AUDIT SERVICES AND COMPLIANCES
Strong financial governance and regulatory compliance are the foundation of a sustainable and credible
business. Our Audit Services & Compliance solutions are designed to ensure accuracy in financial reporting,
strengthen internal controls, and help organizations meet all statutory and regulatory requirements.
We provide independent, risk-focused audit services along with comprehensive compliance support under
applicable laws and standards. Our approach combines technical expertise, industry insight, and a commitment
to transparency-helping businesses enhance operational efficiency, mitigate risks, and maintain stakeholder
confidence.
Secretarial Audit:
Secretarial Audit is a critical compliance mechanism designed to ensure that a company adheres to applicable
corporate laws, rules, and regulatory requirements. It provides independent assurance that the company's
governance practices and statutory compliances are in line with legal standards and industry best practices.
Under the Companies Act, 2013, certain classes of companies are required to conduct a Secretarial Audit,
which is carried out by a qualified Company Secretary in Practice.
Secretarial Audit - Applicability & Limits
Under Section 204 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, Secretarial Audit is mandatory for the following companies:
1. All Listed Companies
Every company listed on a recognized stock exchange is required to obtain a Secretarial Audit Report.
2. Public Companies Meeting Any of the Following Limits:
- Paid-up Share Capital: ≥ Rs. 50 Crore or more
- Turnover: ≥ Rs. 250 Crore or more
3. Certain Other Companies (as prescribed):
- Companies having outstanding loans or borrowings from banks or public financial institutions of ≥ Rs. 100 Crore
or more at any point during the financial year.
The Secretarial Audit must be conducted by a Company Secretary in Practice (PCS), and the report is
annexed to the Board's Report.
Why Secretarial Audit is important?
Secretarial Audit helps your organization:
- Ensure statutory compliance: Verify adherence to corporate laws, SEBI guidelines, and other
regulatory requirements.
- Identify risks and gaps: Highlight areas of non-compliance and potential legal risks.
- Strengthen corporate governance: Support the board and management in maintaining transparency,
accountability, and ethical practices.
- Build stakeholder confidence: Demonstrate your commitment to regulatory compliance and best
practices to investors, regulators, and partners.
- Enhances Reputation & Investor Confidence: Demonstrates your commitment to compliance and ethical
practices, which strengthens market reputation.
- Supports Risk Management: Acts as a preventive measure against regulatory, financial, and
operational risks associated with non-compliance.
- Improves Transparency & Accountability: Provides stakeholders, investors, and regulators confidence
in your company's governance framework.
Our Secretarial Audit Services Include:
- Comprehensive compliance verification under applicable corporate laws.
- Review of Board and Committee procedures and documentation.
- Evaluation of governance systems and internal compliance mechanisms.
- Identification of non-compliances and risk areas.
- Preparation and issuance of Secretarial Audit Report.
- Advisory on corrective actions and compliance strengthening
Our approach ensures thorough review, accurate reporting, and practical recommendations - helping
organizations strengthen governance standards and maintain regulatory confidence.
Corporate Governance Report
A Corporate Governance Report reflects a company's commitment to transparency, accountability, and ethical
business practices. It provides stakeholders with a clear overview of the company's governance framework,
board structure, committee functions, compliance status, and internal control systems.
For listed entities in India, Corporate Governance reporting is mandated under the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR).
The report must be submitted periodically to the stock exchanges and included in the Annual Report.
Our Corporate Governance Reporting Services Include:
- Preparation and review of Corporate Governance Reports.
- Compliance verification under SEBI LODR Regulations.
- Drafting disclosures relating to Board composition and committees.
- Certification requirements and coordination with auditors/PCS.
- Review of policies (Code of Conduct, Vigil Mechanism, Risk Management, etc.).
- Advisory on strengthening governance frameworks.
We ensure accurate reporting, timely submission, and alignment with best governance practices - helping your
organization build investor confidence and maintain regulatory compliance.
Due Diligence Report
A Due Diligence Report is a thorough and systematic investigation of a company, asset, or transaction to
assess its financial, legal, operational, and regulatory standing. The goal is to identify potential risks,
liabilities, and opportunities, enabling clients to make informed and strategic business decisions.
- Purpose of a Due Diligence Report
- To uncover hidden liabilities, contractual obligations, and regulatory compliance issues.
