In India’s highly regulated financial landscape, timely and transparent audits are essential for companies to stay compliant and maintain credibility. Whether mandated under the Companies Act or required by investors and tax authorities, audit and assurance services form the cornerstone of good corporate governance.
At Vijay R Singh & Co., we offer a full suite of audit and assurance services tailored to your company’s operational and statutory needs. Our experienced Chartered Accountants use risk-based approaches and updated methodologies to help you identify weaknesses, comply with laws, and maintain financial transparency.
Our Audit & Assurance OfferingsMandatory for companies registered under the Companies Act, 2013, statutory audits are conducted to examine the fairness of financial statements:
Statutory audits also help in improving internal systems and investor confidence.
Ideal for growing companies, startups, and enterprises with expanding operations:
Internal audits are not just a compliance tool but also a performance enhancer.
Mandatory for businesses and professionals exceeding turnover limits:
Perfect for mergers, acquisitions, or funding rounds:
Due diligence supports strategic decision-making and prevents surprises post-deal.
Extended Audit Support Services
Why Choose Vijay R Singh & Co.?
Chartered Accountants with Decades of Experience in statutory, tax, and internal audits across industries. Tailored Approach: We understand every business is different our audit methodology adapts to your size, sector, and growth stage. Transparent Reporting: Clear, practical, and actionable findings not just tick-box audits. Technology-Enabled: We audit accounting systems like Tally, Zoho, QuickBooks, SAP, etc. PAN India Reach: Supporting audits in Mumbai, Pune, Delhi NCR, Bengaluru, and remote setups across India.
Planning Business Setup or Funding?Explore our comprehensive Pillar Blog on Private Limited Company Registration to understand your audit obligations from day one.
Secure Your Financial Future TodayEnsure that your audits are not just compliant but insightful.
Contact us today for a tailored audit proposal.
Secured my business loan at 6.5% thanks to CA Vijay Singh — fast, smooth, and with better terms than my own bank offered.
When we started working with CA Vijay Singh, our financials were… let’s just say, not investor-ready. Over the next year, with his guidance, we filed everything on time, cleaned up our books, and set up proper compliance systems. When the time came to scale, we needed funds quickly. Because our records were now accurate and well-structured, Vijay ji was able to prepare a lender-friendly profile, highlight our strengths, and present it to the right banks/NBFCs. Result? Loan approved in under two weeks at competitive terms. I realised then that good fundraising starts long before you approach lenders — and having the right CA makes all the difference
When we started looking for investors, we had zero revenue on the books — just a strong idea, a capable team, and a big vision. I knew convincing investors would be tough without sales numbers. CA Vijay Singh & Team changed the game. They prepared a professional valuation report backed by a detailed market analysis that highlighted our industry potential, target audience, competitor positioning, and scalability. It wasn’t just numbers — it was a story investors could believe in. That report became the foundation of our pitch. Within weeks, we raised ₹2 crore in funding. Multiple investors said the depth of our market analysis was what gave them confidence to invest in a pre-revenue startup. If you’re raising funds before revenue, skip the generic pitch decks. Get a proper valuation report and market analysis from CA Vijay Singh — it can be the difference between a 'no' and a ₹2 crore 'yes.
Yes. As per the Companies Act, 2013, every company registered in India must undergo a statutory audit, regardless of turnover or capital. This ensures that financial statements present a true and fair view for shareholders, regulators, and other stakeholders.
A statutory audit is a legal requirement focused on compliance and fairness of financial statements. Internal audit, on the other hand, is management-driven and focuses on improving internal controls, risk management, and operational efficiency. Many growing businesses benefit from both.
Businesses with annual turnover exceeding ₹1 crore and professionals with gross receipts above ₹50 lakh must get their accounts audited under Section 44AB of the Income Tax Act. The audit report must be filed electronically by the due date (generally September 30).
For startups and SMEs, internal audits go beyond compliance—they identify inefficiencies, prevent fraud risks, and provide actionable recommendations to strengthen governance. This ensures scalability and investor readiness.
Due diligence audits are conducted during mergers, acquisitions, or funding rounds. They validate financial health, check legal liabilities, and highlight risks before investment. This helps promoters and investors make informed decisions.
Statutory audit, tax audit, GST reconciliation, and internal audit – signed and UDIN-tagged by a Mumbai CA firm, FRN 136869W.
ICAI Membership No. 153926 | FRN 136869W | Practising since 2013
Audit is not a paperwork exercise – it is the document an investor, banker, or regulator will rely on. Done well, it surfaces issues before they become disputes. Done poorly, it ratifies bad books and creates exposure that compounds at the next due diligence. We sign audit reports under our FRN with UDIN tagging on every certificate that needs it.
Statutory audit mandatory regardless of turnover under Sec 139.
LLPs with turnover > Rs 40 lakh OR contribution > Rs 25 lakh.
Any business above the Section 44AB threshold (Rs 1 cr / Rs 10 cr cash).
Startups preparing for funding, IPO, or acquisition due diligence.
Companies above Section 138 + Rule 13 internal audit thresholds.
Section 12A trusts, Section 81 housing societies, Section 8 companies.
Everything you receive at the end of the engagement.
Statutory Audit
Companies Act 2013 Section 139. Mandatory for every Pvt Ltd, OPC, public company. Conducted under SAs issued by ICAI.
Tax Audit
Income-tax Act Section 44AB. Triggered at turnover > Rs 1 cr (Rs 10 cr where cash <=5%) for business, Rs 75 lakh for profession. Form 3CA/3CB + 3CD filed by 30 September.
Internal Audit
Section 138 + Rule 13 Companies (Accounts) Rules 2014. Required for listed companies and large unlisted (Rs 200 cr turnover, Rs 100 cr borrowings). Standard SIA 110.
|
Phase
|
Activity
|
Timeline
|
|---|---|---|
Statutory & Third-Party Costs – pass-through, NOT our fees
These are paid directly to government departments, certifying authorities, and banks. They are not VRS professional fees.
We plan and execute your audit end-to-end — risk assessment, fieldwork, and reporting under ICAI Standards on Auditing — with scope and timelines agreed up front during an initial scoping call.
Fees are confirmed per engagement after the scoping call, based on the scope and complexity involved. You receive a clear, written quote before any work begins — no hidden charges.
The final quote depends on the scope, volume, and statutory complexity of your specific engagement.
Yes. UDIN is mandatory for every certificate, audit report, GST report, and assurance document signed by a Chartered Accountant under ICAI rules.
Yes, subject to ICAI’s Code of Ethics. Structured under separate engagement letters. For VC-backed companies needing an independent auditor, we step back and coordinate.
Yes, but the catch-up has to be sequenced FY by FY. Expect late filing penalties under Sec 137 Companies Act and Sec 271 Income-tax Act for the back years.
Statutory audit is under Companies Act 2013 (mandatory for every company). Tax audit under Sec 44AB Income-tax is triggered by turnover thresholds. Many companies need both.
If you have international transactions with associated enterprises (parent, sister entity), Form 3CEB filing under Sec 92E is required.
Risk-based, not transaction-based. Scope agreed with the audit committee at year start. Quarterly fieldwork, quarterly reports. Standard SIA 110 issued by ICAI.
Your trusted partner in business setup, compliance, and growth advisory in India and abroad.
© 2026 Vijay R Singh & Co., Chartered Accountants | FRN 136869W | M.No. 153926 | +91 98607 23959 | info@cavijaysingh.com | Andheri East, Mumbai 400069
