Audit and Assurance Services
At Karnani & Co., we deliver a comprehensive range of audit and assurance services to help businesses meet their financial reporting requirements, ensure regulatory compliance, and strengthen internal controls. Our team of experienced Chartered Accountants has an in-depth understanding of Indian audit regulations, assurance standards, and industry best practices.
Our Audit & Assurance Service Offerings
1. Statutory & Tax Audits
Statutory Audit under the Companies Act – Ensure compliance with statutory requirements while delivering accurate and transparent financial statements.
Tax Audit under the Income Tax Act – Conducted in line with Section 44AB to ensure accurate tax reporting and compliance.
2. Internal & Process Audits
Internal Audit – Identify operational risks, enhance efficiency, and strengthen internal controls.
Audit of Business Systems – Assess and improve system reliability and process effectiveness.
Concurrent Audit – Ongoing transaction reviews to detect irregularities in real-time.
3. Special Purpose & Certification Audits
Due Diligence – Comprehensive financial and compliance reviews for mergers, acquisitions, or investments.
Specific Purpose Audit – Tailored audits for grant utilization, project monitoring, or compliance checks.
Cash Flow Audit – Detailed review of inflows and outflows for financial health assessment.
Forensic Audit – Investigation of fraud, misappropriation, and financial irregularities.
4. Inventory & Branch Audits
Inventory Audit and Verification – Ensure accuracy of stock records and prevent losses.
Stock Audit – Independent verification of inventory levels and valuation.
Branch Office Audit – Compliance and performance checks for multiple business locations.
5. Assurance & Certifications
Assurances and Certifications – Independent verification for investors, lenders, and stakeholders.
Certifications under Tax Laws – Required certificates for GST, customs, and other tax compliances.
Certifications under Income Tax Laws – Section-specific certificates for income tax compliance.
Audit of Non-Profit Organizations – Ensure accountability, transparency, and compliance with statutory requirements.
Why Choose Us for Audit & Assurance
✔ Experienced team with expertise in multiple industries
✔ Transparent, ethical, and result-driven approach
✔ Tailored audit programs to suit your business size and sector
✔ Compliance with all applicable auditing standards in India
📞 Get in Touch
Whether you need a statutory audit, internal audit, or specialized assurance services, we are here to help. Contact us today to discuss your requirements and see how we can add value to your business.