- To evaluate the financial health, operational efficiency, and market position of a business.
- To guide strategic decisions for mergers, acquisitions, partnerships, or investments.
- To provide an objective assessment that supports negotiations, pricing, and risk mitigation.
- Types of Due Diligence We Handle
- Financial Due Diligence: Examines balance sheets, cash flows, accounting practices, tax
obligations, and forecasts.
- Legal Due Diligence: Reviews contracts, licenses, intellectual property rights, litigation
exposure, and regulatory compliance.
- Operational Due Diligence: Analyzes business processes, management systems, human resources, and
supply chain efficiency.
- Commercial & Market Due Diligence: Evaluates market trends, competitive positioning, customer
base, and growth potential.
- Environmental & Compliance Due Diligence: Assesses environmental liabilities, health and safety
standards, and adherence to industry regulations.
- Tax Due Diligence - Analyzes tax filings, obligations, and potential liabilities to prevent
unforeseen exposures.
- Intellectual Property (IP) Due Diligence - Ensures patents, trademarks, copyrights, and trade
secrets are valid, protected, and transferable.
- Human Resources (HR) Due Diligence - Examines employee contracts, benefits, labor disputes, and
workforce compliance.
- Regulatory & Compliance Due Diligence - Assesses adherence to industry-specific laws, licenses,
and permits.
- Supply Chain & Vendor Due Diligence - Reviews supplier reliability, contracts, operational risks,
and business continuity planning.
By integrating all these areas into a single report, we provide clients with a comprehensive view of
potential risks and opportunities, enabling confident, well-informed business decisions.
Benefits of Due Diligence Reports
- Risk Mitigation: Identifies potential issues before they impact business decisions.
- Informed Decision-Making: Provides actionable insights for acquisitions, investments, or partnerships.
- Negotiation Leverage: Empowers clients with data to negotiate favorable terms.
- Regulatory Confidence: Ensures compliance with applicable laws and industry standards.
Our firm's due diligence reports combine meticulous research, legal expertise, and practical business
insights. We deliver clear, actionable findings that empower clients to make confident, strategic, and
well-informed decisions.
Internal Audit:
Internal Audit is a proactive process that helps organizations evaluate and improve the effectiveness of risk
management, internal controls, and governance processes. Unlike statutory audits, internal audits focus on
operational efficiency, fraud prevention, compliance monitoring, and strategic business objectives.
Companies where Internal Audit is mandatory:
- Every Listed Company
- All companies whose shares are listed on a stock exchange must appoint an internal auditor irrespective
of size, turnover, or capital.
- Unlisted Public Companies
An unlisted public company must have an internal audit if it satisfies any one of the following in the
preceding financial year:
- Paid-up Share Capital ≥ Rs. 50 crore
- Turnover ≥ Rs. 200 crore
- Outstanding loans/borrowings from banks or public financial institutions > Rs. 100 crore
- Outstanding deposits > Rs. 25 crore
- Private Companies
A private company must conduct internal audit if any one of these applies in the preceding financial year:
- Turnover ≥ Rs. 200 crore
- Outstanding loans/borrowings from banks/public financial institutions > Rs. 100 crore
Why Internal Audit Matters?
Internal audit goes beyond compliance. It helps organizations:
- Identify risks early: Proactively detect operational, financial, and regulatory risks before they
escalate.
- Enhance operational efficiency: Evaluate processes and recommend improvements to optimize
performance.
- Strengthen governance: Support the Board and management in maintaining transparency and
accountability.
- Ensure compliance: Verify adherence to statutory requirements, industry regulations, and internal
policies.
Our Internal Audit Services Includes:
- Review and evaluation of internal control systems and processes
- Risk assessment and identification of control gaps
- Operational and process audits to improve efficiency
- Verification of financial and accounting records
- Compliance review with applicable laws, regulations, and internal policies
- Fraud risk assessment and prevention mechanisms
- Review of procurement, inventory, and expense management processes
- Evaluation of statutory and regulatory compliance
- Identification of process improvements and cost optimization opportunities
- Periodic reporting to management with practical recommendations.
Note: Regulatory frameworks are subject to change. For recent updates and expert guidance, connect with
our team directly at cskundankumar@gmail.com.