Audit & Assurance - Somu & Associates
Service

Audit & Assurance

A risk-based, business-first approach to audit - built to understand how your company actually runs, not just its books.

We deliver audit and assurance services for entrepreneurial companies, built around a risk-based approach that prioritises efficiency and timely delivery. Our focus goes beyond accounting records - we aim to understand the business itself, so the advisory support that comes with every audit is grounded in how your company actually operates.

Our Audit Services

Statutory, tax, and internal audits, along with specialised reviews and reporting under Indian and international standards.

01

Statutory Audit

Thorough audits in line with statutory requirements, giving assurance on financial statements and regulatory compliance.

  • Company audits - statutory audits under the Companies Act, 2013 for private and public companies
  • Trust, NGO & society audits - audits for charitable trusts, NGOs, and societies, aligned with applicable donation-exemption and registration requirements
  • Bank & branch audits - statutory and concurrent audits of bank branches and NBFCs
02

Tax Audit

Detailed tax audits that confirm adherence to tax regulations while identifying risks and opportunities for optimisation.

03

Internal Audit

Audit services that assess and strengthen internal controls, risk management, and operational efficiency.

04

Limited Reviews

Concise reviews of financial information, highlighting key areas of concern without a full audit cycle.

05

Specialised & Forensic Audits

Targeted, non-statutory reviews carried out where a specific concern needs closer examination, rather than a full audit cycle.

  • Investigation audits - in-depth examination to uncover irregularities, fraud, or financial misconduct where it's suspected
  • Stock & debtors audits - focused verification of quantities, valuations, and recovery rates for accurate representation in financial statements
06

Reporting, IFRS/US GAAP & Regulatory Certifications

Support adopting international financial reporting standards or US GAAP, with accurate, compliant reporting throughout.

  • IFRS / US GAAP conversion & reporting - transition support and ongoing reporting under international standards
  • Regulatory compliance & certification - support meeting regulatory requirements, preparing accurate reports, and obtaining the certifications you need