Audit & Assurance Services

At PKJN & Associates LLP, audit is not just about compliance. It’s about clarity, credibility, and confidence. We go beyond checklists to evaluate financial integrity, strengthen controls, and provide insights that help businesses make informed decisions.

What Audit & Assurance Really Means

A good audit doesn’t just verify numbers. It tells you whether your systems work, where risks exist, and whether your financial reporting can be trusted. Our approach focuses on accuracy, transparency, and practical recommendations—not just reporting observations.

Our Audit & Assurance Services

Statutory Audit

Independent audit under Companies Act to ensure true and fair financial reporting.

Internal Audit

Evaluate internal controls, identify process gaps, and improve operational efficiency.

Tax Audit

Compliance with Income Tax Act requirements and reporting obligations.

GST Audit

Review GST compliance, filings, and input tax credit accuracy.

Management Audit

Assess decision-making processes and overall business performance.

Due Diligence

Financial and compliance review for mergers, acquisitions, or investments.

Why Audit Matters More Than You Think

  • Ensures accuracy and reliability of financial statements
  • Builds credibility with investors, banks, and stakeholders
  • Identifies hidden risks and inefficiencies
  • Strengthens internal controls and governance
  • Helps prevent fraud and compliance issues

Who We Work With

We work with startups, SMEs, and established companies across industries including manufacturing, trading, services, and technology. Whether you need statutory compliance or deeper operational insights, our audit approach adapts to your scale and complexity.

FAQs

What is the purpose of a statutory audit?
A statutory audit ensures that financial statements present a true and fair view as per applicable laws.
Is internal audit mandatory?
Internal audit is mandatory for certain companies, but even when not required, it is valuable for improving controls and efficiency.
How is audit different from assurance?
Audit is a form of assurance. Assurance includes broader evaluations that increase confidence in financial and operational information.
Can audit help in fraud detection?
While not primarily designed for fraud detection, audits often identify red flags and control weaknesses that indicate fraud risks.
How often should a business conduct audits?
Statutory audits are annual, but internal audits can be conducted periodically based on business size and risk exposure.