Auditing and Assurance
Independent audit reports build stakeholder trust and fulfill statutory obligations seamlessly.
Overview & Regulatory Scope
Independent auditing ensures financial reporting integrity, deters internal fraud, and confirms compliance with legal frameworks. B Choudhary & Associates delivers risk-focused audit and assurance services. Our systematic audit approach evaluates internal controls, examines trial balance ledgers, assesses asset valuations, and provides authoritative audit reports relied upon by shareholders, banks, and regulatory bodies.
Key Strategic Benefits
Eligibility Criteria & Scope
- Companies registered under Companies Act 2013 (Mandatory annual Statutory Audit)
- Businesses with turnover exceeding ₹1 Crore / ₹10 Crore (with 95% digital payments) for Tax Audit
- LLPs with annual turnover exceeding ₹40 Lakhs or contribution exceeding ₹25 Lakhs
- Trusts, Societies, and NGOs receiving grants or tax exemptions under Section 12A/80G
Checklist of Required Documents
Step-by-Step Execution Workflow
Audit Planning & Engagement
Define audit scope, risk assessment matrix, materiality threshold, and audit calendar.
Substantive Testing & Internal Control Review
Verify vouchers, bank confirmations, inventory counts, and test IT system controls.
Audit Observations & Management Letter
Discuss draft audit findings with board management and resolve accounting disclosures.
Audit Report Issuance & E-filing
Issue Independent Auditor Report (Form 3CA/3CD / ADT-1) and submit to regulatory portals.
Transparent Retainer & Fee Packages
Select a standardized package or request a custom proposal.
Small Company Audit
₹14,999
Statutory audit for small companies and LLPs.
- Statutory Audit under Companies Act
- Auditors Report & Financial Notes
- Tax Audit Form 3CA/3CD (if applicable)
- Management Representation Letter draft
Medium Enterprise Audit
₹29,999
Comprehensive audit including CARO reporting & IFC evaluation.
- Full Statutory Audit & Tax Audit
- CARO 2020 Compliance Annexure
- Internal Financial Controls (IFC) review
- Stock & Fixed Asset verification sample
- Board Meeting advisory
Internal & Forensic Audit
Custom Scope
Tailored operational, internal control, or investigation audits.
- Quarterly / Bi-annual Risk-based Internal Audit
- Fraud investigation & forensic trail reconstruction
- Process improvement recommendations
- Presentation to Audit Committee
Service-Specific Questions
Common questions about Auditing and Assurance
Need Direct CA Assistance?
Book a 15-minute diagnostic call with our Senior Managing Partner to clarify regulatory rules, documents, and fee estimates.
Book ConsultationRelated Services You May Also Require
Income Tax Filing and Advisory
Maximize tax savings legally under New vs Old regimes and secure rapid refund processing.
- Comprehensive tax optimization comparing Old vs New tax regimes
- Timely computation of Advance Tax avoiding mandatory interest under 234B/234C
- Fast-track Processing of Income Tax Refunds directly into validated bank account
Accounting and Bookkeeping
Real-time financial visibility with automated, cloud-based bookkeeping and MIS analytics.
- Save up to 60% compared to hiring in-house senior accounting personnel
- Real-time financial dashboard on cloud platforms (Zoho Books, QuickBooks, Tally Prime)
- Strict monthly closing routines ensuring error-free statutory filings
MCA and ROC Compliance
Maintain 100% MCA compliance, safeguard director status, and avoid heavy ROC penalty surcharges.
- Zero penalty risk by avoiding ROC filing delays
- Protection of Director DIN status preventing disqualification under Section 164(2)
- Clean MCA master data boosting bank loan & VC funding due diligence score
Ready to Optimize Your Corporate Taxes & Safeguard Compliance?
Schedule a direct 1-on-1 consultation with our Senior Chartered Accountants. Get clear actionable insights for business incorporation, GST filings, and Virtual CFO services.