Company Audit Service in India
Our Company Audit Services are designed to help businesses strengthen financial controls, ensure regulatory compliance, improve operational efficiency, and build stakeholder confidence. We provide independent, risk-based audit solutions tailored to the unique requirements of companies across various industries.
Know Your Client (KYC)
Understanding the client’s business, operations, internal controls, and audit requirements.
Identification of Key Areas
Assessing significant business, financial, and compliance areas that require audit focus.
Audit Programme
Designing a customized audit plan based on identified risks and client objectives.
Query Log
Recording audit observations, discrepancies, and their potential financial impact for management review.
Audit Report
Issuing a comprehensive audit report with key findings, recommendations, and improvement opportunities after resolving all audit queries.
WE ARE SPECIALIZE IN FOLLOWING AUDITS:
Our Statutory Audit Services help companies comply with the requirements of the Companies Act, 2013 while enhancing financial transparency, strengthening internal controls, and improving stakeholder confidence.
With the evolving regulatory framework and increased compliance requirements, businesses must ensure adherence to applicable provisions of the Companies Act and other statutory regulations. Our experienced audit professionals conduct independent audits in accordance with the Standards on Auditing (SAs) issued by the Institute of Chartered Accountants of India (ICAI).
Based on the size, nature, and regulatory requirements of the business, we provide:
- Statutory Audit
- Quarterly Limited Review
- Half-Yearly Financial Review
- Annual Financial Statement Audit
- Compliance Review and Reporting
Companies Auditor's Report Order (CARO), 2020
CARO, 2020 introduces additional reporting responsibilities for statutory auditors, requiring detailed reporting on key financial, operational, and compliance matters. Our experienced professionals ensure that all applicable CARO reporting requirements are thoroughly evaluated and accurately reported, helping businesses remain compliant while promoting transparency and accountability.
Tax Audit under Section 44AB of the Income Tax Act, 1961
A Tax Audit under Section 44AB of the Income Tax Act, 1961 is conducted to ensure compliance with statutory tax provisions, proper maintenance of books of account, and accurate reporting of financial information. A tax audit is mandatory for businesses whose total sales, turnover, or gross receipts exceed ₹1 crore during the financial year. However, the threshold is increased to ₹10 crore where cash receipts and cash payments do not exceed 5% of the total receipts and total payments, respectively.
For professionals, a tax audit is mandatory if gross receipts exceed ₹75 lakh during the financial year. A professionally conducted tax audit facilitates timely filing of the Tax Audit Report, ensures compliance with applicable tax laws, minimizes the risk of non-compliance, and enhances the credibility of financial statements.
Transfer Pricing Audit under Section 92E of the Income Tax Act, 1961
A Transfer Pricing Audit under Section 92E of the Income Tax Act, 1961 is mandatory for taxpayers undertaking specified international transactions or specified domestic transactions with associated enterprises, where prescribed thresholds are applicable. The audit ensures that such transactions comply with the Arm’s Length Principle and are reported in accordance with transfer pricing regulations. The prescribed audit report is required to be certified by a Chartered Accountant and furnished in Form 3CEB. Transfer pricing audits help businesses ensure regulatory compliance, maintain robust documentation, and mitigate potential tax and litigation risks.
GST Audit & Reconciliation
GST Audit involves a comprehensive reconciliation of the books of account with GSTR-9, GSTR-2A/2B, and other applicable GST records to identify discrepancies and ensure compliance with the provisions of the GST laws. The process includes verification of input tax credit, turnover, tax liability, and statutory records, followed by the preparation and certification of the GST Reconciliation Statement (Form GSTR-9C), wherever applicable.
Information System (IS) Audit
We conduct Technology-Based IT Audits to assess the effectiveness, security, and reliability of an organization’s IT systems and controls. Our audit is based on exchange circular & guidelines, and client’s business requirements.
The audit covers key aspects such as internal and physical controls, logical access management, IT risk management, password security, network integrity, firewall configurations, antivirus management, vulnerability assessments, backup and recovery procedures, Business Continuity and Disaster Recovery Plans (BCP/DRP), IT infrastructure and capacity management, database security, and algorithm reviews. We also assist organizations in drafting IT policies and implementing recommended controls to strengthen governance, compliance, and information security.
SEBI/Depository Audit
We conduct SEBI and Depository Audits for stock brokers, trading members, depository participants (DPs), and other SEBI-regulated intermediaries to evaluate compliance with the regulations, circulars, and guidelines issued by the Securities and Exchange Board of India (SEBI), stock exchanges, and depositories.
Our audit covers regulatory compliance, internal control systems, operational processes, risk management practices, system security, and adherence to the applicable bye-laws, rules, and operating instructions prescribed by SEBI, NSDL, CDSL, and the respective stock exchanges.
The audit helps identify compliance gaps, strengthen internal controls, mitigate regulatory risks, enhance operational efficiency, and ensure continued adherence to statutory and regulatory requirements.
Special Purpose Audits
We provide Special Purpose Audit services tailored to meet specific business, regulatory, contractual, and management requirements beyond the scope of statutory audits.
Our Special Purpose Audit services include process audits, compliance audits, internal control reviews, forensic and investigation assignments, technology and information systems audits, due diligence reviews, grant and fund utilization audits, stock and inventory audits, operational audits, and other customized assurance engagements based on client requirements.
Our objective is to deliver independent, risk-based insights and practical recommendations that support informed decision-making, enhance governance, and mitigate business risks
Internal & Concurrent Audit
Internal and Concurrent Audits are designed to evaluate the effectiveness of internal controls, operational processes, and risk management systems. These audits help organizations identify process weaknesses, enhance operational efficiency, ensure regulatory compliance, and strengthen corporate governance through timely recommendations.
Current Assets / Stock Audit
A Current Assets / Stock Audit involves the physical verification and valuation of inventories, receivables, and other current assets offered as security to banks and financial institutions. The audit verifies the existence, accuracy, and adequacy of security, enabling lenders to assess the quality of assets and monitor credit exposure effectively.
Due Diligence Audit & Review
A Due Diligence Audit & Review provides an independent assessment of the financial, legal, operational, and compliance aspects of a business before mergers, acquisitions, investments, financing, or other strategic transactions. It helps identify potential risks, liabilities, and opportunities, enabling informed decision-making and minimizing transaction-related risks.