Statutory Audit
A mandatory audit enforced by laws such as the Companies Act or other regulatory frameworks. We conduct these to provide an independent opinion on whether financial statements fairly present an entity's financial position
Tax Audit
Required under Section 44AB of the Indian Income Tax Act, Section 65 and Section 66 of the CGST Act, 2017, tax audits assess whether business or professional tax returns align with the law. They are mandatory for businesses exceeding a certain turnover; non-compliance can trigger penalties.
Forensic (Special) Audit
These audits are specialized investigations intended to detect fraud, embezzlement, or other financial misconduct. Unlike standard audits, forensic audits aim to gather evidence that can stand up in court. The process includes planning, evidence collection, detailed reporting, and possibly expert testimony.
Certification Services
We provide verification and attestation such as certification of financial statements, compliance reports, and other assertions to lend credibility and assurance to stakeholders.
Special Investigation Audit
This category overlaps with forensic audits and includes targeted engagements like financial investigations, due diligence, and regulatory inspections. Often conducted in response to specific concerns or red flags.
Statutory Audit of CHS (Cooperative Housing Societies)
While not widely documented, statutory audits for CHS are similar to statutory audits in other sectors. Legally mandated reviews of financial records to ensure transparency and regulatory adherence.
Township Audits
Audit service for township or large real estate developments, often involving:
- Verification of project revenues and expenses
- Compliance with regulatory and financial norms
- Review of project handover and accounting processes
There's limited standardized public documentation, but such audits typically mirror aspects of statutory, financial, and compliance audits tailored to real estate.
Builder Handover Audit
A specialized audit conducted when builders hand over property to buyers, ensuring:
- Alignment of billed amounts with actual cost incurred
- Verification of completion certificates, quality adherence, and compliance
- Assurance that handover terms meet contractual commitments
Inventory Audit
An inventory audit is a structured process to verify that a business's physical stock aligns accurately with its recorded inventory. This process helps ensure the reliability of financial statements and supports effective decision-making by confirming the true value and existence of inventory.
Fixed Assets Verification
Fixed asset verification involves validating that items recorded in the Fixed Asset Register (FAR) such as land, buildings, machinery, office equipment, vehicles, and IT assets actually exist, are owned, appropriately valued, and are accurately reflected in the financial statements.
Internal Audits
An independent, objective assurance and consulting activity that adds value by evaluating an organization's risk management, control, and governance processes. In India, internal audits may even be mandatory under the Companies Act for certain categories of firms.