Auditing &
Assurance.
Auditing and assurance services are essential for businesses to maintain transparency, ensure compliance and strengthen financial integrity. Our audits are planned to be useful to management, not merely completed on file.
Overview
An audit should tell you something you did not already know. We plan each engagement around where the real risk sits in your business — inventory, revenue recognition, related-party dealings, credit exposure — and report findings in language a board or a banker can act on.
The firm has decades of combined experience in statutory and tax audits of large entities, and holds a strong position in bank audit work: concurrent audits, branch statutory audits, revenue audits and stock audits.
Where an audit surfaces a process weakness, we do not stop at the observation. We set out what a workable control would look like and help implement it.
At a glance
Who it is forWhat we handle
Scope of work.
Statutory audit
- Tax audit under section 44AB
- Companies audit under the Companies Act, 2013
- LLP audit
- Trust, society and NGO audit
- Reporting under CARO and applicable standards
- Consolidation and group reporting support
Bank audit
- Concurrent audit
- Bank branch statutory audit
- Revenue and income leakage audit
- Stock and receivables audit
- Credit and documentation review
- Due diligence for lending decisions
Internal audit & controls
- Risk-based internal audit programmes
- MIS reporting to management
- Process and control design for MSMEs
- Physical verification of inventory and assets
- Vendor, procurement and payroll reviews
- Follow-up on prior audit observations
Common questions
Answers before you ask.
Is a tax audit compulsory for my business?
It depends on turnover, the nature of your business and whether presumptive taxation has been opted for. Thresholds also differ where cash receipts and payments are within prescribed limits. Send us your turnover figures and we will confirm your position for the year in writing.
How long does a statutory audit take?
For a small or medium business with reasonably maintained books, fieldwork usually runs one to three weeks, and longer where inventory or multiple locations are involved. The bigger variable is the state of your records — clean books shorten every audit.
Can you audit a company whose accounts you also write?
No. Independence rules under the Companies Act and the ICAI Code of Ethics prevent the same firm from writing and auditing the same set of books. Where we maintain accounts for a client, the statutory audit is handled by an independent firm.
Next step
Tell us what you need.
A partner will review your requirement and respond within one working day.