Our audit and assurance practice is designed to help businesses maintain control, ensure compliance, and build trust with stakeholders. By combining deep domain expertise with a systematic and risk-based approach, we deliver high-quality audit services that go beyond mere compliance to provide strategic value.
1. Internal Audit
We conduct independent internal audits tailored to your organization’s size, sector, and risk profile. Our objective is to assess the effectiveness of internal controls, identify process inefficiencies, and mitigate potential risks. Through a collaborative approach, we help organizations strengthen governance, enhance accountability, and align their operations with business objectives.
Key deliverables:
- Control gap analysis
- Risk mitigation plans
- Process improvement recommendations
- Periodic reporting for senior management and audit committees
2. Internal Control Over Financial Reporting (ICFR)
Robust internal controls over financial reporting are critical for reliable financial statements. Our ICFR services include designing, documenting, testing, and assessing the effectiveness of internal controls to ensure compliance with the Companies Act, 2013 and other regulatory frameworks.
Scope includes:
- Mapping processes and controls
- Risk-control matrix documentation
- Control testing and evaluation
- Management reports on control deficiencies
3. Tax Audit
Under Section 44AB of the Income Tax Act, a tax audit ensures proper maintenance of books, accurate calculation of taxable income, and compliance with statutory tax provisions. We conduct tax audits meticulously to help avoid penalties, litigation, and to ensure smooth interactions with tax authorities.
Our tax audit services cover:
- Verification of books of accounts
- Checking compliance with tax laws
- Filing Form 3CA/3CB and 3CD
- Advisory on tax optimization opportunities
4. Compliance Audit
We assist clients in evaluating their adherence to statutory, legal, and internal compliance requirements. Our audits are structured to detect non-compliance and help implement corrective actions to avoid penalties and reputational damage.
Areas covered include:
- Labour laws, GST, Companies Act
- Environmental and industry-specific regulations
- Regulatory filings and approvals
- Record maintenance and documentation
5. Operational Audit
Operational audits are focused on reviewing the effectiveness and efficiency of organizational processes. By assessing workflows, resource utilization, and performance metrics, we help identify cost-saving opportunities and recommend ways to enhance productivity and profitability.
Key focus areas:
- Process optimization
- Cost control measures
- Performance benchmarking
- Resource allocation effectiveness
6. Stock Audit
A stock audit ensures that physical inventory matches the book records and is properly valued. This is particularly critical for businesses with high inventory turnover or those seeking credit facilities. Our stock audit services help in identifying shrinkage, obsolescence, or slow-moving items.
Benefits include:
- Improved inventory management
- Accurate valuation and accounting
- Reduction in pilferage and fraud
- Better internal control over inventory
7. Scheme Audit
We offer audit services for government and private sector schemes and projects, ensuring that funds are deployed and utilized in line with defined objectives and guidelines. These audits are essential for donor confidence and regulatory compliance.
Scope typically includes:
- Verification of fund utilization
- Review of documentation and approvals
- Monitoring outcome vs. objective
- Reporting to funding agencies and regulators
8. Fixed Asset Verification
We provide comprehensive services for physical verification, tagging, and reconciliation of fixed assets with books of account. This is critical for businesses seeking to maintain asset integrity, track depreciation accurately, and prevent misappropriation.
Service features:
- On-site physical verification
- Barcode/RFID tagging
- Asset register reconciliation
- Reporting on discrepancies and write-offs
9. Financial Audit & Due Diligence
Our statutory financial audits are conducted in line with Indian GAAP, Ind-AS, and applicable laws. Additionally, we perform financial due diligence for mergers, acquisitions, and investor assessments to offer a clear picture of a company’s financial health, performance, and hidden risks.
Our offerings include:
- Statutory and regulatory audits
- Buy-side and sell-side due diligence
- Financial health checks
- Review of contingent liabilities and off-balance sheet items
10. Special Audits
We undertake specialized audits that cater to unique business requirements or are mandated by regulatory authorities. These include forensic audits, fraud detection, system audits, and fund utilization reviews.
Typical triggers for special audits:
- Suspected fraud or mismanagement
- Regulatory inspection or notice
- Business restructuring
- Fund utilization reviews for lenders or investors
With our end-to-end audit solutions, we empower clients to achieve financial transparency, operational integrity, and sustained growth. Whether you are a growing enterprise or an established corporate, our audit services are designed to adapt and scale with your needs.