Audit & Assurance

Expert Support in Preparing, Reviewing & Responding to CAG Audit Reports Presented to Parliament. Parliament-tabled Audit Reports – CAG Reports for Transparency & Accountability in Public Fund Utilization Audit Reports tabled in Parliament by the Comptroller and Auditor General of India (CAG) are crucial instruments for ensuring public accountability in the management of government funds and resources. These reports highlight audit findings related to Ministries, Departments, Public Sector Undertakings (PSUs), Autonomous Bodies, and Government-funded projects, ensuring transparency in financial and operational activities. We provide comprehensive assistance in preparing and reviewing Parliament-tabled Audit Reports (CAG Reports). Our services include supporting entities in audit preparation, compiling necessary documentation, conducting internal audits in line with CAG methodologies, and assisting in drafting responses to audit observations that will be reported to Parliamentary Committees (PAC, COPU). Assistance in Preparing and Reviewing Reports Submitted for CAG Audits Advisory on Handling Financial, Compliance & Performance Audit Observations Support in Drafting Replies to Audit Paras Raised in CAG Reports Coordination with Ministries, PSUs & PAC/COPU Committees on Audit Issues Pre-Audit Internal Reviews to Ensure Compliance with CAG Methodologies Documentation Support for Fund Utilization, Procurement & Regulatory Compliance Advisory on Strengthening Governance & Transparency Mechanisms Our scope covers Financial Audits, Performance Audits, and Compliance Audits as per CAG guidelines. We ensure that Ministries, PSUs, and Autonomous Bodies present accurate, compliant, and well-documented reports, addressing audit queries effectively, and mitigating risks of adverse observations. We also assist in follow-ups with the Public Accounts Committee (PAC) and Committee on Public Undertakings (COPU). With our in-depth understanding of CAG audit frameworks and extensive experience in government audits, we enable our clients to navigate the complexities of Parliamentary Audit Reporting, ensuring that audit findings are addressed promptly and institutional governance is enhanced through transparent reporting practices. FAQ Frequently Asked Questions (FAQs) What are Parliament-tabled Audit Reports? These are reports prepared by the CAG highlighting audit findings related to Ministries, Departments, PSUs, and Government projects, which are tabled before the Parliament to ensure transparency and accountability in public fund utilization. Which entities are subject to Parliament-tabled CAG Reports? Ministries, Departments, Central and State PSUs, Autonomous Bodies, and entities receiving substantial government funding are subject to CAG audits and Parliament-tabled reports. What is the role of PAC and COPU in these audit reports? The Public Accounts Committee (PAC) and Committee on Public Undertakings (COPU) examine the audit reports tabled by CAG, seeking explanations and accountability from concerned Ministries and entities. Do you assist in drafting replies to Audit Paras in CAG Reports? Yes, we assist in drafting precise, well-documented replies to Audit Paras, ensuring accurate representation of facts and timely compliance with audit observations. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Ensuring Financial Accuracy, Regulatory Compliance & Governance Excellence in Public Sector Enterprises. 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. Statutory Financial Audits as per Companies Act, 2013 & CAG Guidelines Review of Fund Allocation, Utilization & Compliance with Grant Conditions Procurement Process Audits & Internal Control Evaluations Compliance Verification with Regulatory Filings & Statutory Deductions Performance Audits Focused on Operational Efficiency & Risk Assessment Support in Drafting Replies to CAG Audit Observations & Rectifications Advisory on Strengthening Governance, Transparency & Financial Reporting 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. FAQ Frequently Asked Questions (FAQs) What are PSE Audits and who mandates them? 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. What types of audits are conducted for PSEs? Audits include statutory financial audits, compliance audits, performance audits, fund utilization audits, and internal control assessments as per CAG and Companies Act requirements.   Do you assist in handling CAG audit observations and rectifications? Yes, we assist in drafting responses to CAG audit observations, compiling necessary documentation, and implementing corrective measures for timely closure of audit findings. Can you conduct audits for both Central and State PSEs? 