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Independent Audits. Stronger Controls. Greater Confidence.

At Chandorkar & Limaye, we provide comprehensive Audit & Assurance services designed to strengthen financial transparency, improve governance, and enhance stakeholder confidence. With nearly four decades of experience, our team assists businesses in meeting statutory requirements while identifying opportunities to improve operational efficiency and risk management.

Whether you are a growing enterprise, an established corporation, a financial institution, or a non-profit organisation, our audit professionals deliver objective insights that help you make informed business decisions.

Services

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Why Audit & Assurance Matters

Building Trust Through Financial Transparency

In today’s highly regulated business environment, stakeholders expect accurate financial reporting, robust internal controls, and compliance with applicable laws and regulations.

Our Audit & Assurance services help organisations:

  • Improve financial credibility
  • Strengthen internal controls
  • Reduce compliance risks
  • Detect operational inefficiencies
  • Support informed decision-making
  • Enhance investor and lender confidence
  • Meet statutory and regulatory obligations

Our Audit & Assurance Services

Statutory Audit

Ensuring Compliance and Financial Accuracy

A statutory audit is a legally mandated examination of an organisation’s financial statements under the Companies Act, 2013.

Our statutory audit process focuses on:

  • Verification of financial records
  • Compliance with accounting standards
  • Internal Financial Control (IFC) evaluation
  • Risk assessment procedures
  • Financial statement certification
  • Regulatory reporting requirements

We provide independent assurance that financial statements present a true and fair view of the organisation’s financial position.

Internal Audit & Internal Financial Controls (IFC)

Strengthening Governance and Risk Management

A strong internal control environment is critical for sustainable business growth.

Our Internal Audit and IFC services include:

  • Risk-based audit planning
  • Process reviews and evaluations
  • Internal control testing
  • Compliance assessments
  • Fraud risk identification
  • Control gap analysis
  • Remediation recommendations

We help organisations improve operational efficiency while ensuring compliance with regulatory requirements.

Bank Audit

Expertise in Banking and Financial Sector Audits

Our firm has extensive experience in conducting statutory and concurrent audits for banks and financial institutions.

Services include:

  • Statutory Bank Audits
  • Concurrent Audits
  • Revenue Audits
  • Branch Audits
  • LFAR Reporting
  • NPA Verification
  • Regulatory Compliance Reviews

Our banking audit professionals ensure adherence to RBI guidelines and industry best practices.

Special Audit

Independent Investigation and Performance Assessment

Special audits are often required when organisations need a deeper review of specific areas of concern.

Our Special Audit services include:

  • Management Audits
  • Process Audits
  • Compliance Audits
  • Investigation Reviews
  • Forensic Reviews
  • Court-Directed Audits

We provide actionable insights that support corrective actions and better governance.

IFRS Audit & Certification

Supporting Global Financial Reporting Standards

For multinational businesses and organisations operating across borders, compliance with international reporting standards is essential.

Our IFRS services include:

  • IFRS Financial Statement Reviews
  • IFRS Audit Support
  • Certification Services
  • Reporting Framework Assessments
  • Transition Advisory

We assist multinational groups, foreign-listed entities, and Indian subsidiaries in meeting international reporting obligations with confidence.