PSE Audits – Comprehensive Audits for Public Sector Enterprises (PSEs)
Public Sector Enterprises (PSEs) are government-owned companies operating in key sectors like infrastructure, energy, transport, finance, and manufacturing. Given their significant public fund involvement and strategic importance, PSEs are subject to detailed statutory, compliance, and performance audits under the oversight of the Comptroller & Auditor General (CAG) of India and other regulatory authorities.
We specialize in conducting PSE Audits covering Central Public Sector Undertakings (CPSUs), State Public Sector Undertakings (SPSUs), and Government Corporations. Our audit services include statutory financial audits, compliance reviews, fund utilization audits, and performance audits in line with CAG guidelines, Companies Act provisions, and sector-specific regulations.
Our Our audit scope involves verification of financial statements, asset and liability assessment, adherence to statutory deductions, review of fund utilization (budgetary allocations, grants, subsidies), procurement process audits, governance reviews, and ensuring compliance with regulatory filings and reporting obligations. We also assist in handling CAG audit observations and preparing compliance documentation.
Beyond Beyond statutory audits, we provide advisory on enhancing internal control systems, strengthening corporate governance frameworks, and improving transparency in financial and operational processes. Our audits aim to not only ensure compliance but also add value through actionable recommendations for improving efficiency, accountability, and governance standards.
Frequently Asked Questions (FAQs)
PSE Audits are statutory and compliance audits conducted for Public Sector Enterprises, mandated by CAG, Ministry of Corporate Affairs, and regulatory bodies to ensure financial propriety, compliance, and governance.
Audits include statutory financial audits, compliance audits, performance audits, fund utilization audits, and internal control assessments as per CAG and Companies Act requirements.
Yes, we assist in drafting responses to CAG audit observations, compiling necessary documentation, and implementing corrective measures for timely closure of audit findings.
Absolutely. We have extensive experience in auditing Central Public Sector Undertakings (CPSUs) and State Public Sector Enterprises (SPSUs) across various industries.
Audit & Assurance
- Statutory Audits (Companies Act)
- Internal Audits
- Tax Audits (Income Tax Act)
- Bank Audits (Statutory & Concurrent)
- Forensic Audits
- Management/Operational Audits
- Stock Audits
- Due Diligence Reviews
- System & Process Audits
- ESG/CSR Audits
- Trust & NGO Audits
- Startup Audits
- Municipal Corporation Audits
- CAG Audits
- PSU Audits
- Social Audits (MNREGA, etc.)
- Autonomous Body Audits
- Co-operative Society Audits
- Parliament-tabled Audit Reports
- PSE Audits
CA. Dhiraj Jain
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