Professional Audit Services India

Statutory, Tax, Internal & GST Audits by ICAI Registered Chartered Accountants - Ensuring Compliance & Accuracy Starting ₹15,000

1000+ Audits Completed
10+ Years Audit Experience
100% Compliance Assured

Why Choose Our Audit Services?

We provide thorough, professional audits that ensure compliance, identify risks, and add value to your business operations

ICAI Registered CAs

All audits conducted by qualified Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI).

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Comprehensive Approach

Detailed audit procedures covering all aspects of financial statements, internal controls, and compliance requirements.

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Risk Identification

Proactive identification of financial, operational, and compliance risks with actionable recommendations.

Timely Delivery

Audit reports delivered well before statutory deadlines to ensure timely compliance and filing.

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Industry Expertise

Experience auditing businesses across manufacturing, trading, services, IT, real estate, and more sectors.

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Value Addition

Beyond compliance - we provide insights to improve internal controls, efficiency, and financial management.

Our Audit Services

Statutory & Compliance Audits

Statutory Audit

• Mandatory for all companies
• Financial statement verification
• Compliance with Companies Act
• Audit report (CARO, etc.)
• Board meeting attendance
• Annual ROC filings support

Tax Audit (Form 3CD/3CB)

• Required under Section 44AB
• Turnover/receipt verification
• Tax compliance check
• Form 3CD reporting
• Expense disallowance analysis
• September 30th deadline

GST Audit

• Annual GST audit (Section 35(5))
• Turnover above ₹5 crores
• Input tax credit verification
• GST return reconciliation
• Compliance assessment
• Form GSTR-9C certification

Internal & Operational Audits

Internal Audit

• Operational efficiency review
• Internal control evaluation
• Fraud detection & prevention
• Process improvement suggestions
• Risk assessment
• Periodic reporting to management

Stock/Inventory Audit

• Physical stock verification
• Inventory valuation review
• Stock reconciliation
• Obsolete stock identification
• Stock management review
• Bank & lender requirements

Concurrent Audit

• Real-time transaction review
• Continuous monitoring
• Immediate error detection
• Fraud prevention
• Banking sector compliance
• Monthly audit cycles

Specialized Audits

Forensic Audit

• Fraud investigation
• Financial irregularity detection
• Legal proceeding support
• Evidence documentation
• Expert witness services
• Dispute resolution assistance

Bank Audit

• Loan sanction audit
• Working capital assessment
• Credit appraisal support
• Stock & book debt verification
• Financial health analysis
• Banker requirement compliance

Management Audit

• Organizational efficiency
• Management effectiveness
• Strategic planning review
• Performance evaluation
• Resource optimization
• Best practice recommendations

Audit Services Pricing

Transparent pricing based on company size, turnover, and audit scope

Statutory Audit

₹15,000+
Small Companies
  • Companies Act compliance
  • Financial statement audit
  • CARO reporting
  • Board meeting attendance
  • Audit report preparation
  • ROC filing support
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Tax Audit

₹20,000+
Form 3CD/3CB
  • Section 44AB compliance
  • Books of accounts review
  • Tax computation verification
  • Form 3CD preparation
  • Disallowance analysis
  • ITR filing support
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GST Audit

₹30,000+
Form GSTR-9C
  • Annual GST compliance
  • Turnover reconciliation
  • ITC verification
  • GSTR-9C certification
  • GST return review
  • Compliance assessment
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Internal Audit

₹25,000+
Per quarter
  • Process review
  • Internal control evaluation
  • Risk assessment
  • Fraud detection
  • Quarterly reports
  • Management recommendations
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Stock Audit

₹20,000+
Per audit
  • Physical verification
  • Inventory valuation
  • Stock reconciliation
  • Detailed audit report
  • Bank submission format
  • On-site verification
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Forensic Audit

₹50,000+
Customized scope
  • Fraud investigation
  • Financial analysis
  • Evidence collection
  • Detailed report
  • Expert testimony
  • Legal support
Get Quote

Who Needs Audit Services?

📋 Mandatory Audit Requirements in India

Statutory Audit Required For:

✓ All Private Limited Companies
✓ All Public Limited Companies
✓ LLPs with turnover > ₹40 lakhs or capital > ₹25 lakhs
✓ One Person Companies (OPC)
✓ Section 8 Companies (NGOs)
✓ Companies under specific acts

Tax Audit Required For:

✓ Business turnover > ₹1 crore
✓ Professional receipts > ₹50 lakhs
✓ Turnover > ₹10 crores (presumptive)
✓ Opting out of presumptive taxation
✓ Loss reporting businesses
✓ Section 44AB applicability

GST Audit Required For:

✓ Annual turnover > ₹5 crores
✓ Registered GST taxpayers
✓ Form GSTR-9C filing
✓ Input tax credit verification
✓ Reconciliation statement
✓ December 31st deadline

Internal Audit Recommended For:

✓ Growing businesses
✓ Multiple branch operations
✓ High-value transactions
✓ Cash-intensive businesses
✓ Fraud prevention needs
✓ Process improvement focus

