Audit · Chennai
Audit & Assurance Services
Drive transparency and compliance with expertly executed audit practices that build trust with regulators, lenders, and investors.
What is audit & assurance?
Audit and assurance services independently verify the accuracy of a business's financial statements and internal controls. Beyond statutory obligation, a well-executed audit surfaces operational risks, strengthens lender and investor confidence, and gives management a clear, evidence-based view of the business. For current rules and procedures, see the ICAI — Standards on Auditing.
Our audit services
Statutory Audit
Independent audit of financial statements as mandated under the Companies Act.
Internal Audit
Ongoing review of internal controls, processes, and risk management.
Transfer Pricing Audit
Arm's-length pricing documentation and compliance for related-party transactions.
Tax Audit Under Income Tax Act
Audit under Section 44AB for businesses and professionals crossing prescribed turnover limits.
Forensic Audit
Investigation of suspected fraud, misappropriation, or financial irregularities.
Stock Audit
Physical verification and valuation of inventory for lenders and management.
Related services
FAQ
Frequently asked questions
Is statutory audit mandatory for my company?
Yes, every company registered under the Companies Act must have its financial statements audited annually, regardless of turnover or profit.
What triggers a tax audit under Section 44AB?
Businesses with turnover above ₹1 crore (₹10 crore with limited cash transactions) and professionals with gross receipts above ₹50 lakh generally require a tax audit — exact thresholds depend on current Income Tax provisions.
How long does a statutory audit take?
For a small to mid-sized company, a statutory audit typically takes 2–4 weeks depending on the state of your books and responsiveness to audit queries.
Do you conduct audits outside Chennai?
Yes, we conduct audits for clients across Tamil Nadu and pan-India, with fieldwork scheduled around your business calendar.
Get Started
Let's simplify your compliance.
Talk to a chartered accountant in Chennai today — no obligation, no jargon.