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ICAI Registered · Mumbai's Trusted CA Firm · 15+ Years

Mumbai's Trusted Audit & Assurance Chartered Accountants

Independent, thorough, and deadline-ready audits — statutory, tax, internal, and GST. Financial statements you can stand behind, backed by 15+ years of Chartered Accountancy expertise across Mumbai and pan-India.

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Our Audit & Assurance at a Glance

15+Years of audit experience in Mumbai
6Core audit & assurance service lines
100%ICAI-compliant audit methodology
8+Industries served across Mumbai & pan-India
15+ Years of Experience
75+ Team Members
6 Audit Service Lines
100% Compliance Accuracy

What Is Audit & Assurance

An Audit Is More Than Compliance. It's Confidence in Your Numbers.

A statutory audit is a legal obligation — but a well-run audit is far more than a box to tick. It tells your board, your bankers, and your investors that your financial statements are accurate, complete, and free from material misstatement.

At PKJN & Associates LLP, we approach every audit with independence and professional rigour. We test your numbers against the underlying records, evaluate your controls, and surface issues early — so you file on time, borrow with credibility, and make decisions on figures you can trust.

Where audit looks back to verify what has already happened, our Risk Advisory practice looks forward to prevent future issues. Together, they give your business both accuracy today and resilience tomorrow.

What Audit & Assurance Covers

  • ✔ Statutory Audit under the Companies Act 2013
  • ✔ Tax Audit under Section 44AB of the Income Tax Act
  • ✔ Internal Audit of processes, controls & efficiency
  • ✔ GST annual return & reconciliation (GSTR-9 & 9C)
  • ✔ Stock & fixed asset physical verification
  • ✔ Findings aligned to IND AS reporting standards
  • ✔ Ongoing monitoring via Concurrent Audit
  • ✔ Controls documented in a Risk Control Matrix

Our Services

Six Core Audit & Assurance Services for Indian Businesses

Every engagement is scoped to your entity type, size, and regulatory environment — with a clear timeline aligned to your statutory deadlines.

01

Statutory Audit

Independent audit under the Companies Act 2013 to express a true and fair view of your financial statements. Conducted per applicable Standards on Auditing, with complete documentation and a report ready for filing, banks, and stakeholders.

Companies Act 2013
02

Tax Audit

Audit under Section 44AB of the Income Tax Act, with preparation and filing of Form 3CA/3CB and 3CD. We verify turnover-based applicability, reconcile books to returns, and report the prescribed particulars accurately and on time.

Section 44AB
03

Internal Audit

An independent review of your processes, internal controls, and operational efficiency. We test whether controls are designed well and working in practice, then report gaps with practical, prioritised recommendations for management.

Controls & Process
04

GST Audit & Reconciliation

Preparation and reconciliation of your GST annual return (GSTR-9) and reconciliation statement (GSTR-9C) where applicable. We match books to filings, resolve input tax credit mismatches, and close out annual GST compliance cleanly.

GSTR-9 & 9C
05

Stock & Fixed Asset Audit

Physical verification of inventory and fixed assets against your records to confirm existence, condition, and valuation. Ideal for year-end closing, bank stock statements, and businesses with high-volume or high-value assets.

Physical Verification
06

Special Purpose & Management Audit

Tailored audits and certifications for specific needs — due diligence reviews, net-worth and turnover certificates, fund-utilisation audits, and management-requested investigations. Scoped precisely to the question you need answered.

Certifications & Due Diligence

How We Work

Our Four-Phase Audit Process

A structured engagement from understanding your business to delivering a clear, defensible report — with agreed timelines at every stage.

1

Planning & Risk Assessment

We understand your business, identify areas of audit risk, and agree the scope, materiality, and timeline — so the engagement is focused where it matters most.

2

Fieldwork & Testing

We test transactions and balances against source records, evaluate the design and operation of your controls, and gather sufficient, appropriate audit evidence.

3

Review & Analysis

Findings are reviewed at senior level, exceptions are analysed, and any adjustments or disclosures are discussed with your team before conclusions are finalised.

4

Reporting & Feedback

We issue a clear audit report and a management letter highlighting control gaps and practical recommendations to strengthen your systems going forward.

Why Choose PKJN

Audits That Build Trust — and Strengthen Your Business

An audit should do more than satisfy a filing requirement. Ours delivers a genuine, independent opinion on your numbers and leaves you with a management letter of practical improvements you can actually act on.

As a Mumbai-based CA firm with 15+ years across statutory, tax, and internal audits — plus risk advisory and compliance — we bring ground-level knowledge of Indian regulation to every engagement.

Independent & objective

A genuine opinion grounded in evidence — never a rubber stamp

Deep regulatory expertise

Companies Act, Income Tax, GST, IND AS — we know exactly what applies to you

Direct partner access

Senior professionals lead every engagement — not delegated to junior staff

On time, every time

Timelines mapped to your statutory deadlines — no last-minute scramble

15+Years of CA Experience in Mumbai
75+Team Members
100%ICAI-Compliant Methodology
8+Industries Served Across India

Industries We Serve

Audit Expertise Across All Major Sectors

Every audit is tailored to your industry's regulatory requirements, accounting practices, and operational structure.

