Audit and Assurance: Statutory Audit, Internal Audit, Tax Audit, Stock Audit, Due Diligence

Ensure financial accuracy and regulatory compliance with expert audit and assurance
services from Finance Shelter

Picture this…

Your company faces complex audit requirements—statutory, internal, tax, stock audits, and due diligence—but managing these processes internally strains resources and risks non-compliance.

With Finance Shelter, audit and assurance services are comprehensive and reliable. We provide statutory audits, internal audits, tax audits, stock audits, and due diligence—helping you maintain transparency, accuracy, and regulatory adherence.

1. Why Audit and Assurance Services Matter

• Regulatory compliance – Meet statutory audit requirements under Companies Act and tax laws.
• Financial accuracy – Ensure true and fair financial reporting.
• Risk management – Identify operational and financial risks early.
• Investor confidence – Build trust with stakeholders through verified financials.
• Business improvement – Gain insights for process and control enhancements.

2. Key Audit Services We Provide

1. Statutory Audit – Mandatory audit of financial statements for compliance and accuracy.
2. Internal Audit – Evaluation of internal controls, risk management, and operational efficiency.
3. Tax Audit – Audit under Income Tax Act to verify tax compliance and disclosures.
4. Stock Audit – Verification of inventory records and physical stock.
5. Due Diligence – Comprehensive review for mergers, acquisitions, and investments.

3. Finance Shelter’s 5-Step “Audit-Ready” Protocol

1. Planning & Scoping – Understand audit objectives and scope.
2. Data Collection & Review – Gather financial records, policies, and controls.
3. Fieldwork & Testing – Conduct detailed audit procedures and tests.
4. Reporting – Prepare audit reports with findings and recommendations.
5. Follow-up & Support – Assist with compliance actions and re-audits if needed.
   Fastest record: 30 days for statutory audit completion.

4. Common Pitfalls We Prevent

• Incomplete documentation causing audit delays.
• Non-compliance with audit standards and regulations.
• Overlooking key risk areas and control weaknesses.
• Poor communication leading to misunderstandings.
• Delayed reporting affecting statutory deadlines.
Our 70-point checklist ensures thorough and timely audits.

5. Success Snapshots

• Manufacturing company – completed statutory and tax audits with zero non-compliance.
• IT firm – internal audit identified process improvements saving 15% in costs.
• Retail chain – stock audit ensured accurate inventory valuation and controls.

6. Why Finance Shelter?

• Experienced chartered accountants and audit professionals.
• End-to-end service: statutory, internal, tax, stock audits, and due diligence.
• Transparent pricing with no hidden fees.
• Real-time WhatsApp updates and dedicated client support.
• Proven track record of timely audits and client satisfaction.