Small and medium-sized enterprises (SMEs) play a crucial role in driving economic growth in India. They represent over 99% of all Indian businesses, contribute around 30% to India's GDP, and create employment opportunities for millions of people. However, SMEs often face challenges in maintaining transparency and accountability, which can hinder their growth and credibility. This is where audit & assurance services can help. In this blog post, we'll explore the importance of audit & assurance services for SMEs in India and the benefits and best practices that can help SMEs maintain transparency and accountability. The Importance of Audit & Assurance Services for SMEs in India: Audit & assurance services help SMEs in India to maintain transparency, credibility, and accountability. By conducting a thorough review of a company's financial statements, internal controls, and operational procedures, auditors can identify areas of improvement and potential risks. ...