Marwal Associates

Audit Compliance Services | Statutory Audit, Tax Audit, Internal Audit & GST Audit Services | Marwal Associates

 

Audit Compliance Services | Statutory Audit, Tax Audit, Internal Audit & GST Audit Services | Marwal Associates

Audit Compliance Services

Audits play a vital role in ensuring financial transparency, legal compliance, and business credibility. Whether your business is a Proprietorship, Partnership Firm, LLP, Private Limited Company, Public Limited Company, Startup, MSME, or NGO, complying with applicable audit requirements is essential under various Indian laws, including the Companies Act, 2013, the Income Tax Act, 1961, and the Goods and Services Tax (GST) Act.

Marwal Associates offers comprehensive Audit Compliance Services to help businesses meet statutory obligations, strengthen internal controls, improve financial reporting, and minimize compliance risks.

Our team of experienced professionals provides end-to-end audit support, from documentation and financial review to audit reporting and regulatory compliance.


Scope of Audit Compliance Services

1. Applicable Audit Assessment

Every business has different statutory audit requirements depending on its legal structure, turnover, business activities, and regulatory obligations. We assess your business to determine the audits applicable under Indian laws.

Our Scope Includes

  • Audit Applicability Assessment

  • Companies Act Compliance Review

  • Income Tax Audit Applicability

  • GST Audit & Reconciliation Assessment

  • Internal Control Evaluation

  • Financial Compliance Review

  • Regulatory Compliance Check

  • Annual Compliance Planning

  • Risk Assessment

  • Audit Readiness Review


2. Statutory Audit Services

A Statutory Audit is mandatory for companies and other entities as prescribed under the Companies Act.

Our Services Include

  • Financial Statement Examination

  • Balance Sheet Review

  • Profit & Loss Account Verification

  • Books of Accounts Verification

  • Statutory Audit Documentation

  • Internal Financial Control Review

  • Auditor Coordination

  • Compliance Reporting

  • Audit Observation Support

  • Statutory Audit Assistance


3. Tax Audit Services

Businesses crossing the prescribed turnover limits under the Income Tax Act are required to undergo a Tax Audit.

Scope Includes

  • Tax Audit Planning

  • Books of Accounts Review

  • Income Tax Compliance Review

  • Turnover Verification

  • Expense Verification

  • Tax Computation Review

  • Tax Audit Report Preparation

  • Form 3CA / 3CB

  • Form 3CD Preparation

  • Audit Documentation Support


4. Internal Audit Services

Internal Audit helps businesses evaluate internal controls, operational efficiency, financial processes, and compliance systems.

Our Services Include

  • Internal Control Review

  • Operational Risk Assessment

  • Financial Process Review

  • Compliance Monitoring

  • Fraud Risk Assessment

  • SOP Review

  • Process Improvement Recommendations

  • Internal Audit Reports

  • Compliance Gap Analysis

  • Management Advisory


5. GST Audit & Reconciliation Services

GST compliance requires accurate reconciliation of returns, financial records, and tax data to ensure correctness and avoid notices or penalties.

Scope Includes

  • GST Return Reconciliation

  • GSTR-1 & GSTR-3B Reconciliation

  • Input Tax Credit (ITC) Verification

  • Purchase & Sales Reconciliation

  • E-Invoice Reconciliation

  • E-Way Bill Reconciliation

  • Financial Statement vs GST Reconciliation

  • GST Compliance Review

  • Notice Risk Assessment

  • GST Audit Support


Additional Audit & Compliance Services

We also provide:

  • Financial Statement Review

  • Compliance Health Check

  • Accounting Review

  • Bookkeeping Review

  • Internal Financial Controls (IFC) Review

  • Risk Management Advisory

  • Due Diligence Support

  • Management Reporting

  • Regulatory Compliance Review

  • Audit Documentation Assistance

  • Audit Representation

  • Compliance Calendar Management

  • Post-Audit Compliance Support

  • Business Process Review


Why Choose Marwal Associates?

  • Experienced Audit & Compliance Professionals

  • Comprehensive Audit Solutions

  • Expert Knowledge of Companies Act, Income Tax & GST Laws

  • Accurate Financial & Compliance Review

  • Timely Audit Support

  • End-to-End Documentation Assistance

  • Transparent Process & Professional Advice

  • Affordable Professional Fees

  • Customized Compliance Solutions

  • PAN India Audit Services


Industries We Serve

  • Private Limited Companies

  • Public Limited Companies

  • Limited Liability Partnerships (LLPs)

  • Partnership Firms

  • Sole Proprietorships

  • One Person Companies (OPCs)

  • Startups

  • MSMEs

  • Manufacturing Companies

  • Trading Businesses

  • Service Providers

  • E-Commerce Businesses

  • Exporters & Importers

  • NGOs & Section 8 Companies

  • Professional Firms


Benefits of Professional Audit Compliance

  • Ensures compliance with statutory laws and regulations

  • Improves financial transparency and reporting accuracy

  • Identifies compliance gaps and operational risks

  • Strengthens internal controls and governance

  • Enhances business credibility with investors, lenders, and regulators

  • Reduces the risk of penalties, notices, and litigation

  • Supports informed business decision-making

  • Promotes long-term financial stability and regulatory compliance