advisory services and has organized itself into different Strategic Business Units (SBU) on the service lines. Each unit is headed by a Partner who provides the necessary leadership and guidance to his/her SBU within overall policy framework of the Firm. While each SBU renders services across several industry groups, an opportunity to specialize in specific industry group is built into the Firm's structure. This structure has helped the Firm and its partners to keep abreast of the developments in each industry group and also focus on clients within that group.
UEC Provides Auditing Services .Audit can be done internally by employees or heads of a particular department and externally by an outside firm or an independent auditor. The idea is to check and verify the accounts by an independent authority to ensure that all books of accounts are done in a fair manner and there is no misrepresentation or fraud that is being conducted.
All the public listed firms have to get their accounts audited by an independent auditor before they declare their results for any quarter.
Financial auditing is the process of examining an organization's (or individual's) financial records to determine if they are accurate and in accordance with any applicable rules (including accepted accounting standards), regulations, and laws.
External auditors come in from outside the organization to examine accounting and financial records and provide an independent opinion on these records. Law requires that all public companies have their financial statements externally audited.
work for the organization as internal employees to examine records and help improve internal processes such as operations, internal controls, risk management, and governance.