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Audit Assistance

BSMART assists clients with audit functions providing comprehensive year-round audit procedure, which goes well beyond the routine transactions, testing the effectiveness of the control environment and risk management, process improvement and cost control tactics. We provide auditing services in all of the below mentioned fields –

  • Statutory Audit: We assist clients with Statutory Audit under the Companies Act, Banking Regulation Act, Bombay Public Trust Act, Societies Registration Act and the Co-operative Societies Act. We undertake these audit assuring compliances with all legal formalities.
  • Tax Audit: We assist clients with Tax Audit under the purview of Section 44 AB of Income Tax Act. 1961 of Proprietor, Partnership Firms, AOPs, Private Limited Companies, Limited Companies and Banks.
  • GST Audit: BSMART believes in offering qualitative value-added services encompassing a comprehensive review of all GST records along with our recommendations on strengthening internal controls for appropriate data entry, data recording, data analysis and data requirements for compliance.
  • Bank Audit: We assist clients with Statutory Audits, Concurrent Audits, Revenue Audits, Income & Expenditure Audits, ISA Audits, Stock Audits etc.
  • Internal Audit: We assist clients with internal audit functions, providing comprehensive, year-round audit procedure, which goes well beyond the routine transactions, testing the effectiveness of the internal control environment, risk management, process improvement and cost control tactics.
  • Concurrent Audit: We provide systematic, all year-round concurrent audit services. The results of this are seen over the long run through our continuous focused improvement points and suggestions.
  • Management Audit: We perform Management audit function in order to provide the client’s management with a clear, comprehensive and unbiased analysis of the operational and financial efficiency of the organization. We closely work with the management and employees of the entity to ensure we explore all untouched and missed-out areas to maximize efficiency and effectiveness of business processes.
  • Co-operative Audit: We conduct detailed & scientific audits of various Co-operatives as per the Cooperative Societies Act, 1912. Our Co-operative audits focus is on Examination of overdue debts, Valuation of Assets &liabilities, Adherence to Co- operative principles, Observations of the provisions of the Act & Rules, Special report to the Registrar, Audit classification of the society etc.
  • Stock Audit: We provide Stock based auditing to companies helping them safeguard and monitor their physical assets and inventories efficiently. We follow a strict audit and reporting mechanism that ensures that every aspect of stock is evaluated and findings are reported in a transparent manner to different managerial levels concerned.
  • Systems Audit: We assist clients in establishing and complying with the Information System Auditing Standards. We establish controls whether managerial, organizational, operational or application in IT environments.

With an experience of over two decedes now, we have been serving our client with a range of audit services. While doing the same, we have till now served more than 500 clients  that includes :

  • Tax Audits, VAT Audits, Statutory Audits under various acts i.e. Companies Act, Trust Act, Societies Act, etc. for more than 300 clients
  • Internal Audit of more than 50 companies which includes MNCs, Public Limited Companies and Private Limited Companies
  • System Audit of around 15 bank branches
  • Bank Audits of Nationalized Banks, Co-operative Banks, Private Banks for more than 15 years.

Address -

Head Office:
Sujay Garden, Swayambhu, Ground floor, Sr.No 706 A & B , Mukund Nagar, Pune 411037
Tel: 020-24211131/41/51

Mumbai Branch:
The Capital, Level 7, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051

London Office:
71-75, Shelton Street, London, Greater London,

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