Audit and Assurance

Audit and assurance at the firm starts from the ledgers, GST returns and 26AS already on file. A tax audit under section 44AB and a statutory audit under the Companies Act are reports on those books. If the figure is built for the first time in September, the audit has become a reconstruction.

What this engagement covers

• Statutory audit of companies and, where applicable, other entities
• Tax audit and Form 3CD workings that follow the trial balance
• GST versus books and 26AS / AIS versus TDS claimed, before the report is signed
• Bank, stock and confirmation work required by the engagement
• Management letter on gaps the next year should not repeat

How we work

Planning starts with last year's report and this year's open reconciliations. PCMC clients who close GST and 26AS before the audit team arrives get an examination. Clients who do not get a reconstruction, and a longer calendar. The Bhosari practice keeps audit on the same file as virtual CFO so year-end is not the first close.

Who it is for

Companies and firms in Bhosari, Pimpri-Chinchwad and Pune that need an audit opinion a lender, a buyer or an officer can read without rebuilding the year.