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Independent Audits for Autonomous Bodies to Ensure Financial Integrity, Regulatory Compliance & Transparent Governance. Autonomous Body Audits – Statutory & Compliance Audits for Government-Aided Institutions Autonomous Bodies are government-aided institutions established by Acts of Parliament, State Legislatures, or executive orders to carry out specific public functions while enjoying operational autonomy. These bodies, which include educational institutions, research organizations, boards, councils, and statutory bodies, handle substantial public funds and are required to undergo periodic audits to ensure financial propriety and accountability. We specialize in conducting comprehensive Autonomous Body Audits, focusing on statutory financial audits, compliance reviews, fund utilization audits, and performance assessments. We ensure that these bodies adhere to applicable statutory provisions, grant-in-aid conditions, and regulatory norms issued by governing ministries and authorities. Statutory Financial Audits as per Governing Acts & Grant-in-Aid Guidelines Fund Allocation & Utilization Verification for Government Grants & Projects Compliance Review with Ministry Guidelines, Circulars & Regulatory Filings Assessment of Internal Controls, Financial Processes & Governance Frameworks Support in Drafting Replies to CAG Observations & Audit Queries Advisory on Improving Transparency, Accountability & Risk Mitigation Assistance in Process Improvements & Strengthening Institutional Governance Our audit scope includes verification of financial statements, fund allocation and utilization tracking, compliance with applicable acts, circulars, and guidelines, assessment of internal controls, and examination of governance practices. We also assist in drafting audit replies, handling queries from oversight agencies like CAG, and implementing corrective measures for audit observations. Beyond statutory mandates, we offer advisory on improving financial management systems, strengthening governance structures, and enhancing process efficiencies to promote transparency and accountability in public fund utilization. Our audits aim to not only ensure compliance but also to add value through actionable insights for institutional improvement. Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more FAQ Frequently Asked Questions (FAQs) What are Autonomous Body Audits and why are they important? Autonomous Body Audits ensure that government-funded institutions adhere to statutory financial regulations, utilize grants appropriately, and maintain transparency in operations, thus safeguarding public interests. Who mandates audits for Autonomous Bodies? Audits are mandated by the parent Ministry, Comptroller & Auditor General (CAG), and other regulatory authorities as per governing Acts and Grant-in-Aid conditions. What is the scope of an Autonomous Body Audit? The audit covers financial statement verification, fund utilization tracking, compliance with statutory provisions, internal control assessments, and performance evaluation of government-aided projects. Do you assist in handling audit observations and compliance reports? Yes, we assist Autonomous Bodies in drafting audit replies, preparing compliance reports, and coordinating with CAG and Ministry-appointed audit teams for timely rectifications. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now

Ensuring Transparency, Regulatory Compliance & Financial Discipline in Co-operative Societies through Structured Audits. Co-operative Society Audits – Statutory & Compliance Audits for Co-operative Institutions Co-operative Societies play a vital role in sectors like agriculture, dairy, housing, credit, and rural development by promoting collective economic participation. Given their member-driven structure and involvement in handling public funds, regular statutory audits are mandated under State Co-operative Acts to ensure financial integrity, compliance, and accountability. We specialize in conducting comprehensive Co-operative Society Audits covering Credit Co-operatives, Dairy Co-operatives, Agriculture Societies, Housing Societies, Multi-State Co-operatives, and Urban Co-operative Banks. Our audit approach focuses on statutory compliance, financial accuracy, fund utilization, and internal governance structures. Statutory Financial Audit as per State Co-operative Societies Acts Verification of Members’ Capital, Loans, Deposits & Surplus Allocations Compliance Review with Regulatory Filings & Subsidy Utilizations Examination of Internal Controls, Governance Mechanisms & Risk Areas Assistance in Audit Preparation, Documentation & Objection Rectifications Advisory on Accounting Improvements & Process Standardization Representation Support during Departmental Inspections & Audit Reviews Our services include statutory financial audits, verification of members’ funds and loans, compliance with Co-operative Societies Act provisions, analysis of surplus distribution, examination of internal controls, and review of adherence to regulatory filings and subsidies/grant utilizations. We also assist societies in audit preparation, documentation management, and rectification of audit observations. Beyond audit certifications, we provide advisory on improving financial discipline, enhancing transparency in member