Audit & Assurance Services

Credibility & Compliance Through Independent Auditing

Auditing is not just a statutory obligation; it is a critical process to establish the financial health, governance standards, and operational credibility of your business before lenders, shareholders, and tax regulators. C S Kakkad & Associates delivers independent and robust audit services that ensure your financial statements represent a true and fair view.

Our Auditing Capabilities

We provide several specialized audit structures based on regulatory requirements and business objectives:

• Statutory Audits: Conducting mandatory year-end audits for private limited companies, LLPs, and public trusts as required under Indian corporate law.
• Tax Audits: Formulating audit reports under Section 44AB of the Income Tax Act, 1961, verifying business turnover limits, and preparing Form 3CD.
• Internal Audits: Reviewing company processes, accounting records, and operational methods to identify leakages, improve internal check structures, and mitigate corporate risks.
• Stock & Bank Audits: Executing stock verification and credit monitoring audits empanelled by commercial banks to evaluate working capital security.
• GST Audits & Reconciliations: Assisting businesses with reconciliation reports under Form GSTR-9C to align accounts with periodic GST filings.

Our Auditing Methodology

Our audit process is structured to be thorough, transparent, and non-disruptive:

1. Planning & Risk Analysis: Understanding your business cycle, transactions, and risk areas to draft a focused audit program.
2. Field Verification & Substantive Testing: Reviewing journal vouchers, ledger tallies, bank statements, asset verifications, and compliance filings.
3. Discussion & Draft Report: Aligning with the management on internal control gaps, adjustments, and draft audit findings.
4. Final Sign-off: Issuing the audit report with UDIN (Unique Document Identification Number) to comply with ICAI regulations.