Audit & Assurance Services

Internal Audit

Internal audit is an independent, objective review of a company’s operations, internal controls, risk management processes and financial reporting. Unlike statutory or tax audit, internal audit is not mandated by law for most businesses, but it is one of the most valuable tools for management to identify weaknesses before they become costly problems.

We conduct internal audits for manufacturing units, service companies, NBFCs and corporates, covering process risks, financial controls, procurement reviews, and compliance gaps. The findings are presented to management with actionable recommendations, not just observations.

Mystery Audit

A mystery audit, also called a mystery shopping audit, is a covert evaluation of how a business delivers its service to customers. An auditor posing as a regular customer visits the outlet, branch or touchpoint and assesses the actual experience against the standards set by the management.

It is particularly relevant for retail chains, hospitality businesses, banks, showrooms and service franchises where customer experience is critical. Mystery audits reveal gaps in staff behaviour, service delivery, compliance with SOPs and brand standards that internal reviews often miss.

Stock Audit

A stock audit involves physical verification of inventory held by a business, matching actual stock on hand against book records. It is commonly mandated by banks and financial institutions for borrowers who have working capital loans (cash credit or overdraft limits) secured against stock.

Our stock audit service covers physical count, quality assessment, slow-moving and obsolete stock identification, valuation verification, and reconciliation with financial records. It gives lenders and management a reliable, independent picture of the actual inventory position.

Management Audit

A management audit evaluates the effectiveness, efficiency and decision-making quality of an organisation’s management. It is not about financial numbers, it is about whether the management structure, policies, systems and strategies are working as they should.

It is typically sought by boards, promoters, investors, or lenders who want an independent assessment of how well the organisation is being run. The findings help in identifying structural inefficiencies, accountability gaps and areas where management practices need improvement.

GST Audit

A GST audit involves a detailed examination of a taxpayer’s GST records, returns, ITC claims, and transactions to verify accuracy and compliance with the GST law. While the mandatory GST audit by a CA has been discontinued, the need for an independent GST assurance review has grown, especially in the face of increased departmental scrutiny, notice volumes and ITC mismatch issues.

We conduct GST audits for businesses that want to proactively identify discrepancies between their books and GST returns, verify ITC eligibility, check place of supply compliance, and ensure that the annual return (GSTR-9) is accurate before filing or before a departmental visit.

Grant Audit

A grant audit is an independent examination of how grant funds received by an organisation, typically an NGO, trust, research institution or government-aided body, have been utilised. Most grant providers, whether government agencies, international donors, or CSR contributors, require a grant audit before releasing further funds or at the end of a project cycle.

Our grant audit service verifies that the funds were spent in accordance with the terms of the grant agreement, that expenditures are properly documented, and that unspent funds are accounted for. The report is structured to meet the specific requirements of the grant provider.

Due Diligence

Due diligence is a comprehensive investigation of a business’s financial, legal, tax and operational affairs, typically conducted before an investment, acquisition, merger, or lending decision. It protects the buyer or investor from undisclosed liabilities, overvalued assets or hidden risks.

Our due diligence engagements cover financial due diligence (quality of earnings, working capital, net debt), tax due diligence (income tax and GST exposure), and regulatory compliance review. We work with private equity investors, strategic acquirers, and lenders who need a clear, honest picture of what they are getting into.

Trust & NGO Audit

Trusts, charitable societies and NGOs registered under Section 12A or 80G of the Income Tax Act are required to get their accounts audited in Form 10B or 10BB annually. This audit is mandatory for claiming exemption on income and for retaining registration status with the Income Tax Department.

Beyond the statutory requirement, donors and grant providers also require audited statements before releasing funds. Our team is experienced in auditing trusts and NGOs of all sizes, from small charitable bodies to large multi-project organisations, ensuring full compliance with both the Income Tax Act and the applicable trust or society law.

LLP Audit

Limited Liability Partnerships (LLPs) whose turnover exceeds Rs. 40 lakhs or whose capital contribution exceeds Rs. 25 lakhs in a financial year are required to get their accounts audited under the LLP Act, 2008. The audit must be conducted by a Chartered Accountant.

Our LLP audit service ensures accurate financial reporting, compliance with the LLP Act and applicable accounting standards, and timely filing of the audited financial statements with the Ministry of Corporate Affairs (MCA). For LLPs with foreign partners or cross-border transactions, we also cover the additional compliance dimensions involved.

Why Choose Our Audit Firm in Delhi?

Every audit and certification engagement we take on is handled with the same standard, complete independence, professional rigour and attention to what the engagement is actually meant to achieve. Our team works across industries and entity types, which means we bring practical sector knowledge to every assignment, not just technical compliance.

• Experienced team of Chartered Accountants across audit disciplines
• Sector knowledge across manufacturing, services, real estate, NGOs and financial services
• Timely delivery, we respect your deadlines, whether for filings or bank submissions
• Clear, well-structured reports that are easy for management and stakeholders to act on
• Fully independent, our opinions are never influenced by client preference