Statutory Audit Services
Build trust with stakeholders and ensure regulatory compliance through our rigorous and transparent audit services.
Our Statutory Audit Services
Independent and thorough audit services including statutory company audits, tax audits, GST audits, internal audits, stock audits, and bank audits.
Company Audit
Every company incorporated under the Companies Act, 2013 must have its financial statements audited by an independent Chartered Accountant. We conduct statutory audits in accordance with Standards on Auditing (SAs), issue auditor's reports, and prepare audit documentation that withstands regulatory scrutiny. Our audits cover MCA compliance, CARO reporting, and Directors' Report inputs.
- Audit in accordance with Standards on Auditing
- CARO 2020 reporting for applicable companies
- Directors' Report and UDIN-enabled audit reports
- Related party transaction verification
- Internal financial control adequacy assessment
Tax Audit (44AB)
A tax audit under Section 44AB is mandatory for businesses and professionals exceeding the prescribed turnover and gross receipts thresholds. We conduct the audit, prepare Form 3CA/3CB and the detailed Form 3CD, and upload the report on the Income Tax portal before the due date. Our tax audits are thorough and minimize the risk of departmental inquiries.
- Form 3CA/3CB preparation and certification
- Detailed Form 3CD with all 44 reporting clauses
- Books of accounts examination and verification
- Digital signature-enabled e-filing
- Presumptive income and special audit support
GST Audit
A GST audit involves examination of GST returns, books of accounts, and financial statements to verify accuracy of tax declared, ITC claimed, and refunds obtained. We conduct GST audits for businesses preparing GSTR-9C, for department-initiated audits, and as a proactive health check. Our reports clearly identify risks and recommend corrective actions.
- GST return vs books reconciliation
- ITC eligibility and reversal verification
- GSTR-9C reconciliation and certification
- Departmental audit support and representation
- Risk identification and compliance recommendations
Internal Audit
Internal audits evaluate the effectiveness of internal controls, risk management processes, and governance frameworks. We design and conduct risk-based internal audits tailored to your industry and business complexity. Our reports provide actionable recommendations to strengthen controls, prevent fraud, and improve operational efficiency.
- Risk-based internal audit planning
- Process and control effectiveness evaluation
- Fraud risk assessment and mitigation
- Quarterly and annual audit cycle management
- Audit committee reporting and presentations
Stock Audit
Stock audits are required by banks as a condition for working capital facilities and by companies for accurate inventory valuation. We conduct physical verification of inventory, compare it with book records, identify discrepancies, and assess valuation methods. Our stock audit reports are accepted by all major banks and financial institutions.
- Physical inventory count and verification
- Comparison with book records and variances
- Inventory valuation method assessment
- Bank-mandated stock audit reports
- Slow-moving and obsolete stock identification
Bank Audit
We conduct concurrent audits, revenue audits, and statutory branch audits for banks and financial institutions. Our audit teams are experienced in banking operations, NPA identification, IRAC norms, and revenue leakage detection. We issue bank audit reports in the prescribed formats required by RBI guidelines.
- Concurrent audit of bank branches
- Revenue audit and income leakage detection
- NPA identification per IRAC norms
- Statutory branch audit under RBI guidelines
- Credit audit and loan documentation review