transactions, streamlining accounting processes, and ensuring societies align with state/national co-operative governance frameworks. FAQ Frequently Asked Questions (FAQs) Are statutory audits mandatory for all Co-operative Societies? Yes, all registered Co-operative Societies are required to undergo statutory audits annually as per State Co-operative Societies Act or Multi-State Co-operative Societies Act. What is the scope of audit for a Co-operative Society? The audit covers verification of financial statements, member capital & loans, fund utilization, statutory compliance, governance practices, and adherence to bye-laws and regulatory norms. Do Housing Co-operatives also require audits? Yes, Housing Societies are required to get their accounts audited annually to ensure transparency in fund collection, maintenance expenditures, and financial reporting to members. Can you assist in rectifying audit objections raised by Registrar? Absolutely. We assist in preparing compliance reports, rectification measures, and ensure timely closure of audit objections raised by Registrar of Co-operative Societies. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Comprehensive Audit & Advisory Services for PSUs to Ensure Financial Integrity, Compliance & Accountability. PSU Audits – Statutory & Compliance Audits for Public Sector Undertakings (PSUs) Public Sector Undertakings (PSUs) play a pivotal role in India’s economy, operating in strategic sectors like infrastructure, power, telecom, transport, and manufacturing. Given their large-scale operations and significant public fund utilization, PSUs are subject to rigorous statutory audits, compliance reviews, and performance evaluations by the Comptroller & Auditor General (CAG) and other regulatory bodies. We offer specialized PSU Audit Services covering statutory financial audits, internal audits, tax compliance audits, and performance audits for Central and State PSUs. Being a CAG Empaneled Audit Firm, we have extensive experience in handling audit assignments under CAG guidelines and PSU-specific audit frameworks. Statutory Financial Audits as per CAG & Companies Act Guidelines Review of Compliance with PSU Accounting Standards & Regulatory Filings Fund Utilization Audits for Government Grants & Subsidies Procurement Process Audits & Tender Compliance Reviews Evaluation of Internal Control Systems & Risk Assessments Representation Support for CAG Inspections & Audit Objections Advisory on Improving Governance & Transparency Frameworks Our audit scope includes verification of financial statements, compliance with Companies Act, PSU-specific accounting standards, regulatory filings, fund utilization reviews, evaluation of internal controls, procurement compliance, and risk assessments. We ensure PSUs maintain transparency, accountability, and compliance with Government policies and directives. In addition to statutory audits, we provide representation support during CAG inspections, assist in drafting replies to audit observations, and offer advisory on strengthening governance and operational efficiency. Our structured audit process aims to minimize audit objections, improve financial reporting, and support PSUs in achieving better audit ratings. FAQ Frequently Asked Questions (FAQs) What are PSU Audits and who mandates them? PSU Audits are statutory audits conducted for Public Sector Undertakings as mandated by the Comptroller & Auditor General (CAG) of India, in addition to Companies Act requirements and regulatory authorities. Do PSUs require internal audits along with statutory audits? Yes, PSUs are mandated to conduct periodic internal audits to ensure internal controls, operational efficiencies, and compliance with PSU-specific governance frameworks. What are common focus areas in PSU audits? Key areas include financial accuracy, fund utilization, regulatory compliance, procurement process reviews, internal controls, and performance benchmarking. Can you assist PSUs in handling CAG observations and audit queries? Absolutely. We provide end-to-end support in drafting responses, compiling documentation, and representing PSUs during CAG inspections and audit reviews. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Independent Social Audit Services to Ensure Effective Implementation of Government Welfare Programs. Social Audits – Enhancing Accountability & Transparency in Welfare Schemes (MNREGA & Others) Social Audits are a participatory tool used to evaluate the implementation of government welfare schemes by engaging citizens and ensuring transparency in fund utilization. Programs like MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act), PMAY, NRLM, and various social development initiatives require periodic Social Audits to verify on-ground performance against allocated resources. We specialize in conducting Social Audits for MNREGA, Rural Development Projects, and Government Welfare Schemes. Our approach blends financial audit expertise with grassroots-level field verification to assess program effectiveness, identify