Assurance Expert

Precision Audit
& Trust Services

Delivering data-driven insights and rigorous financial assurance for India’s leading organizations. Powered by Atul Chutani & Co.

Comprehensive Practice

Audit Solutions According to Compliance

Are you navigating complex compliance requirements? Our auditing services ensures your company meets all legal obligations under the Companies Act, 2013 and Income Tax Act.

Statutory Audit | Companies Act 2013

1. Statutory Audit Services in India

A mandatory financial examination required for companies, LLPs, and certain businesses in India. Conducted by a qualified Chartered Accountant, it verifies accuracy, internal controls, and compliance with laws like the Companies Act and Income Tax Act.

Our Statutory Audit Process

1. Planning & Scoping

Assess business size, industry, and risks.

2. Fieldwork & Testing

Review books and controls on-site/remote.

3. Reporting

Draft audit report & e-filing with MCA/ROC

4. Follow-Up

Guide on rectifications and preparations.

Recent Updates: Budget 2026 changes on extended reporting & penalties.

Information System | IT Audit

2. Information System (IS) Audit Services

Evaluates the security, reliability, and efficiency of your organization’s IT systems. Checks controls over hardware, software, data, and processes to prevent breaches and downtime.

Our IS Audit Process

1. Risk Assessment

Map IT environment, threats, and needs.

2. Testing & Evaluation

Penetration tests and log analysis.

3. Reporting

Remediation roadmap & executive summary.

4. Implementation

Help fix issues and build monitoring.

2026 Focus: Align with new DPDP rules on data localization.

Tax Audit | Section 44AB

3. Tax Audit Services in India

Mandatory under Section 44AB for businesses with turnover exceeding ₹1Cr (or ₹10Cr with < 5% cash). Verifies books, tax computations, and compliance with GST/TDS norms.

Our Tax Audit Process

1. Data Collection

Review books, invoices, and ledgers.

2. Verification

Check transactions and TDS compliance.

3. Reporting

Prepare 3CD report and audit remarks.

4. Advisory

Tax planning for the next Assessment Year.

2026 Update: New thresholds for digital transactions and AI scrutiny.

Internal Audit | Operational Efficiency

4. Internal Audit Services in India

Voluntary, independent review as per IIA standards. Focuses on internal processes, risk management, and operational improvements to uncover leaks and cut costs.

Our Internal Audit Process

1. Scoping & Planning

Align with goals, risks, and timelines.

2. Fieldwork

Test controls and sample transactions.

3. Analysis

Heat maps and prioritized findings.

4. Follow-Up

Track implementation of sustained improvements.

2026 Focus: Enhanced emphasis on supply chain audits and AI ethics.

IFC Audit | Section 143(5)

5. IFC Audit Services in India

Verifies effectiveness of controls over financial reporting. Critical for listed companies to comply with Section 143(5) and meeting SEBI requirements.

Our IFC Audit Process

1. Control Mapping

Document key processes and risks.

2. Testing

Walkthroughs and ITGC evaluations.

3. Reporting

Deficiencies and remediation plans.

4. Assurance

Auditor sign-off and presentation.

2026 Updates: Stricter CARO disclosures on fraud controls.