Interactive Planning Approach
We believe audits aren’t just about compliance—they’re about trust. Whether you’re a startup, NGO, SME, or corporation, we tailor our audit process to give you meaningful insights, ensure legal accuracy, and help you make better decisions.
Statutory Audit
Mandatory audits for companies under the Companies Act, handled with precision and transparency.
Internal Audit
Independent reviews to evaluate your internal controls, identify risks, and recommend improvements.
Tax Audit
We conduct audits under Section 44AB of the Income Tax Act essential for businesses crossing turnover thresholds.
Forensic Audit
Investigative audits for fraud detection, financial mismanagement, and internal investigations.
Stock & Book Debt Audits
Reports for banks and financial institutions to support working capital and loan monitoring.
Fixed Asset Verification
Physical asset audits with proper tagging, reconciliation, and disposal tracking.
Due Diligence Reports
Financial due diligence for M&A, investments, or partnership assessments.
Achieving Transparency & Control
A good audit doesn’t just tick boxes it builds clarity and confidence. We bring an unbiased, systematic approach to every audit engagement, helping you make sense of your financial story and stay fully compliant.
How We Help You Reach Your Goals
Understand Your Business
We begin by studying your structure, operations, and existing records.
Prepare the Audit Scope
We define what’s required legal, financial, internal and create a timeline and checklist.
Conduct & Review
We verify books, systems, assets, and documentation using tech and insight.
Deliver Report & Support
You get a clear report, risk highlights, and optional advisory for improvements.
Comprehensive Solutions Tailored to Your Needs
- Investments
- Finances & Economy
See What Our Clients Are Saying
We meet our clients where they are—whether they’re navigating property transactions, handling departmental notices, or seeking audit-readiness. Our role is to ensure every step is documented, lawful, and aligned with applicable regulations.
Each engagement is designed to deliver clarity in compliance, strength in documentation, and confidence in representation. Our commitment lies in guiding clients through statutory responsibilities with structure and assurance.
With deep domain expertise across taxation, FEMA, and audit compliance, Lekshmi N Iyer & Associates supports clients with hands-on guidance, structured processes, and a proactive approach that simplifies decision-making and mitigates regulatory risks.
Audit & Assurance FAQs
Common questions about statutory audits, internal controls, and financial transparency.
Who needs to conduct a statutory audit in India?
A statutory audit is mandatory for all companies registered under the Companies Act, 2013, and for businesses or professionals with turnover exceeding prescribed thresholds under the Income Tax Act. This includes private limited companies, LLPs, and firms meeting audit applicability criteria. We help assess your audit obligations and execute them seamlessly.
What’s the difference between internal and statutory audits?
A statutory audit is legally required to ensure compliance with regulatory frameworks, focusing on financial accuracy. An internal audit is a voluntary, proactive measure conducted to improve internal processes, risk management, and operational efficiency. We offer both to ensure governance and long-term stability.
How do you conduct a forensic audit?
Forensic audits involve a detailed examination of financial records to detect fraud, embezzlement, or financial irregularities. We use data analysis, interviews, documentation tracing, and red-flag checks to investigate discrepancies. These are often used in litigation, disputes, or regulatory inquiries.
Can you help with due diligence before investments or mergers?
Absolutely. Our due diligence services help investors, acquirers, and startups assess a target company’s financial health, legal standing, tax exposure, and operational risks. Whether you’re investing, merging, or acquiring—we provide a detailed, risk-rated assessment report to support decision-making.