irregularities, and ensure funds are utilized for intended beneficiaries. Review of Fund Allocation & Expenditure Reports under MNREGA & Similar Schemes Field Verification of Assets Created, Beneficiary Cross-Verification & Quality Checks Community Consultations & Public Hearings for Transparency Assessment Audit of Wage Disbursements, Muster Rolls & Attendance Records Compliance Check with Scheme Guidelines & Performance Indicators Drafting Audit Reports, Non-Compliance Observations & Recommendations Advisory on Strengthening Scheme Implementation & Monitoring Mechanisms Our services include reviewing fund allocations, expenditure tracking, beneficiary verification, asset inspection, community consultations, and compliance checks as per government audit mandates. We work closely with Gram Panchayats, Block Development Offices, and NGOs to collect accurate data, evaluate the quality of works, and assess transparency in scheme execution. Beyond audit reporting, we provide advisory on strengthening internal control mechanisms, improving documentation processes, and enhancing participatory governance at the local level. Our Social Audits empower communities while ensuring that welfare schemes deliver real impact with transparency and accountability. FAQ Frequently Asked Questions (FAQs) What is a Social Audit and why is it important? A Social Audit is an accountability tool that involves verification of government schemes at the grassroots level by engaging beneficiaries and stakeholders to ensure proper fund utilization and transparency. Which schemes require mandatory Social Audits? Schemes like MNREGA, PMAY, NRLM, Mid-Day Meal Scheme, and other central/state-sponsored welfare programs mandate periodic Social Audits as per government guidelines. How is a Social Audit different from a Financial Audit? While Financial Audits focus on numerical accuracy of accounts, Social Audits emphasize field-level verification, beneficiary participation, and evaluating the actual delivery of benefits and assets. Do you assist in conducting Gram Sabha Public Hearings during Social Audits? Yes, we facilitate public hearings, compile community feedback, and document social audit observations as per required formats. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Expert Audit & Advisory Services for Municipal Corporations, Urban Local Bodies, and Civic Projects. Municipal Corporation Audits – Ensuring Accountability & Transparency in Urban Governance Municipal Corporations and Urban Local Bodies (ULBs) are entrusted with significant responsibilities for urban development, civic amenities, and infrastructure projects. Given their crucial role in public service delivery and substantial fund allocations, regular audits are mandated to ensure financial propriety, regulatory compliance, and efficient utilization of resources. We specialize in conducting comprehensive Municipal Corporation Audits, focusing on financial, compliance, and performance audits for Urban Local Bodies, Municipal Corporations, and Nagar Parishads. Our audits are aimed at enhancing accountability, streamlining financial management, and ensuring adherence to government norms and public accountability standards. Financial Audit of Accounts in Compliance with Municipal Acts & State Guidelines Verification of Fund Utilization for State/Central Sponsored Urban Projects Audit of Revenue Streams (Property Tax, Fees, Licenses, User Charges) Expenditure Audits Including Procurement & Tendering Compliance Review of Internal Control Systems & Governance Mechanisms Drafting Responses to CAG Audit Observations & Reports Representation Support During Audit Queries & Inspection Proceedings Our audit services encompass verification of fund utilization (state grants, central grants, and local revenues), review of budgetary controls, audit of revenue collections (property tax, user charges), expenditure audits, compliance with municipal acts, and assessment of internal controls and governance structures. We also conduct project audits for urban infrastructure development and smart city initiatives. Beyond statutory audits, we assist Municipal Corporations in audit preparation, documentation support, drafting replies to audit queries, and advisory on improving financial reporting systems. Our audit process is designed to strengthen transparency, mitigate financial irregularities, and foster better governance in civic bodies. FAQ Frequently Asked Questions (FAQs) Why are Municipal Corporation Audits important? Audits ensure that public funds allocated to Municipal Corporations are utilized efficiently, comply with regulations, and promote transparency and accountability in urban governance. Who mandates audits for Municipal Corporations? Audits are mandated by State Governments, Local Fund Audit Departments, Comptroller & Auditor General (CAG), and various urban development agencies overseeing public fund utilization. What are the key areas covered in a Municipal Audit? Key focus areas include fund utilization, revenue collections, expenditure verification, procurement processes, internal controls, compliance with municipal laws, and performance audits of civic projects. Do you assist in handling audit observations and compliance reports? Yes, we assist in drafting responses to audit queries, preparing compliance reports, and supporting Municipal Corporations during inspections and review proceedings.   