Audit & Assurance Services

Audit and Assurance Services in Hyderabad

An audit gives owners, banks, investors and tax authorities confidence that your financial statements are reliable. As a Chartered Accountant firm, Naresh Pokala & Company carries out statutory, tax and internal audits for companies, LLPs, firms, proprietors, trusts and societies in Hyderabad and across Telangana.

Audits We Conduct

• Statutory audit of companies: annual audit under the Companies Act, 2013, including reporting under CARO where applicable.
• LLP audit: required when an LLP's turnover exceeds ₹40 lakh or its contribution exceeds ₹25 lakh.
• Tax audit: for businesses and professionals whose turnover or receipts cross the limits under the Income Tax Act.
• Internal audit: review of processes, controls and transactions to find leakages and errors.
• Stock audit: verification of inventory and receivables, often required by banks.
• Audit of trusts, societies and NGOs: for income tax exemption and donor reporting.

Our Audit Approach

1. Understand your business, systems and risks
2. Plan the audit and agree timelines
3. Verify records, vouchers, bank statements and confirmations
4. Discuss findings with management before finalising
5. Issue the audit report and file it within the due date

Why It Matters

A timely audit avoids penalties, supports loan and tender applications, and helps you spot problems early. Our practical recommendations often help clients tighten controls and improve profitability.

Frequently Asked Questions

Is an audit compulsory for every private limited company?
Yes. Every company must get its accounts audited every year, regardless of turnover.

Can my accountant also be my auditor?
The statutory auditor must be independent. A person who maintains your books generally cannot also act as your statutory auditor.

Plan Your Audit

Talk to Naresh Pokala & Company, Chartered Accountants, LB Nagar, Hyderabad. WhatsApp us on 73068 10570.