Audit

Audit Services (Statutory, Internal, Tax & Special Audits)

An audit is an independent examination of financial information of an entity, whether profit-oriented or not, irrespective of size or legal form, conducted with a view to express an opinion. Audits provide third-party assurance to stakeholders by assessing whether financial information and related records are free from material misstatement and whether books of account are maintained as required by law.

At Vijayarajan & Associates, Chartered Accountants (Kochi / Ernakulam), we provide end-to-end audit and assurance services with a practical, risk-based approach. Our focus is to improve reliability of reporting, strengthen internal controls and support compliance under applicable laws and regulations.

What you get with our audit support

• Planned audit approach with clear scope, timelines and deliverables
• Risk assessment and process understanding to focus on high-impact areas
• Testing of controls and transactions with proper documentation and working papers
• Actionable observations with practical recommendations to strengthen controls
• Compliance-focused reporting aligned to applicable statutory requirements
• Professional coordination with management for closure of audit findings

Our audit services include

• Statutory Audit (Companies, LLPs, Firms and other entities as applicable)
• Internal Audit (process audits, compliance audits, systems & controls review)
• Concurrent Audit (continuous checks and periodic reporting, especially for financial intermediaries and institutions)
• Tax Audit under the Income-tax Act
• Audit under GST (review support, reconciliations and compliance verification as applicable)
• Special Purpose Audit (as per management / lender / regulatory requirements)
• Stock Audit / Book Debts Audit (inventory verification support and receivable reviews for banks and management)
• Bank Audit (statutory branch audits and other bank-related assurance engagements, as applicable)
• Investigation (focused review, analysis and reporting based on scope and mandate)
• Management Audit (performance and control effectiveness reviews with improvement roadmap)

Industries and systems

Our team has experience working with diverse business models and accounting environments. We design audit procedures aligned to your process flows, maker-checker controls and document trails.

Our approach (risk-based and practical)

1. Understand the business, processes and regulatory context
2. Identify key risks and control expectations; finalise audit plan
3. Perform audit testing (controls + transactions) with proper documentation
4. Discuss observations with management and agree on corrective actions
5. Issue audit report with clear findings, implications and recommendations
6. Follow-up support for closure of observations (if included in scope)

Contact us

For audit services in Kochi / Ernakulam including statutory audit, internal audit, tax audit and special audits, contact Vijayarajan & Associates, Chartered Accountants to discuss your requirements, industry, timelines and reporting needs.