Audit & Assurance

Auditing Environmental, Social, and Governance (ESG) Initiatives & CSR Programs with Accountability and Transparency. ESG & CSR Audits – Ensuring Responsible Business Practices and Compliance Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) have become essential pillars of sustainable business operations. Organizations are increasingly expected to operate responsibly, minimize environmental impact, contribute to social causes, and maintain strong governance standards. ESG & CSR Audits provide assurance that such initiatives are effective, compliant, and transparent. We conduct thorough ESG & CSR Audits that assess the effectiveness of an organization’s sustainability initiatives, adherence to legal requirements, and alignment with global ESG standards. Our audits help organizations ensure their CSR spends are compliant with the Companies Act, 2013 (Section 135) and that their ESG disclosures reflect true and fair reporting. Verification of CSR fund allocations & utilization as per Companies Act guidelines Review of CSR policy, project selection, and impact documentation Assessment of ESG disclosures, sustainability reports & risk management practices Evaluation of governance structures, ethical practices, and stakeholder engagements Compliance checks with SEBI’s Business Responsibility and Sustainability Reporting (BRSR) Providing improvement suggestions for transparent and impactful ESG practices Our audit methodology includes reviewing CSR project documentation, fund utilization, impact assessments, and ESG reporting frameworks. We assess how organizations manage environmental risks, workplace practices, community engagements, and corporate governance policies. The objective is to ensure transparency, mitigate reputational risks, and enhance stakeholder trust. By partnering with us, companies benefit from an independent evaluation of their ESG & CSR initiatives, ensuring compliance, improving sustainability performance, and building a strong ethical business image in front of regulators, investors, and society at large. FAQ's Frequently Asked Questions (FAQs) Is CSR Audit mandatory for all companies? CSR audits are not legally mandated; however, companies falling under CSR applicability (Section 135 of Companies Act) must ensure fund utilization is properly accounted for, and many organizations voluntarily conduct audits for transparency. What is covered under an ESG Audit? An ESG audit reviews a company’s environmental policies, social impact initiatives, governance practices, regulatory compliances, and sustainability reporting in alignment with global standards. How does an ESG/CSR audit benefit my company? It enhances credibility with stakeholders, ensures legal compliance, identifies gaps in sustainability efforts, and boosts investor confidence through transparent reporting. Are ESG audits required for listed companies in India? While not mandatory, listed entities are required to make ESG-related disclosures (BRSR) as per SEBI guidelines. An ESG audit ensures the disclosures are accurate and compliant. 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 Review of Business Systems & Processes for Robust Compliance and Streamlined Operations. System & Process Audits – Strengthening Controls and Enhancing Operational Efficiency System & Process Audits focus on evaluating an organization’s internal workflows, control mechanisms, and IT systems to ensure operational efficiency, compliance, and risk mitigation. These audits assess whether existing processes are aligned with the organization’s objectives, regulatory requirements, and industry best practices. We conduct in-depth system and process audits that identify inefficiencies, control gaps, process redundancies, and risks that can impact an organization’s performance. Our audits cover business-critical areas like procurement, sales, inventory management, IT systems, HR processes, and financial reporting workflows. Process Mapping & Workflow Documentation across business functions Evaluation of Internal Control Mechanisms & SOP Compliance Identification of Process Gaps, Inefficiencies & Risk Exposures Review of IT Systems, Data Integrity & Process Automation Controls Recommendations for Process Re-engineering & Control Strengthening Post-Audit Assistance in Implementation of Process Improvements Our audit approach involves mapping existing processes, evaluating control frameworks, and assessing compliance with internal SOPs and external regulatory requirements. We analyze data flows, system integrations, and operational metrics to pinpoint areas of improvement and recommend process re-engineering where required. By conducting system and process audits, organizations gain a clear understanding of their operational strengths and weaknesses, enabling them to optimize workflows, improve compliance, reduce risks, and achieve better resource utilization, ultimately enhancing overall organizational performance. FAQ's Frequently Asked Questions (FAQs) What is the objective of a System & Process Audit? The main objective is to assess the effectiveness of business processes, identify control gaps, streamline workflows, and enhance overall operational efficiency and compliance. Which areas are typically covered in a Process Audit? Core areas include procurement, inventory, sales, production, HR, IT systems, financial reporting processes, and compliance frameworks. How are System Audits different from IT Audits? System audits cover the evaluation of business processes and workflows, while IT audits specifically focus on information systems, data security, and IT governance. Who should consider a System & Process Audit? Growing businesses, companies undergoing digital transformation, and organizations facing operational bottlenecks or compliance issues should conduct these audits regularly. 