🏭

Manufacturing

Cost records, inventory valuation, WIP & excise/GST compliance review

📦

Trading & Distribution

Turnover verification, GST reconciliation & working capital review

💻

Technology & IT

Revenue recognition, ESOP accounting & software firm compliance

🏗️

Real Estate & Construction

Project accounting, RERA compliance & percentage-completion review

🏥

Healthcare & Pharma

Billing verification, inventory audit & regulatory compliance checks

💼

Professional Services

Fee recognition, partner accounts & statutory compliance review

🚀

Startups & SMEs

First statutory audits, investor-ready books & clean compliance

🏦

Financial Services

RBI/SEBI compliance, concurrent audit & credit control review

Related Services

Complete Audit & Compliance Coverage

Audit works best as part of an integrated compliance strategy. Explore our related services from PKJN & Associates LLP.

Risk Advisory Services

Forward-looking risk identification, internal controls & fraud prevention frameworks for a resilient business.

Explore Service

Risk Control Matrix (RCM)

Structured documentation of risks, controls & test procedures for ongoing monitoring and governance.

Explore Service

Concurrent Audit Services

Real-time transaction review and control monitoring — ideal for banks, NBFCs & high-volume businesses.

Explore Service

IND AS Implementation

Transition support & technical guidance for Indian Accounting Standards adoption and financial reporting.

Explore Service

FAQs

Common Questions About Audit & Assurance

Answers for business owners, CFOs, and finance teams considering audit services in Mumbai.

Still Have Questions?

Our audit team is available for a free initial consultation. No obligation — just clarity on what your business needs and by when.

Book a Free Call
A statutory audit is conducted under the Companies Act 2013 and applies to every company (and to LLPs above prescribed thresholds), examining whether financial statements present a true and fair view. A tax audit is conducted under Section 44AB of the Income Tax Act and applies to businesses and professionals above specified turnover limits, focusing on compliance with income tax provisions. Many businesses require both — at PKJN & Associates LLP we handle them in an integrated manner to avoid duplication.
Every company registered under the Companies Act 2013 must have its accounts audited annually, regardless of turnover, profit, or size — this includes private limited, public, and one-person companies. LLPs require a statutory audit if annual turnover exceeds ₹40 lakh or capital contribution exceeds ₹25 lakh. We confirm the exact applicability for your entity before beginning.
A tax audit is generally required where business turnover exceeds ₹1 crore in a financial year. This limit rises to ₹10 crore where cash receipts and cash payments are each 5% or less of the total. For professionals, a tax audit applies where gross receipts exceed ₹50 lakh. We assess your specific position, as presumptive taxation and other provisions can affect applicability.
Internal audit is mandatory for certain classes of companies under Section 138 of the Companies Act 2013 — including listed companies and unlisted or private companies crossing prescribed turnover, borrowing, or paid-up capital thresholds. Even where it is not legally required, we recommend internal audit for growing businesses, as it strengthens controls and reduces fraud and compliance risk. It pairs naturally with our Risk Advisory work.
Yes. The earlier CA-certified GST audit under Section 35(5) has been replaced by a self-certified reconciliation statement. Businesses with aggregate turnover above ₹5 crore in a financial year must file Form GSTR-9C along with the annual return in GSTR-9. We assist with preparing and reconciling these returns — matching your books to GST filings, resolving input tax credit mismatches, and ensuring accurate annual compliance.
Typically we require your financial statements, trial balance and general ledger, bank statements, purchase and sales registers, GST and TDS returns, fixed asset register, statutory registers, and relevant agreements. We share a tailored document checklist at the start of every engagement so nothing is left to the last minute.
Duration depends on the type and scope of audit and the state of your records. A tax audit for an SME with organised books typically takes 1–3 weeks. A statutory audit for a mid-sized company usually takes 3–6 weeks. We agree a clear timeline aligned to your statutory filing deadlines at the outset — no open-ended billing, and no surprises.
Our office is in Andheri East, Mumbai (Suite No.102, L1, Ashok Premises, Nicholas Road — 400069). We serve businesses across Mumbai, Thane, Navi Mumbai, and Pune, with pan-India engagements for audit, assurance, and risk advisory. Call us on +91 98190 00511 or contact us online for a free initial consultation.

Ready for an Audit You Can Rely On?

Speak to our audit team. We'll confirm what your business needs, map it to your filing deadlines, and get you a clear, defensible report — on time.

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📍 Suite No.102, Ashok Premises, Nicholas Road, Andheri East, Mumbai — 400069  |  📞 +91 98190 00511

Head Office

  • Suit No.102, L1, Ashok Premises, Nicholas Road, Andheri (East), Mumbai – 400069, Maharashtra, India.

Contact

  • +91 98218 32683
  • nainitsavla@savlagroup.in

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