Audit and Assurance Services in Mumbai: Free Scoping, Fixed Fee in Writing, UDIN on Every Report

Yes. Our office is at Topiwala Centre, Goregaon West, Mumbai 400104, open Monday to Saturday, 9:00 AM to 7:00 PM. Most clients start with a 20-minute scoping call and share records online, and visits are optional. Stock counts and site visits in Mumbai can be arranged on dates that suit your business.

Companies registered in Maharashtra file their annual financial statements and annual return with the Registrar of Companies in Mumbai or Pune, depending on the registered office address. The audited accounts are filed after the AGM, so the audit has to finish well before that date. We confirm the timeline when we scope your case.

If turnover is above Rs 1 crore, a tax audit is needed unless cash receipts and cash payments are each 5% or less, in which case the limit is Rs 10 crore. Many Mumbai traders operate near that line, so we test the cash ratio on your actual ledgers before advising either way.

It is mandatory for every listed company. An unlisted public company needs one if paid-up capital is Rs 50 crore or more, turnover is Rs 200 crore or more, bank or financial-institution borrowings exceed Rs 100 crore, or deposits are Rs 25 crore or more. A private company needs one if turnover is Rs 200 crore or more or borrowings from banks and financial institutions exceed Rs 100 crore, tested on the preceding financial year. Smaller businesses can adopt it voluntarily, and some lenders and investors ask for it.

No. Section 144 of the Companies Act bars a company's auditor from providing certain services to that company, including accounting and book-keeping, internal audit and design of financial information systems. We tell you this upfront so you do not end up with a conflict that a regulator or lender can challenge. If you need one of those services, we can arrange it through a separate engagement for a company we do not audit.

Trial balance or the full accounting data file, bank statements and bank reconciliations, sales and purchase registers, GST returns and reconciliations, TDS returns and challans, fixed asset register, loan and borrowing confirmations, stock records, and the previous year's audited financials. Statutory records such as the minute book and registers are needed for companies. We send a checklist after the first call so you only collect what applies to you.

The main driver is how complete and reconciled your books are when we start. Clean books with bank reconciliations done move quickly, while backlog, missing vouchers or unreconciled GST and TDS add time. After reviewing your trial balance and documents, we give you a timeline in writing before you commit.

The ICAI does not prescribe audit fees. The fee depends on turnover, transaction volume, number of locations or branches, state of the books, and the reporting needed, such as CARO or internal financial controls. We scope your case for free and share a written estimate. You pay only after you accept it.