Audit & Assurance
Audit & Assurance Services
Rigorous, independent auditing for companies, LLPs, banks, and NGOs in Pune, PCMC, and Mumbai. Statutory audits, tax audits, internal audits, and beyond.
Our Audit Services
Statutory Audit
Companies, LLPs, Banks, Co-operatives
Mandatory audit of financial statements under the Companies Act 2013. We examine books of accounts, verify compliance with Ind AS / AS, and issue an independent audit report. We audit private limited companies, public companies, and banking entities.
Tax Audit (Section 44AB)
Businesses & Professionals above threshold
Audit of books under the Income Tax Act for businesses with turnover above ₹1 crore (₹10 crore if 95%+ digital) and professionals above ₹50 lakh. We prepare Form 3CA/3CB and 3CD and ensure correct reporting of all specified clauses.
Internal Audit
Companies, Manufacturing Units, Power Sector, NGOs
Systematic review of internal controls, processes, and risk management. Our internal audits identify operational inefficiencies, control gaps, and compliance weaknesses — with actionable recommendations. Specialised expertise in power sector companies.
Stock Audit
Manufacturing, Trading, Retail, Banks
Physical verification and valuation of inventory. We reconcile stock records with physical count, assess valuation methods (FIFO/weighted average), identify slow-moving and obsolete stock, and provide detailed stock audit reports.
Concurrent Audit
Banks, NBFCs, Financial Institutions
Real-time audit of bank branch transactions, loan disbursements, KYC compliance, and internal control adherence. Monthly concurrent audit reports as required by RBI guidelines.
GST Audit
All GST-registered businesses (where applicable)
Verification of annual turnover, ITC claimed vs eligible, output tax, and reconciliation of books with GST returns. Preparation of GSTR-9C reconciliation statement.
Management Audit
Companies seeking process improvement
High-level review of management decisions, strategic planning, organisational efficiency, and business processes. Provides the board and management with independent assurance on operational effectiveness.
Special Purpose Audit
As required by banks, investors, or regulators
Limited scope audits for specific purposes — due diligence for investors, bank loan audits, grant utilisation audits for NGOs, RERA project audits for real estate developers.
Audit Firm in Pune, PCMC & Pimpri Chinchwad
ANARCO has been conducting audits across Pune and PCMC for over 20 years. Our partners have deep experience auditing companies in manufacturing (Bhosari MIDC, Pimpri), IT/SaaS, power and infrastructure, real estate, NGOs, and professional services firms across Pune, Pimpri Chinchwad, and Mumbai.
We are empanelled with banks and financial institutions for concurrent and stock audits. Our audit reports are accepted by all major banks, NBFCs, and regulatory authorities.
Frequently Asked Questions
Which companies require a statutory audit in India?
All companies registered under the Companies Act 2013 — private limited, public limited, OPC, Section 8 (NGO) companies — must undergo a statutory audit regardless of turnover. LLPs with turnover above ₹40 lakh or capital contribution above ₹25 lakh also require audit.
When is a tax audit under Section 44AB mandatory?
For businesses: turnover exceeds ₹1 crore (₹10 crore if 95%+ transactions are digital and 95%+ receipts are non-cash). For professionals: gross receipts exceed ₹50 lakh. Also mandatory when presumptive taxation is opted out after being opted in.
What is the difference between statutory audit and internal audit?
Statutory audit is mandatory by law and results in an independent opinion on financial statements for external stakeholders. Internal audit is an operational review that helps management improve processes and controls — it can be voluntary or mandated by company policy.
How long does a statutory audit take?
For a typical SME or private limited company, audit completion takes 1–3 weeks after books are finalised. Complex entities (multi-location, high transaction volume) may take longer. We provide a clear timeline at the start of each engagement.
Looking for an audit firm in Pune or PCMC?
Get a detailed engagement proposal within 48 hours.