Audit & Assurance Services under Companies Act
Trusted Audit. Clear Insights. Real Compliance.
Audit isn’t just about ticking boxes anymore. It’s about understanding your business, identifying risks early, and giving you clarity you can actually act on.
At N D Savla & Associates, we go beyond statutory requirements under the Companies Act, 2013. We help you build financial discipline, strengthen internal systems, and stay compliant without last-minute chaos.
Whether you're a startup, SME, or an established company, our audit approach is practical, structured, and aligned with how your business actually operates.
What We Do
Statutory Audit (Companies Act, 2013)
- Verification of financial statements
- Compliance with accounting standards (Ind AS / AS)
- Review of books and supporting documents
- Reporting under CARO
- Audit report issuance
Internal Financial Controls (IFC) Review
- Testing of financial controls
- Identification of control gaps
- Recommendations for improvement
- IFC reporting as per Companies Act
Internal Audit & Risk Assessment
- Process reviews across departments
- Risk identification and mitigation
- Operational efficiency checks
- Continuous monitoring
Tax Audit & Compliance Alignment
- Cross-checking with tax filings
- Identifying mismatches
- Ensuring audit readiness
Audit Readiness & Support
- Pre-audit checklist and documentation
- Books finalization support
- Coordination with teams
- Quick closure of audit queries
Why Clients Choose Us
Who We Work With
- Private Limited Companies
- LLPs transitioning to Companies
- Startups and funded businesses
- Manufacturing, service, and trading companies
- Multi-location businesses
Our Approach
How your operations actually work.
Risk-based audit strategy.
Detailed testing and verification.
Clear and actionable insights.
Helping you fix gaps.
F.A.Q.
A statutory audit is a mandatory audit of financial statements of a company to ensure they present a true and fair view and comply with the Companies Act, 2013 and applicable accounting standards.
Yes, every company registered under the Companies Act, 2013 must get its financial statements audited by a Chartered Accountant, irrespective of turnover or profit.
CARO (Companies Auditor’s Report Order) is an additional reporting requirement where auditors must provide specific disclosures on financial and operational aspects of a company.
IFC refers to processes and systems designed to ensure accuracy of financial reporting, prevention of fraud, and operational efficiency within a company.
Statutory audit is mandatory and focuses on financial statement accuracy, while internal audit is optional and focuses on improving processes, controls, and risk management.
Ideally, companies should start preparing for audit before the financial year ends by maintaining proper documentation, reconciling accounts, and ensuring compliance.
- Financial statements
- Ledger and trial balance
- Bank statements and reconciliations
- Invoices and supporting documents
- GST and tax filings