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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Expert Assistance in Handling CAG Empaneled Audits for Public Sector Enterprises, Autonomous Bodies & Government Projects. CAG Audits – Statutory Audit & Compliance Support for Government Bodies & PSUs The Comptroller and Auditor General of India (CAG) is entrusted with auditing the accounts of Union and State Governments, Public Sector Undertakings (PSUs), Autonomous Bodies, and Government-funded projects. CAG Audits are comprehensive statutory audits aimed at ensuring financial propriety, compliance with applicable laws, and efficiency in the use of public resources. We specialize in conducting CAG Audits for PSUs, Government Corporations, Urban Local Bodies, Autonomous Institutions, and projects receiving Government grants. Being a CAG Empaneled Firm, we bring deep expertise in adhering to statutory requirements, audit methodologies, and reporting frameworks as prescribed by CAG. Statutory Financial Audit in Compliance with CAG Guidelines Verification of Utilization of Government Grants & Funds Review of Internal Controls, Regulatory Compliance & Statutory Deductions Conducting Performance Audits to Assess Operational Efficiency Representation Support During CAG Inspections & Field Audits Drafting Responses to CAG Audit Observations & Reports Advisory on Strengthening Governance & Transparency Standards Our services include financial audits, compliance audits, performance audits, and special audits as directed by CAG. We ensure that financial statements are accurately prepared, all statutory deductions (GST, TDS, PF, etc.) are properly accounted for, internal controls are evaluated, and discrepancies are addressed proactively before audit observations escalate. Additionally, we assist clients in audit preparation, representation during CAG inspections, drafting replies to audit observations, and ensuring timely compliance with audit recommendations. Our structured audit approach ensures that PSUs and Autonomous Bodies maintain high levels of transparency, accountability, and governance. FAQ Frequently Asked Questions (FAQs) What is a CAG Audit and who requires it? CAG Audits are statutory audits conducted by the Comptroller & Auditor General of India for Government Departments, PSUs, Autonomous Bodies, and entities receiving significant government grants. Can private firms like NGOs or Co-operatives be subject to CAG audits? Yes, if they receive substantial government funding or grants, they may come under the purview of CAG audits to ensure proper utilization of public funds. How does a CAG Audit differ from a statutory company audit? While statutory audits under Companies Act focus on true & fair view of financials, CAG audits go deeper into compliance with government norms, fund utilization, performance evaluation, and adherence to public accountability standards. Can you assist in drafting replies to CAG Audit observations? Absolutely. We assist clients in drafting well-structured replies with necessary documentation and justifications to address audit queries raised by CAG. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Comprehensive Audit Solutions for Startups to Ensure Compliance, Investor Confidence, and Scalable Growth. Startup Audits – Building Financial Integrity & Compliance from Day One Startups operate in a dynamic and fast-paced environment where maintaining financial discipline, regulatory compliance, and transparent reporting is crucial for long-term success. Startup Audits are designed to assess the financial health of the business, ensure statutory compliance, and prepare the company for funding, scalability, and stakeholder trust. We specialize in conducting audits for early-stage and growth-stage startups. Our audit approach focuses not only on financial statement accuracy but also on evaluating internal controls, statutory compliances (Income Tax, GST, Companies Act), and readiness for investor due diligence. Statutory Audit of Financial Statements as per Companies Act Review of Internal Controls & Financial Reporting Processes Compliance Checks for GST, Income Tax, TDS, and ROC Filings Assistance in Investor Due Diligence & Fundraising Preparations Identification of Process Gaps & Recommendations for Scalability Advisory on Financial Discipline & Compliance Readiness We assist startups in building robust financial reporting systems, implementing effective internal controls, and ensuring compliance with ROC filings, tax returns, TDS, and other regulatory obligations. Our audits provide management and investors with assurance that the financial records reflect the