Your Complete Guide to Audit Support in India: Ensuring Compliance & Confidence

Introduction

In today’s dynamic regulatory environment, audits have become more than just a compliance requirement — they are essential tools for building transparency, improving internal controls, and gaining stakeholder confidence. Whether you are a startup, SME, or large corporation, having the right audit support is crucial.

At Vilki & Co, Chartered Accountants, we specialize in offering end-to-end audit solutions tailored for Indian businesses, aligned with the latest regulations issued by ICAI, SEBI, and other statutory authorities.

What Is an Audit & Why Is It Important?

An audit is an independent examination of financial information to ensure that it presents a true and fair view of an entity’s financial position. In India, audits are mandated under various statutes like:

  • Companies Act, 2013
  • Income Tax Act, 1961
  • Goods and Services Tax (GST) laws
  • SEBI Regulations (for listed entities)

Audits enhance credibility, ensure legal compliance, and help detect inefficiencies and fraud.

Types of Audits in India

We offer a full spectrum of audit services, including:

  • Statutory Audits under Companies Act
  • Tax Audits under Section 44AB of Income Tax Act
  • Internal Audits for risk assessment and process improvement
  • GST Audits and reconciliation
  • Stock and Inventory Audits
  • Forensic Audits in case of suspected fraud
  • Management Audits for performance and decision-making insights
  • Trust and NGO Audits

How We Help: Audit Services Tailored to Your Needs

At Vilki & Co, we follow a structured and risk-based approach to ensure every audit is:

✅ Compliant with the latest ICAI standards
✅ Industry-specific and customized
✅ Tech-enabled for efficiency and accuracy
✅ Value-driven with actionable recommendations

We support our clients with:

  • Pre-audit readiness checks
  • Documentation and evidence gathering
  • Process walkthroughs and control testing
  • Final audit reports with insights for improvement

What Sets Us Apart?

🔹 Experienced team of Chartered Accountants and Audit Specialists
🔹 Deep understanding of sector-specific nuances (manufacturing, fintech, real estate, etc.)
🔹 Transparent communication and proactive reporting
🔹 Technology-driven audit tools and working papers

Stay Ahead of the Curve

India’s regulatory framework is evolving. From increased scrutiny under the MCA to technology-driven GST audits, businesses must stay compliant to avoid penalties and reputational risks.

We don’t just audit – we guide, support, and empower your business to thrive confidently in a regulated environment.

Let’s Talk Audit.
Ready to streamline your audit process or need a compliance check?
📩 at info@vilki.co

About Us

Founded in 1994, Vilki & Co (Chartered Accountants)—formerly known as DMS & Vilki Associates—has been a trusted name in Project Financing, Audit, Taxation, and Financial Advisory. With a strong foundation built on integrity, professionalism, and innovation, we have served businesses across industries with a commitment to excellence.