Statutory Audit
Mandatory audit for all companies under Companies Act 2013 — expressing an opinion on the truth and fairness of financial statements.
Comprehensive audit services — statutory audit, tax audit, internal audit, bank audit, concurrent audit and forensic audit — conducted with rigour and independence by ICAI-certified professionals in Hubballi.
Comprehensive audit services hubballi services delivered with precision and accountability.
Mandatory audit for all companies under Companies Act 2013 — expressing an opinion on the truth and fairness of financial statements.
Tax audit report under Section 44AB of the Income Tax Act for businesses and professionals above prescribed turnover limits.
Independent appraisal of internal controls, risk management and governance processes to strengthen operations.
Bank branch statutory audits, concurrent audits and revenue audits for public and private sector banks.
Fraud detection and forensic investigations by FAFD-certified CA. Admissible reports for legal proceedings.
IT systems audit by DISA-certified CA — evaluating IT controls, data integrity and cybersecurity compliance.
A statutory audit is mandatory for all companies registered under the Companies Act 2013, regardless of turnover or profit/loss. It must be conducted by a Chartered Accountant registered with ICAI. LLPs with turnover exceeding ₹40 lakh or contribution exceeding ₹25 lakh are also required to get their accounts audited.
Tax audit under Section 44AB is mandatory for: businesses with total turnover or gross receipts exceeding ₹1 crore (₹10 crore where cash transactions are below 5% of total); professionals with gross receipts exceeding ₹50 lakh; and cases where the taxpayer opts out of presumptive taxation under Section 44AD/44ADA and income is below the prescribed limit.
A statutory audit is a legal requirement conducted to express an opinion on the fairness and accuracy of financial statements as per applicable standards. An internal audit is an independent appraisal function that evaluates the adequacy and effectiveness of internal controls, risk management and governance — it is a management tool, not a regulatory requirement.
Yes. CA CS Sai Akash Sansuddi holds the FAFD (Forensic Accounting and Fraud Detection) certification from ICAI, qualifying him to conduct forensic investigations, fraud detection audits, and special-purpose reports admissible in legal and regulatory proceedings.
Contact CA CS Sai Akash Sansuddi today for a free consultation on audit services hubballi services.