Audit and Assurance Services in Gurgaon | CA Audit Firm

Ensuring financial accuracy, statutory compliance, and robust risk management is vital for companies navigating India’s complex regulatory landscape. Whether mandated by the Companies Act, 2013, Income Tax Act, 1961, or internal corporate governance policies, an independent audit provides stakeholders, investors, and regulatory bodies with essential financial assurance.

At cadelhincr.com, we deliver comprehensive Statutory Audit, Internal Audit, GST Audit, and Corporate Financial Assurance Services in Gurgaon & Delhi-NCR. Led by experienced Chartered Accountants, our practice ensures high standards of audit quality, internal control verification, and strict compliance with Indian Accounting Standards (Ind AS) and ICAI auditing frameworks.

Core Corporate Audit & Assurance Services Offered

1. Statutory Financial Audit

• Companies Act Compliance: Conducting mandatory annual statutory audits under Section 139 of the Companies Act, 2013, to verify financial statements (Balance Sheet, P&L, Cash Flow).
• Ind AS / AS Reporting: Ensuring compliance with Indian Accounting Standards (Ind AS) or standard Accounting Standards (AS) based on net worth and turnover limits.
• Reporting on Internal Financial Controls (IFC / ICFR): Evaluating the design and operational effectiveness of internal financial controls to safeguard assets and prevent reporting errors.

2. Tax Audit (Section 44AB)

• Income Tax Compliance: Execution of mandatory tax audits under Section 44AB of the Income Tax Act for businesses exceeding statutory turnover thresholds.
• Form 3CD & 3CA/3CB Drafting: Detailed verification of disallowances, related-party transactions, TDS compliance, and filing statutory audit reports on the e-filing portal before statutory deadlines.

3. GST Audit, Reconciliation & Compliance Verification

• GSTR-9 & GSTR-9C Annual Reconciliations: Deep-dive reconciliation of GSTR-1, GSTR-3B, and audited financial books to detect tax shortfalls or ineligible Input Tax Credit (ITC) claims.
• Departmental Audit Defense (Form ADT-01): Supporting businesses during GST department audit proceedings under Section 65, including pre-audit record preparation and responding to audit spot memos.
• ITC & Vendor Compliance Review: Audit of vendor ledgers to ensure 100% GSTR-2B alignment and Section 16(2) compliance.

4. Internal Audit & Process Advisory

• Operational & Risk-Based Audits: Reviewing internal operational workflows, procurement-to-pay (P2P), order-to-cash (O2C), and payroll cycles to plug revenue leakage.
• Management & Special Audits: Conducting fraud risk assessments, stock/inventory audits, and fixed asset physical verification.
• Concurrent & Bank Audits: Verifying transaction flows and loan compliance for financial institutions and corporate borrowers.

Audit Coverage Across Gurgaon Commercial & Industrial Zones

Our audit practice serves key enterprise clusters across Gurgaon and Delhi-NCR:

• DLF Cyber City, Cyber Hub & Udyog Vihar Tech Firms, SaaS Startups, MNC Subsidiaries Statutory Audits, IFC / ICFR testing, Transfer Pricing Audit (Form 3CEB), Ind AS adoption.
• IMT Manesar & Industrial Sectors (37, 18) Manufacturers, Auto Components, Exporters Tax Audits (44AB), Physical Stock Verification, GST GSTR-9C reconciliations, Costing Audits.
• Sohna Road, Golf Course Ext (Sectors 48/62) D2C Brands, FinTech, E-Commerce Entities Internal Audits, Revenue Leakage Audits, Vendor Reconciliation, Payment Gateway Audits.
• Golf Course Road & DLF Phase 1-5 Real Estate Developers, Hospitality, Consulting Joint Development Agreement (JDA) revenue recognition audit, Inventory valuation, Concurrent Audits.
• Central Gurgaon (Sectors 14, 15, Old Delhi Rd) Wholesale Traders, Retail Chains, Distributors SME Statutory Audits, GST Annual Reconciliation, Partnership/LLP Audits.

The 4-Stage Systematic Audit Workflow

[1 Audit Planning & Risk Mapping] ➔ [2 Execution & Substantive Testing] ➔ [3 Control Verification] ➔ [4 Report Issuance & Management Letter]

• Audit Planning & Scoping: Understanding business operations, identifying key risk areas, and finalizing the audit engagement letter and materiality thresholds.
• Substantive Testing & Sampling: Vouching transaction ledgers, verifying invoice accuracy, bank reconciliations, third-party balance confirmations, and statutory liability payments.
• Internal Control Evaluation: Testing process controls across financial reporting, asset protection, and statutory compliance (TDS, PF, ESI, GST).
• Final Audit Report & UDIN Issuance: Issuing an independent Audit Opinion (Unmodified/Modified) along with a detailed Management Letter identifying internal control weaknesses, registered with ICAI UDIN.

Statutory Audit Threshold Overview in India

• Private Limited / OPC Mandatory for all, irrespective of turnover/capital. Turnover > ₹1 Crore (₹10 Crore if cash receipts/payments ≤ 5%) Aggregate Turnover > ₹5 Crore
• LLP Turnover > ₹40 Lakhs OR Capital > ₹25 Lakhs Turnover > ₹1 Crore (₹10 Crore if digital threshold met) Aggregate Turnover > ₹5 Crore
• Sole Proprietorship / Partnership Not required under Companies Act Turnover > ₹1 Crore (₹10 Crore if digital threshold met) Aggregate Turnover > ₹5 Crore

Why Partner with Our Audit Firm in Gurgaon?

• CA-Led Assurance Practice: Every engagement is directed and reviewed by senior Chartered Accountants to ensure legal and technical precision.
• ICAI & Statutory Alignment: Full adherence to Standards on Auditing (SAs) issued by the Institute of Chartered Accountants of India (ICAI).
• UDIN-Verified Reports: All audit reports, certificates, and tax filings are generated with mandatory Unique Document Identification Numbers (UDIN) for legal authenticity.
• Actionable Process Improvements: Our internal audit findings deliver practical recommendations to optimize financial controls and eliminate waste.