Audit & Assurance

Why Audits Matter for Your Business

An audit is more than a regulatory checkbox. It is a comprehensive review of your financial records, internal controls, and business processes that provides stakeholders, including investors, banks, regulators, and business partners, with confidence in the accuracy and reliability of your financial statements. For businesses operating in Panchkula and the Chandigarh Tricity area, timely and thorough audits are essential for maintaining compliance with Indian laws and building long-term credibility.

At Omzato Accounting, we go beyond simply verifying numbers. Our audit process identifies inefficiencies, highlights financial risks before they become problems, and delivers actionable recommendations that help your business operate more efficiently. Whether you need a statutory audit under the Companies Act, a tax audit under Section 44AB, or a specialised GST or forensic audit, our team brings the expertise and attention to detail that your business deserves.

Led by Aryan Madaan, an ACCA-qualified accountant with international training and hands-on experience across diverse business structures, our audit services combine global best practices with deep knowledge of Indian compliance requirements. We work closely with licensed Chartered Accountants for all statutory signing requirements, ensuring your audit reports meet every legal standard.

Transparent Pricing

Audit Services & Pricing

Clear, upfront pricing for every type of audit. No hidden fees, no "contact for quote." Choose the service that fits your needs.

Statutory Audit
Companies Act compliance
15,000+
  • Companies Act 2013 compliance
  • Financial statements review
  • CARO report preparation
  • Board meeting documentation
  • Audit report & opinion
  • ROC filing support
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GST Audit
Annual GST compliance
30,000+
  • Annual GST compliance review
  • Turnover reconciliation
  • ITC verification & matching
  • GSTR-9C reconciliation
  • Return vs books review
  • Assessment support
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Internal Audit
Process & risk review
25,000+ /quarter
  • Process review & mapping
  • Internal controls evaluation
  • Risk assessment framework
  • Fraud detection protocols
  • Quarterly audit reports
  • Actionable recommendations
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Stock / Forensic Audit
Investigation & verification
20,000+
  • Physical stock verification
  • Forensic data analysis
  • Discrepancy identification
  • Investigation reports
  • Legal-ready documentation
  • Expert witness support
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Need a Professional Audit?

Get a FREE consultation to understand which audit service is right for your business. We will review your requirements and provide a transparent quote with no obligation.

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FAQs

Frequently Asked Questions

Quick answers to the most common questions about our audit services.

A statutory audit is mandatory for all companies registered under the Companies Act 2013, regardless of their turnover or size. This includes private limited companies, public limited companies, one person companies (OPCs), and Section 8 companies. The audit must be conducted by a qualified Chartered Accountant and the audited financial statements must be filed with the Registrar of Companies (ROC) annually. At Omzato, we work closely with licensed CAs to ensure your statutory audit meets every legal requirement.

Section 44AB of the Income Tax Act mandates a tax audit for businesses whose annual turnover exceeds Rs 1 crore (Rs 10 crore if 95% or more of transactions are digital) and for professionals whose gross receipts exceed Rs 50 lakh in a financial year. The tax audit involves a detailed examination of books of accounts and results in the preparation of Form 3CD, which is filed along with the income tax return. The due date for tax audit is typically 30th September of the assessment year. We handle the entire process from books review to Form 3CD preparation and ITR filing support.

A typical audit takes 2 to 4 weeks depending on the size and complexity of the business. Factors that affect the timeline include the volume of transactions, the number of branches or locations, the state of existing books of accounts, and the type of audit being conducted. We work efficiently to minimise disruption to your business operations and provide regular progress updates via WhatsApp throughout the process.

Yes, we provide professionally prepared audit reports that are accepted by all banks and financial institutions for loan applications, credit facilities, and other financing needs. Our audit reports include audited financial statements, balance sheets, profit and loss accounts, cash flow statements, and the auditor's opinion — all formatted to meet banking requirements. If you need audit reports for a specific bank or lender, we can tailor the format accordingly.

Yes, we handle multi-location audits across the entire Chandigarh Tricity region including Panchkula, Chandigarh, Mohali, Zirakpur, and Kharar. For businesses with branches in multiple cities, we coordinate audit schedules to cover all locations efficiently. Our cloud-based approach using QuickBooks Online also allows us to conduct significant portions of the audit remotely, reducing travel time and costs for your business while maintaining the highest standards of accuracy.

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Related Services

Complement your audit with our other professional services for complete financial management.

Tax Filing
ITR filing for individuals & businesses

Accurate, timely income tax return filing with maximum deduction optimisation. From salaried ITR-1 to corporate ITR-6, we handle it all.

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Bookkeeping
Cloud-based financial records

Keep your books audit-ready year-round with our QuickBooks Online bookkeeping service. Daily transaction recording, bank reconciliation, and monthly reports.

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Business Advisory
Strategic financial guidance

Go beyond compliance with strategic financial planning, growth advisory, and Virtual CFO services tailored to your business goals.

View Advisory