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Practice

Assurance

Statutory audit, internal financial controls, and the technical accounting support that surrounds a capital raise or a GAAP transition.

SA 700 / SA 705 / SA 706

Statutory Audit

Independent audit of financial statements for companies under the Companies Act 2013, LLPs, and non-corporate entities, concluding in accordance with SA 700 series reporting requirements.

  • Risk-based audit planning and materiality determination
  • Substantive and controls-based testing across the audit cycle
  • CARO reporting for applicable companies
  • Ind AS technical positions, including revenue recognition and deferred tax
Sec 143(3)(i)

IFC / ICFR Audit Support

Support for management's assessment and the auditor's reporting on internal financial controls over financial reporting, including documentation, control matrix design, and testing of design and operating effectiveness.

  • Process walkthroughs and risk-control matrix documentation
  • Design and operating-effectiveness testing
  • Deficiency classification and remediation tracking
SEBI ICDR

IPO Readiness Assessment & Assistance

Readiness assessment ahead of a public offering — identifying gaps in financial reporting, internal controls, and disclosure processes against the standards a listed entity is expected to meet, and supporting the restatement and audit workstreams that follow.

  • Financial reporting and control gap assessment
  • Restated financial statements and disclosure readiness
  • Coordination with merchant bankers, legal counsel, and other IPO workstreams
Ind AS 101

Ind AS Migration

First-time adoption support for entities transitioning to Ind AS, including GAAP difference analysis, opening balance sheet preparation, and the process and system changes a transition requires.

  • GAAP difference analysis and impact assessment
  • Opening Ind AS balance sheet preparation
  • Accounting policy manuals and finance team training
Sec 44AB

Tax Audit

Tax audit reporting under Section 44AB of the Income-tax Act 1961, including Form 3CA/3CB and Form 3CD compliance.

LFAR

Bank & Branch Audit

Statutory branch audit and Long Form Audit Report (LFAR) engagements for scheduled bank branches, where mandated.