Attestation, Audit & Assurance
Independent statutory audit, regulatory attestation, and governance assurance services delivered in strict conformity with the Companies Act 2013, the Income-tax Act, 2025 (and Income-tax Act, 1961), ICAI Standards on Auditing (SAs), SEBI BRSR guidelines, and RBI directives.
*All audit, attestation, and assurance services are conducted strictly in accordance with Standards on Auditing (SAs) issued by the Institute of Chartered Accountants of India (ICAI), Companies Act, 2013, and mandatory UDIN verification.
Comprehensive Audit & Assurance Services
From mandatory statutory financial reporting and 44-clause tax audits to SEBI BRSR Core ESG assurance, SAE 3402 technology controls, and forensic dispute investigations.
Statutory Financial Audit
Independent statutory examination under Section 139–148, 21-clause CARO 2020 reporting, IFCoFR evaluation, and MCA edit log audit trail verification.
Tax Audit & Certification
Statutory examination under Section 63 of Income Tax Act, 2025 (formerly Section 44AB of 1961 Act), Form 3CA/3CB reports, and 44-clause Form 3CD verification.
Internal Audit & Risk Governance
Risk-based internal audits, process walkthroughs, P2P/O2C cycle reviews, and comprehensive Risk Control Matrices (RCM) adhering to ICAI Standards on Internal Audit.
Concurrent & Bank Branch Audits
Real-time verification of banking operations, loan documentation, NPA classifications, revenue leakage detection, and Long Form Audit Reports (LFAR).
Stock & Inventory Audit
Independent physical inventory counting, slow-moving stock identification, warehouse cut-off procedures, and bank Drawing Power (DP) certifications.
Forensic & Fraud Investigation
Forensic accounting, digital transaction tracing, fund siphoning investigations, and Avoidance Transaction reviews (PUFE) under the Insolvency & Bankruptcy Code.
ESG & BRSR Core Assurance
Independent reasonable and limited assurance on Business Responsibility and Sustainability Reporting (BRSR) Core KPIs under SEBI (LODR) Regulations and ICAI standards.
Information Systems Audit
Technology governance audits, IT general controls (ITGC), application controls testing, and service organisation controls reports under SAE 3402.
Regulatory Compliance Audit
Secretarial compliance audits, foreign direct investment (FDI) reporting, ECB certifications, and regulatory due diligence for corporate transactions.
Revenue & Process Assurance
Revenue recognition testing under Ind AS 115, margin leakage diagnostics, unbilled revenue aging reviews, and contract profitability reconciliations.
Payroll & Labor Law Audit
Comprehensive audits of statutory employee deductions, PF/ESI reconciliations, Payment of Gratuity Act compliance, and executive compensation governance.
Assurance Engagement Execution Workflow
Structured execution under ICAI Standard on Quality Control (SQC 1) ensuring total independence, evidentiary rigor, and regulatory confidence.
Audit Planning, Scope & Risk Assessment
Understanding client entity structure, industry dynamics, evaluating internal control design, and determining materiality thresholds in accordance with ICAI SA 315 & SA 320.
Substantive Ledger & IFCoFR Testing
Executing substantive sample testing, verifying journal vouchers, testing Internal Financial Controls over Financial Reporting (IFCoFR), and auditing IT audit trails under Rule 11(g).
CARO 2020 & Form 3CD Compliance Review
Rigorous clause-by-clause scrutiny of CARO 2020 (all 21 clauses) and Form 3CD (all 44 clauses), reconciling books with GSTR-9C, AIS/TIS, and MSME vendor aging schedules.
Auditor's Report, UDIN & Board Presentation
Issuing the Independent Auditor's Report under SA 700/705, generating mandatory ICAI Unique Document Identification Numbers (UDIN), and presenting findings to the Audit Committee.
Audit & Regulatory Assurance Mandates
Comparative analysis of assurance frameworks comparing current statutory standards against legacy provisions.
| Assurance Practice Discipline | Current Governing Statute / New Act | Predecessor Law / Legacy Section | Statutory Compliance Mandate & Significance |
|---|---|---|---|
| Corporate Financial Audit | Sections 139–148 of Companies Act, 2013 & CARO 2020 | Legacy Companies Act, 1956 & CARO 2003 | Comprehensive true and fair view certification, 21-clause CARO reporting, IFCoFR testing, and mandatory edit log audit trail verification. |
| Direct Tax Audit Mandate | Section 63 of Income Tax Act, 2025 | Section 44AB of Income Tax Act, 1961 | Mandatory CA certification in Form 3CA/3CB and Form 3CD for businesses with turnover > ₹1 Cr (or ₹10 Cr if digital transactions ≥ 95%). |
| Statutory Internal Audit | Section 138 of Companies Act read with Rule 13 | Non-Statutory / Discretionary Internal Audit | Compulsory internal audit for listed companies and unlisted public companies meeting prescribed capital, turnover, or loan thresholds. |
| ESG & Sustainability Assurance | SEBI (LODR) Reg 34(2)(f) BRSR Core & SAE 3410 | Business Responsibility Reporting (BRR) | Mandatory reasonable/limited assurance on 9 ESG attributes for top listed entities by market capitalization. |
| Bank Concurrent & Branch Audits | RBI Master Directions on Concurrent Audit & LFAR | Historical RBI Annual Inspection Guidelines | Real-time operational checking, immediate reporting of high-value credit deviations, and comprehensive Long Form Audit Reports. |
| Forensic & Avoidance Audits | ICAI Forensic Accounting & Investigation Standards (FAIS) | Ad-hoc Investigation Reviews | Statutory evidentiary standards for PUFE transactions (Preferential, Undervalued, Fraudulent, Extortionate) under IBC 2016. |
UDIN & Official Portals
All audit reports and attestation certificates issued by our firm bear verified Unique Document Identification Numbers (UDIN) directly authenticatable on the ICAI UDIN Portal.
Frequently Asked Questions on Audit & Assurance
Statutory answers regarding Companies Act audits, CARO 2020 clauses, Section 63 (formerly Section 44AB) tax audits, and UDIN generation.
What is the mandatory MCA Audit Trail (Edit Log) requirement under Rule 11(g)?
What is the turnover threshold for mandatory Tax Audit under Section 63 (formerly Section 44AB)?
Why is an ICAI Unique Document Identification Number (UDIN) mandatory on all audit reports?
Which companies are required to conduct an Internal Audit under Section 138 of the Companies Act, 2013?
Office Addresses & Contact Details
Addresses, phone numbers and office hours for our head office in Nabha and our branch offices are listed on the Contact page.