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 Due Diligence to Mitigate Risks and Ensure Informed Business Transactions. Due Diligence Reviews – Financial, Legal & Operational Insights for Informed Decisions Due Diligence is a critical investigative review conducted prior to mergers, acquisitions, investments, or strategic partnerships. It involves a thorough evaluation of a target company’s financial health, legal standing, operational efficiency, and compliance status to help investors and stakeholders make informed decisions and mitigate potential risks. We offer comprehensive Due Diligence services covering financial, legal, tax, and operational aspects. Our multi-disciplinary approach ensures a 360-degree review of the target entity’s assets, liabilities, contracts, financial performance, and statutory compliances, providing clients with a clear picture of the potential risks and opportunities involved. Tax Due Diligence covering direct & indirect taxes, pending litigations Detailed review of financial statements, audit reports, and cash flows Legal document review contracts, agreements, licenses, compliances Assessment of operational processes, internal controls & key business metrics Identification of hidden liabilities and contingent obligations Preparation of Due Diligence Reports with risk flags & recommendations Our due diligence process includes analyzing financial statements, scrutinizing tax records, reviewing legal contracts, evaluating compliance with applicable laws, and assessing internal control systems. We identify hidden liabilities, contingent risks, regulatory non-compliance, and any red flags that may impact the transaction or future business operations. Whether you’re acquiring a company, making an equity investment, or entering into a joint venture, our Due Diligence Reviews provide you with detailed reports, risk assessments, and actionable insights, enabling you to negotiate better, avoid surprises, and ensure smooth deal closures. FAQ Frequently Asked Questions (FAQs) What is the primary objective of Due Diligence? The objective is to assess the financial, legal, and operational position of a business before a transaction to uncover risks, validate information, and support informed decision-making. When is a due diligence review typically conducted? Due Diligence is usually conducted before mergers & acquisitions, strategic partnerships, private equity investments, or major financing deals. What are the key areas covered in a Due Diligence Review? Key areas include financial analysis, tax compliance, legal contracts, regulatory adherence, operational efficiency, and internal control assessments. How does Due Diligence help in negotiations? By identifying potential risks, hidden liabilities, and compliance gaps, due diligence empowers buyers/investors to negotiate better terms or seek corrective actions before deal closure. 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 Inventory Accuracy, Process Efficiency, and Risk-Free Stock Management. Stock Audits – Inventory Verification & Process Control Reviews Stock Audits, also known as Inventory Audits, are critical for businesses that rely heavily on stock management and inventory controls. They help verify the physical existence of stock, assess its valuation, and ensure that inventory records are accurate and in sync with the financial statements. We offer comprehensive stock audit services for manufacturers, traders, retailers, and warehouses. Our audit process covers physical verification of inventory, checking stock movement records, valuation as per applicable accounting standards, and assessing compliance with internal controls and bank guidelines. Physical verification of inventory at warehouses, godowns, and retail outlets Reconciliation of physical stock with stock registers & ERP records Valuation of stock as per AS/Ind AS and bank guidelines Assessment of inventory control systems, SOP adherence, and risk exposures Reporting of stock discrepancies, pilferage, wastage, and obsolete stock Preparation of Stock Audit Reports for management & bank submissions We conduct stock audits for companies as a regular internal control measure as well as for external reporting requirements such as bank stock statements, lending covenants, and due diligence assessments. Our objective is to identify discrepancies in stock records, detect pilferage or wastage, and suggest improvements in inventory management systems. With a structured audit methodology and industry-specific expertise, we help businesses maintain accurate inventory records, improve stock handling processes, and ensure that lenders and stakeholders receive reliable inventory data for decision-making. FAQ's Frequently Asked Questions (FAQs) Why is a stock audit important for businesses? Stock audits ensure inventory records are accurate, help in identifying losses, and validate stock values for financial reporting and compliance with lending institutions. Are stock audits mandatory for companies? While not legally mandatory for all, stock audits are often required by banks for businesses with fund-based or non-fund-based credit facilities, and are recommended for internal controls. How frequently should a stock audit be conducted? Stock audits can be conducted quarterly, half-yearly, or annually depending on business volume, industry practices, and lending institution requirements. What areas are typically covered in a stock audit? Stock audits cover physical verification, stock movement analysis, valuation methods, control checks, and compliance with internal stock handling procedures. 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