Stock Audit Required For:

✓ Bank loan requirements
✓ Working capital facilities
✓ Inventory financing
✓ Insurance claims
✓ Lender due diligence
✓ Periodic verification needs

Forensic Audit Needed For:

✓ Suspected fraud cases
✓ Financial irregularities
✓ Legal disputes
✓ Insurance claims
✓ Partner disputes
✓ Regulatory investigations

Our Audit Process

Systematic, thorough, and professional audit methodology

1

Planning

Understanding business, assessing risks, and planning audit scope and procedures

2

Document Collection

Requesting and collecting financial statements, records, and supporting documents

3

Testing & Verification

Conducting audit tests, verifying transactions, and examining internal controls

4

Analysis

Analyzing findings, identifying discrepancies, and assessing compliance status

5

Discussion

Discussing observations with management and obtaining clarifications

6

Reporting

Preparing detailed audit report with findings, recommendations, and compliance status

Benefits of Professional Audit

Compliance Assurance

Ensure full compliance with Companies Act, Income Tax Act, GST Act, and other regulatory requirements.

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Error Detection

Identify and correct errors in financial records before they become major issues or attract penalties.

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Fraud Prevention

Systematic audit procedures act as deterrent to fraud and help detect irregularities early.

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Stakeholder Confidence

Audited financial statements enhance credibility with investors, lenders, and business partners.

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Better Decision Making

Reliable financial information enables management to make informed strategic decisions.

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Process Improvement

Audit recommendations help improve internal controls, efficiency, and financial management.

📌 Audit Preparation Tips:

  • Maintain Proper Records: Keep all financial documents, invoices, and receipts organized
  • Regular Reconciliation: Reconcile bank accounts, debtors, and creditors monthly
  • Timely Books Closure: Close your books of accounts promptly after year-end
  • Documentation: Maintain proper documentation for all significant transactions
  • Internal Controls: Implement basic internal controls and segregation of duties
  • Early Engagement: Engage auditors early to ensure timely completion

Frequently Asked Questions

What is the cost of audit services?
Statutory audit starts at ₹15,000 for small companies and goes up to ₹1 lakh+ for large companies. Tax audit ranges from ₹20,000-50,000. GST audit starts at ₹30,000. Internal audit costs ₹25,000-100,000 per quarter. Final pricing depends on company size, turnover, transaction volume, and audit scope.
Which companies require statutory audit?
All Private Limited Companies, Public Limited Companies, One Person Companies (OPC), and Limited Liability Partnerships (LLPs) with turnover exceeding ₹40 lakhs or capital contribution exceeding ₹25 lakhs require statutory audit as per Companies Act 2013 and LLP Act 2008.
What is the difference between statutory audit and tax audit?
Statutory audit is mandatory under Companies Act for companies to verify financial statements and ensure compliance with accounting standards. Tax audit is required under Section 44AB of Income Tax Act for businesses exceeding specified turnover limits to verify accounts and tax computations. Both serve different regulatory purposes.
When is tax audit required?
Tax audit is required if business turnover exceeds ₹1 crore (₹10 crore if 95% receipts are digital and payments are digital), professional receipts exceed ₹50 lakhs, or when opting out of presumptive taxation. The audit report (Form 3CD/3CB) must be filed by September 30th of the assessment year.
How long does an audit take?
A typical statutory audit takes 2-4 weeks depending on company size, record quality, and complexity. Tax audit takes 1-2 weeks. GST audit requires 1-3 weeks. Internal audit duration varies based on scope. We ensure timely completion to meet all compliance deadlines.
What documents are needed for audit?
Required documents include: Financial statements (P&L, Balance Sheet), Trial Balance, Bank statements, Cash books, Sales & purchase registers, Stock statements, Tax returns (ITR, GST), TDS certificates, Fixed asset register, Loan documents, and supporting vouchers/invoices.
Can you handle audit for multiple locations?
Yes, we conduct audits for companies with multiple branches, warehouses, and locations across India. We have a network of associated CAs in different cities and use technology for efficient multi-location audit coordination and reporting.
What is included in the audit report?
The audit report includes: Auditor's opinion on financial statements, CARO reporting (for companies), observations and qualifications (if any), compliance status, internal control evaluation, and recommendations for improvement. Reports are prepared as per applicable auditing standards.
Do you provide support for audit queries?
Yes, we provide complete support for handling any queries from ROC, Income Tax Department, GST authorities, or banks regarding the audit report. We also assist in responding to statutory notices and compliance-related matters.
When should I appoint an auditor?
For companies, auditors should be appointed within 30 days of incorporation and thereafter at each AGM. For tax audit, it's advisable to appoint auditors by June-July to ensure timely completion before the September 30th deadline. Early appointment ensures smooth audit process.

Need Professional Audit Services?

Ensure compliance and gain valuable insights with our expert audit services!

Early Bird Offer: Book your statutory/tax audit before deadline and get 15% off!