Details

At Tanmeetkaur Arora and Associates, Audit and Assurance Services are conducted with a focus on objectivity, compliance, and integrity. Our audit approach is designed to provide stakeholders with a clear understanding of an organization’s financial and operational standing while adhering to applicable statutory and regulatory frameworks.

Statutory Audit

A statutory audit is mandated under various laws for companies, LLPs, and other entities to ensure the accuracy and fairness of financial statements. We conduct audits in accordance with the standards issued by the Institute of Chartered Accountants of India (ICAI), ensuring:

• Verification of books of accounts and supporting documentation

• Compliance with the Companies Act and applicable reporting requirements

• Timely issuance of audit reports to support regulatory filings and disclosures

Income Tax Audit

Under Section 44AB of the Income Tax Act, certain taxpayers are required to get their accounts audited. Our services in this area include:

• Examination of books of account as per income tax provisions

• Preparation and submission of the tax audit report in Form 3CD

• Guidance on documentation, reporting timelines, and audit thresholds

Internal Audit

Internal audits help organizations assess internal controls, improve efficiency, and ensure process compliance. We provide:

• Risk-based internal audits tailored to the entity's operations

• Review of financial and operational processes

• Recommendations for control improvements and cost efficiencies

Scope and Benefits

Our Audit and Assurance Services are designed to:

• Enhance reliability of financial information for stakeholders

• Support compliance with statutory and regulatory requirements

• Identify risks and suggest improvements in internal systems

• Assist in corporate governance and accountability

Each audit engagement is carried out with due diligence and documented procedures, in accordance with professional standards.