Optimizing Business Processes through In-Depth Operational Audits & Strategic Insights. Management & Operational Audits for Process Efficiency and Risk Mitigation Management and Operational Audits focus on evaluating an organization’s internal processes, workflows, and operational efficiencies. Unlike financial audits, these audits assess whether the business operations are aligned with strategic goals, internal policies, and best industry practices. They are critical for organizations looking to improve productivity, control costs, and enhance governance. we conduct detailed management and operational audits tailored to your business model. Our audits are designed to identify inefficiencies, redundancies, and control gaps within core business functions like procurement, production, sales, HR, and IT processes. The objective is to streamline workflows and ensure that resources are utilized optimally. Process Mapping & Workflow Analysis across departments Review of internal controls, SOP adherence, and compliance frameworks Monitoring credit sanctioning, disbursement, and documentation processes Identifying inefficiencies, bottlenecks, and cost leakages Risk assessment of operational functions & strategic processes Providing practical recommendations for performance improvement Post-audit follow-ups to ensure implementation of audit suggestions Our audit methodology involves a comprehensive review of operational SOPs, key performance indicators (KPIs), risk exposures, and internal control mechanisms. We provide actionable recommendations to improve process effectiveness, reduce wastage, and strengthen compliance with internal and external regulations. By partnering with us for management and operational audits, businesses gain valuable insights into process optimization, risk management, and strategic decision-making. Our independent assessment ensures that business operations are aligned with the company’s vision and contribute to sustainable growth. FAQ Frequently Asked Questions (FAQs) What is the main objective of a Management/Operational Audit? The primary goal is to evaluate business processes, assess operational efficiency, and recommend improvements that enhance productivity, cost-effectiveness, and risk control. How is an operational audit different from a statutory audit? Operational audits focus on business processes and internal controls, while statutory audits verify the accuracy of financial statements as per legal requirements. Which areas are typically covered in a management audit? Areas include procurement, production, inventory management, sales, HR processes, IT systems, and compliance with internal policies and SOPs. Who should consider conducting an operational audit? Businesses experiencing operational inefficiencies, rapid growth, or planning strategic expansions should conduct operational audits to strengthen their internal systems. 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

Uncovering Financial Irregularities with Detailed Forensic Audit Investigations. Forensic Audits – Fraud Detection, Investigation & Risk Mitigation Forensic Audits are specialized audits designed to investigate financial irregularities, detect frauds, and gather evidence for legal proceedings. These audits go beyond routine financial checks and involve deep-dive analysis into accounting records, transactions, and internal controls to identify manipulation, misappropriation, or any unethical financial practices. we offer comprehensive forensic audit services to organizations facing suspected frauds, mismanagement, or internal financial disputes. Our forensic team combines auditing expertise with investigative techniques to trace irregularities, quantify financial impacts, and document findings in a legally acceptable format. In-depth analysis of financial records & transactional data Tracing of fund diversion, asset misappropriation, and fraudulent activities Review of internal control lapses & process loopholes exploited for fraud Digital forensics and data analytics for complex investigations Preparing detailed forensic audit reports with evidence documentation Support during legal proceedings, inquiries & regulatory investigations Our forensic audits cover areas such as embezzlement, diversion of funds, inventory misstatements, financial statement frauds, and regulatory non-compliance. We employ data analytics, system audits, and transaction tracing methodologies to uncover the root cause of discrepancies and highlight lapses in internal controls. Whether you need evidence for internal action, regulatory reporting, or legal proceedings, our forensic audit reports provide detailed documentation, supporting evidence, and expert opinions that stand scrutiny in courts and tribunals. We also assist clients in strengthening their internal controls post-incident to prevent future fraud risks. FAQ Frequently Asked Questions (FAQs) What is a forensic audit and when is it required? A forensic audit is a detailed examination of financial records aimed at investigating fraud, financial irregularities, or disputes. It is required when there’s suspicion of financial misconduct or when legal evidence is needed. How is a forensic audit different from a regular audit? Regular audits focus on financial accuracy and compliance, whereas forensic audits aim to detect and investigate fraud, misappropriation, or financial manipulations in depth. What types of frauds can forensic audits detect? Forensic audits detect embezzlement, fund diversion, asset misappropriation, fictitious transactions, financial statement manipulations, and non-compliance with laws. Is forensic audit report admissible in court? Yes, forensic audit reports prepared with proper documentation, evidence, and expert analysis are admissible in courts, tribunals, and regulatory bodies. 