— Audit & Assurance

Verify Ledger Integrity.
Ensure Compliance.
Secure Assurance.

Statutory audits, tax audits, internal audits, and forensic assurance under Managing Counsel Advocate Devendra K. Secure your company's creditability.

Book a Consultation Talk to an Expert
DK Associates Audits

Your Audits.

Our Diligence.

Zero Qualifications.

Statutory Audits

Official verification of corporate financial statements, reports, and ledger matches u/s 139 of the Companies Act.

GST Reconciliations

Forensic verification of GSTR-1, GSTR-3B, GSTR-2B, and book ledgers u/s GSTR-9/9C reconciliation rules.

Internal Audits

Independent checks on internal controls, financial risks, transaction flow errors, and board operations.

Stock & Asset Audits

Physical stock verification, ledger asset register alignments, and warehouse inventory reconciliations.

Statutory Standards Audits structured strictly under ICAI Guidelines and SAs.
Expert Partners Audit representation managed directly by senior corporate counsels.
Independent Review Unbiased audit assessments protect board and shareholder integrity.
Risk Mitigation Early detection of accounting notices and internal leaks.
Direct Portal Sync Audited reports uploaded seamlessly to MCA and Tax gateways.
Audit Counsel Review

Advocate Devendra K.

Managing Corporate Counsel

—— AUDIT REPRESENTATION & DEFENSE ——

Proactive Defense Against Statutory Audit Qualifications & MCA Warnings

An audit qualification u/s 143 can damage corporate credibility and attract ROC search mandates. Our audit defense counsels prepare your books, verify ledger assertions, and draft responses to resolve audit qualifications before statutory filings are finalized.

Audit Qualification Resolution

Formulating defense arguments and response briefs to resolve auditor objections and prevent qualified opinions u/s 143(3).

Internal Financial Controls (IFC) Setup

Drafting and auditing internal control frameworks, process flows, and risk matrices to satisfy CARO requirements.

—— ESTIMATOR ENGINE ——

Audit Retainer Fee Estimator

Estimate statutory and tax audit fees dynamically based on business scale. Drag the sliders or select software integrations for real-time rates.

Estimated Audit Costs
Total Estimated Fee
₹ 0
Core verification fee ₹ 0
Optional add-ons & Annexures ₹ 0
Estimated Engagement 10-15 Days
Reporting Standard CARO 2020 u/s 143
Core Audit Ratio 0%
Add-ons & Annexures Ratio 0%

Disclaimer: Calculations are average estimates for standard compliance setups. Complex multi-state Cost Centers or FDI filings require custom proposal letters from senior partners.

—— WORKFLOW SYSTEM ——

Our Compliance Architecture

A methodical, four-phase delivery cycle ensuring independent verification and audit-proof corporate records.

01

Scope & Engagement

Issuing the Engagement Letter u/s SA-210, defining timelines, materiality limits, and required datasets.

02

Field Verifications

Forensic verification of sales entries, purchases, vouchers, asset registers, and bank books u/s ICAI rules.

03

Drafting & Queries

Drafting the preliminary Audit report and raising Management Representation Letters (MRL) for clarifications.

04

Sign-off & UDIN

Signing final financial statements with UDIN validation, and filing u/s MCA and Income Tax gateways.

—— STATUTORY LAW MATRIX ——

Statutory Audit Mandates

Audit practices in India are dictated by the Companies Act, 2013 and the Income Tax Act, 1961.

Section 139 (Co Act)

Statutory Audits

Mandates all corporate entities (including Pvt Ltd and LLPs above limits) to appoint statutory auditors to audit statements.

Section 44AD (IT Act)

Presumptive Taxation

Allows eligible small businesses to file returns declaring presumptive profits (8% or 6% of turnover) without maintaining statutory books of accounts.

CARO 2020 u/s 143(11)

Auditor Report Order

Prescribes rigorous reporting checklists on fixed assets, loans, transactions with related parties, and cash defaults.

Section 143(3) (Co Act)

Auditor Duties

Defines auditor duties, requiring reporting on the company's internal financial controls (IFC) over financial statements.

—— EXPERT STATUTORY INTEL ——

Audit & Assurance FAQ

Answers to statutory audit requirements, CARO exemptions, and penalties.

Under Section 44AD, eligible businesses with an annual turnover of up to **₹2 Crores** (increased to **₹3 Crores** if cash receipts are under 5%) can opt for the presumptive tax scheme, declaring profits of 8% or 6% without auditing.
Late filing of the GSTR-9 annual return attracts a statutory late fee of **₹200 per day** (subject to relaxation/updates by the GST Council) up to a maximum cap of 0.25% to 0.5% of the total turnover in the state/UT.
CARO 2020 is a comprehensive reporting order for auditors. It applies to all companies except One Person Companies (OPC), small companies (capital < ₹4 Cr and turnover < ₹40 Cr), and private companies meeting specific debt and ownership thresholds (capital < ₹1 Cr and borrowings < ₹1 Cr).
The Unique Document Identification Number (UDIN) is a mandatory tracking code generated on the ICAI portal by signing Chartered Accountants. It prevents forgery of corporate financial certifications and allows MCA/Tax gateways to trace verified statement authors.
—— PRIVILEGED INTAKE ——

Initiate Audit Counsel

Book a confidential, attorney-privileged case evaluation regarding your statutory or tax audit engagement.