true financial position of the company. Beyond statutory audits, we help startups prepare for funding rounds, due diligence reviews, and scale-up operations by identifying potential risks, process gaps, and areas of financial improvement. Our proactive audit support strengthens governance, enhances credibility, and fosters smoother investment and compliance journeys. FAQ's Frequently Asked Questions (FAQs) Why are audits important for startups? Audits help startups establish financial transparency, ensure regulatory compliance, and build trust with investors, lenders, and stakeholders, which is crucial for growth and funding. Are statutory audits mandatory for startups? Yes, startups registered as Private Limited Companies under the Companies Act must undergo statutory audits annually, irrespective of turnover. How do startup audits help in investor funding? Audited financials provide investors with confidence in the company’s financial health, governance, and risk management, thus facilitating smoother funding rounds. What are the key areas covered in a startup audit? Financial statement verification, internal control assessments, tax & statutory compliances, documentation review, and operational process evaluations. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more

Specialized Audit Solutions for Trusts, Societies & NGOs to Uphold Accountability and Regulatory Compliance. Trust & NGO Audits – Ensuring Transparency, Compliance & Donor Confidence Trusts, Societies, and Non-Governmental Organizations (NGOs) operate with a social responsibility to utilize public funds and grants for intended charitable purposes. Transparent financial reporting, regulatory compliance, and proper fund utilization are critical to maintaining the credibility of such entities. Trust & NGO Audits play a vital role in ensuring accountability and governance. We specialize in conducting audits for Trusts, Societies, and NGOs registered under the Indian Trust Act, Societies Registration Act, and Section 8 Companies under the Companies Act. Our audit approach ensures compliance with statutory requirements such as Income Tax Act (12A, 80G), FCRA (Foreign Contribution Regulation Act), and regulatory disclosures. Verification of Donor Fund Utilization & Project-wise Expense Mapping Review of Financial Statements & Regulatory Compliances Compliance with Income Tax Provisions (12A, 80G Registrations) FCRA Compliance Audit for Foreign Funding Recipients Evaluation of Internal Controls, Documentation & Governance Practices Preparation of Audit Reports for Donors, Trustees & Authorities Our audits involve a comprehensive review of financial statements, donor fund utilization, adherence to objectives laid out in trust deeds or society bylaws, and compliance with applicable laws. We also assist in preparing audit reports for submission to governing authorities, donors, and funding agencies. By partnering with us, NGOs and Trusts can ensure financial transparency, build donor confidence, and mitigate risks of regulatory non-compliance. Our experience in the not-for-profit sector enables us to provide practical insights that strengthen governance and improve financial control mechanisms. FAQ's Frequently Asked Questions (FAQs) Are audits mandatory for Trusts and NGOs? Yes, audits are mandatory under Income Tax Act provisions for Trusts and NGOs to avail exemptions and maintain donor credibility. NGOs receiving foreign funds must also comply with FCRA audit requirements. What is covered under a Trust/NGO audit? Audit covers verification of financial statements, donor fund utilization, compliance with trust/society objectives, statutory filings (12A, 80G), and FCRA reporting (if applicable). Do NGOs need to maintain separate accounts for each project? Yes, proper accounting of project-wise receipts and expenditures is crucial to ensure transparency, accountability, and donor reporting. How do Trust & NGO audits build donor confidence? Audited financials provide assurance to donors that funds have been utilized responsibly and as per the intended objectives, thus enhancing credibility and trust. 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 FCA, DISA Let’s Talk Reach out to our team  we’re here to assist you with audit, tax, and advisory solutions. Contact Now Explore More Services Audit & Assurance Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more Income Tax Comprehensive tax planning, filing, and representation for individuals and businesses. Read more GST Specialized GST compliance, advisory, and litigation support tailored to your needs. Read more Project Finance Financial structuring, viability analysis, and advisory for infrastructure and capital projects. Read more RBI Empaneled Services Trusted statutory auditors for RBI-regulated entities, ensuring compliance and risk control. Read more Corporate Compliance with MCA Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more IPO Management Services Ensuring transparency, accuracy, and regulatory compliance through expert audits. Read more