🔍 Audit & Assurance: More Than Ticking Boxes. We Protect Your Business.
Banks require it. Regulators demand it. Investors expect it. But a good audit does far more — it uncovers financial leaks, compliance gaps, and control weaknesses before they become costly surprises.
Y M Shah & Co. delivers thorough, independent audits that give your stakeholders confidence — and give you actionable insights to run a stronger business.
Our Audit & Assurance Services
We provide a comprehensive suite of audit services — tailored to your business type, size, and compliance obligations.
- Statutory Audit — mandatory audit for companies under the Companies Act, 2013
- Tax Audit under Section 44AB — for businesses and professionals exceeding turnover thresholds
- GST Audit & Annual Return (GSTR-9/9C) reconciliation and certification
- Internal Audit — risk-based review of operations, controls and financial processes
- Bank Audit — concurrent audit, revenue audit and branch statutory audit
- Management Audit — evaluating effectiveness of business processes and decisions
- Special Purpose Audits — due diligence, stock audits, forensic reviews
What Our Audit Process Uncovers
Most businesses don’t know what they’re missing until an independent eye looks closely. Our structured audit methodology goes beyond the numbers.
- 📊 Revenue leakages — unrecorded sales, billing shortfalls, collection gaps
- 💸 Expense irregularities — inflated costs, unsupported claims, related party transactions
- 🔒 Internal control weaknesses — access controls, approval workflows, segregation of duties
- 📋 Statutory compliance gaps — TDS defaults, PF/ESIC, GST reconciliation issues
- ⚠️ Financial statement risk — items requiring adjustments, disclosures or restatements
Is Your Business Due for an Audit?
Audit obligations depend on your business structure, turnover, and sector. Here are the most common triggers — if any apply to you, the deadline may be closer than you think.
- Companies with turnover above ₹1 crore (mandatory statutory audit)
- Businesses with turnover above ₹10 crore requiring tax audit
- Professionals with gross receipts above ₹50 lakh (Section 44ADA threshold)
- Companies seeking bank loans or investor funding (requires audited financials)
- Businesses facing internal fraud or financial irregularity concerns
Why Businesses Choose Y M Shah & Co. for Audits
- 15+ years of audit experience across manufacturing, trading, services and NBFCs
- Technology-assisted audit approach — faster turnaround, deeper analysis
- Management letter with every audit — you get actionable improvement recommendations
- On-time delivery — we plan around your board meetings and filing deadlines
- Independence guaranteed — we flag issues honestly, not just what you want to hear
“Their internal audit flagged a ₹12 lakh supplier overcharge we had missed for two years. The fee paid for itself many times over.” — CFO, Manufacturing Company, Gujarat
Ready to Schedule Your Audit? Let's Talk.
Whether it’s a statutory requirement or a proactive internal review — we’ll scope it, plan it, and deliver it on time.
📞 Call/WhatsApp: +91 9033231693 | ✉️ haard@ymshah.com