Scope of the service
- Statutory AuditConducted per applicable laws and standards to ensure your financial statements present a true and fair view, while highlighting control weaknesses and areas to improve
- Tax AuditAdherence to income-tax regulations, accurate reporting and timely filings, with observations that optimise tax positions and reduce risk
- Internal AuditTailored reviews that strengthen internal controls, improve processes and enhance risk management
- Concurrent & Statutory Bank AuditsSpecialised audit support for banking institutions and PSUs
- Stock & Inventory AuditSystematic checks, valuation reviews and physical verification that strengthen inventory control
- Fixed Assets AuditCapitalisation, classification, depreciation and physical verification for a reliable asset register
Documents you’ll typically need
Having these ready speeds things up. The exact list depends on your situation — we confirm it with you at the start.
- 01Trial balance and general ledger for the year
- 02Bank statements and bank reconciliations
- 03Fixed asset register, with support for additions and disposals
- 04Stock records and the basis of inventory valuation
- 05Sales, purchase and expense invoices (on a sample basis)
- 06Previous year's audited financial statements and audit report
- 07Statutory registers and minutes of board and shareholder meetings
- 08GST, TDS and income-tax returns filed during the year
From first call to completion
- 1Tell us what you needCall, WhatsApp, request a call back or send an enquiry.
- 2Scope & checklistWe confirm the scope and share the documents we need.
- 3Engagement letterScope, responsibilities and timelines agreed in writing.
- 4Work & updatesDelivered against due dates, with updates at each stage.
Audit & Assurance — FAQs
Is a statutory audit mandatory for my private limited company?
Yes — every company registered under the Companies Act, 2013 requires a statutory audit each financial year, regardless of turnover or profit. LLPs require one above ₹40 lakh turnover or ₹25 lakh contribution.
What is the difference between statutory audit and tax audit?
A statutory audit is conducted under the Companies Act and covers the truth and fairness of financial statements. A tax audit under Section 44AB of the Income-tax Act applies once turnover crosses prescribed limits and focuses on tax compliance. Many companies need both.
How long does a statutory audit take?
For a typical SME with books in order, fieldwork takes one to three weeks. Timelines depend on the quality of records, number of locations and group structure — we agree a schedule with you at engagement.
What documents do you need for an audit?
Books of account, bank statements, statutory registers, GST and TDS returns, fixed-asset and inventory records, loan agreements and prior-year financials. We share a complete checklist at kickoff.
Let’s talk about your numbers.
Call or WhatsApp us to fix a meeting time — or request a call back and we will call you.