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 Banking Compliance with RBI Norms through Comprehensive Statutory & Concurrent Audits. Bank Audits – Statutory & Concurrent Audit Services Banks play a critical role in the financial ecosystem, and maintaining compliance with RBI guidelines and financial accuracy is non-negotiable. Statutory and Concurrent Audits are essential tools that banks utilize to ensure adherence to regulatory requirements, early detection of irregularities, and maintaining the integrity of financial reporting. We are empanelled with RBI and several leading banks to conduct statutory branch audits and concurrent audits. Our audit teams are well-versed in RBI’s master circulars, banking compliance frameworks, and risk-based audit approaches that ensure effective coverage of critical banking operations. Detailed review of financial statements and RBI circular compliance NPA verification and provisioning audit as per IRAC norms Monitoring credit sanctioning, disbursement, and documentation processes Verification of KYC, AML, and regulatory reporting accuracy Continuous transaction audit in concurrent audit assignments Identification of process gaps and recommendations for control improvements Our Statutory Audits focus on verifying the accuracy of financial statements, NPA classification, provisioning norms, and compliance with RBI guidelines. On the other hand, our Concurrent Audits involve continuous transaction-level auditing to monitor real-time risks, detect operational lapses, and ensure that internal controls are effectively implemented. With a structured audit methodology, sector expertise, and a proactive reporting system, we assist banks in enhancing operational efficiency, improving compliance readiness, and building robust internal control systems that withstand regulatory scrutiny. FAQ Frequently Asked Questions (FAQs) What is the difference between Statutory Audit and Concurrent Audit for banks? Statutory Audit is an annual external audit to verify the accuracy of a bank’s financial statements, while Concurrent Audit is an ongoing audit of transactions to detect irregularities in real-time. Are statutory audits of bank branches mandatory? Yes, statutory audits of select bank branches are mandated by RBI to ensure financial reporting accuracy, especially for large branches handling significant advances. What is the primary scope of Concurrent Audits? Concurrent Audits focus on high-risk areas like loan disbursements, cash transactions, KYC compliance, and operational risk controls, ensuring timely detection of lapses. How do you ensure compliance with RBI guidelines during audits? Our audit process is aligned with the latest RBI Master Circulars, IRAC norms, and bank-specific internal policies to ensure 100% regulatory compliance. 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 Tax Compliance with Accurate Reporting and Risk-Free Assessments. Tax Audits under Income Tax Act (Section 44AB) Tax Audit under Section 44AB of the Income Tax Act, 1961 is a mandatory audit for businesses and professionals exceeding specified turnover or gross receipts thresholds. It aims to ensure that income and deductions are accurately reported, and tax laws are duly complied with. We provide comprehensive tax audit services that go beyond compliance. Our audits are designed to minimize tax risks, ensure accurate reporting, and prepare clients for smooth assessments by tax authorities. In-depth verification of books of accounts & financial statements Analysis of tax compliance, TDS, GST, and other statutory dues Identification of potential disallowances & rectifications Guidance during tax assessments & representation support Preparation & Filing of Form 3CA/3CB and Form 3CD We conduct detailed scrutiny of books of accounts, tax-related transactions, and applicable deductions. Our team ensures accurate computation of income, adherence to tax laws, and filing of audit reports (Form 3CA/3CB & 3CD) within prescribed timelines. With our robust tax audit processes, clients benefit from error-free filings, reduced risk of notices or penalties, and expert guidance in handling tax scrutiny and assessments. FAQ Frequently Asked Questions (FAQs) Who is required to undergo a tax audit under Section 44AB? Businesses with turnover exceeding ₹1 crore and professionals with receipts above ₹50 lakh must undergo a tax audit. (Thresholds may vary based on presumptive schemes.) What forms are used for filing tax audit reports? Form 3CA/3CB (Audit Report) and Form 3CD (Statement of Particulars) are filed electronically with the Income Tax Department. Can failure to file a tax audit report attract penalties? Yes, non-compliance can attract penalties under Section 271B of the Income Tax Act, which is 0.5% of turnover (max ₹1.5 lakh). How does a tax audit benefit my business? It ensures accurate tax reporting, avoids penalties, improves financial credibility, and provides expert guidance during assessments. 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

