Skip to content

Tax & Chartered Accountancy

Audit & Assurance

Statutory audit, internal audit, tax audit and transaction due diligence with clear, defensible reporting.

An audit is only useful if it tells you something you did not already know. We plan around your risk areas — revenue recognition, related-party flows, inventory, statutory dues — and document findings in a way boards, lenders and investors can act on.

Problems this solves

  • Audit timelines slipping into statutory penalty territory
  • Recurring qualifications that never get addressed at source
  • Weak internal controls discovered only after a loss
  • Financials that cannot be relied upon during fundraising or acquisition

What you receive

  • Audit plan with scope, risk areas and timelines agreed upfront
  • Fieldwork, sampling and documentation of testing performed
  • Audit report with findings, observations and management letter
  • Remediation checklist so the same issue does not recur next year

How the engagement runs

  1. 01

    Share the requirement

    We confirm the applicable audit type, statutory deadlines and reporting requirements.

  2. 02

    Scoping & assessment

    A risk-based plan is agreed with your finance team, including a document request list.

  3. 03

    Execution

    Fieldwork, testing and reconciliations are completed, with issues raised as we go.

  4. 04

    Handover & follow-through

    The report is issued alongside a management letter and a control-improvement checklist.

Frequently asked

What is the difference between a statutory and a tax audit?

A statutory audit reports on whether financial statements present a true and fair view under the Companies Act. A tax audit is conducted under the Income-tax Act when turnover or profit thresholds are crossed, and reports in the prescribed format.

How long does an audit take?

It depends on transaction volume and the state of the books. A well-maintained small company audit typically runs a few weeks; timelines are agreed in the planning stage.

Who this is for

  • Companies with statutory audit obligations
  • Businesses crossing tax audit thresholds
  • Boards commissioning an internal audit or process review
  • Buyers and investors needing financial due diligence before a transaction

Enquiry

Discuss audit & assurance

Share a few details and a KL Imagine consultant will get back to you. Submitting opens WhatsApp with your enquiry prefilled.

Your details are used only to respond to this enquiry.

Related tax & chartered accountancy services

Next step

Get audit & assurance handled properly

Send us the situation in a sentence or two. We'll tell you what's involved, what it costs and how long it takes — before you commit to anything.