Audit & Financial Controls
Audits
We design our audit practice to withstand scrutiny from regulators, boards, and stakeholders. We conduct statutory audits in full compliance with the Companies Act and relevant accounting standards, along with focused tax audits that ensure adherence to the Income Tax Act. If you need ongoing oversight beyond an annual review, we offer internal and concurrent audits. These audits identify control weaknesses and process gaps in real time, allowing management to address issues before they escalate. Our GST audit services confirm that indirect tax positions, input credit claims, and return filings are ready for departmental review. Across all engagements, we combine technical rigour with a practical understanding of how our clients operate, so the audit delivers real value rather than just meeting compliance requirements.
Internal Financial Controls
Strong internal financial controls are essential for reliable financial reporting. We help organisations build, test, and continuously improve their internal financial controls (IFC). Our IFC audits evaluate both the design and operating effectiveness of controls related to financial reporting, which has become increasingly important for both listed and unlisted companies under Indian company law.
Beyond the audit itself, we conduct comprehensive reviews of internal controls and systems to identify areas where existing processes do not meet best practices. We then conduct structured verification of these controls to ensure that remediation efforts have effectively addressed the identified gaps. For organisations looking to adopt a more proactive approach, our risk-based audit method prioritises audit efforts based on actual business risks, rather than applying a uniform checklist across all functions.
Reporting & Convergence
As financial reporting frameworks continue to evolve both in India and globally, we help clients navigate these transitions confidently. Our team supports the convergence and adoption of Indian Accounting Standards (Ind-AS) for companies moving from Indian GAAP to the Ind-AS framework. We manage the technical complexities of this transition, as well as the practical challenges of restating prior periods and training internal finance teams.
For organisations with international reporting obligations, we offer support for International Financial Reporting Standards (IFRS) and US GAAP, ensuring consistency across jurisdictions for multinational clients and their subsidiaries. Our financial statement review services provide an additional layer of assurance before a formal audit or before sharing financials with lenders, investors, or parent companies. We also issue the necessary certifications to support statutory filings and regulatory submissions.
Special Audits
In some cases, we need more scrutiny than the standard audit cycle, and that is where our special audit services come in. We conduct investigations and special audits for management, boards, or external stakeholders to thoroughly examine specific concerns. We trace financial irregularities, assess their impact, and support any legal or disciplinary actions.
We help clients evaluate acquisitions, investments, or major business decisions by providing an independent, fact-based assessment of the target’s financial position. We also perform cost-savings analysis and review engagements to help organisations identify inefficiencies in spending and operations that a standard audit may not reveal.