Notifications/Circulars
23/02/2026
Empanelment Notice for Members to Serve as Observers in May 2026 CA Examinations
Draft Framework Released for Bank Audit Guidance – 2026 Update
19/02/2026
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
Unique Transaction Identifier for OTC Derivative Transactions
16/02/2026
Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026
Formation of new district in the State of Haryana – Assignment of Lead Bank Responsibility
Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026
14/02/2026
Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026
Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026
Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026
Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026
Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026
Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026
Reserve Bank of India (Rural Co-operative Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026
11/02/2026
Strengthening of Grievance Redress Mechanism in Banks – Review

Audit

Audit and Assurance

Our audit and assurances service offerings are based on a complete understanding of the clients’ business specifics, industry peculiarities and the applicable laws. The audit approach is based on the compliance issues, the nature and requirement for audit, the clients’ requirement and key risk issues involved. Our audit and assurance solutions range from statutory audits, internal audits, tax audits, transfer pricing audits, management audits, concurrent audits etc. The audit deliverables range from reporting for statutory compliances to enhancing the clients business financial and operational performance.

  • Statutory Audits


We conduct statutory and regulatory compliance audits for filing of annual or periodic financial results. Statutory audits are aimed at achieving compliance with regulations, assessing the strength of controls, confirmation of accounting treatments of recorded transactions, independent review of reported information and preparation of accountants’ report.

  • Tax Audits

We annually serve our two hundred and fifty clients in area of tax audit under various provisions of the tax laws. Amongst the firms’ tax auditee clients are Fortune 500 companies, multinational companies, large and medium corporations and small businesses, partnership firms, non profit organisations and high net worth individuals. The firm has dedicated audit teams which specialise in conducting the audits effectively and diligently.

  • Internal Audits

The internal audits are conducted with varying client requirements but essentially the objective thereof is to provide assurance on controls and processes.

  • Concurrent Audits

Concurrent Audit of bank and other insitutions is conducted with the objective of identifying any revenue leakages, spot rectification of any errors, loans and advances, business operations, internal control checks etc.