Audit & Assurance Services

PVA delivers a comprehensive suite of audit and assurance services designed to help organizations meet statutory obligations, enhance transparency, and strengthen the credibility of both financial and non-financial information. All engagements are executed in line with relevant auditing standards, regulatory requirements, and professional ethical practices.

1. Statutory Audit

Ensure full compliance with statutory requirements through a meticulous audit of your financial statements.

  • Conducting audits under the Companies Act, 2013 and other applicable regulations
  • Detailed examination of accounting records and supporting documents
  • Issuing an opinion on the fairness and accuracy of financial performance and position
  • Adherence to auditing standards and guidelines prescribed by ICAI

2. Tax Audit

Accurate, compliant, and timely tax audits to support statutory filing needs.

  • Execution of tax audits as mandated under Section 44AB of the Income Tax Act, 1961
  • Verification of incomes, deductions, and compliance with tax provisions
  • Preparation and submission of audit reports in Forms 3CA/3CB and 3CD
  • Guidance on tax disclosures and reporting requirements

3. GST Audit (Applicable based on threshold and regulatory conditions)

Gain clarity and compliance confidence with a structured GST audit approach.

  • Review and reconciliation of GST returns with financial records
  • Preparation and certification of the reconciliation statement and annual return (Form GSTR-9C)
  • Identification of compliance issues and recommendations for corrective action

4. Internal Audit

Optimize operations and strengthen internal controls with proactive internal audit services.

  • Assessment of internal control systems, risk management processes, and operational workflows
  • Review of financial and operational activities to ensure efficiency and compliance
  • Reporting of observations along with practical recommendations for improvement

5. Forensic Audit & Investigation

Detect irregularities, uncover fraud, and safeguard organizational integrity.

  • Forensic examination of financial data to identify discrepancies or suspicious activities
  • Analysis of fund flow, transaction patterns, and supporting evidence
  • Preparation of detailed investigation reports for management review or regulatory submission

6. Trust Audit

Specialized audit services for charitable and religious trusts.

  • Conducting audits as per the Bombay Public Trusts Act or other applicable laws
  • Verification of income, expenditure, and supporting documentation
  • Preparation of audit reports for submission to the Charity Commissioner or other authorities

7. Stock Audit

Accurate assessment of inventory for financial reporting, banking requirements, or internal control.

  • Physical verification of stock and evaluation of inventory records
  • Valuation of inventory as per applicable accounting policies and industry practices

8. Due Diligence Review

Make informed business decisions with comprehensive due diligence support.

  • Financial, tax, and legal due diligence for mergers, acquisitions, and investments
  • Review of critical financial ratios, liabilities, contracts, and operational risks
  • Delivering detailed due diligence reports to support negotiations and strategic decisions.
 
     
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