Proactive Internal Audits to Identify Risks, Streamline Processes, and Enhance Governance. Internal Audits for Strengthening Controls & Operational Efficiency Internal Audit is a vital process for assessing and improving an organization’s risk management, internal controls, and governance mechanisms. Unlike statutory audits, internal audits are focused on evaluating the effectiveness of operational processes and ensuring the organization functions efficiently and in compliance with policies. We conduct internal audits tailored to your business environment. Our audit approach is not limited to financial accuracy but extends to operational performance, regulatory compliance, and system controls. We help businesses detect process inefficiencies, identify potential risks, and recommend actionable improvements. Risk-Based Audit Planning & Execution Comprehensive Review of Internal Controls & Processes Identifying Operational & Compliance Gaps Recommendations for Process Improvements & Efficiency Gains Regular Reporting & Follow-ups with Management Alignment with ICAI Internal Audit Standards (SIA) Our internal audit methodology is risk-based, focusing on high-impact areas like procurement, inventory management, financial reporting processes, IT controls, and regulatory adherence. We collaborate with management to ensure audit findings translate into measurable process improvements and risk mitigation strategies. By engaging our internal audit services, organizations benefit from independent assurance on the robustness of their internal systems. We help businesses strengthen operational workflows, enhance governance standards, and achieve business objectives with increased transparency and control. FAQ Frequently Asked Questions (FAQs) How is an internal audit different from a statutory audit? Internal audits are focused on assessing internal controls, processes, and risk management, while statutory audits are mandated by law to verify financial statements’ accuracy. Is internal audit mandatory for all companies? It is mandatory for certain classes of companies (as per Companies Act Section 138) but highly recommended for all growing businesses to ensure robust governance and controls. What areas are typically covered in an internal audit? Key areas include procurement, sales, inventory, financial controls, HR & Payroll processes, IT systems, and regulatory compliance reviews. How frequently should internal audits be conducted? Internal audits can be conducted quarterly, half-yearly, or annually based on business size, complexity, and regulatory needs. 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 statutory compliance with precision, integrity, and transparency. Statutory Audits under Companies Act A statutory audit is a mandatory financial examination required under the Companies Act, 2013 for companies registered in India. It ensures that a company’s financial statements are accurate, reliable, and compliant with regulatory frameworks. Statutory audits are critical for maintaining transparency in financial reporting and upholding stakeholder trust. We adopt a meticulous approach to statutory audits, blending regulatory compliance with a deep understanding of your business operations. Our audit methodology is designed not only to meet legal requirements but also to identify gaps in internal controls and highlight areas of financial or operational risk. In-depth understanding of client’s business processes and financial systems Risk-based audit planning and execution Verification of accounts and compliance with Companies Act provisions Identification of gaps in internal controls & recommendations Preparation of audit reports as per statutory norms Coordination with management for clarifications and rectifications Our statutory audit services cover a wide spectrum  from verifying the authenticity of financial records and transactions to ensuring compliance with applicable accounting standards and auditing guidelines issued by ICAI. We work closely with client management teams to ensure accurate financial disclosures that reflect the true financial position of the organization. With over 35 years of audit experience and empanelment with RBI, CAG, and leading banks, we ensure a smooth, efficient, and value-added statutory audit process. Our goal is to not only ensure compliance but also provide actionable insights that strengthen financial governance and foster stakeholder confidence. FAQ Frequently Asked Questions (FAQs) What is a Statutory Audit under the Companies Act? A statutory audit is a mandatory audit of a company’s financial statements, conducted to ensure accuracy and compliance with the Companies Act, 2013 and other regulatory requirements. Which companies are required to get a statutory audit done? All companies registered under the Companies Act, including Private Limited, Public Limited, Section 8 Companies, and LLPs (above threshold limits), must undergo a statutory audit annually. Who can conduct a Statutory Audit? Only a practicing Chartered Accountant or a CA Firm holding a valid Certificate of Practice (COP) and meeting Companies Act eligibility criteria can be appointed as a statutory auditor. What documents are required for a statutory audit? Primary documents include financial statements, ledgers, invoices, tax returns, bank statements, board meeting minutes, compliance reports, and other statutory records. 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