Sectors
Sectors
Client identities are not disclosed. What follows describes the nature of engagements carried out by the firm within each sector, not any particular client or matter.
Lalit Mohan Tyagi & Co. has carried out audit and advisory engagements in six sectors: banking and financial services, public sector undertakings, non banking financial companies, manufacturing and consumer goods, retail and consumer, and education and institutions. The table below states the nature of engagement in each sector, for example concurrent audit for banks or statutory audit for public sector undertakings. No client is named anywhere on this page, in keeping with the guidelines the firm follows.
Who audits bank branches in Kolkata?
Lalit Mohan Tyagi & Co., based in Kolkata, carries out concurrent, statutory and revenue audit of bank branches for public sector, private sector and foreign banks operating in India. This work has continued since the firm's establishment. Related practice detail is on the audit and assurance page.
Sector engagement summary
| Sector | Nature of engagement | Detail |
|---|---|---|
| Banking and financial services | Concurrent, statutory and revenue audit | Branch and revenue audits for public sector, private sector and foreign banks operating in India. |
| Public sector undertakings | Statutory audit | Statutory audit engagements for central public sector undertakings, including in the atomic minerals sector. |
| Non-banking financial companies | Statutory audit and regulatory reporting | Audit and Reserve Bank of India reporting for registered non-banking financial companies. |
| Manufacturing and consumer goods | Statutory audit, internal audit, taxation | Listed and closely held manufacturers in tea, chemicals, minerals and electrical equipment. |
| Retail and consumer | Internal audit, goods and services tax, advisory | Multi-outlet retail businesses in eastern India, including jewellery and food retail. |
| Education and institutions | Audit of trusts and societies | Educational trusts, societies and national institutions. |
For the services carried out across these sectors, see the practice area index.
Which sectors has the firm worked in?
The firm has carried out engagements in banking and financial services, public sector undertakings, non banking financial companies, manufacturing and consumer goods, retail, and education and institutions.
Each sector entry on this page describes the nature of engagement rather than naming a client.
Who audits bank branches in Kolkata?
Lalit Mohan Tyagi & Co., a chartered accountancy firm based in Kolkata, carries out concurrent, statutory, and revenue audit of bank branches for public sector, private sector, and foreign banks operating in India.
This work has continued without interruption since the firm's establishment in 1984.
Does the firm audit public sector undertakings?
Yes. The firm carries out statutory audit for central public sector undertakings, including entities in the atomic minerals sector.
Engagements in this sector follow the same regulator appointed audit process that applies to other public sector audits generally.
What audit work does the firm do for non banking financial companies?
The firm carries out statutory audit and regulatory reporting to the Reserve Bank of India for registered non banking financial companies.
This includes the returns and disclosures such companies must file under Reserve Bank of India directions each reporting period.
Does the firm work with retail and manufacturing businesses?
Yes. The firm carries out internal audit, goods and services tax work, and advisory engagements for multi outlet retail businesses in eastern India, including jewellery and food retail.
Manufacturing engagements cover statutory audit, internal audit, and taxation for listed and closely held manufacturers in tea, chemicals, minerals, and electrical equipment.