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Audit and Assurances

INDEPENDENT ASSURANCE · REGULATORY COMPLIANCE

Strong compliance begins with independent verification. By availing our Audit & Assurance services, businesses firstly get to identify their risks of non-compliance, secondly meet their regulatory requirements, and thirdly, strengthen their governance practices. So, be it Secretarial Audit, Pre-Structuring Due Diligence, or audits under SEBI Listing Regulations, we furnish you with the pragmatic help that can really work for your business in going compliant and being well-prepared.

Secretarial audit is a statutory compliance made compulsory for listed companies and certain specified unlisted public companies by the Department of Corporate Affairs under section 204 of the Companies Act, 2013. This audit is conducted by a professional company secretary. It mostly assesses the level of the company’s compliance with the provisions of corporate & securities laws, besides other relevant laws and regulations.

Besides helping companies to fulfil their legal obligations, the audit can also be used by companies to spot areas where they are not compliant, enhance their internal controls and raise their standard of corporate governance.

Our Secretarial Audit covers:

Applicability

₹50 Cr

Paid-up capital threshold for unlisted public companies

Form MR-3

Section 204

CS in Practice

Audit timeline: 2-4 weeks | Report filing within 60 days of AGM

Every restructuring exercise comes with its own legal, financial, and operational challenges. It is essential to be well aware of risk factors before going ahead with a merger, acquisition, demerger, joint venture, or capital restructuring.

Pre-Structuring Due Diligence by us assists companies in identifying key issues at an early stage, thereby facilitating planning of transactions with enhanced clarity and assurance.

Our due diligence includes:

When to conduct?

M&A

Mergers, Acquisitions, JVs, Demergers

M&A advisory

Risk assessment

Valuation support

Deliverable: Comprehensive due diligence report with risk matrix

Listed entities are required to comply with various provisions under the SEBI (LODR) Regulations and other securities laws. Our audit services are designed to help companies review their compliance framework, meet regulatory obligations, and minimise the risk of penalties.

Listing Audit Calendar

Quarterly

Financial results review & limited review audit

Reg 24A

PIT audit

RPT audit

Non-compliance penalties: Up to ₹10 lakh per violation

Our Statutory Audit Support services help businesses prepare for statutory audits by ensuring financial records, accounting practices, and statutory compliances are accurate, complete, and audit-ready. We work closely with management and auditors to streamline the audit process, reduce delays, and ensure compliance with applicable laws and accounting standards.

From preparing financial statements and supporting schedules to resolving audit queries and coordinating with statutory auditors, we provide end-to-end assistance that enhances transparency and strengthens stakeholder confidence.

As Per Audit Schedule

Based on financial year-end and audit requirements

Audit Readiness:

Ensures financial records are complete, accurate, and prepared for statutory audits.

Regulatory Compliance:

Supports compliance with statutory reporting requirements and audit standards.

Available In:

India and selected international jurisdictions

Our Tax Audit Support services assist businesses in meeting tax audit requirements under the Income Tax Act with accuracy and efficiency. We help prepare financial data, reconcile tax records, review statutory compliances, and coordinate with tax auditors to ensure timely completion of the audit process.

Our experts identify potential tax risks, resolve discrepancies, and ensure all audit reports and supporting documents are prepared in accordance with applicable tax regulations, helping businesses minimize compliance risks and avoid penalties.

As Per Audit Schedule

As Per Statutory Due Dates

Subject to financial records and document availability

Accurate Tax Compliance:

Ensures tax records and financial statements meet statutory audit requirements.

Risk Identification:

Highlights tax discrepancies and supports timely corrective actions.

Available In:

India and selected international jurisdictions

An Annual Social Impact Report showcases an NGO’s achievements, financial transparency, governance practices, and measurable impact on communities. Our team helps NGOs prepare comprehensive and professionally structured impact reports that meet donor expectations, CSR requirements, Social Stock Exchange (SSE) disclosures, and regulatory standards.

We assist in collecting impact data, analyzing outcomes, preparing narrative reports, and presenting financial and non-financial information in a clear, credible, and stakeholder-friendly format that strengthens donor confidence and organizational accountability.

15–30 Working Days*

Subject to project data, documentation, and reporting requirements

Transparent Impact Reporting:

Clearly communicates organizational achievements, outcomes, and social value created.

Compliance & Donor Readiness:

Supports reporting requirements for donors, CSR partners, regulatory authorities, and the Social Stock Exchange (SSE).

Available In:

India and selected international jurisdictions

FREQUENTLY ASKED QUESTIONS

Everything you need to know about audit & assurance services
Is Secretarial Audit mandatory for private companies?
No, Secretarial Audit under Section 204 is not mandatory for private companies. However, many private companies voluntarily conduct secretarial audits to enhance corporate governance, prepare for future public listing, or satisfy investor requirements. Certain NBFCs and large private companies may have secretarial audit requirements under sectoral regulations.
Statutory Audit (Financial Audit) is conducted by a Chartered Accountant to verify financial statements and accounting records. Secretarial Audit is conducted by a Company Secretary in Practice to verify compliance with corporate, securities, and other economic laws. Secretarial audit focuses on legal and regulatory compliance, while statutory audit focuses on financial accuracy.
Pre-structuring due diligence is essential before mergers, acquisitions, demergers, joint ventures, private equity investments, IPO preparation, or any major capital restructuring. It helps identify hidden liabilities, regulatory violations, and legal risks that could impact valuation or transaction success. It’s also required by lenders and investors as a precondition for funding.
As per Section 204, failure to appoint a Company Secretary for conducting Secretarial Audit or failure to file the Secretarial Audit Report (Form MR-3) attracts a penalty of ₹1 lakh on the company and ₹25,000 on the officer in default. Continued default results in further penalties of ₹5,000 per day. Additionally, stock exchanges may impose fines for listed companies.
Regulation 24A of SEBI LODR mandates top 1000 listed entities to obtain an Annual Secretarial Compliance Report from a Company Secretary. The report covers compliance with SEBI Regulations, Listing Agreements, the Companies Act, and other applicable laws. It includes verification of board and committee meetings, corporate governance, timely filings, and disclosure compliance.
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